Positive News Sentiment NYSE:AQN Algonquin Power & Utilities - AQN 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. $7.18 -0.12 (-1.64%) (As of 01/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.17▼$7.2950-Day Range$6.52▼$7.6852-Week Range$6.41▼$16.01Volume3.51 million shsAverage Volume6.64 million shsMarket Capitalization$4.84 billionP/E Ratio119.67Dividend Yield9.91%Price Target$10.22 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Algonquin Power & Utilities MarketRank™ ForecastAnalyst RatingHold2.22 Rating ScoreUpside/Downside41.7% Upside$10.22 Price TargetShort InterestHealthy3.32% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.70Upright™ Environmental ScoreNews Sentiment1.52Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-10.45%From $0.67 to $0.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.17 out of 5 starsUtilities Sector2nd out of 85 stocksElectric Services Industry1st out of 42 stocks 4.1 Analyst's Opinion Consensus RatingAlgonquin Power & Utilities has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 3 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.22, Algonquin Power & Utilities has a forecasted upside of 41.7% from its current price of $7.21.Amount of Analyst CoverageAlgonquin Power & Utilities has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.32% of the float of Algonquin Power & Utilities has been sold short.Short Interest Ratio / Days to CoverAlgonquin Power & Utilities has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Algonquin Power & Utilities has recently decreased by 40.21%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipAlgonquin Power & Utilities is a leading dividend payer. It pays a dividend yield of 9.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlgonquin Power & Utilities has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of Algonquin Power & Utilities is 1,200.00%. 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 120.00% in the coming year. This indicates that Algonquin Power & Utilities may not be able to sustain their current dividend. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlgonquin Power & Utilities has received a 41.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Natural gas distribution", "Electricity produced with geothermal power", and "Electricity produced with hydropower" products. See details.Environmental SustainabilityThe Environmental Impact score for Algonquin Power & Utilities is -0.70. Previous Next 4.2 News and Social Media Coverage News SentimentAlgonquin Power & Utilities has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Algonquin Power & Utilities this week, compared to 2 articles on an average week.Search Interest118 people have searched for AQN on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.MarketBeat Follows31 people have added Algonquin Power & Utilities to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days. 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 InsidersOnly 0.05% of the stock of Algonquin Power & Utilities is held by insiders.Percentage Held by Institutions41.26% 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 decrease by -10.45% in the coming year, from $0.67 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Algonquin Power & Utilities is 120.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Algonquin Power & Utilities is 120.17, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 88.44.Price to Earnings Growth RatioAlgonquin Power & Utilities has a PEG Ratio of 4.02. 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 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Algonquin Power & Utilities (NYSE:AQN) StockAlgonquin Power & Utilities Corp. operates as a diversified utility company. The firm engages in the ownership and operation of a portfolio of regulated and non-regulated generation, distribution and transmission utility assets. It operates through the following segments: Regulated Services Group, and Renewable Energy Group. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution and wastewater collection utility systems and transmission operations in the United States and Canada. The Renewable Energy Group segment owns and operates a diversified portfolio of renewable and thermal electric generation assets in North America and internationally. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.Read More 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 News HeadlinesJanuary 20, 2023 | americanbankingnews.comAlgonquin Power & Utilities Corp. (NYSE:AQN) Given Average Rating of "Hold" by BrokeragesJanuary 19, 2023 | fool.caTSX Stocks on Sale: Algonquin Power & Utilities, Fortis, and MoreJanuary 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 17, 2023 | fool.caAlgonquin Power & Utilities Stock Just Hit 52-week Lows: Is It a Buy Today?January 7, 2023 | theglobeandmail.comWhy is Algonquin Power rallying? Any news on the dividend is good newsDecember 27, 2022 | msn.comBetter Buy: Shopify or Algonquin Stock?December 27, 2022 | investing.comAlgonquin Power & Utilities Corp. PT Lowered to $7 at BMO CapitalDecember 25, 2022 | ca.finance.yahoo.comWhat’s Next for Algonquin Power Stock as it Falls to New Lows?January 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 20, 2022 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Corp down on Monday (AQN)December 16, 2022 | finance.yahoo.comAlgonquin Power & Utilities Corp.'s (TSE:AQN) largest shareholders are individual investors with 54% ownership, institutions own 46%December 15, 2022 | marketwatch.comAlgonquin Power & Utilities Corp. stock rises Thursday, outperforms marketDecember 12, 2022 | ca.finance.yahoo.com2 TSX Utilities I’d Buy Over Algonquin Stock Right NowDecember 12, 2022 | seekingalpha.comAltaGas Vs. Algonquin: Discounted Utilities With Ominous SimilaritiesDecember 8, 2022 | finance.yahoo.comWhy Algonquin Power & Utilities Stock Plunged 31.7% in NovemberNovember 30, 2022 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Corp down on Tuesday (AQN)November 30, 2022 | markets.businessinsider.comExpert Ratings for Algonquin PowerNovember 30, 2022 | msn.comAlgonquin Power Stock: Time to Buy or Buyer Beware?November 26, 2022 | theglobeandmail.comClosing Bell: Algonquin Power and Utilities Corp down on Thursday (AQN)November 25, 2022 | fool.caAlgonquin Insiders Are