NYSE:AQN Algonquin Power & Utilities (AQN) Stock Forecast, Price & News $8.19 -0.10 (-1.21%) (As of 12:03 PM ET) Add Compare Share Share Today's Range$8.12▼$8.2850-Day Range$7.77▼$8.9452-Week Range$6.41▼$14.85Volume2.06 million shsAverage Volume5.36 million shsMarket Capitalization$5.64 billionP/E RatioN/ADividend Yield5.25%Price Target$10.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Algonquin Power & Utilities MarketRank™ ForecastAnalyst RatingHold2.18 Rating ScoreUpside/Downside23.8% Upside$10.13 Price TargetShort InterestHealthy3.72% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.20Upright™ Environmental ScoreNews Sentiment0.37Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth3.51%From $0.57 to $0.59 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.2.14 out of 5 starsUtilities Sector59th out of 84 stocksElectric Services Industry28th out of 40 stocks 2.1 Analyst's Opinion Consensus RatingAlgonquin Power & Utilities has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 3 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.13, Algonquin Power & Utilities has a forecasted upside of 23.8% from its current price of $8.18.Amount of Analyst CoverageAlgonquin Power & Utilities has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.72% 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 4.9.Change versus previous monthShort interest in Algonquin Power & Utilities has recently decreased by 2.66%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipAlgonquin Power & Utilities is a leading dividend payer. It pays a dividend yield of 5.23%, 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 earnings estimates, Algonquin Power & Utilities will have a dividend payout ratio of 72.88% next year. This indicates that Algonquin Power & Utilities will be able to sustain or increase its 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 2.4 News and Social Media Coverage News SentimentAlgonquin Power & Utilities has a news sentiment score of 0.37. 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 10 news articles for Algonquin Power & Utilities this week, compared to 4 articles on an average week.Search InterestOnly 22 people have searched for AQN on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat Follows12 people have added Algonquin Power & Utilities to their MarketBeat watchlist in the last 30 days. This is an increase of 140% 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 3.51% in the coming year, from $0.57 to $0.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algonquin Power & Utilities is -136.31, 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 -136.31, 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 4.79. 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 0.82. 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. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the following business segments: Regulated Services Group, Renewable Energy Group, and Corporate. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission. The Renewable Energy Group segment focuses on operating a diversified portfolio of renewable and thermal electric generation assets. The Corporate segment relates to other energy generation and water distribution related activities. 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 HeadlinesMay 30, 2023 | americanbankingnews.comAlgonquin Power & Utilities Corp. to Post FY2023 Earnings of $0.56 Per Share, National Bank Financial Forecasts (NYSE:AQN)May 29, 2023 | seekingalpha.comAlgonquin And Atlantica: Strategic Reviews Could Be A Major CatalystMay 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.May 25, 2023 | finance.yahoo.comWith 56% ownership of the shares, Algonquin Power & Utilities Corp. (TSE:AQN) is heavily dominated by institutional ownersMay 20, 2023 | americanbankingnews.comAlgonquin Power & Utilities Corp. (NYSE:AQN) Given Average Recommendation of "Hold" by AnalystsMay 19, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Receives New Coverage from Analysts at StockNews.comMay 18, 2023 | msn.comAlgonquin Power & Utilities (AQN) Declares $0.11 DividendMay 17, 2023 | americanbankingnews.comAlgonquin Power & Utilities Corp. (NYSE:AQN) Forecasted to Earn Q3 2023 Earnings of $0.14 Per ShareMay 31, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 16, 2023 | msn.comBig Question for Algonquin Power & Utilities: Sell or Not to Sell Renewables Biz?May 16, 2023 | markets.businessinsider.comAlgonquin Power & Utilities (AQN) Receives a Hold from Bank of America SecuritiesMay 16, 2023 | americanbankingnews.comFY2023 EPS Estimates for Algonquin Power & Utilities Corp. Cut by Analyst (NYSE:AQN)May 13, 2023 | americanbankingnews.comAlgonquin Power & Utilities (NYSE:AQN) Price Target Raised to $10.00 at Wells Fargo & CompanyMay 12, 2023 | seekingalpha.comAlgonquin: Strategic Review And A Play We LikeMay 11, 2023 | theglobeandmail.comAlgonquin Power and Utilities launches strategic review of renewable energy groupMay 11, 2023 | finance.yahoo.comAlgonquin Power & Utilities (AQN) Q1 Earnings and Revenues Beat EstimatesMay 10, 2023 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Pref D down on Tuesday (AQN-PR-D)May 10, 2023 | americanbankingnews.comAlgonquin Power & Utilities (AQN) Scheduled to Post Earnings on ThursdayMay 9, 2023 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Pref A down on Monday (AQN-PR-A)May 8, 2023 | marketwatch.comAlgonquin Power & Utilities Corp. stock rises Monday, still underperforms marketMay 6, 2023 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Pref A down on Wednesday (AQN-PR-A)May 5, 