NYSE:AQN Algonquin Power & Utilities (AQN) Stock Forecast, Price & News $6.88 +0.01 (+0.15%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$6.78▼$6.9050-Day Range$6.84▼$8.3952-Week Range$6.41▼$12.40Volume2.82 million shsAverage Volume5.07 million shsMarket Capitalization$4.74 billionP/E RatioN/ADividend Yield6.25%Price Target$9.90 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Algonquin Power & Utilities MarketRank™ ForecastAnalyst RatingHold2.23 Rating ScoreUpside/Downside43.8% Upside$9.90 Price TargetShort InterestHealthy4.68% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.20Upright™ Environmental ScoreNews Sentiment0.34Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth3.64%From $0.55 to $0.57 Per ShareSee 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.2.40 out of 5 starsUtilities Sector44th out of 85 stocksElectric Services Industry22nd out of 41 stocks 3.1 Analyst's Opinion Consensus RatingAlgonquin Power & Utilities has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 4 buy ratings, 8 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.90, Algonquin Power & Utilities has a forecasted upside of 43.8% from its current price of $6.88.Amount of Analyst CoverageAlgonquin Power & Utilities has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.68% 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 6.6.Change versus previous monthShort interest in Algonquin Power & Utilities has recently decreased by 6.83%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAlgonquin Power & Utilities is a leading dividend payer. It pays a dividend yield of 6.32%, 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 75.44% 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 1.9 News and Social Media Coverage News SentimentAlgonquin Power & Utilities has a news sentiment score of 0.34. 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 lower news sentiment than the 0.57 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Algonquin Power & Utilities this week, compared to 4 articles on an average week.Search InterestOnly 20 people have searched for AQN on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows14 people have added Algonquin Power & Utilities to their MarketBeat watchlist in the last 30 days. This is an increase of 1,300% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Algonquin Power & Utilities are expected to grow by 3.64% in the coming year, from $0.55 to $0.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algonquin Power & Utilities is -18.11, 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 -18.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioAlgonquin Power & Utilities has a PEG Ratio of 4.14. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlgonquin Power & Utilities has a P/B Ratio of 0.71. 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 (NYSE:AQN) StockAlgonquin 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AQN Stock News HeadlinesSeptember 22, 2023 | americanbankingnews.comAlgonquin Power & Utilities Corp. (NYSE:AQN) Receives Consensus Recommendation of "Hold" from AnalystsSeptember 19, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Price Target Cut to $8.00 by Analysts at ScotiabankSeptember 26, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 18, 2023 | markets.businessinsider.comBank of America Securities Reaffirms Their Hold Rating on Algonquin Power & Utilities (AQN)September 18, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Price Target Lowered to $8.00 at Royal Bank of CanadaSeptember 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 AnswerSeptember 26, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.August 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 BestJuly 6, 2023 | marketwatch.comAlgonquin Power & Utilities Corp. stock falls Thursday, still outperforms marketJuly 6, 2023 | finance.yahoo.comHedge fund Starboard asks Algonquin Power to sell renewable assetsJuly 6, 2023 | ca.finance.yahoo.comHedge fund Starboard urges Algonquin Power to sell renewable assetsJuly 6, 2023 | finance.yahoo.comUPDATE 1-Hedge fund Starboard urges Algonquin Power to sell renewable assetsMay 29, 2023 | seekingalpha.comAlgonquin And Atlantica: Strategic Reviews Could Be A Major CatalystMay 25, 2023 | finance.yahoo.comWith 56% ownership of the shares, Algonquin Power & Utilities Corp. (TSE:AQN) is heavily dominated by institutional ownersMay 18, 2023 | msn.comAlgonquin Power & Utilities (AQN) Declares $0.11 DividendMay 16, 2023 | msn.comBig Question for Algonquin Power & Utilities: Sell or Not to Sell Renewables Biz?See 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 AQN Company Calendar Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Last Earnings8/10/2023Today9/25/2023Ex-Dividend for 10/13 Dividend9/27/2023Dividend Payable10/13/2023Next Earnings (Estimated)11/10/2023Fiscal Year End12/31/2023Get 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 Forecast$9.90 High Stock Price Forecast$14.25 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+43.8%Consensus RatingHold Rating Score (0-4)2.23 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($0.38) Trailing P/E RatioN/A Forward P/E Ratio12.51 P/E Growth4.14Net Income$-211,990,000.00 Net Margins-8.96% Pretax Margin-13.84% Return on