Algonquin Power & Utilities (NYSE:AQN) Issues FY 2026 Earnings Guidance

Key Points

• Algonquin Power & Utilities issued FY 2026 EPS guidance of $0.35–$0.37, broadly in line with the $0.36 analyst consensus, and set FY 2027 guidance at $0.38–$0.42.
• The company’s latest quarterly EPS of $0.04 missed estimates of $0.05. Shares opened at $5.69, within a 52-week range of $5.32 to $7.11.
• Analyst sentiment remains moderately positive, with a consensus “Moderate Buy” rating and an average price target of $6.81; institutional investors and hedge funds own 62.28% of the stock.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.350-0.370 for the period, compared to the consensus estimate of 0.360. The company issued revenue guidance of -. Algonquin Power & Utilities also updated its FY 2027 guidance to 0.380-0.420 EPS.

Analyst Ratings Changes

AQN has been the subject of several analyst reports. National Bank Financial lowered their price objective on Algonquin Power & Utilities from $7.25 to $7.00 and set an "outperform" rating for the company in a research report on Friday, July 3rd. Wells Fargo & Company initiated coverage on Algonquin Power & Utilities in a report on Tuesday, May 12th. They set an "equal weight" rating and a $7.00 price objective on the stock. Weiss Ratings restated a "hold (c)" rating on shares of Algonquin Power & Utilities in a research report on Friday, July 17th. Finally, Canadian Imperial Bank of Commerce boosted their target price on Algonquin Power & Utilities from $6.25 to $6.50 and gave the stock a "neutral" rating in a research report on Monday, April 20th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $6.81.

Algonquin Power & Utilities Stock Performance

NYSE:AQN opened at $5.69 on Friday. The company has a market cap of $4.38 billion, a P/E ratio of 25.89 and a beta of 0.70. The company has a quick ratio of 0.87, a current ratio of 1.05 and a debt-to-equity ratio of 1.26. The firm's 50 day moving average is $5.85 and its two-hundred day moving average is $6.18. Algonquin Power & Utilities has a fifty-two week low of $5.32 and a fifty-two week high of $7.11.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last issued its earnings results on Friday, August 7th. The utilities provider reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). Algonquin Power & Utilities had a net margin of 6.62% and a return on equity of 5.21%. During the same period last year, the firm posted $0.04 earnings per share. 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. Analysts expect that Algonquin Power & Utilities will post 0.36 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AQN. Quarry LP acquired a new stake in Algonquin Power & Utilities during the 3rd quarter valued at $29,000. Group One Trading LLC lifted its stake in shares of Algonquin Power & Utilities by 63.3% in the fourth quarter. Group One Trading LLC now owns 7,479 shares of the utilities provider's stock worth $46,000 after acquiring an additional 2,900 shares in the last quarter. NewEdge Advisors LLC purchased a new position in shares of Algonquin Power & Utilities during the 4th quarter valued at approximately $47,000. Vise Technologies Inc. acquired a new stake in shares of Algonquin Power & Utilities during the third quarter worth approximately $56,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Algonquin Power & Utilities in the fourth quarter worth $62,000. 62.28% of the stock is owned by institutional investors and hedge funds.

About Algonquin Power & Utilities

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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