Algonquin Power & Utilities Corp Company Profile (TSE:AQN)

About Algonquin Power & Utilities Corp (TSE:AQN)

Algonquin Power & Utilities Corp logoAlgonquin Power & Utilities Corp. (APUC) is a Canada-based company engaged in owning and operating a portfolio of regulated and non-regulated generation, distribution and transmission utility assets. APUC's operations are organized across three business units consisting of Generation, Transmission and Distribution. The Generation Business Group (Generation Group) owns and operates a portfolio of non-regulated renewable and thermal electric generation utility assets; the Transmission Business Group (Transmission Group) is responsible for evaluating and capitalizing upon natural gas pipeline and electric transmission asset opportunities in North America, and the Distribution Business Group (Distribution Group) owns and operates a portfolio of North American electric, natural gas, and water distribution and wastewater collection utility systems. The Generation Group has interests in hydroelectric, wind, solar and thermal facilities.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Symbol: TSE:AQN
  • CUSIP: N/A
  • Web: algonquinpower.com/
Capitalization:
  • Market Cap: C$5.4 billion
  • Outstanding Shares: 385,732,000
Average Prices:
  • 50 Day Moving Avg: C$13.36
  • 200 Day Moving Avg: C$13.39
  • 52 Week Range: C$10.47 - C$14.35
P/E:
  • Trailing P/E Ratio: 64.22
  • P/E Growth: 1.41
Sales & Book Value:
  • Annual Revenue: C$1.54 billion
  • Price / Sales: 3.51
  • Book Value: C$6.99 per share
  • Price / Book: 2.00
Dividend:
  • Dividend Yield: 4.2%
Profitability:
  • EBITDA: C$613.73 million
  • Net Margins: 6.50%
  • Return on Equity: 6.61%
  • Return on Assets: 1.10%
Misc:
  • Average Volume: 818,848 shs.
  • Short Ratio: 6.62
 

Frequently Asked Questions for Algonquin Power & Utilities Corp (TSE:AQN)

What is Algonquin Power & Utilities Corp's stock symbol?

Algonquin Power & Utilities Corp trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AQN."

How often does Algonquin Power & Utilities Corp pay dividends? What is the dividend yield for Algonquin Power & Utilities Corp?

Algonquin Power & Utilities Corp announced a quarterly dividend on Monday, August 14th. Stockholders of record on Friday, September 29th will be paid a dividend of 0.116 per share on Friday, October 13th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Thursday, September 28th. This is a boost from Algonquin Power & Utilities Corp's previous quarterly dividend of $0.09. View Algonquin Power & Utilities Corp's Dividend History.

How were Algonquin Power & Utilities Corp's earnings last quarter?

Algonquin Power & Utilities Corp (TSE:AQN) released its earnings results on Thursday, August, 13th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.03. The firm had revenue of $196.16 million for the quarter, compared to analysts' expectations of $218.25 million. Algonquin Power & Utilities Corp had a net margin of 6.50% and a return on equity of 6.61%. View Algonquin Power & Utilities Corp's Earnings History.

When will Algonquin Power & Utilities Corp make its next earnings announcement?

Algonquin Power & Utilities Corp is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates for Algonquin Power & Utilities Corp.

Where is Algonquin Power & Utilities Corp's stock going? Where will Algonquin Power & Utilities Corp's stock price be in 2017?

7 analysts have issued twelve-month target prices for Algonquin Power & Utilities Corp's shares. Their forecasts range from C$11.00 to C$16.00. On average, they expect Algonquin Power & Utilities Corp's share price to reach C$14.14 in the next year. View Analyst Ratings for Algonquin Power & Utilities Corp.

Who are some of Algonquin Power & Utilities Corp's key competitors?

Who are Algonquin Power & Utilities Corp's key executives?

Algonquin Power & Utilities Corp's management team includes the folowing people:

  • Kenneth Moore, Independent Chairman of the Board
  • Ian E. Robertson, Chief Executive Officer, Director
  • Christopher K. Jarratt, Vice Chairman of the Board
  • David J. Bronicheski, Chief Financial Officer
  • George Trisic, Chief Administrative Officer, Corporate Secretary
  • Linda Beairsto, Chief Compliance Officer
  • Jefferey Norman, Chief Development Officer
  • David Pasieka, Chief Operating Officer of APUC's Liberty Utilities Group
  • Michael Snow, Chief Operating Officer of Renewable Generation Group
  • Jennifer Tindale, Chief Legal Officer

How do I buy Algonquin Power & Utilities Corp stock?

Shares of Algonquin Power & Utilities Corp and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Algonquin Power & Utilities Corp's stock price today?

One share of Algonquin Power & Utilities Corp stock can currently be purchased for approximately C$14.00.


