Algonquin Power & Utilities Corp. (NYSE:AQN) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Consensus "Hold": Thirteen brokerages rate Algonquin Power & Utilities an average of "Hold" (7 holds, 6 buys) with a one‑year average price target of about $6.68, near the current trading range.
• Earnings and guidance: The company beat quarterly estimates with $0.06 EPS and $630.7M revenue, raised FY‑2027 guidance to $0.380‑0.420 EPS (FY‑2026 guidance 0.350‑0.370), and analysts on average expect ~0.37 EPS for the current year.
• Dividend yield vs. payout: Algonquin pays a $0.065 quarterly dividend (annualized $0.26), a 4.2% yield, but the dividend payout ratio is high at 113%, which may raise sustainability concerns.

Shares of Algonquin Power & Utilities Corp. (NYSE:AQN - Get Free Report) have been assigned an average recommendation of "Hold" from the thirteen brokerages that are currently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $6.6818.

Several equities analysts have commented on the stock. Wall Street Zen lowered shares of Algonquin Power & Utilities from a "buy" rating to a "hold" rating in a report on Sunday, March 15th. Weiss Ratings upgraded shares of Algonquin Power & Utilities from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, April 21st. Raymond James Financial upgraded shares of Algonquin Power & Utilities from a "market perform" rating to an "outperform" rating and raised their price target for the company from $6.50 to $7.25 in a research note on Monday, March 9th. Barclays assumed coverage on shares of Algonquin Power & Utilities in a research note on Wednesday, April 1st. They issued an "overweight" rating and a $7.00 price target on the stock. Finally, Zacks Research downgraded shares of Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 9th.

Institutional Investors Weigh In On Algonquin Power & Utilities

Hedge funds have recently made changes to their positions in the stock. Quarry LP acquired a new stake in shares of Algonquin Power & Utilities in the 3rd quarter valued at approximately $29,000. Group One Trading LLC boosted its stake in shares of Algonquin Power & Utilities by 63.3% in the 4th quarter. Group One Trading LLC now owns 7,479 shares of the utilities provider's stock valued at $46,000 after purchasing an additional 2,900 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Algonquin Power & Utilities in the 4th quarter valued at approximately $47,000. Tudor Investment Corp ET AL acquired a new stake in shares of Algonquin Power & Utilities in the 4th quarter valued at approximately $62,000. Finally, Fiera Capital Corp acquired a new stake in shares of Algonquin Power & Utilities in the 3rd quarter valued at approximately $55,000. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Algonquin Power & Utilities Price Performance

AQN stock opened at $6.25 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.27. Algonquin Power & Utilities has a 12 month low of $5.26 and a 12 month high of $7.11. The firm has a market cap of $4.81 billion, a P/E ratio of 27.17 and a beta of 0.78. The company's 50-day moving average price is $6.42 and its two-hundred day moving average price is $6.25.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last released its earnings results on Friday, March 6th. The utilities provider reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. Algonquin Power & Utilities had a net margin of 7.32% and a return on equity of 5.47%. The firm had revenue of $630.70 million for the quarter, compared to analyst estimates of $625.77 million. During the same period last year, the firm earned $0.06 EPS. The business's quarterly revenue was up 7.8% compared to the same quarter last year. Algonquin Power & Utilities has set its FY 2027 guidance at 0.380-0.420 EPS and its FY 2026 guidance at 0.350-0.370 EPS. On average, analysts anticipate that Algonquin Power & Utilities will post 0.37 earnings per share for the current fiscal year.

Algonquin Power & Utilities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Tuesday, March 31st. Algonquin Power & Utilities's dividend payout ratio (DPR) is presently 113.04%.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp NYSE: AQN is a diversified generation, transmission and distribution utility company headquartered in Oakville, Ontario. Established in 1988, the firm operates through two primary business segments: Regulated Utilities and Renewable Energy. Its Regulated Utilities segment comprises electric, natural gas and water distribution networks serving residential, commercial and industrial customers across North America, while its Renewable Energy portfolio includes hydroelectric, solar, wind and thermal generation facilities.

The company's renewable energy assets span multiple jurisdictions in Canada and the United States, reflecting its strategy to expand clean power capacity in regions with supportive regulatory frameworks.

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