Equities Analysts Issue Forecasts for Capital Power Co.’s FY2025 Earnings (TSE:CPX)

Capital Power Co. (TSE:CPX) – National Bank Financial lowered their FY2025 earnings per share estimates for Capital Power in a research report issued on Wednesday, May 1st. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $2.51 per share for the year, down from their previous estimate of $2.64. The consensus estimate for Capital Power’s current full-year earnings is $3.21 per share.

Capital Power (TSE:CPX) last posted its quarterly earnings data on Wednesday, February 28th. The company reported C$0.74 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.72 by C$0.02. The firm had revenue of C$984.00 million for the quarter. Capital Power had a return on equity of 26.11% and a net margin of 18.29%.

Several other analysts also recently commented on CPX. Scotiabank decreased their price objective on shares of Capital Power from C$45.00 to C$40.00 and set a “sector perform” rating on the stock in a research report on Thursday. National Bankshares decreased their price target on Capital Power from C$45.00 to C$43.00 and set an “outperform” rating on the stock in a report on Thursday. TD Securities lowered their price objective on Capital Power from C$49.00 to C$47.00 in a research report on Thursday. BMO Capital Markets cut their target price on Capital Power from C$40.00 to C$38.00 and set a “market perform” rating for the company in a research report on Thursday. Finally, Royal Bank of Canada lowered their price target on Capital Power from C$41.00 to C$39.00 and set a “sector perform” rating on the stock in a report on Thursday. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of C$44.45.

Capital Power Price Performance

Shares of TSE:CPX opened at C$36.05 on Friday. The company has a market capitalization of C$4.66 billion, a P/E ratio of 5.97, a P/E/G ratio of 0.91 and a beta of 0.57. Capital Power has a 1-year low of C$33.90 and a 1-year high of C$46.73. The firm’s 50 day simple moving average is C$37.30 and its two-hundred day simple moving average is C$37.27. The company has a debt-to-equity ratio of 153.08, a current ratio of 1.29 and a quick ratio of 0.55.

Capital Power Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th will be paid a $0.615 dividend. This represents a $2.46 dividend on an annualized basis and a yield of 6.82%. The ex-dividend date of this dividend is Friday, June 28th. Capital Power’s payout ratio is 40.73%.

Insider Transactions at Capital Power

In related news, Senior Officer Jacquelyn Marie Pylypiuk sold 5,209 shares of the company’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of C$39.22, for a total transaction of C$204,296.98. Insiders own 0.17% of the company’s stock.

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.