Equities Analysts Set Expectations for AQN FY2025 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN - Free Report) - Equities research analysts at Raymond James raised their FY2025 EPS estimates for Algonquin Power & Utilities in a report issued on Wednesday, June 4th. Raymond James analyst T. Genzebu now expects that the utilities provider will earn $0.30 per share for the year, up from their prior forecast of $0.29. Raymond James has a "Market Perform" rating and a $6.00 price target on the stock. 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' Q4 2025 earnings at $0.07 EPS.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The utilities provider reported $0.14 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $699.08 million. During the same quarter in the prior year, the business posted $0.14 EPS.

Several other research firms also recently weighed in on AQN. National Bank Financial raised shares of Algonquin Power & Utilities to a "hold" rating in a research report on Sunday. Wall Street Zen lowered Algonquin Power & Utilities from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. National Bankshares cut Algonquin Power & Utilities from an "outperform" rating to a "sector perform" rating and set a $6.75 price target for the company. in a research report on Wednesday, June 4th. Scotiabank increased their price objective on 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, Royal Bank of Canada raised their price objective on Algonquin Power & Utilities from $6.00 to $6.50 and gave the stock a "sector perform" rating in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a sell rating and twelve have assigned a hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $6.31.

Algonquin Power & Utilities Stock Up 0.7%

NYSE AQN traded up $0.04 during trading on Monday, hitting $5.92. The company's stock had a trading volume of 5,880,970 shares, compared to its average volume of 8,603,252. Algonquin Power & Utilities has a fifty-two week low of $4.19 and a fifty-two week high of $6.36. The company has a market cap of $4.55 billion, a PE ratio of -4.59 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. The business's 50 day simple moving average is $5.42 and its 200-day simple moving average is $4.95.

Algonquin Power & Utilities Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Monday, June 30th. Algonquin Power & Utilities's dividend payout ratio is currently -16.77%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AQN. Barclays PLC increased its holdings in shares of Algonquin Power & Utilities by 33.2% during the 3rd quarter. Barclays PLC now owns 829,508 shares of the utilities provider's stock valued at $4,522,000 after purchasing an additional 206,603 shares in the last quarter. Tallon Kerry Patrick acquired a new stake in Algonquin Power & Utilities during the fourth quarter valued at $141,000. Spire Wealth Management increased its holdings in Algonquin Power & Utilities by 149.6% in the fourth quarter. Spire Wealth Management now owns 17,000 shares of the utilities provider's stock valued at $76,000 after buying an additional 10,190 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Algonquin Power & Utilities by 4.1% in the fourth quarter. Van ECK Associates Corp now owns 221,307 shares of the utilities provider's stock worth $982,000 after acquiring an additional 8,620 shares during the period. Finally, CIBC Asset Management Inc boosted its stake in shares of Algonquin Power & Utilities by 0.4% during the 4th quarter. CIBC Asset Management Inc now owns 935,130 shares of the utilities provider's stock worth $4,141,000 after acquiring an additional 3,656 shares in the last quarter. 62.28% of the stock is owned by institutional investors and hedge funds.

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.