Alterra Power Corp Forecasted to Earn Q3 2017 Earnings of $0.20 Per Share (AXY)
Alterra Power Corp (TSE:AXY) – Research analysts at National Bank Financial dropped their Q3 2017 EPS estimates for shares of Alterra Power Corp in a research report issued on Sunday. National Bank Financial analyst R. Merer now expects that the company will post earnings per share of $0.20 for the quarter, down from their prior forecast of $0.21.
Separately, Raymond James Financial, Inc. upped their target price on Alterra Power Corp from C$8.00 to C$9.00 and gave the stock an “outperform” rating in a report on Thursday, June 22nd.
Shares of Alterra Power Corp (TSE:AXY) opened at 5.16 on Tuesday. The stock’s 50 day moving average price is $5.49 and its 200-day moving average price is $5.28. Alterra Power Corp has a 1-year low of $4.20 and a 1-year high of $6.98.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were given a $0.013 dividend. This represents a $0.05 annualized dividend and a dividend yield of 1.01%. The ex-dividend date was Tuesday, August 29th.
About Alterra Power Corp
Alterra Power Corp. is a leading global renewable energy company.
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