Desjardins Issues Positive Estimate for AQN Earnings

Key Points

• Desjardins has raised its Q4 2025 earnings per share (EPS) estimate for Algonquin Power & Utilities to $0.08, increasing from the previous forecast of $0.07, while maintaining a "Hold" rating and a target price of $6.00.
• Despite positive revisions, the stock has mixed ratings from analysts, including a downgrade to "sell" by Wall Street Zen and upgrades from Scotiabank and TD Securities to a target of $6.50.
• Algonquin Power & Utilities reported earnings of $0.04 per share for the previous quarter, matching analysts' expectations, with a significant negative net margin of 48.78% and a current debt-to-equity ratio of 1.21.

Algonquin Power & Utilities Corp. (NYSE:AQN - Free Report) - Equities researchers at Desjardins lifted their Q4 2025 EPS estimates for shares of Algonquin Power & Utilities in a research note issued on Wednesday, August 6th. Desjardins analyst B. Stadler now forecasts that the utilities provider will earn $0.08 per share for the quarter, up from their prior forecast of $0.07. Desjardins has a "Hold" rating and a $6.00 price target on the stock. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.38 per share.

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, meeting analysts' consensus estimates of $0.04. The firm had revenue of $535.59 million during the quarter, compared to analyst estimates of $535.64 million. Algonquin Power & Utilities had a negative net margin of 57.66% and a positive return on equity of 4.60%. During the same quarter in the prior year, the firm posted $0.09 EPS.

A number of other equities analysts have also issued reports on the stock. National Bankshares lowered shares of Algonquin Power & Utilities from an "outperform" rating to a "sector perform" rating and set a $6.75 target price for the company. in a research report on Wednesday, June 4th. Wall Street Zen lowered shares of Algonquin Power & Utilities from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Scotiabank upped their price objective on shares of Algonquin Power & Utilities from $6.00 to $6.50 and gave the company a "sector perform" rating in a research note on Wednesday, June 4th. CIBC upped their price objective on shares of Algonquin Power & Utilities from $5.75 to $6.25 and gave the company a "neutral" rating in a research note on Wednesday, June 4th. Finally, BMO Capital Markets reaffirmed a "market perform" rating and set a $6.00 price objective (up from $5.00) on shares of Algonquin Power & Utilities in a research note on Monday, May 12th. One research analyst has rated the stock with a sell rating and twelve have assigned a hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $6.31.

Algonquin Power & Utilities Price Performance

AQN traded down $0.24 on Friday, reaching $5.68. The company had a trading volume of 7,098,983 shares, compared to its average volume of 6,444,505. The company has a fifty day moving average of $5.85 and a 200-day moving average of $5.34. The company has a market capitalization of $4.36 billion, a P/E ratio of -3.16 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 one year low of $4.19 and a one year 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. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 4.6%. Algonquin Power & Utilities's dividend payout ratio (DPR) is presently -14.44%.

Hedge Funds Weigh In On Algonquin Power & Utilities

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its holdings in Algonquin Power & Utilities by 7.0% during the second quarter. Geode Capital Management LLC now owns 1,613,145 shares of the utilities provider's stock valued at $9,243,000 after purchasing an additional 105,560 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Algonquin Power & Utilities during the second quarter valued at approximately $7,973,000. Wedbush Securities Inc. acquired a new stake in shares of Algonquin Power & Utilities in the second quarter worth $58,000. Kayne Anderson Capital Advisors LP acquired a new stake in shares of Algonquin Power & Utilities in the second quarter worth $4,607,000. Finally, Moors & Cabot Inc. acquired a new stake in shares of Algonquin Power & Utilities in the second quarter worth $99,000. 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.