Atb Cap Markets Forecasts Lower Earnings for Capital Power

Capital Power Co. (TSE:CPX) – Equities research analysts at Atb Cap Markets cut their Q1 2025 earnings estimates for Capital Power in a note issued to investors on Tuesday, November 26th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $0.84 for the quarter, down from their previous forecast of $0.85. Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for Capital Power’s current full-year earnings is $2.82 per share. Atb Cap Markets also issued estimates for Capital Power’s Q2 2025 earnings at $1.00 EPS, Q4 2025 earnings at $0.84 EPS and FY2025 earnings at $4.01 EPS.

Other equities research analysts have also recently issued reports about the company. Scotiabank raised Capital Power from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$46.00 to C$60.00 in a research note on Thursday, October 31st. ATB Capital increased their price target on Capital Power from C$55.00 to C$57.00 in a report on Wednesday. Royal Bank of Canada lowered their price target on Capital Power from C$54.00 to C$53.00 and set a “sector perform” rating for the company in a research report on Thursday, October 31st. CIBC boosted their price objective on shares of Capital Power from C$52.00 to C$54.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Finally, TD Securities raised their target price on shares of Capital Power from C$48.00 to C$57.00 and gave the stock a “buy” rating in a report on Tuesday, October 29th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$55.33.

Capital Power Stock Up 1.1 %

Shares of TSE CPX opened at C$62.59 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.55 and a debt-to-equity ratio of 133.46. Capital Power has a 12-month low of C$33.90 and a 12-month high of C$64.39. The firm’s 50-day moving average price is C$53.52 and its 200-day moving average price is C$45.46. The stock has a market capitalization of C$8.13 billion, a price-to-earnings ratio of 12.39, a P/E/G ratio of 0.91 and a beta of 0.64.

Capital Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be paid a $0.652 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.61 dividend on an annualized basis and a yield of 4.17%. Capital Power’s dividend payout ratio is currently 51.68%.

Insiders Place Their Bets

In other news, Senior Officer Bryan Deneve sold 6,100 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$50.55, for a total transaction of C$308,355.00. Insiders have sold 6,300 shares of company stock worth $317,981 in the last three months. Corporate insiders own 0.17% of the company’s stock.

Capital Power Company Profile

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.