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Investor Insights

This summary was created by AI, based on 20 opinions in the last 12 months.

Experts have mixed opinions on Northland Power Inc. Some see it as a decent value with strong potential for growth, while others are concerned about the impact of higher interest rates and potential geopolitical tensions. The company has faced challenges with ambitious projects and leadership changes, but is also seen as a major player in clean energy with a good dividend yield. Overall, the stock is viewed as having potential but with certain levels of risk.

Consensus
Mixed
Valuation
Fair Value
COMMENT
Northland Power Inc
Hold for 20 years?

This has been very good at executing their power operations (hydro, renewable), and pays a good 6.4% dividend. Decent growth is baked in. But he's not sure about their leverage, even though interest rates have declined.

Utilities
BUY
Northland Power Inc

Higher interest rates have put pressure on energy creators, but he's been accumulating this when the price has been weak. Price target is in the upper-$20s. This is pretty good value.

Utilities
DON'T BUY
Northland Power Inc

Q3 was a bit below on generation and pricing headwinds. More importantly, offshore continues to track on time and on budget. Mirrored 2024 guidance. De-risked a lot of their buildout. Part of the solution for the power problem in Europe.

Nice dividend, but it's still pretty pricey as a power company. Probably getting hit by tax-loss selling. Instead, he'd put new $$ into BEP.UN.

Utilities
BUY
Northland Power Inc

Higher interest rates were really punitive for most companies in clean energy. Injuries in Taiwan and cable issues, but these are not reasons to sell. Decent value here. Projects will be accretive to revenue and earnings. Fears of Trump not being friendly to clean energy, but that's just one segment of the administration's total purview.

Its poor performance may make it a favourite target for tax-loss selling, which may actually provide a buying opportunity.

Utilities
DON'T BUY
Northland Power Inc

Ambitious projects sucked up a lot of capital. Projects now being completed on time and on budget. Divested assets to strengthen balance sheet. What are they going to do for growth going forward? Executive shuffles. Will be challenged for a while. He owns BLX.

Utilities
BUY
Northland Power Inc
Yield ~6%, new CEO.

Uncertainty of China next door is probably the most important issue, potential hotspot. He's been adding recently. Likes the dividend yield. Valuations in the sector have come down a long way, won't get US government support. Has a lot of international growth assets. Really good operators. 

Utilities
TOP PICK
Northland Power Inc

Chart's shown weakness. Cost overruns on 2 projects. Sub-contracts out work, worker fatality in Taiwan. Without a full-time CEO and CFO. Lots of uncertainty around it, so lots of investors are putting it in the "too hard" pile. As projects come online, earnings growth and dividend will be secure. Great entry point for a great company. Great yield of 5.9%.

(Analysts’ price target is $29.36)
Utilities
TOP PICK
Northland Power Inc

Had owned this a long time. He still likes their assets, offshore in Europe and Taiwan, but the market dislikes the latter. Is an attractive take-out candidate. They can divest assets in Europe or Colombia. Bad managers before, but now good, but their assets matter more and they are good. Collect the over 5% dividend and see what happens.

(Analysts’ price target is $29.79)
Utilities
BUY ON WEAKNESS
Northland Power Inc

Loves renewable energy, the future is going green. Didn't like it a few years ago when it was trading above $40 -- too risky, multiple too high. Loves it down here, great dividend, lots of value now. He's buying on weakness.

Who's going to win the election? Green movement is out of favour now. But that's where value comes in for a value-tilt investor like himself.

Utilities
BUY
Northland Power Inc

Rattled by high interest and high inflation. Concerns over stability of Taiwanese Strait. Recent pullback is a chance to add. Fundamentals are sound in terms of windfarm buildout, doing an incredibly good job. Not breaking through recent lows. Have to be comfortable with certain levels of risk that aren't in other names in that space.

Performance has diverged from others due to where it's developing. For example, workers being injured in Taiwan puts investors off. Have to look through that, bit of a leap of faith.

Utilities
DON'T BUY
Northland Power Inc

A sexy renewable over the last decade. Big into offshore wind with delays, turbine issues, and higher interest rates. Reported a loss. Trades at 20x future earnings for a utility. He prefers CPX, with its 6% yield that grows consistently.

Utilities
HOLD
Northland Power Inc

All utilities had a big selloff when rates were rising in 2022 and 2023. Then, as interest rates went nowhere, so did the stocks, just collecting the dividend. BOC has cut twice, Fed is probably going to start. Utilities have come up off lows, but haven't started to move up yet.

Utilities
WATCH
Northland Power Inc

Sector got overvalued, plus interest rates didn't help. Supply shocks caused costs to rise significantly. Leader in offshore wind. Financial commitments seem to be in place. CEO and CFO are out, not sure what's going on. Cash was tight for a while, sold assets to help and to maintain dividend.

Three big projects will significantly increase results, once complete. Probably in holding pattern for a couple of years.

Utilities
TOP PICK
Northland Power Inc

There was a big announcement that Brookfield renewables had a deal with Microsoft to provide a large amount of power and Northland Power, unlike others in the sector, did not see a big rebound. It has some construction risks with three projects under development. However they are all on time and on budget. As they get built the stock should go up.

Utilities
DON'T BUY
Northland Power Inc

A number of power companies have been hammered. Better opportunities in telcos and banks, which have also been hit. Those sectors have more stable growth prospects and better secular earnings growth, less dependent on things outside their control.

Utilities
Showing 1 to 15 of 274 entries

Northland Power Inc(NPI-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 15

Stockchase rating for Northland Power Inc 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.

Northland Power Inc(NPI-T) Frequently Asked Questions

What is Northland Power Inc stock symbol?

Northland Power Inc is a Canadian stock, trading under the symbol NPI-T on the Toronto Stock Exchange (NPI-CT). It is usually referred to as TSX:NPI or NPI-T

Is Northland Power Inc a buy or a sell?

In the last year, 15 stock analysts published opinions about NPI-T. 8 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Northland Power Inc.

Is Northland Power Inc a good investment or a top pick?

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

Why is Northland Power Inc 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 Northland Power Inc worth watching?

15 stock analysts on Stockchase covered Northland Power Inc In the last year. It is a trending stock that is worth watching.

What is Northland Power Inc stock price?

On 2025-01-10, Northland Power Inc (NPI-T) stock closed at a price of $18.27.