View ValuationNorthland Power 将来の成長Future 基準チェック /36Northland Power利益と収益がそれぞれ年間39.6%と0.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に12.4% 41.3%なると予測されています。主要情報39.6%収益成長率41.32%EPS成長率Renewable Energy 収益成長6.8%収益成長率0.1%将来の株主資本利益率12.35%アナリストカバレッジGood最終更新日20 May 2026今後の成長に関する最新情報お知らせ • May 12Northland Power Inc. Reaffirms Earnings Guidance for the Year 2023Northland Power Inc. reaffirmed earnings guidance for the year 2023. As of May 9, 2023, management's 2023 financial outlook remains unchanged from prior guidance.すべての更新を表示Recent updatesDeclared Dividend • May 23Dividend of CA$0.06 announcedShareholders will receive a dividend of CA$0.06. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (14% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • May 21Northland Power Inc. announces Monthly dividend, payable on June 15, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on June 15, 2026, ex-date on May 29, 2026 and record date on May 29, 2026.Board Change • May 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bahir Manios was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 15Northland Power Inc. to Report Q1, 2026 Results on May 13, 2026Northland Power Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026お知らせ • Mar 27Northland Power Inc. Announces Appointment of Bahir Manios to Its Board of Directors, Effective March 25, 2026Northland Power Inc. announced the appointment of Bahir Manios to its Board of Directors, effective March 25, 2026, expanding the Board from ten to eleven members. With more than 20 years of senior leadership experience in asset management, Mr. Manios brings extensive North American capital markets experience to Northland’s Board. Mr. Manios is the co-founder of Genesis Financial Asset Management, an asset management platform that invests in the Healthcare, Infrastructure and Financial Services sectors. Previously, Mr. Manios held multiple senior executive positions at Brookfield Asset Management, holding the role of Chief Financial Officer before retiring in June 2024. During his tenure, he also played a leading role in building Brookfield’s infrastructure business since its inception. Mr. Manios holds a bachelor’s degree from Wilfrid Laurier University and is a member of the Canadian Institute of Chartered Accountants.お知らせ • Mar 16Northland Power Inc., Annual General Meeting, May 20, 2026Northland Power Inc., Annual General Meeting, May 20, 2026. Location: ontario, toronto Canadaお知らせ • Mar 11Northland Power Inc. announces Monthly dividend, payable on April 15, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on April 15, 2026, ex-date on March 31, 2026 and record date on March 31, 2026.お知らせ • Feb 20Northland Power Inc. announces Monthly dividend, payable on March 16, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on March 16, 2026, ex-date on February 27, 2026 and record date on February 27, 2026.お知らせ • Jan 27Northland Power Inc. to Report Q4, 2025 Results on Feb 25, 2026Northland Power Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026お知らせ • Jan 16Northland Power Inc. announces Monthly dividend, payable on February 17, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on February 17, 2026, ex-date on January 30, 2026 and record date on January 30, 2026.お知らせ • Dec 05Northland Power Inc. announces Monthly dividend, payable on January 15, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on January 15, 2026, ex-date on December 31, 2025 and record date on December 31, 2025.お知らせ • Nov 22Northland Power Inc. (TSX:NPI) acquired Two battery energy storage system projects in Poland from Greenvolt Power Group Sp. z o.o.Northland Power Inc. (TSX:NPI) acquired Two battery energy storage system projects in Poland from Greenvolt Power Group Sp. z o.o. on November 20, 2025. DC Advisory acted as financial advisor for Greenvolt Power Group Sp. z o.o. Green Giraffe Advisory B.v. acted as financial advisor for Greenvolt Power Group Sp. z o.o. Northland Power Inc. (TSX:NPI) completed the acquisition of Two battery energy storage system projects in Poland from Greenvolt Power Group Sp. z o.o. on November 20, 2025.お知らせ • Nov 21Northland Appoints Pierre-Emmanuel Frot as Head the Newly Established Project Development and Delivery FunctionNorthland is transitioning from three technology-based business units to two regional hubs, the Americas and International, working with a global project delivery team. This structure will eliminate duplication, focus operational teams on delivering value, and ensure capital is deployed to the most value accretive opportunities. Toby Edmonds, formerly EVP of Offshore Wind, will lead the International hub, Calvin MacCormack, formerly EVP of Natural Gas will oversee the Americas hub, and Pierre-Emmanuel Frot, formerly EVP Project Management Office, will head the newly established Project Development and Delivery function.お知らせ • Nov 14Northland Power Inc. announces Monthly dividend, payable on December 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on December 15, 2025, ex-date on November 28, 2025 and record date on November 28, 2025.お知らせ • Oct 17Northland Power Inc. announces Monthly dividend, payable on November 17, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on November 17, 2025, ex-date on October 31, 2025 and record date on October 31, 2025.お知らせ • Oct 10Northland Power Inc. to Report Q3, 2025 Results on Nov 12, 2025Northland Power Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025お知らせ • Sep 11Northland Power Inc. announces Monthly dividend, payable on October 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on October 15, 2025, ex-date on September 29, 2025 and record date on September 29, 2025.お知らせ • Sep 06Northland Power Inc. Announces Board ChangesNorthland Power Inc. announced changes to the Company’s Board of Directors (“Board”) following the retirement of John Brace, and the appointment of Sébastien Clerc, effective September 5, 2025. Mr. Brace formally stepped down as Chair of the Board at Northland’s most recent Annual General Meeting. Since then, he has continued to serve as a Director to support a smooth leadership transition to incoming Chair, Ian Pearce. Mr. Clerc joins the Board with over 25 years of global leadership experience in the energy and infrastructure sectors. From 2011 to 2024, he served as Chief Executive Officer of Voltalia, a Euronext-listed independent power producer specializing in wind, solar, and battery storage projects. Under his leadership, Voltalia completed its initial public offering and grew revenues from €11 million to over €550 million. Prior to Voltalia, Mr. Clerc was the founder and CEO of Natixis Environment & Infrastructure (now Mirova), where he played a pioneering role in sustainable infrastructure investment. Mr. Clerc holds a Graduate Degree in Economics and a Master’s in History from Université de Paris X, as well as a Master’s in Finance from Sciences Po Paris.お知らせ • Aug 14Northland Power Inc. announces Monthly dividend, payable on September 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on September 15, 2025, ex-date on August 29, 2025 and record date on August 29, 2025.お知らせ • Jul 17Northland Power Inc. to Report Q2, 2025 Results on Aug 13, 2025Northland Power Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025お知らせ • Jul 13Northland Power Inc. announces Monthly dividend, payable on August 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on August 15, 2025, ex-date on July 31, 2025 and record date on July 31, 2025.お知らせ • Jun 12Northland Power Inc. Achieves First Power on Hai Long Offshore Wind ProjectNorthland Power Inc. announced first power from its Hai Long Offshore Wind Project in Taiwan, marking successful energization of the project and connection to Taipower’s grid. This achievement comes ahead of the second half of 2025, underscoring the project's strong construction momentum. The milestone also includes the commissioning of both onshore and offshore substations, further demonstrating the project's progress toward full commercial operations, anticipated in 2027. Since the commencement of construction, Hai Long has made substantial progress, including the production of jacket foundations and pin piles, installation of the Hai Long 2 and 3 offshore substations, installation of all 219 pin piles, assembly of Taiwan’s first locally manufactured 14 MW wind turbine nacelle and the installation of 14 out of 73 turbines. With a planned capacity of 1 GW, Hai Long will play a vital role in supporting Taiwan’s renewable energy target of 15 GW of offshore wind between 2026 and 2035. Once operational, Hai Long will be among the largest offshore wind farms in the Asia-Pacific region, providing clean electricity to over one million Taiwanese homes.