Brokers Offer Predictions for Capital Power FY2027 Earnings

Capital Power Co. (TSE:CPX) – Equities researchers at National Bank Financial issued their FY2027 earnings per share estimates for Capital Power in a research report issued to clients and investors on Monday, January 6th. National Bank Financial analyst P. Kenny forecasts that the company will earn $3.73 per share for the year. The consensus estimate for Capital Power’s current full-year earnings is $2.82 per share.

CPX has been the subject of a number of other reports. Desjardins lifted their price target on shares of Capital Power from C$60.00 to C$64.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. BMO Capital Markets boosted their target price on Capital Power from C$56.00 to C$68.00 and gave the company a “market perform” rating in a research report on Wednesday, December 18th. CIBC increased their price target on Capital Power from C$54.00 to C$68.00 and gave the stock a “neutral” rating in a report on Monday, December 30th. National Bankshares boosted their price objective on Capital Power from C$56.00 to C$65.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Finally, Scotiabank increased their target price on Capital Power from C$66.00 to C$69.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Capital Power presently has an average rating of “Hold” and an average price target of C$62.78.

Capital Power Trading Down 1.7 %

CPX opened at C$60.97 on Thursday. Capital Power has a 12 month low of C$33.90 and a 12 month high of C$68.73. The company has a current ratio of 0.88, a quick ratio of 0.55 and a debt-to-equity ratio of 133.46. The stock has a 50-day moving average of C$60.84 and a 200 day moving average of C$50.25. The firm has a market cap of C$7.92 billion, a P/E ratio of 12.07, a P/E/G ratio of 0.91 and a beta of 0.64.

Capital Power Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.652 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.61 dividend on an annualized basis and a yield of 4.28%. Capital Power’s payout ratio is 51.68%.

About Capital Power

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.