Shares of Capital Power Co. (TSE:CPX – Get Free Report) have earned an average recommendation of “Hold” from the ten analysts that are currently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$44.45.
A number of equities analysts recently weighed in on CPX shares. BMO Capital Markets cut their price target on shares of Capital Power from C$40.00 to C$38.00 and set a “market perform” rating on the stock in a report on Thursday, May 2nd. Desjardins lowered their price target on Capital Power from C$51.00 to C$49.00 and set a “buy” rating for the company in a research report on Tuesday, April 30th. ATB Capital decreased their price target on shares of Capital Power from C$42.00 to C$41.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 17th. TD Securities dropped their price target on Capital Power from C$49.00 to C$47.00 in a research report on Thursday, May 2nd. Finally, CIBC reduced their price target on Capital Power from C$40.00 to C$39.00 and set a “neutral” rating for the company in a report on Thursday, May 2nd.
View Our Latest Report on Capital Power
Insider Buying and Selling at Capital Power
Capital Power Stock Performance
Shares of Capital Power stock opened at C$37.14 on Thursday. The stock has a market cap of C$4.80 billion, a price-to-earnings ratio of 6.15, a P/E/G ratio of 0.91 and a beta of 0.57. Capital Power has a twelve month low of C$33.90 and a twelve month high of C$46.73. The company’s fifty day moving average is C$37.23 and its 200 day moving average is C$37.27. The company has a quick ratio of 0.55, a current ratio of 1.29 and a debt-to-equity ratio of 153.08.
Capital Power (TSE:CPX – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported C$0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.72 by C$0.02. The company had revenue of C$984.00 million for the quarter. Capital Power had a return on equity of 26.11% and a net margin of 18.29%. Sell-side analysts forecast that Capital Power will post 3.2094897 EPS for the current year.
Capital Power Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, June 28th will be paid a $0.615 dividend. This represents a $2.46 dividend on an annualized basis and a yield of 6.62%. The ex-dividend date of this dividend is Friday, June 28th. Capital Power’s dividend payout ratio (DPR) is 40.73%.
Capital Power Company Profile
Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.
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