Desjardins Issues Optimistic Outlook for AQN Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN - Free Report) - Desjardins raised their Q3 2025 earnings estimates for shares of Algonquin Power & Utilities in a research note issued on Wednesday, June 4th. Desjardins analyst B. Stadler now expects that the utilities provider will post earnings of $0.06 per share for the quarter, up from their previous forecast of $0.05. Desjardins currently has a "Hold" rating and a $6.00 target price on the stock. 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 $0.07 EPS.

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 for the quarter, beating the consensus estimate of $0.09 by $0.05. The firm had revenue of $692.40 million during the quarter, compared to analyst estimates of $699.08 million. Algonquin Power & Utilities had a negative net margin of 39.12% and a positive return on equity of 5.22%. During the same period in the previous year, the firm earned $0.14 EPS.

A number of other research firms have also recently weighed in on AQN. CIBC upped their price objective on shares of Algonquin Power & Utilities from $5.75 to $6.25 and gave the stock a "neutral" rating in a research report on Wednesday, June 4th. Raymond James upped their target price on shares of Algonquin Power & Utilities from $5.00 to $6.00 and gave the stock a "market perform" rating in a report on Wednesday, June 4th. Wall Street Zen lowered shares of Algonquin Power & Utilities from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. National Bank Financial 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 report on Wednesday, June 4th. Finally, 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 report on Wednesday, June 4th. One research analyst has rated the stock with a sell rating and twelve have issued a hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $6.31.

Algonquin Power & Utilities Stock Performance

NYSE:AQN opened at $5.86 on Monday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.73 and a current ratio of 0.92. The company has a fifty day moving average of $5.38 and a two-hundred day moving average of $4.93. The stock has a market capitalization of $4.50 billion, a PE ratio of -4.54 and a beta of 0.67. Algonquin Power & Utilities has a fifty-two week low of $4.19 and a fifty-two week high of $6.36.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AQN. EdgePoint Investment Group Inc. lifted its position in Algonquin Power & Utilities by 84.9% in the first quarter. EdgePoint Investment Group Inc. now owns 42,223,594 shares of the utilities provider's stock valued at $216,868,000 after buying an additional 19,392,805 shares during the last quarter. FIL Ltd lifted its position in shares of Algonquin Power & Utilities by 85.6% during the fourth quarter. FIL Ltd now owns 40,886,793 shares of the utilities provider's stock worth $181,473,000 after purchasing an additional 18,857,515 shares in the last quarter. Southpoint Capital Advisors LP acquired a new stake in shares of Algonquin Power & Utilities during the first quarter worth about $51,400,000. Norges Bank acquired a new stake in shares of Algonquin Power & Utilities during the fourth quarter worth about $31,508,000. Finally, Ariel Investments LLC acquired a new stake in shares of Algonquin Power & Utilities during the first quarter worth about $35,735,000. Institutional investors and hedge funds own 62.28% of the company's stock.

Algonquin Power & Utilities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.065 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.26 dividend on an annualized basis and a yield of 4.44%. Algonquin Power & Utilities's payout ratio is currently -16.77%.

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.

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