Desjardins Has Positive Outlook for TSE:AQN Q2 Earnings

Algonquin Power & Utilities Corp. (TSE:AQN - Free Report) - Analysts at Desjardins upped their Q2 2025 earnings per share estimates for Algonquin Power & Utilities in a report released on Wednesday, June 4th. Desjardins analyst B. Stadler now expects that the company will earn $0.07 per share for the quarter, up from their prior forecast of $0.06. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.47 per share. Desjardins also issued estimates for Algonquin Power & Utilities' FY2025 earnings at $0.41 EPS and FY2027 earnings at $0.58 EPS.

Other analysts also recently issued reports about the company. TD Securities increased their price target on Algonquin Power & Utilities from C$6.00 to C$6.50 and gave the stock a "hold" rating in a report on Wednesday. National Bank Financial downgraded Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating and set a C$6.75 price target for the company. in a report on Tuesday. Finally, BMO Capital Markets downgraded Algonquin Power & Utilities from a "strong-buy" rating to a "hold" rating in a report on Monday, May 12th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of C$6.63.

Algonquin Power & Utilities Trading Up 0.4%

Algonquin Power & Utilities stock traded up C$0.03 during trading hours on Friday, reaching C$8.02. 2,329,099 shares of the company's stock were exchanged, compared to its average volume of 2,409,481. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 154.35. The firm's 50 day simple moving average is C$7.47 and its 200 day simple moving average is C$6.96. Algonquin Power & Utilities has a twelve month low of C$6.03 and a twelve month high of C$8.76. The firm has a market capitalization of C$4.35 billion, a PE ratio of -4.02, a PEG ratio of 1.07 and a beta of 0.52.

Algonquin Power & Utilities (TSE:AQN - Get Free Report) last issued its quarterly earnings results on Friday, March 7th. The company reported C$0.06 earnings per share for the quarter, missing analysts' consensus estimates of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative return on equity of 19.30% and a negative net margin of 39.22%. During the same period last year, the company earned $0.16 EPS.

Insider Activity

In other news, Director Randy David Laney bought 9,795 shares of Algonquin Power & Utilities stock in a transaction dated Monday, March 10th. The stock was bought at an average cost of C$7.02 per share, for a total transaction of C$68,803.21. 0.06% of the stock is currently owned by company insiders.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.