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.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorUtilities
Phone905-465-4500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.65 billion
Profitability
Miscellaneous
Employees2,241
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?
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?
Some companies that are related to Algonquin Power & Utilities include FirstEnergy (FE), Edison International (EIX), Tenaga Nasional Bhd (TNABY), Entergy (ETR), Korea Electric Power (KEP), SSE PLC/S (SSEZY), Fortis (FTS), CenterPoint Energy (CNP), Avangrid (AGR), EDP-Energias de Portugal, S.A (EDPFY), CENTRAIS ELETRI/S (EBR), Vistra Energy (VST), NRG Energy (NRG), RED ELECTRICA C/ADR (RDEIY) and Pinnacle West Capital (PNW).
What other stocks do shareholders of Algonquin Power & Utilities own?
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?
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)
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.
