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Capital Power (TSE:CPX)
TSX:CPX
Capital Power (CPX) Stock Price & Analysis
497 Followers
CPX Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$33.90 - C$42.37
Previous CloseC$40.78
Volume170.58K
Average Volume (3M)552.30K
Market Cap
C$5.37B
Enterprise ValueC$9.95B
Total Cash (Recent Filing)C$152.00M
Total Debt (Recent Filing)C$4.80B
Price to Earnings (P/E)7.8
Beta0.79
Next Earnings
Jul 31, 2024EPS Estimate
C$0.68Last Dividend Ex-Date
Jun 28, 2024Dividend Yield6.15%
Share Statistics
EPS (TTM)5.26
Shares Outstanding129,140,000
10 Day Avg. Volume826,020
30 Day Avg. Volume552,304
Standard Deviation0.05
R-Squared0.23
Alpha0.00693
Financial Highlights & Ratios
Price to Book (P/B)1.81
Price to Sales (P/S)1.22
Price to Cash Flow (P/CF)3.90
P/FCF Ratio8.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$43.22Price Target Upside4.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Capital Power News
PremiumCompany Announcements
Capital Power’s Genesee Station Goes Green
PremiumCompany Announcements
Capital Power Announces Series 11 Shares Redemption
PremiumCompany Announcements
Capital Power Expands Board with Key Appointments
PremiumCompany Announcements
Capital Power’s C$450M Notes OfferingBulls Say, Bears Say
Bulls Say
Financial PerformanceMarket Perform rating is maintained on balanced risk/reward and comfortable holding for ~7% yield.
Growth OpportunitiesCPX is focused on US generation growth opportunities, especially given the leverage to rising power demand from data centers.
Project DevelopmentGood news is Ontario growth project capex was revised lower to $600M with 2025/2026 COD unchanged, and Halkirk 2 wind and Maple Leaf solar projects on track.
Bears Say
EarningsFirst quarter adjusted EBITDA results came in well below expectations, with $279M reported versus a consensus of $327M.
Financial PerformanceCPX shares underperformed the utility index due to another cost overrun on Genesee repowering and tempered 2024 guidance.
Operational IssuesThe negative earnings variance was driven by a miss across the board, particularly in Alberta Commercial due to lower power prices and extended outages.
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Options Prices
Currently, No data available
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Ownership Overview
14.92% Insiders
3.11% Mutual Funds
7.50% Other Institutional Investors
74.47% Public Companies and Individual Investors
CPX FAQ
What was Capital Power’s price range in the past 12 months?
Capital Power lowest stock price was C$33.90 and its highest was C$42.37 in the past 12 months.
What is Capital Power’s market cap?
Currently, no data Available
When is Capital Power’s upcoming earnings report date?
Capital Power’s upcoming earnings report date is Jul 31, 2024 which is in 8 days.
How were Capital Power’s earnings last quarter?
Capital Power released its earnings results on May 01, 2024. The company reported C$1.57 earnings per share for the quarter, beating the consensus estimate of C$0.732 by C$0.838.
Is Capital Power overvalued?
According to Wall Street analysts Capital Power’s price is currently Undervalued.
Does Capital Power pay dividends?
Capital Power pays a Quarterly dividend of C$0.61 which represents an annual dividend yield of 6.15%. See more information on Capital Power dividends here
What is Capital Power’s EPS estimate?
Capital Power’s EPS estimate is C$0.68.
How many shares outstanding does Capital Power have?
Capital Power has 129,927,890 shares outstanding.
What happened to Capital Power’s price movement after its last earnings report?
Capital Power reported an EPS of C$1.57 in its last earnings report, beating expectations of C$0.732. Following the earnings report the stock price went down -1.103%.
Which hedge fund is a major shareholder of Capital Power?
Currently, no hedge funds are holding shares in TSE:CPX
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Capital Power Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$43.22 (4.57% Upside)
C$43.22 (4.57% Upside)
Blogger Sentiment
Bullish
TSE:CPX Sentiment 66%
Sector Average 70%
Sector Average 70%
Insider Transactions
Bought Shares
Worth C$825.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.49%
12-Months-Change
Fundamentals
Return on Equity
19.97%
Trailing 12-Months
Asset Growth
17.40%
Trailing 12-Months
Company Description
Capital Power
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.
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CPX Stock 12 Month Forecast
Average Price Target
C$43.22
▲(4.57% Upside)
Technical Analysis
Best Analysts Covering CPX
1 Year
1 Year Success Rate
16/23 ratings generated profit
1 Year Average Return
+10.29%
reiterated a buy rating 3 months ago
Copying John Mould's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +10.29% per trade.
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