Algonquin Power & Utilities (NYSE:AQN) Announces FY 2027 Earnings Guidance

Key Points

• Algonquin Power & Utilities set FY 2027 EPS guidance at $0.38–$0.42, versus analysts’ consensus estimate of $0.41, and FY 2026 guidance at $0.35–$0.37.
• The company reported quarterly EPS of $0.11, topping the $0.10 consensus estimate by one cent.
• Shares fell 1.0% to $5.58. Analysts’ consensus rating is “Hold,” with an average price target of $6.59.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.380-0.420 for the period, compared to the consensus estimate of 0.410. Algonquin Power & Utilities also updated its FY 2026 guidance to 0.350-0.370 EPS.

Algonquin Power & Utilities Stock Down 1.0%

Shares of NYSE:AQN traded down $0.06 during midday trading on Friday, reaching $5.58. 2,417,029 shares of the company were exchanged, compared to its average volume of 4,400,358. Algonquin Power & Utilities has a fifty-two week low of $4.91 and a fifty-two 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 stock has a fifty day simple moving average of $5.32 and a two-hundred day simple moving average of $5.94. The firm has a market cap 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 announced 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 net margin of 5.77% and a return on equity of 5.16%. 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 forecast that Algonquin Power & Utilities will post 0.35 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on AQN shares. Huntington assumed coverage on Algonquin Power & Utilities in a report on Monday, September 14th. They set an "outperform" rating and a $7.00 price objective for the company. National Bank Financial set a $7.00 target price on Algonquin Power & Utilities and gave the company an "outperform" rating in a research note on Tuesday, September 1st. Weiss Ratings downgraded Algonquin Power & Utilities from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, October 8th. Canadian Imperial Bank of Commerce reduced their price target on 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. Finally, TD set a $6.00 price target on shares of Algonquin Power & Utilities and gave the stock a "hold" rating in a research note on Monday, August 31st. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $6.59.

Algonquin Power & Utilities Company Profile

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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