Algonquin Power & Utilities Corp. (NYSE:AQN - Free Report) - Research analysts at Desjardins lowered their Q3 2025 EPS estimates for shares of Algonquin Power & Utilities in a research report issued to clients and investors on Sunday, May 11th. Desjardins analyst B. Stadler now expects that the utilities provider will earn $0.05 per share for the quarter, down from their previous estimate of $0.06. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.38 per share. Desjardins also issued estimates for Algonquin Power & Utilities' Q4 2025 earnings at $0.06 EPS and FY2027 earnings at $0.36 EPS.
Several other research analysts also recently weighed in on the company. CIBC lowered their target price on Algonquin Power & Utilities from $5.50 to $5.25 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. National Bankshares decreased their target price on shares of Algonquin Power & Utilities from $6.75 to $6.25 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. Scotiabank lifted their price target on Algonquin Power & Utilities from $5.50 to $6.00 and gave the company a "sector perform" rating in a report on Monday. BMO Capital Markets reissued a "market perform" rating and issued a $6.00 target price (up from $5.00) on shares of Algonquin Power & Utilities in a research report on Monday. Finally, Royal Bank of Canada boosted their price objective on shares of Algonquin Power & Utilities from $5.50 to $6.00 and gave the company a "sector perform" rating in a research note on Monday. Nine investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $6.03.
Read Our Latest Research Report on AQN
Algonquin Power & Utilities Price Performance
Shares of NYSE AQN opened at $5.73 on Tuesday. The stock's 50-day moving average is $5.16 and its two-hundred day moving average is $4.82. The company has a market cap of $4.40 billion, a price-to-earnings ratio of -4.44 and a beta of 0.67. Algonquin Power & Utilities has a 1-year low of $4.19 and a 1-year high of $6.75. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.92 and a quick ratio of 0.73.
Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last posted its earnings results on Friday, May 9th. The utilities provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.05. Algonquin Power & Utilities had a negative net margin of 39.12% and a positive return on equity of 5.22%. The company had revenue of $692.40 million during the quarter, compared to the consensus estimate of $699.08 million. During the same period in the previous year, the firm posted $0.14 earnings per share.
Hedge Funds Weigh In On Algonquin Power & Utilities
A number of large investors have recently made changes to their positions in AQN. US Bancorp DE lifted its position in Algonquin Power & Utilities by 85.7% in the 1st quarter. US Bancorp DE now owns 4,887 shares of the utilities provider's stock worth $25,000 after buying an additional 2,256 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of Algonquin Power & Utilities during the first quarter worth $51,000. SVB Wealth LLC acquired a new stake in Algonquin Power & Utilities during the fourth quarter valued at $49,000. Sowell Financial Services LLC purchased a new position in Algonquin Power & Utilities in the first quarter valued at about $59,000. Finally, Oakwell Private Wealth Management LLC acquired a new position in Algonquin Power & Utilities in the 1st quarter worth about $63,000. Institutional investors and hedge funds own 62.28% of the company's stock.
Algonquin Power & Utilities Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 4.54%. The ex-dividend date of this dividend is Monday, June 30th. Algonquin Power & Utilities's dividend payout ratio is currently -15.48%.
Algonquin Power & Utilities Company Profile
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Get Free Report)
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.
Further Reading
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