Investment Analysts’ Weekly Ratings Updates for Northland Power (NPI)

Several brokerages have updated their recommendations and price targets on shares of Northland Power (TSE: NPI) in the last few weeks:

• 5/15/2026 – Northland Power had its price target raised by ATB Cormark Capital Markets from C$24.00 to C$26.00. They now have an “outperform” rating on the stock.
• 5/15/2026 – Northland Power had its price target raised by Scotia from C$23.00 to C$25.00. They now have a “sector perform” rating on the stock.
• 5/15/2026 – Northland Power had its price target raised by Raymond James Financial, Inc. from C$25.50 to C$26.00. They now have an “outperform” rating on the stock.
• 5/15/2026 – Northland Power had its price target lowered by Desjardins from C$24.00 to C$23.00. They now have a “hold” rating on the stock.
• 5/15/2026 – Northland Power had its price target raised by TD from C$24.00 to C$25.00. They now have a “hold” rating on the stock.
• 5/15/2026 – Northland Power had its price target raised by National Bank Financial from C$27.00 to C$28.00. They now have an “outperform” rating on the stock.
• 5/1/2026 – Northland Power had its price target raised by Desjardins from C$23.00 to C$24.00. They now have a “hold” rating on the stock.
• 4/24/2026 – Northland Power had its price target raised by Desjardins from C$21.00 to C$23.00. They now have a “hold” rating on the stock.
• 3/27/2026 – Northland Power had its price target raised by Canadian Imperial Bank of Commerce from C$24.00 to C$26.00. They now have an “outperform” rating on the stock.

Northland Power Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 15th were issued a $0.06 dividend. The ex-dividend date was Thursday, April 30th. This represents a c) annualized dividend and a yield of 3.1%. Northland Power’s payout ratio is -182.46%.

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. Northland’s growth opportunities are global and span North America, Europe, Latin America, and Asia.