Algonquin Power & Utilities Stock Price, News & Analysis (NYSE:AQN) $6.06 -0.02 (-0.33%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$6.00▼$6.1050-Day Range$5.03▼$6.3652-Week Range$4.90▼$9.14Volume2.16 million shsAverage Volume3.84 million shsMarket Capitalization$4.18 billionP/E RatioN/ADividend Yield7.09%Price Target$8.19 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaSustainability Algonquin Power & Utilities MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside35.0% Upside$8.19 Price TargetShort InterestHealthy4.73% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.20Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.54 out of 5 starsUtilities Sector21st out of 86 stocksElectric Services Industry12th out of 40 stocks 4.1 Analyst's Opinion Consensus RatingAlgonquin Power & Utilities has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.19, Algonquin Power & Utilities has a forecasted upside of 35.0% from its current price of $6.07.Amount of Analyst CoverageAlgonquin Power & Utilities has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.73% of the float of Algonquin Power & Utilities has been sold short.Short Interest Ratio / Days to CoverAlgonquin Power & Utilities has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in Algonquin Power & Utilities has recently decreased by 4.65%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipAlgonquin Power & Utilities is a leading dividend payer. It pays a dividend yield of 6.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlgonquin Power & Utilities does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Algonquin Power & Utilities will have a dividend payout ratio of 82.69% in the coming year. This indicates that Algonquin Power & Utilities may not be able to sustain their current dividend. Previous Next 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlgonquin Power & Utilities has received a 50.66% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity transmission and distribution", "Natural gas distribution", and "Electricity produced with geothermal power" products. See details.Environmental SustainabilityThe Environmental Impact score for Algonquin Power & Utilities is -1.20. Previous Next 2.4 News and Social Media Coverage News SentimentAlgonquin Power & Utilities has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Algonquin Power & Utilities this week, compared to 3 articles on an average week.Search InterestOnly 33 people have searched for AQN on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Algonquin Power & Utilities to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Algonquin Power & Utilities insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.05% of the stock of Algonquin Power & Utilities is held by insiders.Percentage Held by Institutions52.12% of the stock of Algonquin Power & Utilities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Algonquin Power & Utilities are expected to remain at $0.52 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algonquin Power & Utilities is -17.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Algonquin Power & Utilities is -17.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlgonquin Power & Utilities has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Algonquin Power & Utilities Stock (NYSE:AQN)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. It offers electricity distribution, water distribution, waste water treatment, and natural gas distribution services. The Renewable Energy Group segment generates and sells electrical energy produced by its portfolio of renewable power generation facilities primarily in the United States and Canada. It owns and operates hydroelectric, wind, solar, renewable natural gas, and thermal facilities. Algonquin Power & Utilities Corp. was incorporated in 1988 and is headquartered in Oakville, Canada.Read More AQN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AQN Stock News HeadlinesDecember 6, 2023 | americanbankingnews.comAlgonquin Power & Utilities Corp. (NYSE:AQN) Receives Average Recommendation of "Hold" from AnalystsNovember 26, 2023 | seekingalpha.comAlgonquin Power's Valuation Gap: Uncovering The Investment PotentialDecember 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 11, 2023 | finance.yahoo.comAlgonquin Power & Utilities Corp. (NYSE:AQN) Q3 2023 Earnings Call TranscriptNovember 10, 2023 | msn.comAlgonquin Power & Utilities Gears Up For Q3 Print; Here's A Look At Recent Price Target Changes By The Most Accurate AnalystsNovember 3, 