NYSE:AQN - Algonquin Power & Utilities Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$11.28 +0.09 (+0.80 %)
(As of 03/24/2019 02:51 AM ET)
Previous Close$11.28
Today's Range$11.13 - $11.33
52-Week Range$9.45 - $11.34
Volume217,237 shs
Average Volume349,593 shs
Market Capitalization$5.51 billion
P/E Ratio17.09
Dividend Yield4.58%
Beta0.75
Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada and the United States. The company generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. It owns or has interests in hydroelectric facilities with a generating capacity of approximately 120 megawatts (MW); wind powered generating facilities with a generating capacity of 1,050 MW; solar energy facilities with a generating capacity of 40 MW; and thermal energy facilities with a generating capacity of 335 MW. The company also owns and operates a portfolio of regulated electric, natural gas, water distribution, and wastewater collection utility systems. It serves approximately 265,000 electric connections; 337,000 natural gas connections; and 160,000 regulated water distribution and wastewater collection utility systems in the states of California, New Hampshire, Missouri, Kansas, Oklahoma, Arkansas, Georgia, Illinois, Iowa, Massachusetts, Arizona, and Texas. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

Receive AQN News and Ratings via Email

Sign-up to receive the latest news and ratings for AQN and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
Phone905-465-4500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.65 billion
Cash Flow$1.2234 per share
Book Value$7.19 per share

Profitability

Net Income$184.99 million

Miscellaneous

Employees2,241
Market Cap$5.51 billion
Next Earnings Date5/9/2019 (Estimated)
OptionableNot Optionable

Algonquin Power & Utilities (NYSE:AQN) Frequently Asked Questions

What is Algonquin Power & Utilities' stock symbol?

Algonquin Power & Utilities trades on the New York Stock Exchange (NYSE) under the ticker symbol "AQN."

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 Thursday, February 28th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.128 per share on Monday, April 15th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Thursday, March 28th. View Algonquin Power & Utilities' Dividend History.

How were Algonquin Power & Utilities' earnings last quarter?

Algonquin Power & Utilities Corp (NYSE:AQN) announced its earnings results on Thursday, November, 8th. The utilities provider reported $0.10 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.10. The utilities provider earned $366.50 million during the quarter, compared to analyst estimates of $480.48 million. Algonquin Power & Utilities had a return on equity of 9.35% and a net margin of 11.23%. The business's revenue for the quarter was up 3.6% compared to the same quarter last year. View Algonquin Power & Utilities' Earnings History.

When is Algonquin Power & Utilities' next earnings date?

Algonquin Power & Utilities is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Algonquin Power & Utilities.

What price target have analysts set for AQN?

6 Wall Street analysts have issued twelve-month price objectives for Algonquin Power & Utilities' stock. Their forecasts range from $11.00 to $13.00. On average, they expect Algonquin Power & Utilities' stock price to reach $11.8333 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Algonquin Power & Utilities.

What is the consensus analysts' recommendation for Algonquin Power & Utilities?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last year. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Algonquin Power & Utilities.

Has Algonquin Power & Utilities been receiving favorable news coverage?

News coverage about AQN stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Algonquin Power & Utilities earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Who are some of Algonquin Power & Utilities' key competitors?

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 Canopy Growth (CGC), Enbridge (ENB), Power Co. of Canada (POW), BCE (BCE), Adverum Biotechnologies (ADVM), Altagas (ALA), Micron Technology (MU), AT&T (T), Bank of Nova Scotia (BNS) and Brookfield Infrastructure Partners (BIP).

Who are Algonquin Power & Utilities' key executives?

Algonquin Power & Utilities' management team includes the folowing people:
  • Mr. Ian Edward Robertson PEng, MBA, CFA, C.Dir, CEO & Director (Age 60)
  • Mr. David Bronicheski, Chief Financial Officer (Age 60)
  • Mr. David James Pasieka, Chief Operating Officer of Liberty Utilities Group (Age 62)
  • Mr. Michael Snow, Chief Operating Officer of Renewable Generation Group (Age 58)
  • Mr. Gerald Tremblay, Sr. VP of Operations

Who are Algonquin Power & Utilities' major shareholders?

Algonquin Power & Utilities' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (7.13%), Connor Clark & Lunn Investment Management Ltd. (2.52%), TD Asset Management Inc. (2.05%), GQG Partners LLC (1.54%), Toronto Dominion Bank (1.49%) and Bank of America Corp DE (1.33%).

Which major investors are selling Algonquin Power & Utilities stock?

AQN stock was sold by a variety of institutional investors in the last quarter, including Montrusco Bolton Investments Inc., Fiera Capital Corp, Canada Pension Plan Investment Board, Bank of Nova Scotia Trust Co., Scotia Capital Inc., Highstreet Asset Management Inc., AGF Investments Inc. and Ecofin Ltd..

Which major investors are buying Algonquin Power & Utilities stock?

AQN stock was acquired by a variety of institutional investors in the last quarter, including GQG Partners LLC, Norges Bank, Citigroup Inc., Connor Clark & Lunn Investment Management Ltd., Bank of America Corp DE, Bank of Montreal Can, Mackenzie Financial Corp and Two Sigma Investments LP.

How do I buy shares of Algonquin Power & Utilities?

Shares of AQN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Algonquin Power & Utilities' stock price today?

One share of AQN stock can currently be purchased for approximately $11.28.

How big of a company is Algonquin Power & Utilities?

Algonquin Power & Utilities has a market capitalization of $5.51 billion and generates $1.65 billion in revenue each year. The utilities provider earns $184.99 million in net income (profit) each year or $0.66 on an earnings per share basis. Algonquin Power & Utilities employs 2,241 workers across the globe.

What is Algonquin Power & Utilities' official website?

The official website for Algonquin Power & Utilities is http://www.algonquinpower.com.

How can I contact Algonquin Power & Utilities?

Algonquin Power & Utilities' mailing address is 354 DAVIS ROAD, OAKVILLE A6, L6J2X1. The utilities provider can be reached via phone at 905-465-4500 or via email at [email protected]


MarketBeat Community Rating for Algonquin Power & Utilities (NYSE AQN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  146 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  314
MarketBeat's community ratings are surveys of what our community members think about Algonquin Power & Utilities and other stocks. Vote "Outperform" if you believe AQN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AQN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel