AQN Q3 EPS Forecast Lowered by National Bank Financial

Key Points

• National Bank Financial has reduced its Q3 2025 earnings per share estimate for Algonquin Power & Utilities to $0.07, down from $0.08, while maintaining a "Hold" rating on the stock.
• The company reported $0.04 earnings per share for its last quarter, meeting analysts' expectations, despite a decrease from $0.09 earnings per share in the same quarter last year.
• Algonquin Power & Utilities announced a quarterly dividend of $0.065 per share, which equates to an annualized yield of 4.6%, with the payment scheduled for October 15th.

Algonquin Power & Utilities Corp. (NYSE:AQN - Free Report) - Research analysts at National Bank Financial dropped their Q3 2025 EPS estimates for Algonquin Power & Utilities in a report issued on Sunday, August 10th. National Bank Financial analyst B. Sidhu now forecasts that the utilities provider will post earnings of $0.07 per share for the quarter, down from their previous estimate of $0.08. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.38 per share. National Bank Financial also issued estimates for Algonquin Power & Utilities' Q4 2025 earnings at $0.06 EPS, FY2026 earnings at $0.37 EPS and FY2027 earnings at $0.44 EPS.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last announced its earnings results 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 57.66% and a positive return on equity of 4.76%. The company had revenue of $535.59 million during the quarter, compared to analyst estimates of $535.64 million. During the same period in the previous year, the business earned $0.09 earnings per share.

Other analysts also recently issued reports about the stock. Royal Bank Of Canada boosted 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 note on Wednesday, June 4th. National Bankshares downgraded shares of Algonquin Power & Utilities from an "outperform" rating to a "sector perform" rating and set a $6.75 price target for the company. in a research note on Wednesday, June 4th. Wall Street Zen downgraded shares of Algonquin Power & Utilities from a "hold" rating to a "sell" rating in a research note on Saturday. Scotiabank boosted 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 note on Wednesday, June 4th. Finally, Raymond James Financial upped their price objective on shares of Algonquin Power & Utilities from $5.00 to $6.00 and gave the company a "market perform" rating in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a sell rating and twelve have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $6.31.

Algonquin Power & Utilities Trading Down 0.5%

Algonquin Power & Utilities stock traded down $0.03 during mid-day trading on Tuesday, hitting $5.84. The company's stock had a trading volume of 3,596,734 shares, compared to its average volume of 6,790,534. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.09 and a quick ratio of 0.94. The stock has a market cap of $4.49 billion, a price-to-earnings ratio of -3.24 and a beta of 0.67. The business has a 50 day moving average price of $5.84 and a 200-day moving average price of $5.37. Algonquin Power & Utilities has a 12 month low of $4.19 and a 12 month high of $6.24.

Algonquin Power & Utilities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 30th. Algonquin Power & Utilities's dividend payout ratio is presently -14.44%.

Hedge Funds Weigh In On Algonquin Power & Utilities

A number of institutional investors have recently bought and sold shares of AQN. Public Sector Pension Investment Board increased its stake in shares of Algonquin Power & Utilities by 2.5% during the second quarter. Public Sector Pension Investment Board now owns 74,271 shares of the utilities provider's stock valued at $424,000 after purchasing an additional 1,800 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Algonquin Power & Utilities by 16.3% during the first quarter. Bank of New York Mellon Corp now owns 14,809 shares of the utilities provider's stock valued at $76,000 after purchasing an additional 2,073 shares in the last quarter. Ballentine Partners LLC increased its stake in shares of Algonquin Power & Utilities by 10.6% during the second quarter. Ballentine Partners LLC now owns 23,484 shares of the utilities provider's stock valued at $135,000 after purchasing an additional 2,242 shares in the last quarter. US Bancorp DE increased its stake in shares of Algonquin Power & Utilities by 85.7% during the first quarter. US Bancorp DE now owns 4,887 shares of the utilities provider's stock valued at $25,000 after purchasing an additional 2,256 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its stake in shares of Algonquin Power & Utilities by 5.2% during the first quarter. DekaBank Deutsche Girozentrale now owns 114,834 shares of the utilities provider's stock valued at $583,000 after purchasing an additional 5,693 shares in the last quarter. 62.28% of the stock is owned by institutional investors.

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.