TSE:NPI

Northland Power Inc (NPI.TO)

21.72
+0.09 (0.42%)
as of Jul 28, 2026, 8:00:00 pm Market Open.
631 watching
0
Investor Insights
star iconJul 28, 2026, 12:00 am

This summary was created by AI, based on 26 opinions in the last 12 months.

Northland Power Inc (NPI-T) has received mixed reviews from various experts following a significant dividend cut that has caused unease among investors. Despite this setback, some analysts see potential in the company based on upcoming projects in Taiwan and Poland, which are projected to generate significant cash flow by 2027-2028. While the stock has shown some consolidation and a potential for technical breakouts, there are concerns regarding its execution and the impact of recent delays on overall sentiment. New management is viewed with cautious optimism, yet many investors remain skeptical about the stock's trajectory, preferring to see a more cohesive strategy and consistent execution before committing to long-term holdings. The general sentiment reflects a cautious outlook on the company's recovery and a strong emphasis on project completions and new leadership's capability to regain investor trust.

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Consensus
Cautious
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Valuation
Undervalued
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Similar
BEP.UN
BUY

AQN-T vs. NPI-T. He prefers NPI-T. These are both good exposure to renewable utilities. NPI has a longer tenure of growth and getting projects sanctioned. It is the premium play in the renewable sector.

BUY
Green energy stock? asd
BUY
Good company. Owns it in an income seeking mandate. Leader in renewable energy, mostly in Europe. Wind and solar can compete on an unsubsidized basis with fossil fuel. Legitimate growth play. Steadily growing dividend and capital appreciation. Yield is 4.45%. (Analysts’ price target is $30.00)
BUY

How Many Stocks does he Recommend Holding in the Utility Sector. Stocks in isolation miss the point. It depends on what utilities you are buying. He has almost a 20% weighting in utilities. He has FTS-T with huge diversification, yet has NPI-T which is a power producer around the world as well as domestic, although mostly off-shore wind. He owns 4 or 5 stocks.

HOLD
They had a great year last year and had a great inflow of capital last year. He thinks the performance is set to continue this year. They are looking to expand now into other areas. He would be looking to sell at the $24 level.
PAST TOP PICK
(A Top Pick Jan 16/19, Up 27%) Still keen on it and it’s one of the top 10 dividend stocks to buy in Canada. Thinks there is good opportunity still.
HOLD
In the alternative energy space and it has performed well against its peers.
BUY
Below the radar among utilities. Yields 5-6% and a great performer in the past few years. Best of breed among renewables.
TOP PICK
A Canadian green utility that's growing. They're expanding globally aggressively. There's huge offshore wind potential worldwide. NPI has wind farms in the north Atlantic and they just opened one in Taiwan and bought one in Colombia. Tremendous opportunity here. It pays over a 4.5% dividend yield. (Analysts’ price target is $29.25)
BUY ON WEAKNESS
He owns three others in the renewable space but nothing wrong with this one. It has been treading water because a large shareholder sold a large amount of stock. They are trying to stabilize the revenue mix. There are some power purchase agreements that will go down to zero over the next few years and so they are trying to back fill that in. They are going global and going into off-shore wind. They took some risks that paid off. They may not increase the dividend any time soon.
TOP PICK
The majority of assets are in Canada or Europe. They have clean-burning Natural gas generation, on-shore wind, solar, and off-shore wind in Europe. They are focused on renewable. He likes this name because they have a leg up on off-shore wind development globally. There is going to be tremendous growth in this sector but you need the expertise that this company has. (Analysts’ price target is $29.00)
BUY

They just made an acquisition in a utility in Colombia, but the founder also sold a lot of shares a while ago. The valuation is stretched like most utilities, but NPI will continue to perform. You're more likely to get hit with an earnings surprise with NPI as opposed to AQN or Emera, but NPI is overall good.

COMMENT
The dividend hasn't risen that much. They've made progress in their offshore wind project, as well as a project in Mexico. Their Q2 results were the same as results from a year ago. They need to keep growing to pay down debt and pay dividends.
STRONG BUY
Also owns AQN and likes both. He owns more of AQN. NPI will grow because they have the science to grow green energy and are improving with it. They have the financing, too. It's getting easier to finance "alternate energy" which is swiftly moving into the mainstream. Both are long-term holds.
HOLD
Cheaper than peers? It trades at a discount to its peers as there has been no new product development for them. This will change at year end into 2020. At some point it will catch up in value. There has been an overhang as to whether the largest shareholder would hold or sell their shares. That is done now. They have just bought into a regulated Colombian infrastructure play to get stability of revenues. Yield 4.7%
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