Northland Power (NPIFF) Expected to Post Quarterly Earnings on Thursday

Northland Power (OTCMKTS:NPIFF) is expected to be releasing its results after the market closes on Thursday, November 12th. Analysts expect the company to post earnings of $0.0745 per share and revenue of $382.32 million for the quarter.

Northland Power Trading Down 0.7%

NPIFF stock opened at $16.08 on Wednesday. The firm has a fifty day moving average price of $15.60 and a 200 day moving average price of $15.77. Northland Power has a fifty-two week low of $11.43 and a fifty-two week high of $18.12. The firm has a market cap of $4.20 billion, a PE ratio of 13.38 and a beta of 0.10. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.04 and a current ratio of 1.04.

Analysts Set New Price Targets

Separately, TD Securities raised shares of Northland Power from a “hold” rating to a “buy” rating in a research note on Friday, August 14th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Northland Power currently has a consensus rating of “Moderate Buy”.

Northland Power Company Profile

Northland Power is a Canadian power producer that develops, owns and operates electricity-generation and energy-storage facilities. Its portfolio includes offshore and onshore wind, solar, natural gas and battery storage projects. Founded in 1987 and headquartered in Toronto, the company has expanded beyond Canada into international markets, including Europe and the Asia-Pacific region. Its activities span the development and construction of energy projects as well as the operation of facilities that supply electricity to power markets and customers.