2023 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Pref A down on Thursday (AQN-PR-A)April 28, 2023 | finance.yahoo.comAlgonquin Power & Utilities Corp. (TSE:AQN) is up 4.8%, but insiders still continue to see a loss of US$72k on their US$3.0m investmentApril 28, 2023 | americanbankingnews.comRaymond James Comments on Algonquin Power & Utilities Corp.'s Q1 2023 Earnings (NYSE:AQN)April 27, 2023 | americanbankingnews.comAlgonquin Power & Utilities Corp. (NYSE:AQN) Forecasted to Post Q2 2023 Earnings of $0.15 Per ShareApril 25, 2023 | americanbankingnews.comAlgonquin Power & Utilities Corp. (NYSE:AQN) Given Consensus Recommendation of "Hold" by AnalystsApril 22, 2023 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Pref D up on Friday (AQN-PR-D)See 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 4/14 Dividend3/30/2023Dividend Payable4/14/2023Last Earnings5/11/2023Today5/31/2023Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Next Earnings (Estimated)8/10/2023Fiscal 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$10.13 High Stock Price Forecast$14.25 Low Stock Price Forecast$7.50 Forecasted Upside/Downside+22.1%Consensus RatingHold Rating Score (0-4)2.18 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.06) Trailing P/E RatioN/A Forward P/E Ratio14.55 P/E Growth4.79Net Income$-211,990,000.00 Net Margins-1.17% Pretax Margin-5.59% Return on Equity6.74% Return on Assets2.56% Debt Debt-to-Equity Ratio1.07 Current Ratio0.75 Quick Ratio0.61 Sales & Book Value Annual Sales$2.77 billion Price / Sales2.07 Cash Flow$1.36 per share Price / Cash Flow6.10 Book Value$9.72 per share Price / Book0.85Miscellaneous Outstanding Shares688,590,000Free Float688,248,000Market Cap$5.71 billion OptionableNot Optionable Beta0.51 Key ExecutivesArun BanskotaPresident, Chief Executive Officer & DirectorJohnny JohnstonChief Operating OfficerDarren G. MyersChief Financial OfficerColin Michael PennyExecutive VP-Information Technology & DigitalMary Ellen ParavalosChief Compliance & Risk OfficerKey CompetitorsIDACORPNYSE:IDACEMIGNYSE:CIGPortland General ElectricNYSE:POROGE EnergyNYSE:OGECompanhia Paranaense de Energia - COPELNYSE:ELPView All CompetitorsInstitutional OwnershipToroso Investments LLCBought 19,883 shares on 5/23/2023Ownership: 0.015%Putnam Investments LLCBought 491,223 shares on 5/22/2023Ownership: 0.071%JPMorgan Chase & Co.Bought 105,671 shares on 5/18/2023Ownership: 0.488%Harvest Portfolios Group Inc.Bought 19,600 shares on 5/18/2023Ownership: 0.003%Belpointe Asset Management LLCSold 7,261 shares on 5/16/2023Ownership: 0.003%View All Institutional Transactions AQN Stock - Frequently Asked Questions Should I buy or sell Algonquin Power & Utilities stock right now? 11 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, 7 hold ratings and 3 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? 11 brokerages have issued 12 month price targets for Algonquin Power & Utilities' shares. Their AQN share price forecasts range from $7.50 to $14.25. On average, they predict the company's share price to reach $10.13 in the next twelve months. This suggests a possible upside of 22.1% 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 increased by 27.2% and is now trading at $8.2950. View the best growth stocks for 2023 here. When is Algonquin Power & Utilities' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our AQN earnings forecast. How were Algonquin Power & Utilities' earnings last quarter? Algonquin Power & Utilities Corp. (NYSE:AQN) announced its earnings results on Thursday, May, 11th. The utilities provider reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The utilities provider had revenue of $778.60 million for the quarter, compared to the consensus estimate of $770.77 million. Algonquin Power & Utilities had a negative net margin of 1.17% and a positive trailing twelve-month return on equity of 6.74%. How often does Algonquin Power & Utilities pay dividends? What is the dividend yield for Algonquin Power & Utilities? Algonquin Power & Utilities announced a quarterly dividend on Thursday, May 11th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.216 per share on Friday, July 14th. This represents a $0.86 annualized dividend and a yield of 10.42%. The ex-dividend date of this dividend is Thursday, June 29th. This is a boost from the stock's previous quarterly dividend of $0.11. Read our dividend analysis for AQN. What ETF holds Algonquin Power & Utilities' stock ? iShares U.S. Infrastructure ETF holds 1,702,237 shares of AQN stock, representing 0.83% 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 5.23%. 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 updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of $0.55-$0.61 for the period, compared to the consensus estimate of $0.58. The company issued revenue guidance of -. 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 retail and institutional investors. Top institutional shareholders include Toronto Dominion Bank (2.20%), Bank of America Corp DE (1.34%), National Bank of Canada FI (1.30%), Scotia Capital Inc. (0.81%), Cooper Creek Partners Management LLC (0.76%) and Intact Investment Management Inc. (0.76%). 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 $8.30. How much money does Algonquin Power & Utilities make? Algonquin Power & Utilities (NYSE:AQN) has a market capitalization of $5.71 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 ($0.06) 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 5/31/2023 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. 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