Algonquin Power & Utilities (NYSE:AQN) Announces FY 2026 Earnings Guidance

Key Points

• Algonquin Power & Utilities guided to FY 2026 EPS of $0.35–$0.37, around the $0.36 analyst consensus, and FY 2027 EPS of $0.38–$0.42.
• The company reported quarterly EPS of $0.11, beating the $0.10 consensus estimate by one cent.
• Shares fell 1.0% to $5.58. Analysts’ consensus rating was Hold, with an average price target of $6.59.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.350-0.370 for the period, compared to the consensus earnings per share estimate of 0.360. Algonquin Power & Utilities also updated its FY 2027 guidance to 0.380-0.420 EPS.

Algonquin Power & Utilities Trading Down 1.0%

AQN traded down $0.06 during trading hours on Friday, reaching $5.58. 2,417,029 shares of the company's stock traded hands, compared to its average volume of 4,400,358. The firm has a 50-day moving average price of $5.32 and a 200 day moving average price of $5.94. Algonquin Power & Utilities has a 52-week low of $4.91 and a 52-week high of $7.11. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $4.30 billion, a PE ratio of 29.40 and a beta of 0.73.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last released its earnings results on Friday, November 6th. The utilities provider reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. Algonquin Power & Utilities had a return on equity of 5.16% and a net margin of 5.77%. Algonquin Power & Utilities has set its FY 2027 guidance at 0.380-0.420 EPS and its FY 2026 guidance at 0.350-0.370 EPS. As a group, sell-side analysts predict that Algonquin Power & Utilities will post 0.35 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on AQN shares. Weiss Ratings lowered shares of Algonquin Power & Utilities from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, October 8th. Canadian Imperial Bank of Commerce lowered their price objective on shares of Algonquin Power & Utilities from $6.00 to $5.75 and set a "neutral" rating for the company in a research report on Wednesday, October 28th. Huntington started coverage on shares of Algonquin Power & Utilities in a research note on Monday, September 14th. They issued an "outperform" rating and a $7.00 target price on the stock. Barclays reduced their target price on shares of Algonquin Power & Utilities from $7.00 to $6.00 and set an "overweight" rating on the stock in a research report on Thursday, October 1st. Finally, National Bank Financial set a $7.00 target price on shares of Algonquin Power & Utilities and gave the stock an "outperform" rating in a research report on Tuesday, September 1st. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $6.59.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. is a Canadian utility company that owns and operates regulated electric, natural gas and water distribution businesses. Through its Liberty operating brands, the company provides essential utility services to residential, commercial and industrial customers in communities across the United States and Canada.

The company's regulated utility operations include electricity distribution and generation, natural gas distribution, and water and wastewater services.

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