NYSE:AQN Algonquin Power & Utilities Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Algonquin Power & Utilities Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $13.86 +0.34 (+2.51%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$13.59▼$13.8950-Day Range$12.96▼$15.8352-Week Range$12.88▼$16.10Volume2.35 million shsAverage Volume2.20 million shsMarket Capitalization$9.34 billionP/E Ratio27.18Dividend Yield5.03%Price Target$16.31 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability 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 Stock Forecast (MarketRank)Overall MarketRank™2.32 out of 5 starsUtilities Sector57th out of 120 stocksElectric Services Industry22nd out of 56 stocksAnalyst Opinion: 2.2Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 - 2.2 Analyst's Opinion Consensus RatingAlgonquin Power & Utilities has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.31, Algonquin Power & Utilities has a forecasted upside of 17.7% from its current price of $13.86.Amount of Analyst CoverageAlgonquin Power & Utilities has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Community Rank Outperform VotesAlgonquin Power & Utilities has received 246 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAlgonquin Power & Utilities has received 163 “underperform” votes. (Add your “underperform” vote.)Community SentimentAlgonquin Power & Utilities has received 60.15% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Algonquin Power & Utilities and other stocks. Vote “Outperform” if you believe AQN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AQN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipAlgonquin Power & Utilities is a leading dividend payer. It pays a dividend yield of 5.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlgonquin Power & Utilities has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Algonquin Power & Utilities is 133.34%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Algonquin Power & Utilities will have a dividend payout ratio of 85.00% in the coming year. This indicates that Algonquin Power & Utilities may not be able to sustain their current dividend. 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 Institutions45.25% 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 8.11% in the coming year, from $0.74 to $0.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algonquin Power & Utilities is 27.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.30.Price to Earnings Ratio vs. SectorThe P/E ratio of Algonquin Power & Utilities is 27.18, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 16.76.Price to Earnings Growth RatioAlgonquin Power & Utilities has a PEG Ratio of 2.22. 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 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Algonquin Power & Utilities (NYSE:AQN)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.Read More AQN Stock News HeadlinesJune 21, 2022 | msn.comAQN Stock: 3 Reasons Algonquin Power Is a BuyJune 4, 2022 | americanbankingnews.comAnalyzing Heliogen (NYSE:HLGN) & Algonquin Power & Utilities (NYSE:AQN)May 24, 2022 | finance.yahoo.comAlgonquin Power & Utility Stock Sees RS Rating Jump To 85May 14, 2022 | finance.yahoo.comAlgonquin Power & Utilities Corp. (AQN) Q1 2022 Earnings Call TranscriptMay 13, 2022 | seekingalpha.comAlgonquin Power & Utilities Corp. (AQN) CEO Arun Banskota on Q1 2022 Results - Earning Call TranscriptMay 13, 2022 | seekingalpha.comAlgonquin Power & Utilities Non-GAAP EPS of $0.21 in-line, revenue of $735.7M beats by $26.09MMay 13, 2022 | seekingalpha.comAlgonquin Power & Utilities raises dividend by 6% to $0.1808/shareMay 11, 2022 | seekingalpha.comAlgonquin Power & Utilities Q1 2022 Earnings PreviewMay 4, 2022 | finance.yahoo.comNiSource (NI) Q1 Earnings Miss Estimates, Revenues BeatMay 3, 2022 | msn.com5 Top Passive-Income Stocks to Buy in May 2022May 3, 2022 | finance.yahoo.comUnitil (UTL) Q1 Earnings Meet EstimatesMay 3, 2022 | finance.yahoo.comWEC Energy (WEC) Beats Q1 Earnings Estimates, Ups 2022 ViewMay 2, 2022 | nasdaq.comShares of AQN Now OversoldSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorUtilities Current SymbolNYSE:AQN CUSIPN/A CIK1174169 Webalgonquinpower.com Phone(905) 465-4500Fax905-465-4514Employees3,441Year FoundedN/ACompany Calendar Ex-Dividend for 4/14 Dividend3/30/2022Dividend Payable4/14/2022Last Earnings5/12/2022Today6/24/2022Ex-Dividend for 7/15 Dividend6/29/2022Dividend Payable7/15/2022Next Earnings (Estimated)8/11/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$16.31 High Stock Price Forecast$18.00 Low Stock Price Forecast$15.50 Forecasted Upside/Downside+17.7%Consensus RatingHold Rating Score (0-4)2.33333333333333 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.509990 Trailing P/E Ratio27.18 Forward P/E Ratio18.73 P/E Growth2.22Net Income$264.86 million Net Margins14.33% Pretax Margin9.61% Return on Equity6.88% Return on Assets2.76% Debt Debt-to-Equity Ratio1.01 Current Ratio0.96 Quick Ratio0.79 Sales & Book Value Annual Sales$2.29 billion Price / Sales4.09 Cash Flow$1.32 per share Price / Cash Flow10.47 Book Value$10.71 per share Price / Book1.29Miscellaneous Outstanding Shares673,677,000Free FloatN/AMarket Cap$9.34 billion OptionableNot Optionable Beta0.43 Algonquin Power & Utilities 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 twelve months. 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" Algonquin Power & Utilities stock. 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 analyst ratings for Algonquin Power & Utilities or view top-rated stocks. What is Algonquin Power & Utilities' stock price forecast for 2022? 