Northland Power Stock Today
NPI Stock | CAD 19.86 0.14 0.70% |
Performance0 of 100
| Odds Of DistressLess than 41
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Northland Power is selling at 19.86 as of the 21st of November 2024; that is 0.7% down since the beginning of the trading day. The stock's open price was 20.0. Northland Power has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Northland Power are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Utilities |
Northland Power Inc., an independent power producer, develops, builds, owns, and operates clean and green power projects primarily in Canada and Europe. The company was founded in 1987 and is headquartered in Toronto, Canada. NORTHLAND POWER operates under UtilitiesRenewable classification in Canada and is traded on Toronto Stock Exchange.. The company has 258.95 M outstanding shares of which 2.46 M shares are now shorted by private and institutional investors with about 2.7 days to cover all short positions. More on Northland Power
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Northland Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Northland Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northland Power or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
NonIndependent Chairman | John Eng | ||||
Business Concentration | Independent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors) | ||||
Northland Power's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Northland Power's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsNorthland Power can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Northland Power's financial leverage. It provides some insight into what part of Northland Power's total assets is financed by creditors.
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Northland Power (NPI) is traded on Toronto Exchange in Canada and employs 32 people. Northland Power is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northland Power's market, we take the total number of its shares issued and multiply it by Northland Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Northland Power operates under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 258.95 M outstanding shares of which 2.46 M shares are now shorted by private and institutional investors with about 2.7 days to cover all short positions.
Northland Power has accumulated about 1.3 B in cash with 785.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.03.
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Ownership AllocationNorthland Power maintains a total of 258.95 Million outstanding shares. 30% of Northland Power outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Northland Power Risk Profiles
Although Northland Power's alpha and beta are two of the key measurements used to evaluate Northland Power's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.25 | |||
Standard Deviation | 1.73 | |||
Variance | 3.01 | |||
Risk Adjusted Performance | (0.05) |
Northland Stock Against Markets
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Northland Power Corporate Directors
Barry Gilmour | Independent Director | Profile | |
Keith Halbert | Independent Director | Profile | |
Linda Bertoldi | Secretary, Director, Member of Governance and Nominating Committee, Member of GemSee Special Committee and Secretary of NPIF Commercial Trust | Profile | |
Russell Goodman | Lead Independent Director | Profile |
Other Information on Investing in Northland Stock
Northland Power financial ratios help investors to determine whether Northland Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northland with respect to the benefits of owning Northland Power security.