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Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal with debt
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal with debt
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
All the trading advice you’ve ever received boils down to this (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal with debt
Alaska Air Group announces it has agreed to buy Hawaiian Airlines in a $1.9 billion deal with debt

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

$6.32
+0.17 (+2.76%)
(As of 12/1/2023 ET)
Compare
Today's Range
$6.12
$6.37
50-Day Range
$5.03
$6.88
52-Week Range
$4.90
$9.14
Volume
5.02 million shs
Average Volume
4.11 million shs
Market Capitalization
$4.35 billion
P/E Ratio
N/A
Dividend Yield
6.80%
Price Target
$8.19

Algonquin Power & Utilities MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
29.5% Upside
$8.19 Price Target
Short Interest
Healthy
4.73% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.20
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Utilities Sector

38th out of 86 stocks

Electric Services Industry

21st out of 41 stocks


AQN stock logo

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.

AQN Stock Price History

AQN Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Algonquin Power & Utilities Corp (AQN_pd)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Algonquin: More Challenges Than Upside
Algonquin Power & Utilities (AQN) Receives a Hold from CIBC
Algonquin Power & Utilities (TSX: AQN)
Algonquin: Why We Think It's A "Hold" At Best
See More Headlines
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Company Calendar

Ex-Dividend for 10/13 Dividend
9/27/2023
Dividend Payable
10/13/2023
Last Earnings
11/10/2023
Today
12/03/2023
Ex-Dividend for 1/15 Dividend
12/28/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/15/2024
Next Earnings (Estimated)
3/15/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Sector
Utilities
Employees
3,951
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.19
High Stock Price Target
$10.50
Low Stock Price Target
$4.75
Potential Upside/Downside
+29.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$-211,990,000.00
Pretax Margin
-14.57%

Debt

Sales & Book Value

Annual Sales
$2.78 billion
Cash Flow
$1.40 per share
Book Value
$9.23 per share

Miscellaneous

Free Float
688,653,000
Market Cap
$4.35 billion
Optionable
Not Optionable
Beta
0.66
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Key Executives

  • Mr. Christopher G. H. Huskilson (Age 66)
    Interim CEO & Director
    Comp: $132.5k
  • Mr. Darren G. Myers (Age 49)
    Chief Financial Officer
    Comp: $266.15k
  • Mr. Anthony Johnston
    Chief Operating Officer
  • Ms. Jennifer Tindale (Age 51)
    Chief Legal Officer & Corporate Secretary
    Comp: $473.48k
  • Mr. Jeffery Norman (Age 54)
    Chief Development Officer
    Comp: $512.73k
  • Mr. Brian James Chin CPA (Age 49)
    Vice President of Investor Relations
  • Ms. Mary Ellen Paravalos
    Chief Compliance & Risk Officer
  • Stephanie Bose
    Director of Corporate Communications
  • Ms. Sarah R. MacDonald B.A (Age 54)
    LL.B, M.B.A, Chief Human Resources Officer
  • Ms. Brenda Dale Marshall
    Senior Vice President of Wind Development














AQN Stock Analysis - Frequently Asked Questions

Should I buy or sell Algonquin Power & Utilities stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 1-year price targets for Algonquin Power & Utilities' shares. 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 29.5% 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 3.1% and is now trading at $6.32.
View the best growth stocks for 2023 here
.

Are investors shorting Algonquin Power & Utilities?

Algonquin Power & Utilities saw a drop in short interest in 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 days-to-cover ratio is presently 7.1 days. Approximately 5.0% of the company's stock are short sold.
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) announced its quarterly earnings results on Friday, November, 10th. The utilities provider reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.01. The utilities provider earned $624.70 million during the quarter, compared to analysts' expectations of $643.87 million. Algonquin Power & Utilities had a negative net margin of 8.35% and a positive trailing twelve-month return on equity of 6.13%. The company's revenue for the quarter was down 6.0% compared to the same quarter last year. During the same quarter last year, the firm 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. Stockholders 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 annualized dividend and a dividend yield of 13.67%. The ex-dividend date 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 6.87%. 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 variety of institutional and retail investors. Top institutional investors 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 12/3/2023 by MarketBeat.com Staff

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