Northland Power (NPI) Scheduled to Post Quarterly Earnings on Wednesday

Northland Power (TSE:NPI) will announce its earnings results after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of C$0.13 per share for the quarter.

Northland Power (TSE:NPI) last issued its earnings results on Wednesday, August 14th. The solar energy provider reported C$0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.17 by C$0.08. The business had revenue of C$528.97 million during the quarter, compared to analyst estimates of C$526.10 million. Northland Power had a return on equity of 3.95% and a net margin of 2.98%.

Northland Power Stock Down 0.8 %

Shares of NPI opened at C$20.21 on Tuesday. The firm has a market cap of C$5.21 billion, a P/E ratio of 84.21, a P/E/G ratio of 0.71 and a beta of 0.47. The stock has a 50 day simple moving average of C$21.70 and a two-hundred day simple moving average of C$22.60. The company has a debt-to-equity ratio of 166.53, a current ratio of 0.86 and a quick ratio of 1.23. Northland Power has a 1 year low of C$19.73 and a 1 year high of C$25.36.

Northland Power Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.20 annualized dividend and a yield of 5.94%. Northland Power’s payout ratio is currently 500.00%.

About Northland Power

Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.