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

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

Algonquin Power & Utilities declared a quarterly dividend on Thursday, November 7th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.141 per share on Wednesday, January 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date is Monday, December 30th. View Algonquin Power & Utilities' Dividend History.

Algonquin Power & Utilities Corp (NYSE:AQN) posted its quarterly earnings data on Thursday, November, 7th. The utilities provider reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. The utilities provider had revenue of $365.60 million for the quarter, compared to the consensus estimate of $405.41 million. Algonquin Power & Utilities had a net margin of 25.08% and a return on equity of 7.92%. The business's revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the firm earned $0.10 EPS. View Algonquin Power & Utilities' Earnings History.

Algonquin Power & Utilities is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Algonquin Power & Utilities.

11 equities research analysts have issued 12 month target prices for Algonquin Power & Utilities' shares. Their forecasts range from $11.00 to $19.00. On average, they expect Algonquin Power & Utilities' stock price to reach $14.26 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price. View Analyst Price Targets for Algonquin Power & Utilities.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last year. There are currently 5 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Algonquin Power & Utilities.

News stories about AQN stock have trended somewhat negative recently, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Algonquin Power & Utilities earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Algonquin Power & Utilities.

Algonquin Power & Utilities saw a increase in short interest in November. As of November 29th, there was short interest totalling 6,720,000 shares, an increase of 20.9% from the November 14th total of 5,560,000 shares. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is currently 6.5 days. Currently, 1.3% of the company's stock are short sold. View Algonquin Power & Utilities' Current Options Chain.

Some companies that are related to Algonquin Power & Utilities include Eversource Energy (ES), Edison International (EIX), FirstEnergy (FE), PPL (PPL), CLP (CLPHY), DTE Energy (DTE), Entergy (ETR), Fortis (FTS), SSE PLC/S (SSEZY), Tenaga Nasional Bhd (TNABY), Korea Electric Power (KEP), Avangrid (AGR), EDP-Energias de Portugal, S.A (EDPFY), CenterPoint Energy (CNP) and Enel Americas (ENIA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Algonquin Power & Utilities investors own include Home Depot (HD), NVIDIA (NVDA), QUALCOMM (QCOM), Alibaba Group (BABA), Honeywell International (HON), Paypal (PYPL), United Technologies (UTX), Canopy Growth (CGC), salesforce.com (CRM) and AT&T (T).

Algonquin Power & Utilities' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Pictet Asset Management Ltd. (1.59%), Great West Life Assurance Co. Can (0.82%), Russell Investments Group Ltd. (0.65%), Copeland Capital Management LLC (0.63%), QV Investors Inc. (0.49%) and Greystone Managed Investments Inc. (0.42%).

AQN stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Russell Investments Group Ltd., Hexavest Inc., Greystone Managed Investments Inc., CIBC Asset Management Inc, QV Investors Inc., C WorldWide Group Holding A S and Signition LP.

AQN stock was purchased by a variety of institutional investors in the last quarter, including Beck Bode LLC, Pictet Asset Management Ltd., Tibra Equities Europe Ltd, LGT Capital Partners LTD., Massachusetts Financial Services Co. MA, TradeLink Capital LLC, Copeland Capital Management LLC and Envestnet Asset Management Inc..

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, Robinhood, Fidelity and Charles Schwab.

One share of AQN stock can currently be purchased for approximately $14.07.

Algonquin Power & Utilities has a market capitalization of $7.38 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 2,277 workers across the globe.View Additional Information About Algonquin Power & Utilities.

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

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]