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

Algonquin Power & Utilities' stock was trading at $13.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AQN stock has decreased by 5.1% and is now trading at $12.96. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Algonquin Power & Utilities.

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 Corp (NYSE:AQN) announced its quarterly earnings data on Thursday, May, 7th. The utilities provider reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks' 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 return on equity of 8.46% and a net margin of 23.59%. The business's revenue for the quarter was down 2.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.19 EPS. View Algonquin Power & Utilities' earnings history.

Algonquin Power & Utilities announced a quarterly dividend on Thursday, May 7th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.155 per share on Wednesday, July 15th. This represents a $0.62 dividend on an annualized basis and a yield of 4.78%. 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 12-month price targets 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 twelve months. This suggests a possible upside of 23.1% from the stock's current price. View analysts' price targets for Algonquin Power & Utilities.

Media coverage about AQN stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Algonquin Power & Utilities earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news about Algonquin Power & Utilities.

Algonquin Power & Utilities saw a increase in short interest in June. As of June 15th, there was short interest totaling 2,680,000 shares, an increase of 14.5% from the May 31st total of 2,340,000 shares. Based on an average daily volume of 928,100 shares, the short-interest ratio is currently 2.9 days. Approximately 0.5% of the shares of the stock are sold short. View Algonquin Power & Utilities' Current Options Chain.

Some companies that are related to Algonquin Power & Utilities include CLP (CLPHY), FirstEnergy (FE), DTE Energy (DTE), Edison International (EIX), Entergy (ETR), PPL (PPL), EDP-Energias de Portugal, S.A (EDPFY), SSE PLC/S (SSEZY), Fortis (FTS), Tenaga Nasional Bhd (TNABY), Avangrid (AGR), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Korea Electric Power (KEP) and Vistra Energy (VST). View all competitors.

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 LGT Capital Partners LTD. (0.18%), Envestnet Asset Management Inc. (0.05%) and Spirit of America Management Corp NY (0.00%).

AQN stock was purchased by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Spirit of America Management Corp NY, and Envestnet Asset Management Inc..

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 $12.96.

Algonquin Power & Utilities has a market capitalization of $6.85 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]