NYSE:AQN Algonquin Power & Utilities - AQN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $8.02 +0.25 (+3.22%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.71▼$8.0250-Day Range$6.66▼$8.0252-Week Range$6.41▼$16.01Volume5.31 million shsAverage Volume4.80 million shsMarket Capitalization$5.52 billionP/E RatioN/ADividend Yield8.98%Price Target$9.86 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Algonquin Power & Utilities MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside23.0% Upside$9.86 Price TargetShort InterestBearish3.81% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.70Upright™ Environmental ScoreNews Sentiment0.39Based on 20 Articles This WeekInsider TradingN/AProj. Earnings Growth3.45%From $0.58 to $0.60 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.2.41 out of 5 starsUtilities Sector39th out of 84 stocksElectric Services Industry19th out of 40 stocks 3.2 Analyst's Opinion Consensus RatingAlgonquin Power & Utilities has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.86, Algonquin Power & Utilities has a forecasted upside of 23.0% from its current price of $8.02.Amount of Analyst CoverageAlgonquin Power & Utilities has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.81% 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 4.3.Change versus previous monthShort interest in Algonquin Power & Utilities has recently increased by 12.14%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipAlgonquin Power & Utilities is a leading dividend payer. It pays a dividend yield of 9.27%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlgonquin Power & Utilities has been increasing its dividend for 11 years.Dividend SustainabilityBased on EPS estimates, Algonquin Power & Utilities will have a dividend payout ratio of 120.00% in the coming year. This indicates that Algonquin Power & Utilities may not be able to sustain their current dividend. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlgonquin Power & Utilities has received a 41.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution", "Electricity produced with geothermal power", and "Electricity produced with hydropower" products. See details.Environmental SustainabilityThe Environmental Impact score for Algonquin Power & Utilities is -0.70. Previous Next 2.4 News and Social Media Coverage News SentimentAlgonquin Power & Utilities has a news sentiment score of 0.39. 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 news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Algonquin Power & Utilities this week, compared to 3 articles on an average week.Search InterestOnly 104 people have searched for AQN on MarketBeat in the last 30 days. This is a decrease of -1% compared to the previous 30 days.MarketBeat Follows13 people have added Algonquin Power & Utilities to their MarketBeat watchlist in the last 30 days. This is an increase of 44% 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 Institutions41.26% 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 3.45% in the coming year, from $0.58 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algonquin Power & Utilities is -25.06, 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 -25.06, 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 4.31. 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 0.75. 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. operates as a diversified utility company. The firm engages in the ownership and operation of a portfolio of regulated and non-regulated generation, distribution and transmission utility assets. It operates through the following segments: Regulated Services Group, and Renewable Energy Group. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution and wastewater collection utility systems and transmission operations in the United States and Canada. The Renewable Energy Group segment owns and operates a diversified portfolio of renewable and thermal electric generation assets in North America and internationally. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.Read More 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 Stock News HeadlinesMarch 25, 2023 | americanbankingnews.comDesjardins Comments on Algonquin Power & Utilities Corp.'s Q1 2023 Earnings (NYSE:AQN)March 23, 2023 | msn.comAlgonquin Power & Utilities (AQN) Declares $0.15 DividendMarch 25, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 23, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Price Target Raised to $8.00March 22, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Stock Rating Upgraded by StockNews.comMarch 21, 2023 | msn.comAlgonquin Power's US$2.6B deal to buy Kentucky Power unlikely to close: analystsMarch 20, 2023 | markets.businessinsider.comAlgonquin Power & Utilities (AQN) Receives a Hold from RBC CapitalMarch 20, 2023 | markets.businessinsider.comWells Fargo Remains a Buy on Algonquin Power & Utilities (AQN)March 25, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 19, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Releases Earnings Results, Beats Expectations By $0.03 EPSMarch 19, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPSMarch 19, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Releases Earnings Results, Beats Estimates By $0.03 EPSMarch 19, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Releases FY23 Earnings GuidanceMarch 19, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Shares Up 3% After Better-Than-Expected EarningsMarch 17, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Releases FY 2023 Earnings GuidanceMarch 16, 2023 | marketwatch.comAlgonquin Power & Utilities Corp. stock falls Wednesday, still outperforms marketMarch 15, 2023 | americanbankingnews.comAlgonquin Power & Utilities (AQN) to Release Earnings on FridayMarch 14, 2023 | marketwatch.comAlgonquin Power & Utilities Corp. stock rises Monday, outperforms marketMarch 10, 2023 | finance.yahoo.comAnalysts Estimate Algonquin Power & Utilities (AQN) to Report a Decline in Earnings: What to Look Out forMarch 5, 2023 | theglobeandmail.comAlgonquin Power: Top 25 Undervalued Toronto Stock Exchange Stocks (AQN)February 25, 2023 