National Bank Financial Research Analysts Lower Earnings Estimates for Capital Power Co. (TSE:CPX)

Capital Power Co. (TSE:CPX) – Equities research analysts at National Bank Financial cut their FY2025 EPS estimates for Capital Power in a report released on Wednesday, May 1st. National Bank Financial analyst P. Kenny now anticipates that the company will earn $2.51 per share for the year, down from their prior estimate of $2.64. The consensus estimate for Capital Power’s current full-year earnings is $3.21 per share.

Capital Power (TSE:CPX) last released its earnings results on Wednesday, February 28th. The company reported C$0.74 EPS for the quarter, topping the consensus estimate of C$0.72 by C$0.02. The business had revenue of C$984.00 million during the quarter. Capital Power had a return on equity of 26.11% and a net margin of 18.29%.

A number of other equities analysts have also recently issued reports on CPX. ATB Capital cut their price objective on shares of Capital Power from C$42.00 to C$41.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 17th. Raymond James reduced their price objective on Capital Power from C$46.00 to C$45.00 and set a “market perform” rating for the company in a research note on Thursday, April 25th. BMO Capital Markets lowered their target price on Capital Power from C$40.00 to C$38.00 and set a “market perform” rating on the stock in a research report on Thursday. TD Securities reduced their price target on shares of Capital Power from C$49.00 to C$47.00 in a research report on Thursday. Finally, CIBC lowered their price objective on shares of Capital Power from C$40.00 to C$39.00 and set a “neutral” rating on the stock in a report on Thursday. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Capital Power presently has a consensus rating of “Hold” and an average target price of C$44.45.

Capital Power Trading Up 0.6 %

TSE:CPX opened at C$36.05 on Friday. Capital Power has a 12 month low of C$33.90 and a 12 month high of C$46.73. The company has a current ratio of 1.29, a quick ratio of 0.55 and a debt-to-equity ratio of 153.08. The stock has a market capitalization of C$4.66 billion, a price-to-earnings ratio of 5.97, a PEG ratio of 0.91 and a beta of 0.57. The firm has a fifty day simple moving average of C$37.30 and a two-hundred day simple moving average of C$37.27.

Capital Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th will be issued a dividend of $0.615 per share. This represents a $2.46 dividend on an annualized basis and a yield of 6.82%. The ex-dividend date is Friday, June 28th. Capital Power’s dividend payout ratio is 40.73%.

Insider Transactions at Capital Power

In other Capital Power news, Senior Officer Jacquelyn Marie Pylypiuk sold 5,209 shares of the company’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of C$39.22, for a total value of C$204,296.98. Company insiders own 0.17% of the company’s stock.

About Capital Power

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.