9 brokers have issued 1 year price targets for Algonquin Power & Utilities' stock. Their AQN stock forecasts range from $15.50 to $18.00. On average, they anticipate Algonquin Power & Utilities' share price to reach $16.31 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View analysts' price targets for Algonquin Power & Utilities or view top-rated stocks among Wall Street analysts. How has Algonquin Power & Utilities' stock performed in 2022? Algonquin Power & Utilities' stock was trading at $14.45 at the beginning of the year. Since then, AQN shares have decreased by 4.1% and is now trading at $13.86. View the best growth stocks for 2022 here. When is Algonquin Power & Utilities' next earnings date? Algonquin Power & Utilities is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for Algonquin Power & Utilities. How were Algonquin Power & Utilities' earnings last quarter? Algonquin Power & Utilities Corp. (NYSE:AQN) posted its earnings results on Thursday, May, 12th. The utilities provider reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. The utilities provider had revenue of $735.70 million for the quarter, compared to analyst estimates of $709.61 million. Algonquin Power & Utilities had a trailing twelve-month return on equity of 6.88% and a net margin of 14.33%. Algonquin Power & Utilities's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter last year, the business earned $0.20 earnings per share. View Algonquin Power & Utilities' earnings history. 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 Thursday, May 12th. Investors of record on Thursday, June 30th will be given a dividend of $0.363 per share on Friday, July 15th. This represents a $1.45 dividend on an annualized basis and a yield of 10.48%. The ex-dividend date of this dividend is Wednesday, June 29th. This is a boost from Algonquin Power & Utilities's previous quarterly dividend of $0.17. View Algonquin Power & Utilities' dividend history. Is Algonquin Power & Utilities a good dividend stock? Algonquin Power & Utilities(NYSE:AQN) pays an annual dividend of $0.68 per share and currently has a dividend yield of 5.03%. AQN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Algonquin Power & Utilities 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 of Algonquin Power & Utilities is 133.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Algonquin Power & Utilities will have a dividend payout ratio of 85.00% in the coming year. This indicates that Algonquin Power & Utilities may not be able to sustain their current dividend. View Algonquin Power & Utilities' dividend history. What guidance has Algonquin Power & Utilities issued on next quarter's earnings? Algonquin Power & Utilities issued an update on its FY 2022 earnings guidance on Friday, April, 1st. The company provided earnings per share guidance of $0.720-$0.770 for the period, compared to the consensus estimate of $0.760. The company issued revenue guidance of -. Who are Algonquin Power & Utilities' key executives? Algonquin Power & Utilities' management team includes the following people: Mr. Arun Banskota, Pres, CEO & Director (Age 61, Pay $1.45M)Mr. Arthur Kacprzak, Chief Financial OfficerMr. Anthony Johnston, Chief Operating OfficerMs. Jennifer Tindale, Chief Legal Officer & Corp. Sec. (Age 50, Pay $612.36k)Mr. Jeffery Norman, Chief Devel. Officer (Age 53, Pay $664.54k)Amelia Tsang, VP of Investor RelationsMs. Mary Ellen Paravalos, Chief Compliance & Risk OfficerStephanie Bose, Director of Corp. CommunicationsMs. Kirsten Olsen, Chief HR OfficerMr. Michael Dilworth, Sr. VP of Solar Devel. Group What is Ian Robertson's approval rating as Algonquin Power & Utilities' CEO? 25 employees have rated Algonquin Power & Utilities CEO Ian Robertson on Glassdoor.com. Ian Robertson has an approval rating of 85% among Algonquin Power & Utilities' employees. Who are some of Algonquin Power & Utilities' key competitors? Some companies that are related to Algonquin Power & Utilities include Eversource Energy (ES), Edison International (EIX), DTE Energy (DTE), Entergy (ETR), Fortis (FTS), FirstEnergy (FE), CLP (CLPHY), PPL (PPL), EDP - Energias de Portugal (EDPFY), CenterPoint Energy (CNP), Avangrid (AGR), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Tenaga Nasional Berhad (TNABY), Korea Electric Power (KEP) and Vistra (VST). View all of AQN's competitors. 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 variety of institutional and retail investors. Top institutional investors include Bank of Montreal Can (5.79%), Royal Bank of Canada (4.61%), Vanguard Group Inc. (3.34%), TD Asset Management Inc. (2.44%), Toronto Dominion Bank (1.66%) and Bank of Nova Scotia (1.50%). Which institutional investors are selling Algonquin Power & Utilities stock? AQN stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Royal Bank of Canada, Healthcare of Ontario Pension Plan Trust Fund, TD Asset Management Inc., DekaBank Deutsche Girozentrale, Hsbc Holdings PLC, First Trust Advisors LP, and Toronto Dominion Bank. Which institutional investors are buying Algonquin Power & Utilities stock? AQN stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Connor Clark & Lunn Investment Management Ltd., Bank of Nova Scotia, Renaissance Technologies LLC, Vanguard Group Inc., Mackenzie Financial Corp, Federated Hermes Inc., and Invesco Ltd.. How do I buy shares of Algonquin Power & Utilities? Shares of AQN 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 $13.86. How much money does Algonquin Power & Utilities make? Algonquin Power & Utilities (NYSE:AQN) has a market capitalization of $9.34 billion and generates $2.29 billion in revenue each year. The utilities provider earns $264.86 million in net income (profit) each year or $0.509990 on an earnings per share basis. How many employees does Algonquin Power & Utilities have? Algonquin Power & Utilities 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 Algonquin Power & Utilities is algonquinpower.com. The utilities provider can be reached via phone at (905) 465-4500, via email at [email protected], or via fax at 905-465-4514. This page (NYSE:AQN) was last updated on 6/24/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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