お知らせ • Jun 05Northland Power Inc. announces Monthly dividend, payable on July 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on July 15, 2025, ex-date on June 30, 2025 and record date on June 30, 2025.お知らせ • May 13Northland Power Inc. announces Monthly dividend, payable on June 16, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on June 16, 2025, ex-date on May 30, 2025 and record date on May 30, 2025.お知らせ • Apr 21+ 1 more updateNorthland Power Inc. Announces Chief Financial Officer ChangesNorthland Power Inc. announced the appointment of Jeff Hart as the Company's new Chief Financial Officer (CFO), effective May 1, 2025. Mr. Hart brings a wealth of experience in financial leadership and capital markets, having served in senior executive roles - including CFO - at two large publicly-traded Canadian energy companies, Husky Energy and Cenovus Energy. His extensive experience in capital markets, treasury and tax management, capital allocation, debt capital markets, balance sheet management, and mergers and acquisitions will be instrumental as Northland continues to drive its financial growth and strategic objectives. In addition to Mr. Hart's commercial and capital markets expertise, he brings deep experience in corporate finance, strategy, risk management, financial planning, and operations. Prior to his time at Cenovus and Husky, he held roles at Statoil, Imperial Oil, and Deloitte. Adam Beaumont, who has been instrumental during this leadership transition and has served as Interim CFO, will assume the role of Senior Vice President, Capital Markets, reporting to Mr. Hart. In this newly created position, Mr. Beaumont will oversee corporate finance, treasury, project finance, and investor relations. Mr. Hart holds a Bachelor of Commerce in Accounting and Finance from Saint Mary's University and is a Chartered Professional Accountant. He will be based at Northland's headquarters in Toronto and will report directly to Ms. Healy.お知らせ • Apr 15Northland Power Inc. announces Monthly dividend, payable on May 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on May 15, 2025, ex-date on April 30, 2025 and record date on April 30, 2025.お知らせ • Apr 11Northland Power Inc. to Report Q1, 2025 Results on May 13, 2025Northland Power Inc. announced that they will report Q1, 2025 results After-Market on May 13, 2025お知らせ • Mar 18Northland Power Inc., Annual General Meeting, May 21, 2025Northland Power Inc., Annual General Meeting, May 21, 2025. Location: ontario, toronto Canadaお知らせ • Mar 06Northland Power Inc. announces Monthly dividend, payable on April 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on April 15, 2025, ex-date on March 31, 2025 and record date on March 31, 2025.お知らせ • Jan 28Northland Power Inc. to Report Q4, 2024 Results on Feb 26, 2025Northland Power Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 26, 2025お知らせ • Dec 02+ 1 more updateNorthland Power Inc. Appoints Christine Healy as New President, Effective February 5, 2025Northland Power Inc. announced that the Board of Directors has appointed energy transition leader Christine Healy as President, effective February 5, 2025. In addition to serving as President and CEO, Ms. Healy will also be appointed as a Director of the Company, subject to confirmation at the next Annual General Meeting of shareholders in 2025. With over 20 years of experience in managing multi-billion-dollar businesses, Ms. Healy brings a wealth of expertise in mergers and acquisitions, as well as global leadership in sustainability and energy transition. Ms. Healy joins Northland from AtkinsRéalis, where she served as President of Asia, the Middle East and Australia. Prior to that, she held senior executive roles at TotalEnergies for more than five years, including Senior Vice President of Carbon Neutrality and Continental Europe. In these positions, she spearheaded initiatives to achieve sustainable emissions reductions across TotalEnergies’ global portfolio and led carbon capture, storage projects and nature-based solutions worldwide. Ms. Healy also served as President & CEO of Total E&P Canada, where she led a multi-billion-dollar energy business to record profitability through innovative cost and transportation strategies. She has also held senior positions as Chief Strategy Officer and General Counsel at Maersk Oil and Gas and Vice President of North America Business Development at Statoil (now Equinor). As an accomplished Canadian leader, Ms. Healy has consistently delivered new business opportunities, fostered strong stakeholder relationships and led teams through complex negotiations. A current board member of CNRL, one of Canada's largest companies, her experience spans living in five countries and managing teams across more than 20 countries, enabling her to drive cross-cultural collaboration and deliver innovative solutions that create lasting positive change. Christine will be based at Northland’s headquarters in Toronto.Declared Dividend • Nov 17Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 29th November 2024 Payment date: 16th December 2024 Dividend yield will be 6.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (221% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.Reported Earnings • Nov 14Third quarter 2024 earnings released: CA$0.69 loss per share (vs CA$0.14 profit in 3Q 2023)Third quarter 2024 results: CA$0.69 loss per share (down from CA$0.14 profit in 3Q 2023). Revenue: CA$490.5m (down 4.4% from 3Q 2023). Net loss: CA$178.2m (down CA$212.8m from profit in 3Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.Declared Dividend • Oct 16Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 6.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (463% earnings payout ratio) nor is it covered by cash flows (425% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 415% to bring the payout ratio under control. EPS is expected to grow by 61% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Oct 12Northland Power Inc. to Report Q3, 2024 Results on Nov 13, 2024Northland Power Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024お知らせ • Oct 01+ 1 more updateNorthland Power Inc. Announces Appointment of John Brace as Interim PresidentNorthland Power Inc. announced that John Brace, who has been serving as Northland's Executive Chair since March 25, 2024, has assumed the role of Interim President and CEO effective immediately, following former President and CEO Mike Crawley's planned departure from the Company on September 30th. Mr. Brace continues to serve as Chair of the Board and Ian Pearce continues as Lead Independent Director. Mr. Brace has been with Northland since 1988, serving as CEO from 2003 to 2018, and has played a pivotal role in the Company's growth and success. His leadership and expertise have been instrumental as Northland continues to focus on its key priorities, including successfully advancing the Company's three large construction programs - Hai Long, Baltic Power and Oneida - as well as prudently advancing Northland's 9GW development pipeline. Northland will provide a further update when a permanent President and CEO has been appointed.Declared Dividend • Sep 11Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 6.1%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (463% earnings payout ratio) nor is it covered by cash flows (424% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 415% to bring the payout ratio under control. EPS is expected to grow by 78% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Declared Dividend • Aug 19Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 5.