Analysts Issue Forecasts for Capital Power FY2027 Earnings

Capital Power Co. (TSE:CPX) – National Bank Financial issued their FY2027 earnings per share (EPS) estimates for shares of Capital Power in a research note issued on Monday, January 6th. National Bank Financial analyst P. Kenny anticipates 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.

Several other equities research analysts have also issued reports on CPX. Royal Bank of Canada decreased their target price on Capital Power from C$54.00 to C$53.00 and set a “sector perform” rating for the company in a research report on Thursday, October 31st. National Bankshares lifted their price objective on shares of Capital Power from C$56.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 18th. BMO Capital Markets increased their target price on shares of 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. Atb Cap Markets cut shares of Capital Power from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Finally, TD Securities increased their price objective on Capital Power from C$61.00 to C$70.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$62.78.

Capital Power Stock Performance

Shares of CPX opened at C$60.80 on Thursday. The stock has a 50 day moving average of C$61.16 and a 200 day moving average of C$50.53. The company has a market capitalization of C$7.90 billion, a price-to-earnings ratio of 12.04, a PEG ratio of 0.91 and a beta of 0.64. 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.

Capital Power Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a dividend of $0.652 per share. This represents a $2.61 annualized dividend and a yield of 4.29%. The ex-dividend date is Tuesday, December 31st. 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.