Capital Power Co. (TSE:CPX) Senior Officer Sells C$204,296.98 in Stock

Capital Power Co. (TSE:CPX) Senior Officer Jacquelyn Marie Pylypiuk sold 5,209 shares of the stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of C$39.22, for a total transaction of C$204,296.98.

Capital Power Trading Down 0.5 %

Capital Power stock opened at C$38.20 on Thursday. The stock has a market cap of C$4.83 billion, a P/E ratio of 6.32, a PEG ratio of 0.91 and a beta of 0.57. The company has a debt-to-equity ratio of 153.08, a current ratio of 1.29 and a quick ratio of 0.55. Capital Power Co. has a 1 year low of C$35.11 and a 1 year high of C$46.73. The firm’s 50 day moving average price is C$37.51 and its 200-day moving average price is C$37.81.

Capital Power (TSE:CPX) last posted its earnings results on Wednesday, February 28th. The company reported C$0.74 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.72 by C$0.02. Capital Power had a net margin of 18.29% and a return on equity of 26.11%. The firm had revenue of C$984.00 million during the quarter. On average, equities analysts predict that Capital Power Co. will post 3.1547139 earnings per share for the current fiscal year.

Capital Power Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Thursday, March 28th will be issued a $0.615 dividend. This represents a $2.46 dividend on an annualized basis and a dividend yield of 6.44%. The ex-dividend date of this dividend is Wednesday, March 27th. Capital Power’s dividend payout ratio (DPR) is presently 40.73%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CPX. National Bankshares lowered their price objective on shares of Capital Power from C$48.00 to C$45.00 in a research note on Wednesday, January 17th. Raymond James raised their target price on shares of Capital Power from C$45.00 to C$46.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 29th. Desjardins decreased their target price on shares of Capital Power from C$53.00 to C$51.00 and set a “buy” rating on the stock in a research note on Tuesday, December 12th. Scotiabank decreased their target price on shares of Capital Power from C$47.00 to C$45.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 17th. Finally, Royal Bank of Canada decreased their target price on shares of Capital Power from C$42.00 to C$41.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 29th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of C$46.27.

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.