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (463% earnings payout ratio) nor is it covered by cash flows (424% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 415% to bring the payout ratio under control. EPS is expected to grow by 79% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: CA$0.96 (vs CA$0.011 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.96 (up from CA$0.011 in 2Q 2023). Revenue: CA$529.0m (up 12% from 2Q 2023). Net income: CA$246.1m (up CA$243.3m from 2Q 2023). Profit margin: 47% (up from 0.6% in 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 24Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 31st July 2024 Payment date: 15th August 2024 Dividend yield will be 5.6%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (159% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.Buy Or Sell Opportunity • Jul 12Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to €16.61. The fair value is estimated to be €13.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Jul 06Northland Power Inc. to Report Q2, 2024 Results on Aug 14, 2024Northland Power Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 14, 2024Declared Dividend • Jun 17Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (159% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.Buy Or Sell Opportunity • May 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to €15.59. The fair value is estimated to be €19.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Meanwhile, the company became loss making.お知らせ • May 23Northland Power Inc. Elects Doyle Beneby as DirectorNorthland Power Inc. at its Annual General Meeting held on May 22, 2024, approved the election of Doyle Beneby as Director.Reported Earnings • May 16First quarter 2024 earnings released: EPS: CA$0.30 (vs CA$0.27 in 1Q 2023)First quarter 2024 results: EPS: CA$0.30 (up from CA$0.27 in 1Q 2023). Revenue: CA$754.9m (up 21% from 1Q 2023). Net income: CA$75.6m (up 11% from 1Q 2023). Profit margin: 10.0% (down from 11% in 1Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 19% per year.Buy Or Sell Opportunity • Apr 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €13.87. The fair value is estimated to be €17.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years, while earnings per share has been flat.お知らせ • Apr 17Northland Power Inc. to Report Q1, 2024 Results on May 15, 2024Northland Power Inc. announced that they will report Q1, 2024 results After-Market on May 15, 2024Declared Dividend • Apr 15Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 29th April 2024 Payment date: 15th May 2024 Dividend yield will be 5.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.Upcoming Dividend • Mar 20Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.6%).お知らせ • Mar 09Northland Power Inc., Annual General Meeting, May 22, 2024Northland Power Inc., Annual General Meeting, May 22, 2024.Declared Dividend • Mar 08Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 5.6%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.Buy Or Sell Opportunity • Feb 27Now 22% undervaluedOver the last 90 days, the stock has risen 4.7% to €15.28. The fair value is estimated to be €19.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years, while earnings per share has been flat.Reported Earnings • Feb 22Full year 2023 earnings released: CA$0.69 loss per share (vs CA$3.46 profit in FY 2022)Full year 2023 results: CA$0.69 loss per share (down from CA$3.46 profit in FY 2022). Revenue: CA$2.23b (down 8.8% from FY 2022). Net loss: CA$175.2m (down 122% from profit in FY 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Upcoming Dividend • Feb 21Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 15 March 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (3.6%).お知らせ • Jan 23Northland Power Inc. to Report Q4, 2023 Results on Feb 21, 2024Northland Power Inc. announced that they will report Q4, 2023 results on Feb 21, 2024Upcoming Dividend • Jan 23Upcoming dividend of CA$0.10 per share at 4.9% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 15 February 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.7%).お知らせ • Jan 16Northland Power Inc. Announces Leadership ChangesNorthland Power Inc. announced the following leadership changes, effective immediately: David Povall, Executive Vice President of Offshore Wind, has departed the Company. With the successful execution of the Baltic Power and Hai Long construction projects being Northland’s top priority over the next two to three years, a successor with strong offshore project execution and operational experience has been selected and will be named in the quarter. In the meantime, Jennifer Snowball, Head of Offshore Wind Development will serve as interim head of the business unit; Yonni Fushman, who joined Northland in January 2023 as Chief Legal Officer and Executive Vice President Sustainability, has been promoted to Chief Administrative and Legal Officer. In this role, Mr. Fushman will oversee several global enabling functions in addition to serving as Corporate Secretary. He will be responsible for continuously streamlining and improving Northland’s business processes as the Company positions itself to seize unprecedented renewable energy opportunities in the coming years.Upcoming Dividend • Dec 21Upcoming dividend of CA$0.10 per share at 5.1% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.5%).お知らせ • Nov 30Northland Power Announces Appointment of Ellen Smith to Its Board of DirectorsNorthland Power Inc. announced the expansion of its Board of Directors from nine to ten members and the appointment of Ellen Smith as a Director, effective November 29, 2023. Ms. Smith brings over 35 years of leadership experience within the power and utilities sector. After spending her early career at original equipment manufacturers GE Power Systems and Pratt & Whitney, Ms. Smith led a co-gen business initiative and power & utilities facilities at a refinery of Hess Corp., and led U.S. Operations at National Grid, which included gas and electric transmission and distribution, LNG operations and power generation. For the last decade, Ms. Smith has been the Senior Managing Director at FTI Consulting, where she advises clients on strategy operational issues, and corporate finance, with a focus on power and utilities and EPC clients. Ms. Smith serves as an expert in complex power and utilities litigation and in administering contracts for large capital portfolio projects. Ms. Smith holds a Bachelor of Science in Mechanical Engineering and Master of Science in Engineering, Power Systems, both from Union College, Schenectady and is a member of the Institute of Electrical and Electronics Engineers.Upcoming Dividend • Nov 24Upcoming dividend of CA$0.10 per share at 5.4% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.6%).Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: CA$0.14 (vs CA$0.33 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.14 (down from CA$0.33 in 3Q 2022). Revenue: CA$513.3m (down 7.7% from 3Q 2022). Net income: CA$36.2m (down 54% from 3Q 2022). Profit margin: 7.0% (down from 14% in 3Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.New Risk • Nov 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings are forecast to decline by an average of 4.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding).Upcoming Dividend • Oct 23Upcoming dividend of CA$0.10 per share at 6.0% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.9%).お知らせ • Oct 11Northland Power Inc. to Report Q3, 2023 Results on Nov 09, 2023Northland Power Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023Recent Insider Transactions • Oct 02President and Chief Executive Officer recently bought €310k worth of stockOn the 29th of September, Mike Crawley bought around 20k shares on-market at roughly €15.48 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Mike's only on-market trade for the last 12 months.Upcoming Dividend • Sep 21Upcoming dividend of CA$0.10 per share at 5.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.6%).Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €17.64, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Renewable Energy industry in Germany. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.10 per share.Upcoming Dividend • Aug 23Upcoming dividend of CA$0.10 per share at 4.8% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.6%).New Risk • Aug 11New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings are forecast to decline by an average of 5.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (7.1% increase in shares outstanding).