Capital Power Co. (TSE:CPX) Senior Officer Jacquelyn Marie Pylypiuk Sells 5,209 Shares

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

Capital Power Stock Down 0.5 %

Shares of CPX opened at C$38.20 on Thursday. The company has a market capitalization 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 one year low of C$35.11 and a one year high of C$46.73. The business’s 50 day simple moving average is C$37.51 and its 200-day simple moving average is C$37.81.

Capital Power (TSE:CPX) last announced its earnings results on Wednesday, February 28th. The company reported C$0.74 EPS for the quarter, topping the consensus estimate of C$0.72 by C$0.02. The business had revenue of C$984.00 million for the quarter. Capital Power had a return on equity of 26.11% and a net margin of 18.29%. As a group, sell-side analysts predict that Capital Power Co. will post 3.1547139 EPS for the current fiscal year.

Capital Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th will be issued a dividend of $0.615 per share. This represents a $2.46 annualized dividend and a yield of 6.44%. The ex-dividend date is Wednesday, March 27th. Capital Power’s dividend payout ratio is 40.73%.

Analyst Ratings Changes

A number of research firms have recently commented on CPX. BMO Capital Markets dropped their price objective on Capital Power from C$42.00 to C$40.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 29th. CIBC dropped their price objective on Capital Power from C$44.00 to C$43.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 24th. Raymond James lifted their price objective on 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 lowered their price target on 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. Finally, Scotiabank lowered their price target on 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. 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 data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$46.27.

About Capital Power

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