Northland Power, Inc. (OTCMKTS:NPIFF) Receives Average Rating of “Moderate Buy” from Analysts

Northland Power, Inc. (OTCMKTS:NPIFF) has earned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

A number of equities analysts have commented on NPIFF shares. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Northland Power in a research report on Friday, November 21st. Scotiabank reissued a “sector perform” rating on shares of Northland Power in a report on Friday, November 21st. TD Securities downgraded shares of Northland Power from a “buy” rating to a “hold” rating in a research report on Friday, November 21st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Northland Power in a research report on Friday, November 14th. Finally, National Bank Financial reissued an “outperform” rating on shares of Northland Power in a research note on Wednesday, December 3rd.

Northland Power Stock Up 1.5%

NPIFF opened at $14.60 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.49. The firm has a 50 day moving average price of $13.57 and a 200-day moving average price of $15.05. Northland Power has a twelve month low of $11.43 and a twelve month high of $18.44. The stock has a market capitalization of $3.82 billion and a price-to-earnings ratio of -18.02.

Northland Power Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.0714 dividend. The ex-dividend date was Friday, November 28th. This represents a yield of 744.0%. Northland Power’s dividend payout ratio is presently -64.20%.

About Northland Power

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company’s portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project’s lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.