Northland Power Inc

NPI-T

TSE:NPI

27.90
0.10 (0.36%)
Northland Power is an independent power producer founded in 1987, and publicly traded since 1997. Northland develops, builds, owns and operates facilities that produce 'clean' and 'green' energy, ...
More at Wikipedia

Analysis and Opinions about NPI-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 27, 2019
A good start to the year. They have brought on 3 wind projects and one in the North Sea. They have a 20 year agreement in Taiwan. He does not expect a dividend increase this year. They are trying to finance growth internally. His largest holding. Yield 4.86% (Analysts’ price target is $26.42)
Northland Power Inc (NPI-T)
February 27, 2019
A good start to the year. They have brought on 3 wind projects and one in the North Sea. They have a 20 year agreement in Taiwan. He does not expect a dividend increase this year. They are trying to finance growth internally. His largest holding. Yield 4.86% (Analysts’ price target is $26.42)
Ryan Bushell
President, Newhaven Asset Management
Price
$24.930
Owned
Yes
TOP PICK
TOP PICK
January 16, 2019
A renewal energy company with a $4 billion market cap. A dividend payout ratio of 58%. Forecast earnings growth of 40% is expected. They have created free cash flow of $325 million. A PE of 15.5, which drops to 10.5 in 2020 and higher earnings growth. Yield 5.3%. (Analysts’ price target is $25.73)
A renewal energy company with a $4 billion market cap. A dividend payout ratio of 58%. Forecast earnings growth of 40% is expected. They have created free cash flow of $325 million. A PE of 15.5, which drops to 10.5 in 2020 and higher earnings growth. Yield 5.3%. (Analysts’ price target is $25.73)
Robert McWhirter
President, Selective Asset Management
Price
$22.820
Owned
Yes
BUY
BUY
January 16, 2019
AQN vs. NPI He likes and owns them both. They offer steady cash flow. Likes their dividends which should continue for quite a while. The downside to these and other utilities is that pension funds own them. So if there's a downturn, these will come down in price from a sell-off.
AQN vs. NPI He likes and owns them both. They offer steady cash flow. Likes their dividends which should continue for quite a while. The downside to these and other utilities is that pension funds own them. So if there's a downturn, these will come down in price from a sell-off.
Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$22.820
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 15, 2019
(A Top Pick Jan 04/18, Up 3%) They had a good 2018. Pays a solid 5% dividend and has good development projects in Taiwan and Korea. They brought on their big projects in Europe on time and on budget. They're now producing, so there's good cash flow to increase dividends and reinvest in the company. The end game could be as a tuck-in business for a larger infrastructure provider.
(A Top Pick Jan 04/18, Up 3%) They had a good 2018. Pays a solid 5% dividend and has good development projects in Taiwan and Korea. They brought on their big projects in Europe on time and on budget. They're now producing, so there's good cash flow to increase dividends and reinvest in the company. The end game could be as a tuck-in business for a larger infrastructure provider.
Ryan Bushell
President, Newhaven Asset Management
Price
$22.580
Owned
Yes
BUY
BUY
January 7, 2019
He is looking at it. The dividend is a little low. But they have some wind farms coming online in the North Sea and this should move the needle. It is a good solid company to own at this stage.
He is looking at it. The dividend is a little low. But they have some wind farms coming online in the North Sea and this should move the needle. It is a good solid company to own at this stage.
Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$22.260
Owned
No
BUY
BUY
December 18, 2018
They've expanded a lot into offshore wind in Europe with two farms with another in Germany, plus one in Taiwan, plus a letter of understanding in Korea. They won't increase their dividend 5% a year, but will as projects come on.
Northland Power Inc (NPI-T)
December 18, 2018
They've expanded a lot into offshore wind in Europe with two farms with another in Germany, plus one in Taiwan, plus a letter of understanding in Korea. They won't increase their dividend 5% a year, but will as projects come on.
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$22.350
Owned
Yes
HOLD
HOLD
September 26, 2018

This is a significant holding for them. They just spoke with management yesterday and received some good information on their dividend policy. They have been slowing their dividend growth relative to the growth in free cash flow to ensure the company does not have to go into the equity market to dilute shareholder value – a smart move he believes. He thinks it is undervalued at this value.

Northland Power Inc (NPI-T)
September 26, 2018

This is a significant holding for them. They just spoke with management yesterday and received some good information on their dividend policy. They have been slowing their dividend growth relative to the growth in free cash flow to ensure the company does not have to go into the equity market to dilute shareholder value – a smart move he believes. He thinks it is undervalued at this value.