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: CA$0.017 (vs CA$1.01 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.017 (down from CA$1.01 in 2Q 2022). Revenue: CA$471.5m (down 15% from 2Q 2022). Net income: CA$4.34m (down 98% from 2Q 2022). Profit margin: 0.9% (down from 42% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 21Upcoming dividend of CA$0.10 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%).お知らせ • Jul 12Northland Power Inc. to Report Q2, 2023 Results on Aug 10, 2023Northland Power Inc. announced that they will report Q2, 2023 results After-Market on Aug 10, 2023Upcoming Dividend • Jun 22Upcoming dividend of CA$0.10 per share at 4.3% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).お知らせ • May 26RWE Offshore Wind GmbH acquired remaining 49% stake in Nordseecluster offshore wind portfolio from Northland Power Inc. (TSX:NPI) for €35 million.RWE Offshore Wind GmbH acquired remaining 49% stake in Nordseecluster offshore wind portfolio from Northland Power Inc. (TSX:NPI) for €35 million on May 25, 2023. RWE Offshore Wind GmbH completed the acquisition of remaining 49% stake in Nordseecluster offshore wind portfolio from Northland Power Inc. (TSX:NPI) for €35 million on May 25, 2023.Upcoming Dividend • May 23Upcoming dividend of CA$0.10 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).お知らせ • May 12Northland Power Inc. Reaffirms Earnings Guidance for the Year 2023Northland Power Inc. reaffirmed earnings guidance for the year 2023. As of May 9, 2023, management's 2023 financial outlook remains unchanged from prior guidance.Reported Earnings • May 10First quarter 2023 earnings released: EPS: CA$0.28 (vs CA$0.99 in 1Q 2022)First quarter 2023 results: EPS: CA$0.28 (down from CA$0.99 in 1Q 2022). Revenue: CA$621.7m (down 11% from 1Q 2022). Net income: CA$69.9m (down 69% from 1Q 2022). Profit margin: 11% (down from 33% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buying Opportunity • May 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €26.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is forecast to decline by 29% per annum over the same time period.Upcoming Dividend • Apr 20Upcoming dividend of CA$0.10 per share at 3.6% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.5%).Upcoming Dividend • Mar 23Upcoming dividend of CA$0.10 per share at 3.6% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.4%).Reported Earnings • Feb 26Full year 2022 earnings released: EPS: CA$3.46 (vs CA$0.82 in FY 2021)Full year 2022 results: EPS: CA$3.46 (up from CA$0.82 in FY 2021). Revenue: CA$2.45b (up 17% from FY 2021). Net income: CA$816.5m (up 357% from FY 2021). Profit margin: 33% (up from 8.5% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 8.4% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 20Upcoming dividend of CA$0.10 per share at 3.6% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%).お知らせ • Jan 26Northland Power Inc. to Report Q4, 2022 Results on Feb 23, 2023Northland Power Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023Upcoming Dividend • Jan 23Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 15 February 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%).Buying Opportunity • Dec 30Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €32.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.06% per annum. Earnings is forecast to decline by 17% per annum over the same time period.Upcoming Dividend • Dec 22Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 16 January 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.7%).お知らせ • Dec 16Gentari International Renewables Pte. Ltd. entered into an agreement to acquire 29.4% stake in Hai Long offshore wind project in Taiwan from Northland Power Inc. (TSX:NPI) for approximately TWD 18 million.Gentari International Renewables Pte. Ltd. entered into an agreement to acquire 29.4% stake in Hai Long offshore wind project in Taiwan from Northland Power Inc. (TSX:NPI) for approximately TWD 18 million on December 14, 2022. Transaction close is expected to occur following the achievement of financial close of the Project and remains subject to receipt of customary regulatory approvals and satisfaction of all closing conditions pursuant to the terms of the purchase and sale agreement.Buying Opportunity • Dec 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €32.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 1.2% per annum. Earnings is forecast to decline by 17% per annum over the same time period.Upcoming Dividend • Nov 22Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.6%).Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Eckhardt Ruemmler was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: CA$0.34 (vs CA$0.054 loss in 3Q 2021)Third quarter 2022 results: EPS: CA$0.34 (up from CA$0.054 loss in 3Q 2021). Revenue: CA$555.9m (up 29% from 3Q 2021). Net income: CA$81.7m (up CA$93.8m from 3Q 2021). Profit margin: 15% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 28 September 2022. Payment date: 17 October 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.9%).Upcoming Dividend • Aug 23Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%).Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: CA$1.01 (vs CA$0.064 loss in 2Q 2021)Second quarter 2022 results: EPS: CA$1.01 (up from CA$0.064 loss in 2Q 2021). Revenue: CA$556.8m (up 36% from 2Q 2021). Net income: CA$235.3m (up CA$249.3m from 2Q 2021). Profit margin: 42% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 2.1% compared to a 14% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • Aug 12Northland Power Inc. Announces Departure of Morten Melin, Executive Vice PresidentNorthland Power Inc. announced a change in its executive team with the departure of Morten Melin, Executive Vice President, Construction effective August 12, 2022.Upcoming Dividend • Jul 21Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 15 August 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.0%).業績と収益の成長予測DB:1NR - アナリストの将来予測と過去の財務データ ( )CAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,6034394311,643312/31/20272,6073954041,562912/31/20262,6063233091,50593/31/20262,554-1481,3861,575N/A12/31/20252,445-1701,2621,426N/A9/30/20252,311-2861,4321,559N/A6/30/20252,247-521,2841,429N/A3/31/20252,2672577861,149N/A12/31/20242,3572664771,029N/A9/30/20242,419-148166831N/A6/30/20242,4406698783N/A3/31/20242,380-176227816N/A12/31/20232,244-181369811N/A9/30/20232,2483827351,200N/A6/30/20232,2904261,0691,575N/A3/31/20232,3756581,2191,683N/A12/31/20222,4498171,3481,833N/A9/30/20222,4486421,3271,842N/A6/30/20222,3245561,0821,599N/A3/31/20222,1763071,1431,647N/A12/31/20212,0931791,1401,609N/A9/30/20211,9461191,0631,360N/A6/30/20211,9852061,1401,358N/A3/31/20212,0062721,1501,362N/A12/31/20202,0613701,0951,322N/A9/30/20202,0063711,0791,345N/A6/30/20201,9143669041,308N/A3/31/20201,8283646141,284N/A12/31/20191,659309N/A1,224N/A9/30/20191,602307N/A1,182N/A6/30/20191,573299N/A1,134N/A3/31/20191,568299N/A1,136N/A12/31/20181,556267N/A1,134N/A9/30/20181,569271N/A1,100N/A6/30/20181,514224N/A1,080N/A3/31/20181,499206N/A878N/A12/31/20171,376150N/A849N/A9/30/20171,460268N/A936N/A6/30/20171,431216N/A922N/A3/31/20171,285217N/A888N/A12/31/20161,099110N/A720N/A9/30/2016792-50N/A448N/A6/30/2016714-104N/A407N/A3/31/2016705-49N/A388N/A12/31/2015728-12N/A399N/A9/30/2015745-66N/A400N/A6/30/20157304N/A357N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 1NRは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: 1NR今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 1NR今後 3 年以内に収益を上げることが予想されます。収益対市場: 1NRの収益 ( 0.1% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: 1NRの収益 ( 0.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 1NRの 自己資本利益率 は、3年後には低くなると予測されています ( 12.4 %)。成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/05/24 10:39終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Northland Power Inc. 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23 アナリスト機関Harshit GuptaAccountability Research CorporationNathan HeywoodATB CormarkBenjamin PhamBMO Capital Markets Equity Research20 その他のアナリストを表示
お知らせ • May 12Northland Power Inc. Reaffirms Earnings Guidance for the Year 2023Northland Power Inc. reaffirmed earnings guidance for the year 2023. As of May 9, 2023, management's 2023 financial outlook remains unchanged from prior guidance.
