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Investor Insights

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.

Consensus
Mixed
Valuation
Fair Value
HOLD
Capital Power

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. 

electrical utilities
HOLD
Capital Power
Sell CPX to buy CNQ?

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.

electrical utilities
BUY
Capital Power

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%.

electrical utilities
DON'T BUY
Capital Power
Why down so much?

Capital is definitely flowing to the other areas that are still working. Interest rates have hurt. Alberta power prices have not been constructive lately, a headwind. Payout ratio is 109% of 2025, so dividend's not as safe. No growth on forecast horizon, trading at 14.5x. 

Names like ALA and PPL are way better.

electrical utilities
TOP PICK
Capital Power

Excellent business franchise in Western Canada. Excellent management team with very good dividend. ~7% increase in dividend last year. Very big acquisition with Black Rock last year turning out very well. Now have 30 locations across North America. Very little maintenance expenditure for facilities turns into free cash flow. Debt levels low in comparison to sector peers. 

electrical utilities
WEAK BUY
Capital Power

Tough year, along with other green-opportunity power producers. Some of that was unwarranted. Looking at it, but already owns so much in the space, like AQN. No problem with it at current levels. Yield is 6.6%. See his Top Picks.

electrical utilities
BUY
Capital Power

One of key holdings. Very strong company. Recently increased dividend. Decline in stock price due to higher interest rates. If rates fall, expecting stock to appreciate. Will continue to grow through M&A. Also has strong green energy segment within company. 

electrical utilities
WEAK BUY
Capital Power

14.5x PE, versus Hydro One at 17-18x. Great dividend, but payout ratio is high at 109%. Need to consider anticipated EPS growth rate, and this one's flat. Favourable acquisition. Decent. But ALA is the clear winner on PE and price to growth.

electrical utilities
TOP PICK
Capital Power

Excellent business model. Currently in the middle of positive M&A. 6.6% dividend yield very safe. As rates fall, will see company share price rice. Sees excellent growth going forward. Has been buying shares recently, and will continue to hold. 

electrical utilities
BUY
Capital Power

Recent acquisition of gas plants in USA. Recent deal accretive. Believes room for further growth. Recent sell off creating buying opportunity. P/E ratio around 13 a good time to buy. Expecting a share price around $40. Would recommend buying. 

electrical utilities
HOLD
Capital Power

It has been a victim of merciless interest rates. Have many operations in Alberta and doing well. Today, two companies including Blackrock, have announced a deal to buy two US gas-powered plants. He still likes it.

electrical utilities
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Capital Power
Stockchase Research Editor: Michael O'Reilly

CPX operates a diversified portfolio of electricity generating assets including renewables.  It has a goal to be net-zero emission by 2045.  It increased dividends by 6%, trades at 12x earnings and 1.4x book while supporting a 18% ROE.  It pays a good divdend, backed by a payout ratio under 55% of cash flow.  We recommend placing a stop-loss at $33, looking to achieve $48 -- upside potential of 24%.  Yield 6.0% 

(Analysts’ price target is $48.27)
electrical utilities
HOLD
Capital Power
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We consider it an OK stock: not the best, but certainly priced well to reflect this, at barely 7X earnings. EPS is expected to fall nearly 30% next year which tempers our enthusiasm. Lower rates (if and when) should help the stock and the overall sector. 
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electrical utilities
COMMENT
Capital Power

The market now likes growth as opposed to dividend stocks but dividend stocks are still good for the longer term.

electrical utilities
HOLD
Capital Power

In renewables, but more on the utilities side. So while he's offloaded some renewables, he's held onto this one. Has renewable assets through the States. Recent cost overrun of about 23%, but they can still absorb the cost with what's happening with power prices in Alberta.

electrical utilities
Showing 1 to 15 of 94 entries

Capital Power(CPX-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

Stockchase rating for Capital Power is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Capital Power(CPX-T) Frequently Asked Questions

What is Capital Power stock symbol?

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

Is Capital Power a buy or a sell?

In the last year, 13 stock analysts published opinions about CPX-T. 7 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Capital Power.

Is Capital Power a good investment or a top pick?

Capital Power was recommended as a Top Pick by on . Read the latest stock experts ratings for Capital Power.

Why is Capital Power stock dropping?

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.

Is Capital Power worth watching?

13 stock analysts on Stockchase covered Capital Power In the last year. It is a trending stock that is worth watching.

What is Capital Power stock price?

On 2024-04-15, Capital Power (CPX-T) stock closed at a price of $36.24.