Raymond James Predicts Reduced Earnings for Northland Power

Northland Power Inc. (TSE:NPI) – Equities researchers at Raymond James dropped their Q1 2025 earnings per share estimates for Northland Power in a research report issued to clients and investors on Tuesday, April 29th. Raymond James analyst T. Genzebu now forecasts that the solar energy provider will earn $0.47 per share for the quarter, down from their prior estimate of $0.52. Raymond James also issued estimates for Northland Power’s Q1 2026 earnings at $0.61 EPS and Q2 2026 earnings at $0.39 EPS.

A number of other brokerages also recently weighed in on NPI. National Bankshares dropped their price objective on Northland Power from C$34.00 to C$32.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. TD Securities increased their price target on Northland Power from C$23.00 to C$24.00 and gave the stock a “buy” rating in a research report on Friday, February 28th. CIBC lowered their price target on shares of Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th. Cormark reduced their price objective on shares of Northland Power from C$25.00 to C$23.50 in a research report on Thursday, January 30th. Finally, Scotiabank lowered their target price on Northland Power from C$28.00 to C$25.00 in a report on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$27.21.

Northland Power Trading Down 1.0 %

NPI stock opened at C$18.28 on Friday. Northland Power has a 12 month low of C$16.14 and a 12 month high of C$24.88. The company has a market capitalization of C$4.80 billion, a PE ratio of -33.49, a P/E/G ratio of 0.71 and a beta of 0.47. The firm’s 50-day moving average is C$19.05 and its 200 day moving average is C$19.03. The company has a debt-to-equity ratio of 181.28, a current ratio of 1.17 and a quick ratio of 1.23.

Northland Power Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 6.56%. The ex-dividend date of this dividend was Monday, March 31st. Northland Power’s dividend payout ratio (DPR) is -219.84%.

About Northland Power

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company’s largest segment over the long term.