Ryan Bushell
President, Newhaven Asset Management
Price
$21.770
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 19, 2018

(A Top Pick June 27/17 Up 3%) Basically the return has been the dividend. He does not mind being paid to wait. They have had some good success in a couple of international ventures. It is trading at a cheaper valuation relative to its US peers. He continues to hold it. Yield 3%

Northland Power Inc (NPI-T)
September 19, 2018

(A Top Pick June 27/17 Up 3%) Basically the return has been the dividend. He does not mind being paid to wait. They have had some good success in a couple of international ventures. It is trading at a cheaper valuation relative to its US peers. He continues to hold it. Yield 3%

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$22.670
Owned
Yes
BUY
BUY
September 17, 2018

Likes it. There was concern they didn't have enough growth in the next few years, but NPI thenwent out and secured contracts in Taiwan. Buut that was too far, so then signed contracts in Germany. It pays a safe, decent yield. Conservative balance sheet. They've proved they can bring projects on time and under budget.

Northland Power Inc (NPI-T)
September 17, 2018

Likes it. There was concern they didn't have enough growth in the next few years, but NPI thenwent out and secured contracts in Taiwan. Buut that was too far, so then signed contracts in Germany. It pays a safe, decent yield. Conservative balance sheet. They've proved they can bring projects on time and under budget.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$22.620
Owned
Yes
BUY
BUY
September 4, 2018

Renewable energy is down these days. Before, investors wanted the yield (bonds were paying so little). But now there's more risk-on and a move towards growth stocks, not dividends. So, now is a buying opportunity in NPI and this sector. He would own this for the long term.

Northland Power Inc (NPI-T)
September 4, 2018

Renewable energy is down these days. Before, investors wanted the yield (bonds were paying so little). But now there's more risk-on and a move towards growth stocks, not dividends. So, now is a buying opportunity in NPI and this sector. He would own this for the long term.

Tim Nash
Founder, Good Investing
Price
$21.640
Owned
Unknown
WAIT
WAIT
August 28, 2018

Range-bound and is now closing in on its bottom. Your only play is within this range. To trade, wait till it falls closer to $20.

Range-bound and is now closing in on its bottom. Your only play is within this range. To trade, wait till it falls closer to $20.

Elliott Fishman
Director of U.S. and international equity trading, Trading Services Group, Scotia Wealth
Price
$22.160
Owned
Unknown
BUY
BUY
May 7, 2018

Their European operations are now producing cash flows which they'll reinvest in other projects. The CEO is a big shareholder, always a good sign. It pays a good dividend yield over 5%. Revenues come outside Canada, so it's well-diversified. A solid, good long-term hold. They report earnings tomorrow.

Their European operations are now producing cash flows which they'll reinvest in other projects. The CEO is a big shareholder, always a good sign. It pays a good dividend yield over 5%. Revenues come outside Canada, so it's well-diversified. A solid, good long-term hold. They report earnings tomorrow.

Ryan Bushell
President, Newhaven Asset Management
Price
$23.500
Owned
Yes
WEAK BUY
WEAK BUY
April 4, 2018

An unconventional utility working on clean and renewable energies. About 2/3 of their earnings come from wind and solar power. It is on trend and they own assets in Europe, where there is large decommissioning of dirty energy assets. A sophisticated developer, but has not been a consistent dividend growth story. He believes the dividend is safe. He is warm to the business although does not currently own it. Yield 5.5%.

An unconventional utility working on clean and renewable energies. About 2/3 of their earnings come from wind and solar power. It is on trend and they own assets in Europe, where there is large decommissioning of dirty energy assets. A sophisticated developer, but has not been a consistent dividend growth story. He believes the dividend is safe. He is warm to the business although does not currently own it. Yield 5.5%.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$23.040
Owned
No
DON'T BUY
DON'T BUY
March 19, 2018

This chart is stabilizing, but if credit markets continue to deteriorate he would be cautious. If it trades below $20 watch out. Don’t let it trade another 10% lower against your position.

This chart is stabilizing, but if credit markets continue to deteriorate he would be cautious. If it trades below $20 watch out. Don’t let it trade another 10% lower against your position.

William Chin
Portfolio manager, Caldwell Investment Management
Price
$22.600
Owned
Unknown
BUY
BUY
March 12, 2018

PKI-T vs. NPI-T. PKI-T has come up from a nice level. He was positive on the stock there and continues to be. It is a little rich now but has been a good dividend payer. NPI-T has not done as well recently. It could be interest rates. They are showing good growth and great cash flow. They have great wind farms coming on and it is just a case of whether it is Taiwan or further things in Europe. They need a partner to keep their cost of capital down.

PKI-T vs. NPI-T. PKI-T has come up from a nice level. He was positive on the stock there and continues to be. It is a little rich now but has been a good dividend payer. NPI-T has not done as well recently. It could be interest rates. They are showing good growth and great cash flow. They have great wind farms coming on and it is just a case of whether it is Taiwan or further things in Europe. They need a partner to keep their cost of capital down.

Ryan Bushell
President, Newhaven Asset Management
Price
$22.390
Owned
Yes
Showing 31 to 45 of 167 entries