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Corp up on Thursday (AQN)February 24, 2023 | finance.yahoo.comAlgonquin Power & Utilities (AQN) Stock Moves -1.01%: What You Should KnowFebruary 23, 2023 | finance.yahoo.comStock Market Sell-Off: Is Algonquin Power & Utilities a Buy?February 22, 2023 | finance.yahoo.comShenandoah Telecommunications (SHEN) Reports Q4 Loss, Tops Revenue EstimatesFebruary 16, 2023 | finance.yahoo.comNRG Energy (NRG) Tops Q4 Earnings EstimatesFebruary 11, 2023 | finance.yahoo.comInvestors in Algonquin Power & Utilities (TSE:AQN) have unfortunately lost 47% over the last three yearsFebruary 6, 2023 | finance.yahoo.comAlgonquin Power & Utilities (AQN) Gains As Market Dips: What You Should KnowSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 1/13 Dividend12/29/2022Dividend Payable1/13/2023Last Earnings3/17/2023Today3/25/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Next Earnings (Estimated)5/11/2023Fiscal 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) 465-4500Fax905-465-4514Employees3,441Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.86 High Stock Price Forecast$14.25 Low Stock Price Forecast$7.50 Forecasted Upside/Downside+23.0%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($0.32) Trailing P/E RatioN/A Forward P/E Ratio13.83 P/E Growth4.31Net Income$-212,000,000.00 Net Margins-7.64% Pretax Margin-13.37% Return on Equity7.01% Return on Assets2.69% Debt Debt-to-Equity Ratio1.07 Current Ratio0.71 Quick Ratio0.56 Sales & Book Value Annual Sales$2.77 billion Price / Sales2.00 Cash Flow$1.40 per share Price / Cash Flow5.74 Book Value$10.71 per share Price / Book0.75Miscellaneous Outstanding Shares688,150,000Free Float687,808,000Market Cap$5.52 billion OptionableNot Optionable Beta0.49 Key ExecutivesArun BanskotaPresident, Chief Executive Officer & DirectorJohnny JohnstonChief Operating OfficerDarren G. MyersChief Financial OfficerColin Michael PennyExecutive VP-IT & Digital TransformationMary Ellen ParavalosChief Compliance & Risk OfficerKey CompetitorsIDACORPNYSE:IDACEMIGNYSE:CIGPNM ResourcesNYSE:PNMPortland General ElectricNYSE:PORHawaiian Electric IndustriesNYSE:HEView All CompetitorsInstitutional OwnershipClaro Advisors LLCSold 1,520 shares on 3/13/2023Ownership: 0.002%NatixisBought 51,385 shares on 2/24/2023Ownership: 0.101%Truist Financial CorpSold 9,826 shares on 2/17/2023Ownership: 0.006%Alliancebernstein L.P.Bought 65,188 shares on 2/16/2023Ownership: 0.025%DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am MainSold 587,650 shares on 2/16/2023Ownership: 0.001%View All Institutional Transactions AQN Stock - Frequently Asked Questions Should I buy or sell Algonquin Power & Utilities stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last year. There are currently 1 sell rating, 5 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 forecast for 2023? 10 brokers have issued twelve-month price targets for Algonquin Power & Utilities' stock. Their AQN share price forecasts range from $7.50 to $14.25. On average, they expect the company's share price to reach $9.86 in the next year. This suggests a possible upside of 23.0% 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 start of the year. Since then, AQN stock has increased by 23.0% and is now trading at $8.02. View the best growth stocks for 2023 here. Are investors shorting Algonquin Power & Utilities? Algonquin Power & Utilities saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 25,950,000 shares, an increase of 12.1% from the February 13th total of 23,140,000 shares. Based on an average daily trading volume, of 6,080,000 shares, the short-interest ratio is presently 4.3 days. Currently, 3.8% of the shares of the company 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 Thursday, May 11th 2023. View our AQN earnings forecast. How were Algonquin Power & Utilities' earnings last quarter? Algonquin Power & Utilities Corp. (NYSE:AQN) released its quarterly earnings data on Friday, March, 17th. The utilities provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The utilities provider had revenue of $748 million for the quarter, compared to analyst estimates of $703.54 million. Algonquin Power & Utilities had a positive trailing twelve-month return on equity of 7.01% and a negative net margin of 7.64%. The company's revenue for the quarter was up 26.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.21 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, March 17th. Investors of record on Friday, March 31st will be given a dividend of $0.1085 per share on Friday, April 14th. This represents a $0.43 annualized dividend and a dividend yield of 5.41%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for AQN. Is Algonquin Power & Utilities a good dividend stock? Algonquin Power & Utilities (NYSE:AQN) pays an annual dividend of $0.72 per share and currently has a dividend yield of 9.27%. 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 guidance has Algonquin Power & Utilities issued on next quarter's earnings? Algonquin Power & Utilities issued an update on its FY23 earnings guidance on Friday, March, 17th. The company provided earnings per share guidance of $0.55-0.61 for the period, compared to the consensus EPS estimate of $0.58. 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 variety of institutional and retail investors. Top institutional investors include Toronto Dominion Bank (4.16%), Norges Bank (2.41%), Bank of Nova Scotia (2.08%), TD Asset Management Inc (1.90%), Legal & General Group Plc (1.27%) and National Bank of Canada FI (1.28%). 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 $8.02. How much money does Algonquin Power & Utilities make? Algonquin Power & Utilities (NYSE:AQN) has a market capitalization of $5.52 billion and generates $2.77 billion in revenue each year. The utilities provider earns $-212,000,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. How many employees does Algonquin Power & Utilities have? The company employs 3,441 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 3/25/2023 by MarketBeat.com Staff 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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