Declared Dividend • May 23Dividend of CA$0.06 announcedShareholders will receive a dividend of CA$0.06. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (14% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • May 21Northland Power Inc. announces Monthly dividend, payable on June 15, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on June 15, 2026, ex-date on May 29, 2026 and record date on May 29, 2026.
Board Change • May 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bahir Manios was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 15Northland Power Inc. to Report Q1, 2026 Results on May 13, 2026Northland Power Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026
お知らせ • Mar 27Northland Power Inc. Announces Appointment of Bahir Manios to Its Board of Directors, Effective March 25, 2026Northland Power Inc. announced the appointment of Bahir Manios to its Board of Directors, effective March 25, 2026, expanding the Board from ten to eleven members. With more than 20 years of senior leadership experience in asset management, Mr. Manios brings extensive North American capital markets experience to Northland’s Board. Mr. Manios is the co-founder of Genesis Financial Asset Management, an asset management platform that invests in the Healthcare, Infrastructure and Financial Services sectors. Previously, Mr. Manios held multiple senior executive positions at Brookfield Asset Management, holding the role of Chief Financial Officer before retiring in June 2024. During his tenure, he also played a leading role in building Brookfield’s infrastructure business since its inception. Mr. Manios holds a bachelor’s degree from Wilfrid Laurier University and is a member of the Canadian Institute of Chartered Accountants.
お知らせ • Mar 16Northland Power Inc., Annual General Meeting, May 20, 2026Northland Power Inc., Annual General Meeting, May 20, 2026. Location: ontario, toronto Canada
お知らせ • Mar 11Northland Power Inc. announces Monthly dividend, payable on April 15, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on April 15, 2026, ex-date on March 31, 2026 and record date on March 31, 2026.
お知らせ • Feb 20Northland Power Inc. announces Monthly dividend, payable on March 16, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on March 16, 2026, ex-date on February 27, 2026 and record date on February 27, 2026.
お知らせ • Jan 27Northland Power Inc. to Report Q4, 2025 Results on Feb 25, 2026Northland Power Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026
お知らせ • Jan 16Northland Power Inc. announces Monthly dividend, payable on February 17, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on February 17, 2026, ex-date on January 30, 2026 and record date on January 30, 2026.
お知らせ • Dec 05Northland Power Inc. announces Monthly dividend, payable on January 15, 2026Northland Power Inc. announced Monthly dividend of CAD 0.0600 per share payable on January 15, 2026, ex-date on December 31, 2025 and record date on December 31, 2025.
お知らせ • Nov 22Northland Power Inc. (TSX:NPI) acquired Two battery energy storage system projects in Poland from Greenvolt Power Group Sp. z o.o.Northland Power Inc. (TSX:NPI) acquired Two battery energy storage system projects in Poland from Greenvolt Power Group Sp. z o.o. on November 20, 2025. DC Advisory acted as financial advisor for Greenvolt Power Group Sp. z o.o. Green Giraffe Advisory B.v. acted as financial advisor for Greenvolt Power Group Sp. z o.o. Northland Power Inc. (TSX:NPI) completed the acquisition of Two battery energy storage system projects in Poland from Greenvolt Power Group Sp. z o.o. on November 20, 2025.
お知らせ • Nov 21Northland Appoints Pierre-Emmanuel Frot as Head the Newly Established Project Development and Delivery FunctionNorthland is transitioning from three technology-based business units to two regional hubs, the Americas and International, working with a global project delivery team. This structure will eliminate duplication, focus operational teams on delivering value, and ensure capital is deployed to the most value accretive opportunities. Toby Edmonds, formerly EVP of Offshore Wind, will lead the International hub, Calvin MacCormack, formerly EVP of Natural Gas will oversee the Americas hub, and Pierre-Emmanuel Frot, formerly EVP Project Management Office, will head the newly established Project Development and Delivery function.
お知らせ • Nov 14Northland Power Inc. announces Monthly dividend, payable on December 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on December 15, 2025, ex-date on November 28, 2025 and record date on November 28, 2025.
お知らせ • Oct 17Northland Power Inc. announces Monthly dividend, payable on November 17, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on November 17, 2025, ex-date on October 31, 2025 and record date on October 31, 2025.
お知らせ • Oct 10Northland Power Inc. to Report Q3, 2025 Results on Nov 12, 2025Northland Power Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025
お知らせ • Sep 11Northland Power Inc. announces Monthly dividend, payable on October 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on October 15, 2025, ex-date on September 29, 2025 and record date on September 29, 2025.
お知らせ • Sep 06Northland Power Inc. Announces Board ChangesNorthland Power Inc. announced changes to the Company’s Board of Directors (“Board”) following the retirement of John Brace, and the appointment of Sébastien Clerc, effective September 5, 2025. Mr. Brace formally stepped down as Chair of the Board at Northland’s most recent Annual General Meeting. Since then, he has continued to serve as a Director to support a smooth leadership transition to incoming Chair, Ian Pearce. Mr. Clerc joins the Board with over 25 years of global leadership experience in the energy and infrastructure sectors. From 2011 to 2024, he served as Chief Executive Officer of Voltalia, a Euronext-listed independent power producer specializing in wind, solar, and battery storage projects. Under his leadership, Voltalia completed its initial public offering and grew revenues from €11 million to over €550 million. Prior to Voltalia, Mr. Clerc was the founder and CEO of Natixis Environment & Infrastructure (now Mirova), where he played a pioneering role in sustainable infrastructure investment. Mr. Clerc holds a Graduate Degree in Economics and a Master’s in History from Université de Paris X, as well as a Master’s in Finance from Sciences Po Paris.
