Algonquin Power & Utilities Corp. (TSE:AQN - Free Report) - Equities research analysts at Desjardins issued their FY2025 earnings per share estimates for shares of Algonquin Power & Utilities in a research report issued on Thursday, February 1st. Desjardins analyst B. Stadler anticipates that the company will post earnings per share of $0.54 for the year. The consensus estimate for Algonquin Power & Utilities' current full-year earnings is $0.71 per share.
Separately, Royal Bank of Canada decreased their price objective on Algonquin Power & Utilities from C$8.00 to C$7.00 and set a "sector perform" rating on the stock in a report on Monday, November 13th.
Read Our Latest Stock Report on AQN
Algonquin Power & Utilities Price Performance
Shares of TSE:AQN opened at C$8.04 on Monday. Algonquin Power & Utilities has a 1-year low of C$6.75 and a 1-year high of C$12.31. The firm has a market capitalization of C$5.54 billion, a PE ratio of -16.75, a PEG ratio of 1.07 and a beta of 0.47. The business's 50 day moving average is C$8.38 and its 200-day moving average is C$8.76. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 122.88.
Algonquin Power & Utilities (TSE:AQN - Get Free Report) last released its earnings results on Friday, November 10th. The company reported C$0.15 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of C$0.15. The firm had revenue of C$838.10 million for the quarter, compared to analyst estimates of C$887.76 million. Algonquin Power & Utilities had a negative return on equity of 4.18% and a negative net margin of 8.35%.
Algonquin Power & Utilities Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Friday, December 29th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 14.93%. The ex-dividend date was Thursday, December 28th. This is a positive change from Algonquin Power & Utilities's previous quarterly dividend of $0.14. Algonquin Power & Utilities's dividend payout ratio (DPR) is presently -120.83%.
Insider Transactions at Algonquin Power & Utilities
In related news, Director Amee Chande purchased 12,500 shares of the firm's stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average price of C$5.82 per share, with a total value of C$72,747.50. 0.06% of the stock is owned by insiders.
Algonquin Power & Utilities Company Profile
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Algonquin Power & Utilities Corp., a renewable energy and utility company, that provides energy and water solutions and services in North America and internationally. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment provides a portfolio of rate-regulated water, electricity, and gas utility services.
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