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TSE:NPI

Northland Power Inc (NPI.TO)

22.85
-0.02 (0.09%)
as of Jun 18, 2026, 8:00:00 pm Market Open.
631 watching
0
Investor Insights
star iconJun 18, 2026, 12:00 am

This summary was created by AI, based on 25 opinions in the last 12 months.

Northland Power Inc. has faced challenges recently, including a significant dividend cut and project delays, particularly in Taiwan, which have adversely affected investor sentiment. The new CEO is perceived as addressing long-standing issues, and while the stock currently has positive momentum and completed projects that exceeded expectations, concerns remain regarding future execution and strategy. Analysts highlight the potential for recovery and increasing cash flows once current projects are operational and express cautious optimism due to a well-supported technical chart. The overall sentiment is mixed; while some see opportunities due to its undervalued status and long-term renewables growth potential, others advocate for caution considering the execution risks and recent performance trends.

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Consensus
Cautious
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Valuation
Undervalued
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Similar
BEP.UN
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%
BUY

It is one of his largest positions. He has been purchasing. He did not like the transaction. Maybe it brings them some diversification. You have to be worried about what they will pay but it is not big enough to hurt the one way or another. He continues to own.

WATCH

AQN-T vs. NPI-T. He likes the sector. It is not a pure utility play. AQN-T has a nice upward trend. They have come off a little bit. They diverged since July. He is looking at whether they will come off a little more. Sept and Oct tend to be the worst performing months.

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