MarketBeat Community Rating for Algonquin Power & Utilities Corp (TSE AQN)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  275 (Vote Outperform)
Underperform Votes:  128 (Vote Underperform)
Total Votes:  403
MarketBeat's community ratings are surveys of what our community members think about Algonquin Power & Utilities Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Algonquin Power & Utilities Corp (TSE:AQN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: C$14.14
Consensus Price Target History for Algonquin Power & Utilities Corp (TSE:AQN)
Price Target History for Algonquin Power & Utilities Corp (TSE:AQN)
Analysts' Ratings History for Algonquin Power & Utilities Corp (TSE:AQN)
Show:
DateFirmActionRatingPrice TargetDetails
8/11/2017Raymond James Financial, Inc.Boost Price TargetStrong-BuyC$15.00 -> C$16.00View Rating Details
6/20/2017Wells Fargo & CompanyInitiated CoverageMarket PerformView Rating Details
5/15/2017TD SecuritiesBoost Price TargetBuyC$14.00 -> C$15.00View Rating Details
3/3/2017ScotiabankReiterated RatingOutperformC$14.00View Rating Details
3/3/2017BMO Capital MarketsReiterated RatingOutperformC$15.00View Rating Details
3/3/2017Royal Bank Of CanadaReiterated RatingOutperformView Rating Details
2/27/2017J P Morgan Chase & CoReiterated RatingNeutralC$11.00View Rating Details
12/1/2016CIBCBoost Price TargetC$13.00 -> C$14.00View Rating Details
9/9/2016DesjardinsBoost Price TargetBuyC$14.25 -> C$15.25View Rating Details
7/13/2016National Bank FinancialBoost Price TargetC$13.00 -> C$14.00View Rating Details
11/26/2015MacquarieInitiated CoverageOutperformView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Algonquin Power & Utilities Corp (TSE:AQN)
Earnings by Quarter for Algonquin Power & Utilities Corp (TSE:AQN)
Earnings History by Quarter for Algonquin Power & Utilities Corp (TSE AQN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/14/2017C$0.13N/AView Earnings Details
8/13/2015Q2C$0.09C$0.06C$218.25 millionC$196.16 millionViewN/AView Earnings Details
5/8/2014C$0.14C$0.17C$283.70 millionC$343.52 millionViewN/AView Earnings Details
11/14/2013Q3C$0.02C$0.03ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Algonquin Power & Utilities Corp (TSE:AQN)
2017 EPS Consensus Estimate: $0.65
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.16$0.23$0.20
Q2 20172$0.14$0.18$0.16
Q3 20172$0.08$0.13$0.11
Q4 20172$0.16$0.22$0.19
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Algonquin Power & Utilities Corp (TSE AQN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/14/2017Quarterly$0.129/28/20179/29/201710/13/2017
5/7/2015$0.106/26/20156/30/20157/15/2015
3/5/2015$0.093/27/20153/31/20154/15/2015
11/13/2014quarterly$0.0912/29/201412/31/20141/15/2015
8/14/2014quarterly$0.094.31%9/26/20149/30/201410/15/2014
5/8/2014quarterly$0.094.19%6/26/20146/30/20147/15/2014
3/7/2014quarterly$0.094.34%3/27/20143/31/20144/15/2014
11/14/2013$0.0812/27/201312/31/20131/15/2014
11/14/2013quarterly$0.094.64%12/27/201312/31/20131/15/2014
8/14/2013quarterly$0.099/30/201310/15/2013
5/9/2013quarterly$0.096/28/20137/15/2013
3/14/2013quarterly$0.083/28/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Algonquin Power & Utilities Corp (TSE:AQN)
Insider Trades by Quarter for Algonquin Power & Utilities Corp (TSE:AQN)
Insider Trades by Quarter for Algonquin Power & Utilities Corp (TSE:AQN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/23/2017Jennifer Sara TindaleInsiderBuy7,650C$13.70C$104,805.00
3/18/2016Linda BeairstoInsiderSell71,000C$10.89C$772,835.00
6/9/2015David James PasiekaInsiderBuy2,000C$8.97C$17,940.00
6/5/2015Ian Edward RobertsonInsiderBuy7,500C$9.11C$68,325.00
6/3/2015David John BronicheskiInsiderBuy5,045C$9.60C$48,432.00
5/21/2015David John BronicheskiInsiderBuy1,019C$9.82C$10,006.58
5/15/2015Dilek SamilDirectorBuy5,000C$9.79C$48,950.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Algonquin Power & Utilities Corp (TSE:AQN)
Latest Headlines for Algonquin Power & Utilities Corp (TSE:AQN)
Source:
Loading headlines, please wait.

Social

Chart

Algonquin Power & Utilities Corp (AQN) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.