2023 | finance.yahoo.comAlgonquin Power & Utilities (AQN) Q3 Earnings Preview: What's in the Cards?October 27, 2023 | finance.yahoo.comSouthwest Gas, Algonquin Power See Activist Investor ActionOctober 18, 2023 | investing.comAlgonquin Power & Utilities Corp (AQN_pd)December 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 4, 2023 | seekingalpha.comAlgonquin: Nearly Entered Penny Stock Status - Why You Should AvoidOctober 4, 2023 | finance.yahoo.comIs Algonquin Power & Utilities (AQN) Too Good to Be True? A Comprehensive Analysis of a ...October 3, 2023 | seekingalpha.comAlgonquin: Billionaire Says Observe Carefully When The Tide Goes OutSeptember 28, 2023 | finance.yahoo.comAlgonquin Power & Utilities Corp (AQN): A Deep Dive into Its Performance MetricsSeptember 18, 2023 | markets.businessinsider.comBank of America Securities Reaffirms Their Hold Rating on Algonquin Power & Utilities (AQN)September 14, 2023 | msn.comAlgonquin Power & Utilities: Why It’s Cheap TodayAugust 24, 2023 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Pref D up on Wednesday (AQN-PR-D)August 22, 2023 | seekingalpha.comAlgonquin: Battered By High-Interest Rates, A Strategy Shift Might Be The AnswerAugust 14, 2023 | seekingalpha.comAlgonquin: More Challenges Than UpsideAugust 11, 2023 | oilprice.comAlgonquin Power To Sell Renewables Division As Losses MountAugust 10, 2023 | msn.comAlgonquin Power Announces Exit from Renewables BusinessAugust 10, 2023 | finance.yahoo.comAlgonquin Power & Utilities (AQN) Q2 2023 Earnings Call TranscriptAugust 10, 2023 | seekingalpha.comAlgonquin Power & Utilities Corp. 2023 Q2 - Results - Earnings Call PresentationAugust 8, 2023 | finance.yahoo.comNRG Energy (NRG) Beats Q2 Earnings and Revenue EstimatesJuly 21, 2023 | markets.businessinsider.comAlgonquin Power & Utilities (AQN) Receives a Hold from CIBCJuly 12, 2023 | fool.comAlgonquin Power & Utilities (TSX: AQN)July 10, 2023 | 247wallst.comStarboard Value Now Owns 5.10% of Algonquin Power & Utilities (AQN)July 6, 2023 | seekingalpha.comAlgonquin: Why We Think It's A "Hold" At BestSee More Headlines Receive AQN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Algonquin Power & Utilities and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/13 Dividend9/27/2023Dividend Payable10/13/2023Last Earnings11/10/2023Today12/08/2023Ex-Dividend for 1/15 Dividend12/28/2023Fiscal Year End12/31/2023Dividend Payable1/15/2024Next Earnings (Estimated)3/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorUtilities Current SymbolNYSE:AQN CUSIPN/A CIK1174169 Webalgonquinpower.com Phone(905) 465-4500Fax905-465-4514Employees3,951Year FoundedN/APrice Target and Rating Average Stock Price Target$8.19 High Stock Price Target$10.50 Low Stock Price Target$4.75 Potential Upside/Downside+35.0%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($0.35) Trailing P/E RatioN/A Forward P/E Ratio11.66 P/E GrowthN/ANet Income$-211,990,000.00 Net Margins-8.35% Pretax Margin-14.57% Return on Equity6.13% Return on Assets2.27% Debt Debt-to-Equity Ratio1.22 Current Ratio0.66 Quick Ratio0.50 Sales & Book Value Annual Sales$2.78 billion Price / Sales1.50 Cash Flow$1.30 per share Price / Cash Flow4.65 Book Value$9.72 per share Price / Book0.62Miscellaneous Outstanding Shares688,997,000Free Float688,653,000Market Cap$4.18 billion OptionableNot Optionable Beta0.67 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Christopher G. H. Huskilson (Age 66)Interim CEO & Director Comp: $132.5kMr. Darren G. Myers (Age 49)Chief Financial Officer Comp: $266.15kMr. Anthony JohnstonChief Operating OfficerMs. Jennifer Tindale (Age 51)Chief Legal Officer & Corporate Secretary Comp: $473.48kMr. Jeffery Norman (Age 54)Chief Development Officer Comp: $512.73kMr. Brian James Chin CPA (Age 49)Vice President of Investor Relations Ms. Mary Ellen ParavalosChief Compliance & Risk OfficerStephanie BoseDirector of Corporate CommunicationsMs. Sarah R. MacDonald B.A (Age 54)LL.B, M.B.A, Chief Human Resources Officer Ms. Brenda Dale MarshallSenior Vice President of Wind DevelopmentMore ExecutivesKey CompetitorsPortland General ElectricNYSE:POREnel ChileNYSE:ENICCEMIGNYSE:CIGBlack HillsNYSE:BKHPNM ResourcesNYSE:PNMView All CompetitorsInstitutional OwnershipHudson Bay Capital Management LPBought 1,509,414 shares on 12/7/2023Ownership: 0.219%Citigroup Inc.Sold 288,939 shares on 12/6/2023Ownership: 0.062%Phoenix Holdings Ltd.Bought 26,023 shares on 12/4/2023Ownership: 0.004%American Century Companies Inc.Bought 5,567 shares on 11/30/2023Ownership: 0.010%Deutsche Bank AGSold 118,164 shares on 11/24/2023Ownership: 0.092%View All Institutional Transactions AQN Stock Analysis - Frequently Asked Questions Should I buy or sell Algonquin Power & Utilities stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AQN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AQN, but not buy additional shares or sell existing shares. View AQN analyst ratings or view top-rated stocks. What is Algonquin Power & Utilities' stock price target for 2024? 