National Bank Financial Predicts Capital Power Q4 Earnings

Capital Power Co. (TSE:CPX) – Stock analysts at National Bank Financial issued their Q4 2024 EPS estimates for shares of Capital Power in a research note issued to investors on Tuesday, January 28th. National Bank Financial analyst P. Kenny forecasts that the company will post earnings of $1.02 per share for the quarter. The consensus estimate for Capital Power’s current full-year earnings is $2.82 per share.

Capital Power (TSE:CPX) last posted its earnings results on Wednesday, October 30th. The company reported C$1.32 earnings per share for the quarter, beating the consensus estimate of C$0.96 by C$0.36. Capital Power had a net margin of 16.77% and a return on equity of 19.49%. During the same period in the prior year, the firm posted $2.26 earnings per share.

Other equities analysts have also recently issued reports about the company. CIBC raised their target price on Capital Power from C$54.00 to C$68.00 and gave the company a “neutral” rating in a report on Monday, December 30th. ATB Capital raised their price objective on shares of Capital Power from C$57.00 to C$63.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 18th. Royal Bank of Canada cut their target price on shares of Capital Power from C$54.00 to C$53.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 31st. Scotiabank raised their price target on shares of Capital Power from C$66.00 to C$69.00 and gave the company an “outperform” rating in a research report on Wednesday, December 18th. Finally, National Bankshares increased their price objective on Capital Power from C$56.00 to C$65.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Capital Power currently has an average rating of “Hold” and an average target price of C$63.33.

Capital Power Trading Down 1.7 %

CPX opened at C$53.22 on Thursday. Capital Power has a 52 week low of C$33.90 and a 52 week high of C$68.73. The company has a quick ratio of 0.55, a current ratio of 0.88 and a debt-to-equity ratio of 133.46. The business has a fifty day simple moving average of C$61.28 and a 200-day simple moving average of C$52.54. The firm has a market cap of C$6.92 billion, a P/E ratio of 10.54, a P/E/G ratio of 0.91 and a beta of 0.64.

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.