Algonquin Power & Utilities (AQN) to Release Quarterly Earnings on Friday

Key Points

• Algonquin Power & Utilities is expected to release its Q2 2025 earnings on August 8th, with projections of $0.04 earnings per share and $535.64 million in revenue.
• The company's recent earnings report showed a decrease in revenue, reporting $692.40 million compared to the expected $699.08 million, despite beating EPS estimates.
• Goldman Sachs significantly increased its stake in Algonquin Power & Utilities by 65% in Q1, indicating institutional confidence in the stock, which has a current market cap of $4.53 billion.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Friday, August 8th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $535.64 million for the quarter.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last released its earnings results on Friday, May 9th. The utilities provider reported $0.14 EPS for the quarter, topping the consensus estimate of $0.09 by $0.05. Algonquin Power & Utilities had a negative net margin of 48.78% and a positive return on equity of 4.74%. The company had revenue of $692.40 million during the quarter, compared to analysts' expectations of $699.08 million. During the same quarter last year, the business earned $0.14 EPS. On average, analysts expect Algonquin Power & Utilities to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Algonquin Power & Utilities Stock Performance

Shares of AQN stock traded up $0.11 during mid-day trading on Monday, hitting $6.01. The stock had a trading volume of 730,226 shares, compared to its average volume of 10,721,284. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.16 and a quick ratio of 0.94. Algonquin Power & Utilities has a fifty-two week low of $4.19 and a fifty-two week high of $6.26. The company's 50-day simple moving average is $5.81 and its 200-day simple moving average is $5.29. The firm has a market cap of $4.61 billion, a PE ratio of -3.87 and a beta of 0.68.

Algonquin Power & Utilities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a $0.065 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.26 annualized dividend and a dividend yield of 4.3%. Algonquin Power & Utilities's dividend payout ratio (DPR) is -16.77%.

Analyst Upgrades and Downgrades

AQN has been the subject of a number of research reports. Wall Street Zen cut shares of Algonquin Power & Utilities from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Desjardins lifted their target price on shares of Algonquin Power & Utilities from $4.75 to $6.00 and gave the stock a "hold" rating in a research report on Wednesday, June 4th. Scotiabank lifted their price target on shares of Algonquin Power & Utilities from $6.00 to $6.50 and gave the stock a "sector perform" rating in a report on Wednesday, June 4th. Raymond James Financial lifted their price target on shares of Algonquin Power & Utilities from $5.00 to $6.00 and gave the stock a "market perform" rating in a report on Wednesday, June 4th. Finally, National Bank Financial upgraded shares of Algonquin Power & Utilities to a "hold" rating in a report on Sunday, June 8th. One equities research analyst has rated the stock with a sell rating and twelve have given a hold rating to the stock. According to MarketBeat.com, Algonquin Power & Utilities currently has an average rating of "Hold" and an average price target of $6.31.

Institutional Trading of Algonquin Power & Utilities

A hedge fund recently bought a new stake in Algonquin Power & Utilities stock. Envestnet Asset Management Inc. bought a new position in shares of Algonquin Power & Utilities Corp. (NYSE:AQN - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,834 shares of the utilities provider's stock, valued at approximately $85,000. Institutional investors and hedge funds own 62.28% of the company's stock.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.