12 analysts have issued 12-month price targets for Algonquin Power & Utilities' stock. Their AQN share price targets range from $4.75 to $10.50. On average, they anticipate the company's share price to reach $8.19 in the next twelve months. This suggests a possible upside of 35.0% from the stock's current price. View analysts price targets for AQN or view top-rated stocks among Wall Street analysts. How have AQN shares performed in 2023? Algonquin Power & Utilities' stock was trading at $6.52 at the beginning of 2023. Since then, AQN stock has decreased by 7.0% and is now trading at $6.0650. View the best growth stocks for 2023 here. Are investors shorting Algonquin Power & Utilities? Algonquin Power & Utilities saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 34,160,000 shares, a drop of 13.9% from the October 15th total of 39,660,000 shares. Based on an average trading volume of 4,790,000 shares, the short-interest ratio is presently 7.1 days. Approximately 5.0% of the company's shares are sold short. View Algonquin Power & Utilities' Short Interest. When is Algonquin Power & Utilities' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, March 15th 2024. View our AQN earnings forecast. How were Algonquin Power & Utilities' earnings last quarter? Algonquin Power & Utilities Corp. (NYSE:AQN) posted its quarterly earnings data on Friday, November, 10th. The utilities provider reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.01. The utilities provider had revenue of $624.70 million for the quarter, compared to analysts' expectations of $643.87 million. Algonquin Power & Utilities had a positive trailing twelve-month return on equity of 6.13% and a negative net margin of 8.35%. The firm's revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 earnings per share. How often does Algonquin Power & Utilities pay dividends? What is the dividend yield for Algonquin Power & Utilities? Algonquin Power & Utilities declared a quarterly dividend on Friday, November 10th. Investors of record on Friday, December 29th will be paid a dividend of $0.216 per share on Monday, January 15th. This represents a $0.86 dividend on an annualized basis and a yield of 14.25%. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from the stock's previous quarterly dividend of $0.11. Read our dividend analysis for AQN. Is Algonquin Power & Utilities a good dividend stock? Algonquin Power & Utilities (NYSE:AQN) pays an annual dividend of $0.43 per share and currently has a dividend yield of 6.82%. AQN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for AQN. What ETF holds Algonquin Power & Utilities' stock ? SPDR S&P Kensho Clean Power ETF holds 873,179 shares of AQN stock, representing 2.15% of its portfolio. What is Ian Robertson's approval rating as Algonquin Power & Utilities' CEO? 25 employees have rated Algonquin Power & Utilities Chief Executive Officer Ian Robertson on Glassdoor.com. Ian Robertson has an approval rating of 85% among the company's employees. What other stocks do shareholders of Algonquin Power & Utilities own? Based on aggregate information from My MarketBeat watchlists, some companies that other Algonquin Power & Utilities investors own include AT&T (T), Intel (INTC), Bristol-Myers Squibb (BMY), Verizon Communications (VZ), Home Depot (HD), AbbVie (ABBV), NVIDIA (NVDA), QUALCOMM (QCOM), Micron Technology (MU) and Alibaba Group (BABA). Who are Algonquin Power & Utilities' major shareholders? Algonquin Power & Utilities' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Toronto Dominion Bank (1.93%), Invesco Ltd. (1.43%), Bank of Nova Scotia (1.41%), TD Asset Management Inc (1.32%), Legal & General Group Plc (1.20%) and Intact Investment Management Inc. (0.70%). How do I buy shares of Algonquin Power & Utilities? Shares of AQN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:AQN) was last updated on 12/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Algonquin Power & Utilities Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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