Capital Power Lowers Q3 EPS Forecast Amid Analyst Ratings Changes

Research analysts at Atb Cap Markets have revised their earnings per share (EPS) estimates for Capital Power Co. (TSE: CPX) for the third quarter of 2025. In a note issued to investors on October 19, 2023, analyst N. Heywood projected that the company will earn $0.97 per share, a decrease from the previous estimate of $1.05. This adjustment comes as Capital Power’s consensus estimate for the current full-year earnings stands at $2.82 per share.

A series of recent reports have scrutinized Capital Power’s stock performance. On the same day, CIBC raised its price target for the company from C$72.00 to C$85.00, assigning an “outperform” rating. Earlier, on September 19, ATB Capital also increased its target price from C$60.00 to C$68.00, maintaining a “sector perform” rating.

In a shift in sentiment, the Royal Bank of Canada upgraded Capital Power from a “sector perform” rating to “outperform” while adjusting the target price from C$65.00 to C$67.00 in a note dated July 31. Additionally, Evercore ISI elevated the stock to a “strong-buy” rating on October 6, highlighting growing confidence in the company’s potential.

Furthermore, National Bankshares increased its price objective for Capital Power from C$64.00 to C$66.00, also assigning an “outperform” rating in their report dated September 19. Overall, two equities research analysts have rated the company with a “Strong Buy,” while six have issued a “Buy” rating, and four have recommended a “Hold.” According to data from MarketBeat, Capital Power currently holds an average rating of “Moderate Buy” with a target price of C$71.67.

Current Stock Performance and Financial Metrics

As of the last trading session, Capital Power’s stock opened at C$70.31. The company maintains a debt-to-equity ratio of 136.03, a current ratio of 1.05, and a quick ratio of 0.55. Capital Power boasts a market capitalization of C$10.91 billion and operates with a price-to-earnings (P/E) ratio of 22.54 and a price/earnings to growth (PEG) ratio of 0.91. The company’s stock has a beta of 0.49, indicating lower volatility compared to the market.

Over the past year, Capital Power has seen its stock fluctuate between a low of C$41.87 and a high of C$73.51. The company’s 50-day moving average price stands at C$63.73, while the 200-day moving average is at C$57.71. This performance reflects a dynamic period for Capital Power as it navigates both market challenges and opportunities.

About Capital Power

Capital Power Corporation is a North American energy producer focused on developing, acquiring, and operating power plants. Through its subsidiary, it owns and operates a diverse portfolio of energy-generating facilities, including natural gas, coal, wind, solar, and solid fuel plants, located across Western and Central Canada as well as the United States.

With a strong commitment to sustainable energy production, Capital Power continues to adapt and respond to the evolving landscape of the energy sector. The adjustments in earnings forecasts and stock ratings reflect the ongoing analysis and expectations surrounding the company’s future performance.