TSE:NPI

Northland Power Inc (NPI.TO)

21.92
+0.21 (0.97%)
as of Jul 8, 2026, 8:00:00 pm Market Open.
631 watching
0
Investor Insights
star iconJul 8, 2026, 12:00 am

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

Northland Power Inc (NPI) has faced notable challenges recently, particularly with a significant dividend cut that disappointed many investors. However, analysts are recognizing that the completion of major projects in Taiwan and Poland could lead to improved cash flow by 2027-28. Some experts highlight the supportive technical chart patterns and an overall positive sentiment toward the renewable energy sector, suggesting that NPI could benefit from its recent project developments. Nevertheless, there are differing opinions about the effectiveness of the new management and concerns regarding the company's previous leadership issues and asset risks. As the company strives for a cohesive strategy moving forward, many agree on the importance of monitoring its execution in the coming quarters.

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Consensus
Cautious
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Valuation
Undervalued
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It's a Monthly Gems opinion which is available only for Stockchase Premium

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
Trudeau's announcement of a green fund will lift renewable power stocks like this one, at least indirectly. Stockchase staffers like renewables and we've recommended this one before. They pay safe, juicy dividends (2.98% for NPI and projected to rise), with revenues fuelled by locked-in, long-term contracts. NPI has beaten in its last fourth reports. Also, more investors are pouring money into ESG stocks in a trend that will continue to accelerate. Northland makes primarily wind power as well as solar and hydro in Europe, Asia and North America, so it's geographically diversified. Also, on sell-off days as we've recently seen, this green utility stocks surge. The only caveat is that NPI has run up so much this year, hitting all-time highs as you read this. You may have to be nimble, but entering on weakness is a good idea, or buying a tranche now and adding later if it declines. (An alternative pick is Northland's peer, Algonquin Power.) Note: Stockchase staff own Northland Power.
BUY

He's overexposed in Boralex, Innergex and AQN, so he doesn't own this one, but he would buy this. A good company. NPI has more overseas and offshore wind operations than its peers. Offshore wind energy is riskier given saltwater erosion. NPI's dividend should rise over time. Money is moving into renewable energy as a whole. All are expensive now, but as institutional money continues to flow in, this will become even more expensive. A great sector.

BUY

A safe dividend payer. ENB also. Likes its stable contracts and cash flows, and is a leader in renewable projects in Asia, Europe and North America so it's geographically diverse. Good. Also pays a healthy dividend around 3-4%. In the past year, renewable stocks have been a bullseye for investors as ESG gathers strength.

WATCH
He would consider it infrastructure. They have solar and wind facilities. It saw a great move, and it is on their watchlist. You must know the regulatory issues and understand the pieces. There may be too much money going into the space too fast.
HOLD
In the grand scheme of things, a good yield with a decent strategy. Keep holding, though he prefers growthier names with corresponding dividend growth. Appealing because it's more renewable than the rest. Bit more quarter to quarter earnings risk, but no so that the dividend is in danger.
PAST TOP PICK
(A Top Pick Jun 26/19, Up 53%) In the sweet spot. Friendly energy sources. Scores high on valuation, price momentum, high ROE. Balance sheet relatively levered like all its peers. If we start to see a more meaningful rotation, may come under pressure. Payout ratio of 70%, with a yield of 3.2%.
BUY
They have been executing quite well. It has had a few bumps but been steady otherwise. It is high quality and can continue to grow through some of their projects.
TOP PICK
Pays a 3.5% yield at a modest payout. Boasts 26% YOY sales growth and 44% earnings. 6.4% free cash flow yield. Earnings to grow 6% in 2020 and 4% in 2021. A large 31% ROE for 2021 is expected. (Analysts’ price target is $33.58)
PAST TOP PICK
(A Top Pick Jul 26/19, Up 33%) It benefited from a couple of themes. Green power has been a large driver that isn’t going way any time soon. It survived the March carnage well and is back to all time highs. It is in the top 2% on valuation. Decent price to earnings; 4% yield with a reasonable payout ratio.
BUY
It is a great buy right now. The yield is just over 4% and it is essentially a wind power company. They have expertise for offshore wind farms and signed contracts with Taiwan recently. They consistently come in on time and under budget on their projects. He thinks this is a great company to own.
PAST TOP PICK
(A Top Pick Feb 27/19, Up 35%) This was better than his expectations. A year ago the Founder was selling off a sizable stake in the company and the share price recovered quickly thereafter. They have a strong presence in the ESG space. A renewable power position. He would have a hard time buying more at this level.
BUY

Nice long-term breakout. A great base. It has moved into an uptrend, but it went parabolic where it was over bought. However, it has corrected and is at a very attractive price now.

PAST TOP PICK
(A Top Pick Oct 24/19, Up 19%) This is a renewable power company. Since October they had a good Q3 print. They reaffirmed guidance. They are buying back shares.
HOLD
His intrinsic value is about $34 with a 14% upside and that would take you to a technical resistance point. Renewable is one of the 'the things' and of course the stocks are doing very well. Be careful about buying into something 'hot' that has already had a good move. It could be ahead of what it can actually do in terms of earnings.
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.

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