Related posts
Rally pausesLate rally ends choppy dayThis week’s new 52-week highs and lows … (Jan 30-Feb 5)This summary was created by AI, based on 17 opinions in the last 12 months.
The experts have mixed opinions on Capital Power. Some are positive about the strong earnings, steady business, and potential for upside growth, while others express concerns about high payout ratio, flat EPS growth, and the impact of interest rates. The company is making efforts towards net-zero emissions and has a good dividend yield. Overall, the reviews indicate a stable and solid company with both yield and growth prospects.
The 5th-largest independent power producer in North America, deriving 50/50 of EBITDA from Canada and the US. They play into the theme of energy transition that will last decades. Growth is good, by buying American companies. They have 3 natural gas facilities from Alberta; NG will be the main energy that will transition us from traditional energy to renewables. Also, power centres connected to AI have been approaching CPX as a potential partner. Lower interest rates help.
(Analysts’ price target is $42.18)Bit volatile, but sees upside. Very attractive value score of 9/10. Expects stock to rally as interests rates ease. Beat latest EPS. Up YTD 13%. Growth opportunities within the business model. Great dividend yield of almost 6%.
Fits into defensive thesis. Current valuation very low - great time to buy. Demand for stable electricity very high. Reliable dividend rate (~6%) is good for yield investors. New A.I. data centers will ensure demand for product. Good for long term investors. Strong management team. Business will be benefited with falling interest rates.
Doesn't own stock. Would prefer company with better diversification in assets. However, strong business with good assets. Could be a good portion of business.
Unloaded it, as growth rate is negative. Power prices have come down, costs have gone up. Going to get paid your dividend, with 6% growth. Not bad PE at 13.1x. Trying to get into data centres. He prefers ALA or GEI. EMA is a comparable utility with better growth and price to growth.
Likes recent US acquisitions. Excited about the power business because of AI. A lot more power will be demanded on the grid. Undervalued, time to buy. Yield is 6.5%, with plans to increase 5-6% over next couple of years.
Lot more upside left.
It's the interest-rate sensitivity of it all. Utility names have all gone down aggressively, even his go-to names of BIP.UN and FTS. He prefers the growth profile of those 2, but nothing wrong with CPX. All are very undervalued, but strong dividend yields, so attractive for people looking for income.
It's a 315-basis point reset preferred, meaning a 315 point spread over whatever the Bank of Canada 5-year yield is then. Is a long-duration reset, resetting every 5 years. Pays a nice yield and like this company, but is a utility, a sector currently out of favour until interest rates decline. Good for the dividend, but a shorter reset period would be better.
Owns shares in company. Not adding to position, but comfortable holding. 5th largest power company in North America. Recent earnings strong. Alberta base with Ontario assets. Moving coal assets to natural gas power. Yield ~5% is very stable. Balance sheet is solid with a good proxy to bonds. Good combination of yield and growth prospects.
Two different companies. CPX is a utility, with better income distribution and lower growth. CNQ has a nice dividend, but with better growth. What are you looking for? For income, pick CPX. For growth, pick CNQ.
At current levels, he'd stick with CPX for the dividend and potential upside. More potential for upside growth, less potential for downside risk.
Likes it. Nice base around $35.80. Trading in a tight range, breaking above. Looking at the little price movements and comparing it to volume, looks very strong. Might run into problems at $40. Pretty steady business. History of drops, but not huge drops or gains on any one day. Buy it for the dividend, not the upside. Get out if it hits $36. Yield is 6.4%.
Capital Power is a Canadian stock, trading under the symbol CPX-T on the Toronto Stock Exchange (CPX-CT). It is usually referred to as TSX:CPX or CPX-T
In the last year, 20 stock analysts published opinions about CPX-T. 12 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Capital Power.
Capital Power was recommended as a Top Pick by on . Read the latest stock experts ratings for Capital Power.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
20 stock analysts on Stockchase covered Capital Power In the last year. It is a trending stock that is worth watching.
On 2024-07-26, Capital Power (CPX-T) stock closed at a price of $41.31.
Pays you a very competitive income stream, yielding about 5%. Canadian dividend tax credit. Servicing energy industry, so it fits into the long-term themes. Expects some growth in dividends. The kind of play you want to make as part of the nat gas transition and less-green-for-longer transition.