Cormark Comments on Northland Power FY2026 Earnings

Northland Power Inc. (TSE:NPI) – Investment analysts at Cormark issued their FY2026 EPS estimates for Northland Power in a research report issued on Thursday, May 15th. Cormark analyst N. Boychuk forecasts that the solar energy provider will post earnings of $0.54 per share for the year. Cormark has a “Hold” rating on the stock.

Other research analysts have also issued reports about the stock. TD Securities lifted their price objective on shares of Northland Power from C$23.00 to C$24.00 and gave the company a “buy” rating in a research note on Friday, February 28th. Raymond James dropped their price target on shares of Northland Power from C$30.00 to C$29.00 in a research note on Friday, February 28th. Scotiabank upgraded shares of Northland Power from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 15th. National Bankshares dropped their price target on shares of Northland Power from C$34.00 to C$32.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Finally, CIBC dropped their price target on shares of Northland Power from C$29.00 to C$28.00 in a research note on Friday, February 28th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$27.21.

Northland Power Trading Down 0.1%

TSE NPI opened at C$20.69 on Monday. The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17. The firm has a market cap of C$5.43 billion, a PE ratio of -37.90, a P/E/G ratio of 0.71 and a beta of 0.47. Northland Power has a one year low of C$16.14 and a one year high of C$24.88. The firm’s fifty day moving average is C$19.09 and its two-hundred day moving average is C$18.86.

Northland Power Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a dividend of $0.10 per share. The ex-dividend date was Monday, March 31st. This represents a $1.20 annualized dividend and a yield of 5.80%. Northland Power’s payout ratio is currently -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.