お知らせ • Aug 14Northland Power Inc. announces Monthly dividend, payable on September 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on September 15, 2025, ex-date on August 29, 2025 and record date on August 29, 2025.
お知らせ • Jul 17Northland Power Inc. to Report Q2, 2025 Results on Aug 13, 2025Northland Power Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025
お知らせ • Jul 13Northland Power Inc. announces Monthly dividend, payable on August 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on August 15, 2025, ex-date on July 31, 2025 and record date on July 31, 2025.
お知らせ • Jun 12Northland Power Inc. Achieves First Power on Hai Long Offshore Wind ProjectNorthland Power Inc. announced first power from its Hai Long Offshore Wind Project in Taiwan, marking successful energization of the project and connection to Taipower’s grid. This achievement comes ahead of the second half of 2025, underscoring the project's strong construction momentum. The milestone also includes the commissioning of both onshore and offshore substations, further demonstrating the project's progress toward full commercial operations, anticipated in 2027. Since the commencement of construction, Hai Long has made substantial progress, including the production of jacket foundations and pin piles, installation of the Hai Long 2 and 3 offshore substations, installation of all 219 pin piles, assembly of Taiwan’s first locally manufactured 14 MW wind turbine nacelle and the installation of 14 out of 73 turbines. With a planned capacity of 1 GW, Hai Long will play a vital role in supporting Taiwan’s renewable energy target of 15 GW of offshore wind between 2026 and 2035. Once operational, Hai Long will be among the largest offshore wind farms in the Asia-Pacific region, providing clean electricity to over one million Taiwanese homes.
お知らせ • Jun 05Northland Power Inc. announces Monthly dividend, payable on July 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on July 15, 2025, ex-date on June 30, 2025 and record date on June 30, 2025.
お知らせ • May 13Northland Power Inc. announces Monthly dividend, payable on June 16, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on June 16, 2025, ex-date on May 30, 2025 and record date on May 30, 2025.
お知らせ • Apr 21+ 1 more updateNorthland Power Inc. Announces Chief Financial Officer ChangesNorthland Power Inc. announced the appointment of Jeff Hart as the Company's new Chief Financial Officer (CFO), effective May 1, 2025. Mr. Hart brings a wealth of experience in financial leadership and capital markets, having served in senior executive roles - including CFO - at two large publicly-traded Canadian energy companies, Husky Energy and Cenovus Energy. His extensive experience in capital markets, treasury and tax management, capital allocation, debt capital markets, balance sheet management, and mergers and acquisitions will be instrumental as Northland continues to drive its financial growth and strategic objectives. In addition to Mr. Hart's commercial and capital markets expertise, he brings deep experience in corporate finance, strategy, risk management, financial planning, and operations. Prior to his time at Cenovus and Husky, he held roles at Statoil, Imperial Oil, and Deloitte. Adam Beaumont, who has been instrumental during this leadership transition and has served as Interim CFO, will assume the role of Senior Vice President, Capital Markets, reporting to Mr. Hart. In this newly created position, Mr. Beaumont will oversee corporate finance, treasury, project finance, and investor relations. Mr. Hart holds a Bachelor of Commerce in Accounting and Finance from Saint Mary's University and is a Chartered Professional Accountant. He will be based at Northland's headquarters in Toronto and will report directly to Ms. Healy.
お知らせ • Apr 15Northland Power Inc. announces Monthly dividend, payable on May 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on May 15, 2025, ex-date on April 30, 2025 and record date on April 30, 2025.
お知らせ • Apr 11Northland Power Inc. to Report Q1, 2025 Results on May 13, 2025Northland Power Inc. announced that they will report Q1, 2025 results After-Market on May 13, 2025
お知らせ • Mar 18Northland Power Inc., Annual General Meeting, May 21, 2025Northland Power Inc., Annual General Meeting, May 21, 2025. Location: ontario, toronto Canada
お知らせ • Mar 06Northland Power Inc. announces Monthly dividend, payable on April 15, 2025Northland Power Inc. announced Monthly dividend of CAD 0.1000 per share payable on April 15, 2025, ex-date on March 31, 2025 and record date on March 31, 2025.
お知らせ • Jan 28Northland Power Inc. to Report Q4, 2024 Results on Feb 26, 2025Northland Power Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 26, 2025
お知らせ • Dec 02+ 1 more updateNorthland Power Inc. Appoints Christine Healy as New President, Effective February 5, 2025Northland Power Inc. announced that the Board of Directors has appointed energy transition leader Christine Healy as President, effective February 5, 2025. In addition to serving as President and CEO, Ms. Healy will also be appointed as a Director of the Company, subject to confirmation at the next Annual General Meeting of shareholders in 2025. With over 20 years of experience in managing multi-billion-dollar businesses, Ms. Healy brings a wealth of expertise in mergers and acquisitions, as well as global leadership in sustainability and energy transition. Ms. Healy joins Northland from AtkinsRéalis, where she served as President of Asia, the Middle East and Australia. Prior to that, she held senior executive roles at TotalEnergies for more than five years, including Senior Vice President of Carbon Neutrality and Continental Europe. In these positions, she spearheaded initiatives to achieve sustainable emissions reductions across TotalEnergies’ global portfolio and led carbon capture, storage projects and nature-based solutions worldwide. Ms. Healy also served as President & CEO of Total E&P Canada, where she led a multi-billion-dollar energy business to record profitability through innovative cost and transportation strategies. She has also held senior positions as Chief Strategy Officer and General Counsel at Maersk Oil and Gas and Vice President of North America Business Development at Statoil (now Equinor). As an accomplished Canadian leader, Ms. Healy has consistently delivered new business opportunities, fostered strong stakeholder relationships and led teams through complex negotiations. A current board member of CNRL, one of Canada's largest companies, her experience spans living in five countries and managing teams across more than 20 countries, enabling her to drive cross-cultural collaboration and deliver innovative solutions that create lasting positive change. Christine will be based at Northland’s headquarters in Toronto.
Declared Dividend • Nov 17Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 29th November 2024 Payment date: 16th December 2024 Dividend yield will be 6.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (221% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.