Equity5.99% Return on Assets2.25% Debt Debt-to-Equity Ratio1.14 Current Ratio0.71 Quick Ratio0.56 Sales & Book Value Annual Sales$2.77 billion Price / Sales1.71 Cash Flow$1.36 per share Price / Cash Flow5.05 Book Value$9.72 per share Price / Book0.71Miscellaneous Outstanding Shares688,950,000Free Float688,603,000Market Cap$4.74 billion OptionableNot Optionable Beta0.50 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Christopher G. H. Huskilson (Age 66)Interim CEO & Director Comp: $134.2kMr. Darren G. Myers (Age 49)Chief Financial Officer Comp: $269.57kMr. Anthony JohnstonChief Operating OfficerMs. Jennifer Tindale (Age 51)Chief Legal Officer & Corp. Sec. Comp: $479.55kMr. Jeffery Norman (Age 54)Chief Devel. Officer Comp: $519.31kMr. Brian James Chin CPA (Age 49)VP of Investor Relations Ms. Mary Ellen ParavalosChief Compliance & Risk OfficerStephanie BoseDirector of Corp. CommunicationsMs. Kirsten OlsenChief HR OfficerMs. Brenda Dale MarshallSr. VP of Wind Devel.More ExecutivesKey CompetitorsIDACORPNYSE:IDACompanhia Paranaense de Energia - COPELNYSE:ELPEnel ChileNYSE:ENICPortland General ElectricNYSE:PORPNM ResourcesNYSE:PNMView All CompetitorsInstitutional OwnershipBarclays PLCBought 49,376 shares on 9/21/2023Ownership: 0.044%Davidson Kempner Capital Management LPBought 57,834 shares on 9/12/2023Ownership: 0.590%Alberta Investment Management CorpBought 1,719,971 shares on 8/24/2023Ownership: 0.338%Wolverine Trading LLCBought 37,200 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Sold 11,247 shares on 8/21/2023Ownership: 0.018%View All Institutional Transactions AQN Stock - Frequently Asked Questions Should I buy or sell Algonquin Power & Utilities stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 13 equities research analysts have issued 1-year price targets for Algonquin Power & Utilities' stock. Their AQN share price forecasts range from $8.00 to $14.25. On average, they predict the company's stock price to reach $9.90 in the next year. This suggests a possible upside of 43.8% 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 the year. Since then, AQN stock has increased by 5.5% and is now trading at $6.88. View the best growth stocks for 2023 here. Are investors shorting Algonquin Power & Utilities? Algonquin Power & Utilities saw a drop in short interest in August. As of August 31st, there was short interest totaling 32,210,000 shares, a drop of 6.8% from the August 15th total of 34,570,000 shares. Based on an average daily volume of 4,860,000 shares, the days-to-cover ratio is presently 6.6 days. Currently, 4.7% 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, November 10th 2023. View our AQN earnings forecast. How were Algonquin Power & Utilities' earnings last quarter? Algonquin Power & Utilities Corp. (NYSE:AQN) issued its quarterly earnings results on Thursday, August, 10th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.02. The utilities provider earned $627.30 million during the quarter, compared to the consensus estimate of $611.83 million. Algonquin Power & Utilities had a positive trailing twelve-month return on equity of 5.99% and a negative net margin of 8.96%. Algonquin Power & Utilities's revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.16 EPS. 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, August 10th. Stockholders of record on Thursday, September 28th will be given a dividend of $0.108 per share on Friday, October 13th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date is Wednesday, September 27th. 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. 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 6.32%. 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 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). What is Algonquin Power & Utilities' stock symbol? Algonquin Power & Utilities trades on the New York Stock Exchange (NYSE) under the ticker symbol "AQN." Who are Algonquin Power & Utilities' major shareholders? Algonquin Power & Utilities' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (5.65%), Starboard Value LP (4.96%), Bank of Nova Scotia (2.12%), Cibc World Market Inc. (1.37%), TD Asset Management Inc (1.36%) and Intact Investment Management Inc. (0.71%). 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. What is Algonquin Power & Utilities' stock price today? One share of AQN stock can currently be purchased for approximately $6.88. How much money does Algonquin Power & Utilities make? Algonquin Power & Utilities (NYSE:AQN) has a market capitalization of $4.74 billion and generates $2.77 billion in revenue each year. The utilities provider earns $-211,990,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. How many employees does Algonquin Power & Utilities have? The company employs 3,951 workers across the globe. How can I contact Algonquin Power & Utilities? Algonquin Power & Utilities' mailing address is 354 DAVIS ROAD, OAKVILLE A6, L6J2X1. The official website for the company is algonquinpower.com. The utilities provider can be reached via phone at (905) 465-4500, via email at alison.holditch@apucorp.com, or via fax at 905-465-4514. This page (NYSE:AQN) was last updated on 9/26/2023 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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