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

Key Points

• Algonquin Power & Utilities revised its FY 2026 earnings per share (EPS) guidance to 0.350-0.370, aligning closely with the consensus estimate of 0.360.
• The company announced a quarterly dividend of $0.065 per share, with a dividend yield of 4.5%, scheduled for payment on October 15th.
• Algonquin Power & Utilities has seen varied analyst ratings, with a consensus price target of $6.31, as multiple firms adjusted their price objectives recently.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 0.350-0.370 for the period, compared to the consensus EPS estimate of 0.360. The company issued revenue guidance of -. Algonquin Power & Utilities also updated its FY 2025 guidance to 0.300-0.320 EPS.

Algonquin Power & Utilities Stock Performance

NYSE:AQN opened at $5.76 on Friday. The firm has a market capitalization of $4.42 billion, a PE ratio of -3.74 and a beta of 0.68. The company has a current ratio of 1.16, a quick ratio of 0.94 and a debt-to-equity ratio of 1.21. Algonquin Power & Utilities has a 1 year low of $4.19 and a 1 year high of $6.24. The firm's fifty day simple moving average is $5.84 and its 200 day simple moving average is $5.32.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. Algonquin Power & Utilities had a negative net margin of 48.78% and a positive return on equity of 4.74%. During the same period in the prior year, the business earned $0.09 EPS. On average, sell-side analysts anticipate that Algonquin Power & Utilities will post 0.38 EPS for the current year.

Algonquin Power & Utilities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 4.5%. Algonquin Power & Utilities's dividend payout ratio (DPR) is currently -16.77%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Scotiabank lifted their price objective on Algonquin Power & Utilities from $6.00 to $6.50 and gave the company a "sector perform" rating in a report on Wednesday, June 4th. National Bank Financial upgraded shares of Algonquin Power & Utilities to a "hold" rating in a research note on Sunday, June 8th. BMO Capital Markets reaffirmed a "market perform" rating and set a $6.00 target price (up previously from $5.00) on shares of Algonquin Power & Utilities in a report on Monday, May 12th. Royal Bank Of Canada 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 research report on Wednesday, June 4th. Finally, National Bankshares downgraded shares of Algonquin Power & Utilities from an "outperform" rating to a "sector perform" rating and set a $6.75 price objective for the company. in a research report on Wednesday, June 4th. One investment analyst has rated the stock with a sell rating and twelve have assigned a hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $6.31.

Hedge Funds Weigh In On Algonquin Power & Utilities

An institutional investor recently bought a new position 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 2nd quarter, according to its most recent disclosure with the SEC. The fund 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.

Algonquin Power & Utilities Company Profile

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.

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