Reported Earnings • Nov 14Third quarter 2024 earnings released: CA$0.69 loss per share (vs CA$0.14 profit in 3Q 2023)Third quarter 2024 results: CA$0.69 loss per share (down from CA$0.14 profit in 3Q 2023). Revenue: CA$490.5m (down 4.4% from 3Q 2023). Net loss: CA$178.2m (down CA$212.8m from profit in 3Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
Declared Dividend • Oct 16Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 6.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (463% earnings payout ratio) nor is it covered by cash flows (425% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 415% to bring the payout ratio under control. EPS is expected to grow by 61% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Oct 12Northland Power Inc. to Report Q3, 2024 Results on Nov 13, 2024Northland Power Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024
お知らせ • Oct 01+ 1 more updateNorthland Power Inc. Announces Appointment of John Brace as Interim PresidentNorthland Power Inc. announced that John Brace, who has been serving as Northland's Executive Chair since March 25, 2024, has assumed the role of Interim President and CEO effective immediately, following former President and CEO Mike Crawley's planned departure from the Company on September 30th. Mr. Brace continues to serve as Chair of the Board and Ian Pearce continues as Lead Independent Director. Mr. Brace has been with Northland since 1988, serving as CEO from 2003 to 2018, and has played a pivotal role in the Company's growth and success. His leadership and expertise have been instrumental as Northland continues to focus on its key priorities, including successfully advancing the Company's three large construction programs - Hai Long, Baltic Power and Oneida - as well as prudently advancing Northland's 9GW development pipeline. Northland will provide a further update when a permanent President and CEO has been appointed.
Declared Dividend • Sep 11Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 6.1%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (463% earnings payout ratio) nor is it covered by cash flows (424% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 415% to bring the payout ratio under control. EPS is expected to grow by 78% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Declared Dividend • Aug 19Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 5.7%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (463% earnings payout ratio) nor is it covered by cash flows (424% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 415% to bring the payout ratio under control. EPS is expected to grow by 79% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: CA$0.96 (vs CA$0.011 in 2Q 2023)Second quarter 2024 results: EPS: CA$0.96 (up from CA$0.011 in 2Q 2023). Revenue: CA$529.0m (up 12% from 2Q 2023). Net income: CA$246.1m (up CA$243.3m from 2Q 2023). Profit margin: 47% (up from 0.6% in 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 24Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 31st July 2024 Payment date: 15th August 2024 Dividend yield will be 5.6%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (159% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.
Buy Or Sell Opportunity • Jul 12Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to €16.61. The fair value is estimated to be €13.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Jul 06Northland Power Inc. to Report Q2, 2024 Results on Aug 14, 2024Northland Power Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 14, 2024
Declared Dividend • Jun 17Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (159% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.
Buy Or Sell Opportunity • May 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to €15.59. The fair value is estimated to be €19.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • May 23Northland Power Inc. Elects Doyle Beneby as DirectorNorthland Power Inc. at its Annual General Meeting held on May 22, 2024, approved the election of Doyle Beneby as Director.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: CA$0.30 (vs CA$0.27 in 1Q 2023)First quarter 2024 results: EPS: CA$0.30 (up from CA$0.27 in 1Q 2023). Revenue: CA$754.9m (up 21% from 1Q 2023). Net income: CA$75.6m (up 11% from 1Q 2023). Profit margin: 10.0% (down from 11% in 1Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 19% per year.
Buy Or Sell Opportunity • Apr 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €13.87. The fair value is estimated to be €17.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years, while earnings per share has been flat.
お知らせ • Apr 17Northland Power Inc. to Report Q1, 2024 Results on May 15, 2024Northland Power Inc. announced that they will report Q1, 2024 results After-Market on May 15, 2024
Declared Dividend • Apr 15Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 29th April 2024 Payment date: 15th May 2024 Dividend yield will be 5.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.
Upcoming Dividend • Mar 20Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.6%).
お知らせ • Mar 09Northland Power Inc., Annual General Meeting, May 22, 2024Northland Power Inc., Annual General Meeting, May 22, 2024.
Declared Dividend • Mar 08Dividend of CA$0.10 announcedShareholders will receive a dividend of CA$0.10. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 5.6%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time.
Buy Or Sell Opportunity • Feb 27Now 22% undervaluedOver the last 90 days, the stock has risen 4.7% to €15.28. The fair value is estimated to be €19.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Feb 22Full year 2023 earnings released: CA$0.69 loss per share (vs CA$3.46 profit in FY 2022)Full year 2023 results: CA$0.69 loss per share (down from CA$3.46 profit in FY 2022). Revenue: CA$2.23b (down 8.8% from FY 2022). Net loss: CA$175.2m (down 122% from profit in FY 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Feb 21Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 15 March 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (3.6%).
お知らせ • Jan 23Northland Power Inc. to Report Q4, 2023 Results on Feb 21, 2024Northland Power Inc. announced that they will report Q4, 2023 results on Feb 21, 2024
Upcoming Dividend • Jan 23Upcoming dividend of CA$0.10 per share at 4.9% yieldEligible shareholders must have bought the stock before 30 January 2024. Payment date: 15 February 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.7%).
お知らせ • Jan 16Northland Power Inc. Announces Leadership ChangesNorthland Power Inc. announced the following leadership changes, effective immediately: David Povall, Executive Vice President of Offshore Wind, has departed the Company. With the successful execution of the Baltic Power and Hai Long construction projects being Northland’s top priority over the next two to three years, a successor with strong offshore project execution and operational experience has been selected and will be named in the quarter. In the meantime, Jennifer Snowball, Head of Offshore Wind Development will serve as interim head of the business unit; Yonni Fushman, who joined Northland in January 2023 as Chief Legal Officer and Executive Vice President Sustainability, has been promoted to Chief Administrative and Legal Officer. In this role, Mr. Fushman will oversee several global enabling functions in addition to serving as Corporate Secretary. He will be responsible for continuously streamlining and improving Northland’s business processes as the Company positions itself to seize unprecedented renewable energy opportunities in the coming years.
Upcoming Dividend • Dec 21Upcoming dividend of CA$0.10 per share at 5.1% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.5%).
お知らせ • Nov 30Northland Power Announces Appointment of Ellen Smith to Its Board of DirectorsNorthland Power Inc. announced the expansion of its Board of Directors from nine to ten members and the appointment of Ellen Smith as a Director, effective November 29, 2023. Ms. Smith brings over 35 years of leadership experience within the power and utilities sector. After spending her early career at original equipment manufacturers GE Power Systems and Pratt & Whitney, Ms. Smith led a co-gen business initiative and power & utilities facilities at a refinery of Hess Corp., and led U.S. Operations at National Grid, which included gas and electric transmission and distribution, LNG operations and power generation. For the last decade, Ms. Smith has been the Senior Managing Director at FTI Consulting, where she advises clients on strategy operational issues, and corporate finance, with a focus on power and utilities and EPC clients. Ms. Smith serves as an expert in complex power and utilities litigation and in administering contracts for large capital portfolio projects. Ms. Smith holds a Bachelor of Science in Mechanical Engineering and Master of Science in Engineering, Power Systems, both from Union College, Schenectady and is a member of the Institute of Electrical and Electronics Engineers.
