NYSE:AQNAlgonquin Power & Utilities Stock Price, Forecast & News

Algonquin Power & Utilities' stock was trading at $13.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AQN stock has increased by 0.7% and is now trading at $13.75.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last year. There are currently 1 sell rating, 6 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold."
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Algonquin Power & Utilities is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020.
View our earnings forecast for Algonquin Power & Utilities.

Algonquin Power & Utilities will be holding an earnings conference call on Thursday, August 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Algonquin Power & Utilities Corp (NYSE:AQN) announced its quarterly earnings results on Thursday, May, 7th. The utilities provider reported $0.19 EPS for the quarter, missing the consensus estimate of $0.21 by $0.02. The utilities provider earned $464.90 million during the quarter, compared to analysts' expectations of $513.53 million. Algonquin Power & Utilities had a net margin of 23.59% and a return on equity of 8.46%. The business's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.19 earnings per share.
View Algonquin Power & Utilities' earnings history.

Algonquin Power & Utilities announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.155 per share on Wednesday, July 15th. This represents a $0.62 annualized dividend and a yield of 4.51%. The ex-dividend date is Monday, June 29th. This is an increase from Algonquin Power & Utilities's previous quarterly dividend of $0.14.
View Algonquin Power & Utilities' dividend history.

13 brokerages have issued twelve-month price objectives for Algonquin Power & Utilities' shares. Their forecasts range from $13.00 to $19.00. On average, they expect Algonquin Power & Utilities' share price to reach $15.96 in the next year. This suggests a possible upside of 16.1% from the stock's current price.
View analysts' price targets for Algonquin Power & Utilities.

News coverage about AQN stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Algonquin Power & Utilities earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about Algonquin Power & Utilities.

Algonquin Power & Utilities saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 3,560,000 shares, a decline of 15.8% from the June 30th total of 4,230,000 shares. Based on an average daily trading volume, of 856,100 shares, the days-to-cover ratio is presently 4.2 days. Currently, 0.6% of the company's stock are sold short.
View Algonquin Power & Utilities' Current Options Chain.

Some companies that are related to Algonquin Power & Utilities include Eversource Energy (ES), CLP (CLPHY), DTE Energy (DTE), Entergy (ETR), Edison International (EIX), PPL (PPL), EDP-Energias de Portugal, S.A (EDPFY), Fortis (FTS), SSE PLC/S (SSEZY), FirstEnergy (FE), Tenaga Nasional Bhd (TNABY), Avangrid (AGR), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY) and CENTRAIS ELETRI/S (EBR.B).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Algonquin Power & Utilities investors own include AT&T (T), Home Depot (HD), Verizon Communications (VZ), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), AbbVie (ABBV), Honeywell International (HON), Canopy Growth (CGC) and Walt Disney (DIS).

Algonquin Power & Utilities trades on the New York Stock Exchange (NYSE) under the ticker symbol "AQN."

Algonquin Power & Utilities' stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.43%), Copeland Capital Management LLC (0.43%), Intact Investment Management Inc. (0.32%), First Trust Advisors LP (0.22%), QV Investors Inc. (0.22%) and CIBC Asset Management Inc (0.16%).

AQN stock was sold by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Sumitomo Mitsui Trust Holdings Inc., Copeland Capital Management LLC, UBS Group AG, Zurcher Kantonalbank Zurich Cantonalbank , DC Investments Management LLC, NN Investment Partners Holdings N.V., and NN Investment Partners Holdings N.V..

AQN stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, QV Investors Inc., Intact Investment Management Inc., Mn Services Vermogensbeheer B.V., LGT Capital Partners LTD., MERIAN GLOBAL INVESTORS UK Ltd, Raymond James & Associates, and Brasada Capital Management LP.

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, Robinhood, Fidelity, and Charles Schwab.

One share of AQN stock can currently be purchased for approximately $13.75.

Algonquin Power & Utilities has a market capitalization of $8.06 billion and generates $1.62 billion in revenue each year. The utilities provider earns $530.88 million in net income (profit) each year or $0.63 on an earnings per share basis. Algonquin Power & Utilities employs 2,469 workers across the globe.

The official website for Algonquin Power & Utilities is algonquinpower.com.

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]