Northland Power Inc. (TSE:NPI - Get Free Report) Director Eckhardt Guenter Ruemmler acquired 810 shares of Northland Power stock in a transaction on Friday, March 28th. The shares were bought at an average price of C$20.04 per share, for a total transaction of C$16,228.65.
Eckhardt Guenter Ruemmler also recently made the following trade(s):
- On Monday, December 30th, Eckhardt Guenter Ruemmler acquired 820 shares of Northland Power stock. The stock was purchased at an average cost of C$17.99 per share, with a total value of C$14,747.70.
Northland Power Stock Performance
NPI opened at C$19.67 on Friday. The stock has a 50-day moving average of C$18.35 and a 200-day moving average of C$19.67. The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17. Northland Power Inc. has a 52-week low of C$16.14 and a 52-week high of C$24.88. The company has a market cap of C$5.16 billion, a PE ratio of -36.04, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47.
Northland Power Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date is Monday, March 31st. Northland Power's dividend payout ratio is -219.84%.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on NPI. TD Securities upped their price target on Northland Power from C$23.00 to C$24.00 and gave the company a "buy" rating in a research report on Friday, February 28th. Cormark decreased their price objective on Northland Power from C$25.00 to C$23.50 in a report on Thursday, January 30th. CIBC decreased their price objective on shares of Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th. Raymond James cut their target price on shares of Northland Power from C$30.00 to C$29.00 in a research note on Friday, February 28th. Finally, National Bankshares decreased their price objective on shares of Northland Power from C$34.00 to C$32.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$27.21.
Read Our Latest Analysis on NPI
Northland Power Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