Upcoming Dividend • Nov 24Upcoming dividend of CA$0.10 per share at 5.4% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.6%).
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: CA$0.14 (vs CA$0.33 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.14 (down from CA$0.33 in 3Q 2022). Revenue: CA$513.3m (down 7.7% from 3Q 2022). Net income: CA$36.2m (down 54% from 3Q 2022). Profit margin: 7.0% (down from 14% in 3Q 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
New Risk • Nov 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings are forecast to decline by an average of 4.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding).
Upcoming Dividend • Oct 23Upcoming dividend of CA$0.10 per share at 6.0% yieldEligible shareholders must have bought the stock before 30 October 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.9%).
お知らせ • Oct 11Northland Power Inc. to Report Q3, 2023 Results on Nov 09, 2023Northland Power Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023
Recent Insider Transactions • Oct 02President and Chief Executive Officer recently bought €310k worth of stockOn the 29th of September, Mike Crawley bought around 20k shares on-market at roughly €15.48 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Mike's only on-market trade for the last 12 months.
Upcoming Dividend • Sep 21Upcoming dividend of CA$0.10 per share at 5.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.6%).
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €17.64, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Renewable Energy industry in Germany. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.10 per share.
Upcoming Dividend • Aug 23Upcoming dividend of CA$0.10 per share at 4.8% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.6%).
New Risk • Aug 11New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings are forecast to decline by an average of 5.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (7.1% increase in shares outstanding).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: CA$0.017 (vs CA$1.01 in 2Q 2022)Second quarter 2023 results: EPS: CA$0.017 (down from CA$1.01 in 2Q 2022). Revenue: CA$471.5m (down 15% from 2Q 2022). Net income: CA$4.34m (down 98% from 2Q 2022). Profit margin: 0.9% (down from 42% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 21Upcoming dividend of CA$0.10 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%).
お知らせ • Jul 12Northland Power Inc. to Report Q2, 2023 Results on Aug 10, 2023Northland Power Inc. announced that they will report Q2, 2023 results After-Market on Aug 10, 2023
Upcoming Dividend • Jun 22Upcoming dividend of CA$0.10 per share at 4.3% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).
お知らせ • May 26RWE Offshore Wind GmbH acquired remaining 49% stake in Nordseecluster offshore wind portfolio from Northland Power Inc. (TSX:NPI) for €35 million.RWE Offshore Wind GmbH acquired remaining 49% stake in Nordseecluster offshore wind portfolio from Northland Power Inc. (TSX:NPI) for €35 million on May 25, 2023. RWE Offshore Wind GmbH completed the acquisition of remaining 49% stake in Nordseecluster offshore wind portfolio from Northland Power Inc. (TSX:NPI) for €35 million on May 25, 2023.
Upcoming Dividend • May 23Upcoming dividend of CA$0.10 per share at 4.0% yieldEligible shareholders must have bought the stock before 30 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.7%).
お知らせ • May 12Northland Power Inc. Reaffirms Earnings Guidance for the Year 2023Northland Power Inc. reaffirmed earnings guidance for the year 2023. As of May 9, 2023, management's 2023 financial outlook remains unchanged from prior guidance.
Reported Earnings • May 10First quarter 2023 earnings released: EPS: CA$0.28 (vs CA$0.99 in 1Q 2022)First quarter 2023 results: EPS: CA$0.28 (down from CA$0.99 in 1Q 2022). Revenue: CA$621.7m (down 11% from 1Q 2022). Net income: CA$69.9m (down 69% from 1Q 2022). Profit margin: 11% (down from 33% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • May 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €26.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is forecast to decline by 29% per annum over the same time period.
Upcoming Dividend • Apr 20Upcoming dividend of CA$0.10 per share at 3.6% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.5%).
Upcoming Dividend • Mar 23Upcoming dividend of CA$0.10 per share at 3.6% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.4%).
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: CA$3.46 (vs CA$0.82 in FY 2021)Full year 2022 results: EPS: CA$3.46 (up from CA$0.82 in FY 2021). Revenue: CA$2.45b (up 17% from FY 2021). Net income: CA$816.5m (up 357% from FY 2021). Profit margin: 33% (up from 8.5% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 8.4% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 20Upcoming dividend of CA$0.10 per share at 3.6% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%).
お知らせ • Jan 26Northland Power Inc. to Report Q4, 2022 Results on Feb 23, 2023Northland Power Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023
Upcoming Dividend • Jan 23Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 30 January 2023. Payment date: 15 February 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.7%).
Buying Opportunity • Dec 30Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €32.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 0.06% per annum. Earnings is forecast to decline by 17% per annum over the same time period.
Upcoming Dividend • Dec 22Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 16 January 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.7%).
お知らせ • Dec 16Gentari International Renewables Pte. Ltd. entered into an agreement to acquire 29.4% stake in Hai Long offshore wind project in Taiwan from Northland Power Inc. (TSX:NPI) for approximately TWD 18 million.Gentari International Renewables Pte. Ltd. entered into an agreement to acquire 29.4% stake in Hai Long offshore wind project in Taiwan from Northland Power Inc. (TSX:NPI) for approximately TWD 18 million on December 14, 2022. Transaction close is expected to occur following the achievement of financial close of the Project and remains subject to receipt of customary regulatory approvals and satisfaction of all closing conditions pursuant to the terms of the purchase and sale agreement.
Buying Opportunity • Dec 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be €32.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 1.2% per annum. Earnings is forecast to decline by 17% per annum over the same time period.
Upcoming Dividend • Nov 22Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.6%).
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Eckhardt Ruemmler was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: CA$0.34 (vs CA$0.054 loss in 3Q 2021)Third quarter 2022 results: EPS: CA$0.34 (up from CA$0.054 loss in 3Q 2021). Revenue: CA$555.9m (up 29% from 3Q 2021). Net income: CA$81.7m (up CA$93.8m from 3Q 2021). Profit margin: 15% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 28 September 2022. Payment date: 17 October 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.9%).
Upcoming Dividend • Aug 23Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.7%).
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: CA$1.01 (vs CA$0.064 loss in 2Q 2021)Second quarter 2022 results: EPS: CA$1.01 (up from CA$0.064 loss in 2Q 2021). Revenue: CA$556.8m (up 36% from 2Q 2021). Net income: CA$235.3m (up CA$249.3m from 2Q 2021). Profit margin: 42% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 2.1% compared to a 14% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • Aug 12Northland Power Inc. Announces Departure of Morten Melin, Executive Vice PresidentNorthland Power Inc. announced a change in its executive team with the departure of Morten Melin, Executive Vice President, Construction effective August 12, 2022.
Upcoming Dividend • Jul 21Upcoming dividend of CA$0.10 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 15 August 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.0%).