Algonquin Power & Utilities Corp. (NYSE:AQN - Free Report) - Stock analysts at National Bank Financial issued their Q2 2025 EPS estimates for shares of Algonquin Power & Utilities in a research report issued on Sunday, June 8th. National Bank Financial analyst B. Sidhu expects that the utilities provider will post earnings of $0.03 per share for the quarter. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.38 per share. National Bank Financial also issued estimates for Algonquin Power & Utilities' Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.32 EPS and FY2026 earnings at $0.36 EPS.
A number of other research analysts have also recently issued reports on AQN. BMO Capital Markets reissued a "market perform" rating and issued a $6.00 price objective (up from $5.00) on shares of Algonquin Power & Utilities in a research note on Monday, May 12th. TD Securities boosted their target price on shares of Algonquin Power & Utilities from $6.00 to $6.50 and gave the company a "hold" rating in a report on Wednesday, June 4th. CIBC boosted their target price on shares of Algonquin Power & Utilities from $5.75 to $6.25 and gave the company a "neutral" rating in a report on Wednesday, June 4th. 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. Finally, Desjardins upped their price objective on shares of Algonquin Power & Utilities from $4.75 to $6.00 and gave the company a "hold" rating in a report on Wednesday, June 4th. One analyst has rated the stock with a sell rating and twelve have given a hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $6.31.
Read Our Latest Research Report on Algonquin Power & Utilities
Algonquin Power & Utilities Stock Performance
Algonquin Power & Utilities stock traded down $0.06 during trading hours on Wednesday, hitting $5.85. The company had a trading volume of 6,728,365 shares, compared to its average volume of 8,585,770. Algonquin Power & Utilities has a one year low of $4.19 and a one year high of $6.36. The firm has a 50-day moving average of $5.47 and a 200 day moving average of $4.96. The firm has a market cap of $4.49 billion, a PE ratio of -4.53 and a beta of 0.67. 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 released its earnings results on Friday, May 9th. The utilities provider reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.05. Algonquin Power & Utilities had a positive return on equity of 5.22% and a negative net margin of 39.12%. The firm had revenue of $692.40 million during the quarter, compared to analysts' expectations of $699.08 million. During the same quarter in the prior year, the company earned $0.14 EPS.
Algonquin Power & Utilities Dividend Announcement
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 paid 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 dividend payout ratio is currently -16.77%.
Hedge Funds Weigh In On Algonquin Power & Utilities
Hedge funds and other institutional investors have recently modified their holdings of the business. US Bancorp DE raised its holdings in shares of Algonquin Power & Utilities by 85.7% in the first 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 during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Algonquin Power & Utilities during the first quarter valued at $31,000. SVB Wealth LLC acquired a new stake in Algonquin Power & Utilities during the fourth quarter valued at $49,000. Atria Wealth Solutions Inc. acquired a new stake in shares of Algonquin Power & Utilities in the first quarter valued at about $51,000. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of Algonquin Power & Utilities in the fourth quarter valued at about $58,000. 62.28% of the stock is currently owned by institutional investors.
Algonquin Power & Utilities Company Profile
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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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