Loading Up on AQN Stock – Should You Follow?November 21, 2022 | msn.comBetter Buy Today: Algonquin Power Stock or Rogers Stock?November 19, 2022 | finance.yahoo.comTrade Alert: The President Of Algonquin Power & Utilities Corp. (TSE:AQN), Arun Banskota, Has Just Spent US$1.5m Buying 158% More SharesNovember 18, 2022 | finance.yahoo.comWhy Algonquin Power & Utilities Stock Plunged Below $8 This WeekNovember 17, 2022 | baystreet.caAlgonquin Power & Utilities Stock Crash: Is it Time to Buy?November 14, 2022 | seekingalpha.comAlgonquin Power -30% in two days after weak Q3 results, more downgradesNovember 14, 2022 | finance.yahoo.comCompany News for Nov 14, 2022November 13, 2022 | finance.yahoo.comAlgonquin Power & Utilities Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS LagsSee More Headlines 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 Company Calendar Last Earnings11/11/2022Ex-Dividend for 1/13 Dividend12/29/2022Dividend Payable1/13/2023Today1/30/2023Next Earnings (Estimated)3/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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/APrice Target and Rating Average Stock Price Forecast$10.22 High Stock Price Forecast$14.25 Low Stock Price Forecast$7.50 Forecasted Upside/Downside+42.3%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.06 Trailing P/E Ratio119.67 Forward P/E Ratio10.72 P/E Growth4.02Net Income$264.86 million Net Margins1.45% Pretax Margin-3.99% Return on Equity6.65% Return on Assets2.64% Debt Debt-to-Equity Ratio1.10 Current Ratio0.72 Quick Ratio0.56 Sales & Book Value Annual Sales$2.62 billion Price / Sales1.85 Cash Flow$1.25 per share Price / Cash Flow5.75 Book Value$10.71 per share Price / Book0.67Miscellaneous Outstanding Shares674,292,000Free Float673,955,000Market Cap$4.84 billion OptionableNot Optionable Beta0.48 Key ExecutivesArun BanskotaPresident, Chief Executive Officer & DirectorJohnny JohnstonChief Operating OfficerDarren G. MyersChief Financial OfficerColin Michael PennyExecutive VP-IT & Digital TransformationMary Ellen ParavalosChief Compliance & Risk OfficerKey CompetitorsCEMIGNYSE:CIGBlack HillsNYSE:BKHIDACORPNYSE:IDAHawaiian Electric IndustriesNYSE:HEPNM ResourcesNYSE:PNMView All CompetitorsInsiders & InstitutionsNational Bank of Canada FIBought 3,823,681 shares on 1/24/2023Ownership: 1.279%Pallas Capital Advisors LLCBought 138,690 shares on 1/24/2023Ownership: 0.021%Davis Rea LTD.Bought 10,929 shares on 1/24/2023Ownership: 0.002%Allspring Global Investments Holdings LLCSold 6,800 shares on 1/23/2023Ownership: 0.003%Baskin Financial Services Inc.Bought 10,600 shares on 1/23/2023Ownership: 0.002%View All Institutional Transactions AQN Stock - Frequently Asked Questions Should I buy or sell Algonquin Power & Utilities stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Algonquin Power & Utilities in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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 2023? 9 analysts have issued twelve-month target prices for Algonquin Power & Utilities' shares. Their AQN share price forecasts range from $7.50 to $14.25. On average, they anticipate the company's share price to reach $10.22 in the next year. This suggests a possible upside of 41.9% 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 2023? Algonquin Power & Utilities' stock was trading at $6.52 on January 1st, 2023. Since then, AQN stock has increased by 10.4% and is now trading at $7.20. View the best growth stocks for 2023 here. Are investors shorting Algonquin Power & Utilities? Algonquin Power & Utilities saw a drop in short interest in January. As of January 15th, there was short interest totaling 22,660,000 shares, a drop of 40.2% from the December 31st total of 37,900,000 shares. Based on an average trading volume of 6,940,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 3.3% of the company's shares are sold short. 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, March 2nd 2023. View our AQN earnings forecast. How were Algonquin Power & Utilities' earnings last quarter? Algonquin Power & Utilities Corp. (NYSE:AQN) posted its earnings results on Friday, November, 11th. The utilities provider reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.05. The utilities provider earned $666.72 million during the quarter, compared to analyst estimates of $614.83 million. Algonquin Power & Utilities had a net margin of 1.45% and a trailing twelve-month return on equity of 6.65%. 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 Friday, November 11th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.181 per share on Friday, January 13th. This represents a $0.72 annualized dividend and a dividend yield of 10.06%. The ex-dividend date of this dividend is Thursday, December 29th. This is a positive change from the stock's previous quarterly dividend of $0.18. 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 9.91%. 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 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 1,200.00%. 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 120.00% 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 guidance has Algonquin Power & Utilities issued on next quarter's earnings? Algonquin Power & Utilities updated its FY 2023 earnings guidance on Thursday, January, 12th. The company provided earnings per share (EPS) guidance of $0.55-$0.61 for the period, compared to the consensus EPS estimate of $0.68. The company issued revenue guidance of -. 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 retail and institutional investors. Top institutional shareholders include National Bank of Canada FI (1.28%), Copeland Capital Management LLC (0.40%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Ceredex Value Advisors LLC (0.25%), Verity & Verity LLC (0.07%) and Naples Global Advisors LLC (0.05%). 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 $7.20. How much money does Algonquin Power & Utilities make? Algonquin Power & Utilities (NYSE:AQN) has a market capitalization of $4.85 billion and generates $2.29 billion in revenue each year. The utilities provider earns $264.86 million in net income (profit) each year or $0.06 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 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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