Q2 Earnings Forecast for AQN Issued By Raymond James

Algonquin Power & Utilities Corp. (NYSE:AQN - Free Report) - Equities research analysts at Raymond James cut their Q2 2025 EPS estimates for Algonquin Power & Utilities in a research report issued to clients and investors on Monday, May 12th. Raymond James analyst T. Genzebu now forecasts that the utilities provider will post earnings of $0.04 per share for the quarter, down from their prior estimate of $0.06. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.38 per share. Raymond James also issued estimates for Algonquin Power & Utilities' Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.06 EPS, FY2025 earnings at $0.29 EPS and Q1 2026 earnings at $0.11 EPS.

Other equities research analysts have also recently issued research reports about the stock. Royal Bank of Canada upped their price objective on shares of Algonquin Power & Utilities from $5.50 to $6.00 and gave the stock a "sector perform" rating in a research report on Monday. Scotiabank increased their target price on shares of Algonquin Power & Utilities from $5.50 to $6.00 and gave the stock a "sector perform" rating in a report on Monday. CIBC dropped their target price on shares of Algonquin Power & Utilities from $5.50 to $5.25 and set a "neutral" rating for the company in a report on Thursday, April 24th. BMO Capital Markets reissued a "market perform" rating and issued a $6.00 target price (up previously from $5.00) on shares of Algonquin Power & Utilities in a report on Monday. Finally, National Bankshares dropped their target price on shares of Algonquin Power & Utilities from $6.75 to $6.25 and set an "outperform" rating for the company in a report on Tuesday, February 11th. Nine research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $6.03.

Algonquin Power & Utilities Trading Down 4.4%

AQN opened at $5.73 on Tuesday. Algonquin Power & Utilities has a twelve month low of $4.19 and a twelve month high of $6.75. The company has a 50-day simple moving average of $5.16 and a 200 day simple moving average of $4.82. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $4.40 billion, a price-to-earnings ratio of -4.44 and a beta of 0.67.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last announced its earnings results on Friday, May 9th. The utilities provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.05. Algonquin Power & Utilities had a negative net margin of 39.12% and a positive return on equity of 5.22%. The company had revenue of $692.40 million during the quarter, compared to analysts' expectations of $699.08 million. During the same quarter in the previous year, the business posted $0.14 earnings per share.

Algonquin Power & Utilities Dividend Announcement

The company 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 dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date is Monday, June 30th. Algonquin Power & Utilities's dividend payout ratio is presently -15.48%.

Institutional Trading of Algonquin Power & Utilities

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AQN. FIL Ltd increased its position in Algonquin Power & Utilities by 85.6% during the 4th quarter. FIL Ltd now owns 40,886,793 shares of the utilities provider's stock valued at $181,473,000 after purchasing an additional 18,857,515 shares during the period. Norges Bank acquired a new stake in Algonquin Power & Utilities during the 4th quarter valued at approximately $31,508,000. EdgePoint Investment Group Inc. grew its position in shares of Algonquin Power & Utilities by 32.8% during the 4th quarter. EdgePoint Investment Group Inc. now owns 22,830,789 shares of the utilities provider's stock worth $101,202,000 after buying an additional 5,640,705 shares during the period. Packer & Co Ltd acquired a new stake in shares of Algonquin Power & Utilities during the 1st quarter worth approximately $23,197,000. Finally, Private Management Group Inc. grew its position in shares of Algonquin Power & Utilities by 161.2% during the 4th quarter. Private Management Group Inc. now owns 5,924,983 shares of the utilities provider's stock worth $26,366,000 after buying an additional 3,656,840 shares during the period. Institutional investors and hedge funds own 62.28% of the company's stock.

Algonquin Power & Utilities Company Profile

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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