S&P 500   4,305.20 (+0.19%)
DOW   34,152.01 (+0.71%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
S&P 500   4,305.20 (+0.19%)
DOW   34,152.01 (+0.71%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
S&P 500   4,305.20 (+0.19%)
DOW   34,152.01 (+0.71%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
S&P 500   4,305.20 (+0.19%)
DOW   34,152.01 (+0.71%)
QQQ   332.28 (-0.23%)
AAPL   173.03 (-0.09%)
MSFT   292.71 (-0.26%)
META   179.47 (-0.79%)
GOOGL   121.70 (-0.31%)
AMZN   144.78 (+1.12%)
TSLA   919.69 (-0.89%)
NVDA   188.79 (-0.80%)
NIO   20.91 (-1.83%)
BABA   92.65 (-1.65%)
AMD   100.20 (-0.80%)
MU   63.86 (-1.30%)
T   18.57 (+0.98%)
CGC   3.78 (-1.05%)
F   16.43 (+0.67%)
GE   81.07 (+1.58%)
DIS   124.96 (+0.56%)
AMC   24.81 (+2.48%)
PYPL   102.08 (+0.56%)
PFE   49.86 (+0.22%)
NFLX   245.69 (-1.37%)
NYSE:AQN

Algonquin Power & Utilities - AQN Stock Forecast, Price & News

$14.55
+0.01 (+0.07%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.48
$14.61
50-Day Range
$12.96
$14.67
52-Week Range
$12.88
$16.01
Volume
1.55 million shs
Average Volume
2.07 million shs
Market Capitalization
$9.80 billion
P/E Ratio
48.50
Dividend Yield
4.95%
Price Target
$16.31

Algonquin Power & Utilities MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
12.1% Upside
$16.31 Price Target
Short Interest
Healthy
2.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.32
Upright™ Environmental Score
News Sentiment
0.09mentions of Algonquin Power & Utilities in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.11%
From $0.74 to $0.80 Per Share

Overall MarketRank

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

2.46 out of 5 stars

Utilities Sector

24th out of 92 stocks

Electric Services Industry

8th out of 42 stocks

AQN stock logo

About Algonquin Power & Utilities (NYSE:AQN) Stock

Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada, the United States, Chile, and Bermuda. It generates and sells electrical energy through renewable and clean energy power generation facilities. The company also owns and operates hydroelectric, wind, solar, and thermal facilities with generating capacity of approximately 2.3 gigawatt; and regulated electric, natural gas, water distribution, and wastewater collection utility systems. As of December 31, 2021, it serves approximately 307,000 electric connections; 373,000 natural gas connections; and 413,000 regulated water distribution and wastewater collection utility systems. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

Algonquin Power & Utilities Stock Up 0.3 %

Shares of NYSE:AQN opened at $14.54 on Tuesday. The company has a market cap of $9.80 billion, a price-to-earnings ratio of 48.47, a PEG ratio of 2.60 and a beta of 0.45. The firm's 50-day simple moving average is $13.71 and its 200-day simple moving average is $14.35. The company has a quick ratio of 0.79, a current ratio of 0.96 and a debt-to-equity ratio of 1.01. Algonquin Power & Utilities has a fifty-two week low of $12.88 and a fifty-two week high of $16.01.

Algonquin Power & Utilities (NYSE:AQN - Get Rating) last issued its earnings results on Thursday, August 11th. The utilities provider reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.01. Algonquin Power & Utilities had a net margin of 8.27% and a return on equity of 7.04%. During the same period in the prior year, the business earned $0.15 EPS. As a group, equities research analysts predict that Algonquin Power & Utilities will post 0.74 earnings per share for the current year.

Algonquin Power & Utilities Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 29th will be issued a dividend of $0.1808 per share. This represents a $0.72 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend is Wednesday, September 28th. Algonquin Power & Utilities's dividend payout ratio is currently 240.00%.

Wall Street Analysts Forecast Growth

AQN has been the topic of several research reports. TD Securities lowered their price objective on shares of Algonquin Power & Utilities from $17.00 to $16.50 and set a "buy" rating on the stock in a research report on Monday, May 16th. Raymond James lowered their price objective on shares of Algonquin Power & Utilities from $20.00 to $18.00 and set an "outperform" rating on the stock in a research report on Friday, May 13th. Credit Suisse Group lowered their price objective on shares of Algonquin Power & Utilities to $16.00 in a research report on Friday, May 27th. National Bank Financial downgraded shares of Algonquin Power & Utilities from an "outperform" rating to a "sector perform" rating and set a $16.00 price objective on the stock. in a research report on Wednesday, May 4th. Finally, National Bankshares downgraded shares of Algonquin Power & Utilities from an "outperform" rating to a "sector perform" rating and set a $16.00 price objective on the stock. in a research report on Wednesday, May 4th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $16.31.

