Analysts Set Expectations for Capital Power FY2028 Earnings

Capital Power Co. (TSE:CPX) – Equities researchers at National Bank Financial issued their FY2028 earnings estimates for Capital Power in a note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny anticipates that the company will earn $3.81 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 several other research reports. Royal Bank of Canada decreased their price objective on shares of Capital Power from C$54.00 to C$53.00 and set a “sector perform” rating for the company in a research note on Thursday, October 31st. Atb Cap Markets lowered Capital Power from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 30th. ATB Capital upped their price objective on Capital Power from C$57.00 to C$63.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 18th. TD Securities lifted their target price on Capital Power from C$61.00 to C$70.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Finally, National Bankshares upped their price target on shares of Capital Power from C$56.00 to C$65.00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of C$62.78.

Capital Power Price Performance

CPX stock opened at C$60.97 on Wednesday. The stock has a market cap of C$7.92 billion, a PE ratio of 12.07, a P/E/G 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 50-day moving average price of C$60.84 and a 200 day moving average price of C$50.25. 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a dividend of $0.652 per share. This represents a $2.61 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date of this dividend is Tuesday, December 31st. Capital Power’s dividend payout ratio (DPR) is currently 51.68%.

Capital Power Company Profile

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.