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

Algonquin Power & Utilities' stock was trading at $13.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AQN stock has decreased by 5.0% and is now trading at $12.97. 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 results on Thursday, May, 7th. The utilities provider reported $0.19 earnings per share (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 period in the prior year, the business 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 given 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 of this dividend is Monday, June 29th. This is a positive change from Algonquin Power & Utilities's previous quarterly dividend of $0.14. View Algonquin Power & Utilities' dividend history.

13 brokers have issued 1-year price objectives for Algonquin Power & Utilities' shares. Their forecasts range from $13.00 to $19.00. On average, they anticipate Algonquin Power & Utilities' share price to reach $15.96 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price. View analysts' price targets for Algonquin Power & Utilities.

Press coverage about AQN stock has trended negative on Wednesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Algonquin Power & Utilities earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned 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 company's share price in the near future. View the latest news about Algonquin Power & Utilities.

Algonquin Power & Utilities saw a increase in short interest in the month of 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 trading volume, of 928,100 shares, the short-interest ratio is presently 2.9 days. Currently, 0.5% of the company's stock are short sold. 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), PPL (PPL), Entergy (ETR), Fortis (FTS), SSE PLC/S (SSEZY), EDP-Energias de Portugal, S.A (EDPFY), Tenaga Nasional Bhd (TNABY), Avangrid (AGR), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Korea Electric Power (KEP) and Enel Americas (ENIA). 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 variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.05%).

AQN stock was acquired by a variety of institutional investors in the last quarter, including 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 $12.97.

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]