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.

AQN Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Unitil (UTL) Q1 Earnings Meet Estimates
Shares of AQN Now Oversold
PG&E (PCG) Beats Q1 Earnings and Revenue Estimates
Algonquin Power & Utilities Corp AQN
See More Headlines
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.

AQN Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
8/11/2022
Today
8/16/2022
Ex-Dividend for 10/14 Dividend
9/28/2022
Dividend Payable
10/14/2022
Next Earnings (Estimated)
11/10/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Sector
Utilities
Employees
3,441
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$16.31
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$15.50
Forecasted Upside/Downside
+12.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$264.86 million
Pretax Margin
9.61%

Debt

Sales & Book Value

Annual Sales
$2.29 billion
Cash Flow
$1.27 per share
Book Value
$10.71 per share

Miscellaneous

Free Float
N/A
Market Cap
$9.80 billion
Optionable
Not Optionable
Beta
0.45

Key Executives

  • Mr. Arun Banskota (Age 61)
    Pres, CEO & Director
    Comp: $1.75M
  • Mr. Arthur Kacprzak
    Chief Financial Officer
  • Mr. Anthony Johnston
    Chief Operating Officer
  • Ms. Jennifer Tindale (Age 50)
    Chief Legal Officer & Corp. Sec.
    Comp: $609.11k
  • Mr. Jeffery Norman (Age 53)
    Chief Devel. Officer
    Comp: $670.67k
  • Amelia Tsang
    VP of Investor Relations
  • Ms. Mary Ellen Paravalos
    Chief Compliance & Risk Officer
  • Stephanie Bose
    Director of Corp. Communications
  • Ms. Kirsten Olsen
    Chief HR Officer
  • Mr. Michael Dilworth
    Sr. VP of Solar Devel. Group













AQN Stock - Frequently Asked Questions

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

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last year. There are currently 6 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 2022?

9 equities research analysts have issued 1 year target prices for Algonquin Power & Utilities' stock. Their AQN share price forecasts range from $15.50 to $18.00. On average, they expect the company's share price to reach $16.31 in the next twelve months. This suggests a possible upside of 12.1% 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 2022?

Algonquin Power & Utilities' stock was trading at $14.45 at the start of the year. Since then, AQN stock has increased by 0.7% and is now trading at $14.55.
View the best growth stocks for 2022 here
.

Are investors shorting Algonquin Power & Utilities?

Algonquin Power & Utilities saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 15,270,000 shares, a decrease of 31.3% from the June 30th total of 22,220,000 shares. Based on an average daily volume of 2,200,000 shares, the short-interest ratio is currently 6.9 days. Approximately 2.3% 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, November 10th 2022.
View our AQN earnings forecast
.

How were Algonquin Power & Utilities' earnings last quarter?

Algonquin Power & Utilities Corp. (NYSE:AQN) posted its quarterly earnings results on Thursday, August, 11th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.01. Algonquin Power & Utilities had a trailing twelve-month return on equity of 7.04% and a net margin of 8.27%. During the same quarter in the previous year, the company earned $0.15 EPS.

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 Monday, August 15th. Shareholders of record on Thursday, September 29th will be given a dividend of $0.1808 per share on Friday, October 14th. This represents a $0.72 annualized dividend and a yield of 4.97%. The ex-dividend date is Wednesday, September 28th.
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 4.95%. AQN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 240.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AQN will have a dividend payout ratio of 90.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AQN.

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 institutional and retail investors. Top institutional investors include TD Asset Management Inc. (2.40%), Bank of Nova Scotia (2.01%), Toronto Dominion Bank (1.64%), Cibc World Market Inc. (1.59%), Mackenzie Financial Corp (1.04%) and Scotia Capital Inc. (0.99%).

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 $14.55.

How much money does Algonquin Power & Utilities make?

Algonquin Power & Utilities (NYSE:AQN) has a market capitalization of $9.80 billion and generates $2.29 billion in revenue each year. The utilities provider earns $264.86 million in net income (profit) each year or $0.30 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 8/16/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.