Capital Power Corporation (CPX:CA), a leading independent power producer with diversified assets across North America, is set to disclose its latest financial performance.
Renowned for delivering reliable power while pursuing decarbonization initiatives, the company’s upcoming results release is eagerly anticipated by investors and industry observers alike.
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Expected Q4 Earning Report of Capital Power Corporation:
Capital Power is scheduled to release its Q4 2024 earnings alongside its 2024 Integrated Annual Report before markets open on February 26, 2025. Management will host a conference call and webcast on the same day at 9:00 a.m. MT (11:00 a.m. ET) to discuss year-end financials and provide insights into environmental, social, and governance (ESG) metrics.
The Integrated Annual Report will include a Sustainability Accounting Standards Board (SASB) index and Task Force on Climate-related Financial Disclosures (TCFD), highlighting Capital Power’s ongoing commitment to transparent ESG reporting.
Stock Target Advisor’s Analysis on Capital Power Corporation:
According to Stock Target Advisor (STA) and data from 10 covering analysts, Capital Power Corporation currently trades at CAD 53.43 while the average 12-month target price is set at CAD 61.81, reflecting an overall optimistic sentiment.
The consensus analyst rating is “Buy,” and STA itself adopts a Bullish stance on the stock. This positive outlook is supported by 10 positive signals including strong market capitalization, robust profitability, and high dividend yields counterbalanced by 3 negative signals such as its relatively high valuation on cash flow metrics and below-median dividend growth.
Recent Analyst Targets:
- CIBC World Markets: Outperform, Target CAD 64 (as of 02/18/2025)
- Jefferies & Company: Buy, Target CAD 77 (02/04/2025)
- Desjardins Securities: Buy, Target raised from CAD 66 to CAD 69 (01/30/2025)
With these targets hovering notably above the current trading price, analysts appear to anticipate further upside. The stock’s one-year total return and strong fundamentals have reinforced its Bullish stance within the independent power producer sector.
Conclusion:
All eyes are on Capital Power’s Q4 2024 earnings release on February 26, 2025, as the company details its year-end results, strategic progress, and ESG performance in its Integrated Annual Report.
Investors will be keen to see how its diversified asset base, ongoing decarbonization projects, and solid cash flows shape the company’s growth trajectory in the year ahead.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
