About Algonquin Power & Utilities Corp (TSE:AQN)
Algonquin 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/
- Market Cap: C$5.4 billion
- Outstanding Shares: 385,732,000
- 50 Day Moving Avg: C$13.36
- 200 Day Moving Avg: C$13.39
- 52 Week Range: C$10.47 - C$14.35
Sales & Book Value:
- Trailing P/E Ratio: 64.22
- P/E Growth: 1.41
- Annual Revenue: C$1.54 billion
- Price / Sales: 3.51
- Book Value: C$6.99 per share
- Price / Book: 2.00
- EBITDA: C$613.73 million
- Net Margins: 6.50%
- Return on Equity: 6.61%
- Return on Assets: 1.10%
- 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?
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?
Some companies that are related to Algonquin Power & Utilities Corp include Emera (EMA), Northland Power (NPI), TransAlta Renewables (RNW), TransAlta (TA), Innergex Renewable Energy (INE), Just Energy Group (JE), Atlantic Power Corp (ATP), Etrion SA (ETX), Premier Holdings Corp (PRHL), A2A SpA (A2A), AGL Energy Ltd (AGL), AusNet Services (AST), Electricite de France SA (EDF) and Enel S.p.A. (ENEL).
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?
MarketBeat Community Rating for Algonquin Power & Utilities Corp (TSE AQN)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.
One share of Algonquin Power & Utilities Corp stock can currently be purchased for approximately C$14.00.
Consensus Ratings for Algonquin Power & Utilities Corp (TSE:AQN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Algonquin Power & Utilities Corp (TSE:AQN)
(Data available from 10/22/2015 forward)
|8/11/2017||Raymond James Financial, Inc.||Boost Price Target||Strong-Buy||C$15.00 -> C$16.00|
|6/20/2017||Wells Fargo & Company||Initiated Coverage||Market Perform|
|5/15/2017||TD Securities||Boost Price Target||Buy||C$14.00 -> C$15.00|
|3/3/2017||BMO Capital Markets||Reiterated Rating||Outperform||C$15.00|
|3/3/2017||Royal Bank Of Canada||Reiterated Rating||Outperform|
|2/27/2017||J P Morgan Chase & Co||Reiterated Rating||Neutral||C$11.00|
|12/1/2016||CIBC||Boost Price Target||C$13.00 -> C$14.00|
|9/9/2016||Desjardins||Boost Price Target||Buy||C$14.25 -> C$15.25|
|7/13/2016||National Bank Financial||Boost Price Target||C$13.00 -> C$14.00|
Earnings History for Algonquin Power & Utilities Corp (TSE:AQN)Earnings History by Quarter for Algonquin Power & Utilities Corp (TSE AQN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/13/2015||Q2||C$0.09||C$0.06||C$218.25 million||C$196.16 million||View||N/A|
|5/8/2014||C$0.14||C$0.17||C$283.70 million||C$343.52 million||View||N/A|
Earnings Estimates for Algonquin Power & Utilities Corp (TSE:AQN)
2017 EPS Consensus Estimate: $0.65
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for Algonquin Power & Utilities Corp (TSE AQN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Algonquin Power & Utilities Corp (TSE:AQN)Insider Trades by Quarter for Algonquin Power & Utilities Corp (TSE:AQN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/23/2017||Jennifer Sara Tindale||Insider||Buy||7,650||C$13.70||C$104,805.00|
|6/9/2015||David James Pasieka||Insider||Buy||2,000||C$8.97||C$17,940.00|
|6/5/2015||Ian Edward Robertson||Insider||Buy||7,500||C$9.11||C$68,325.00|
|6/3/2015||David John Bronicheski||Insider||Buy||5,045||C$9.60||C$48,432.00|
|5/21/2015||David John Bronicheski||Insider||Buy||1,019||C$9.82||C$10,006.58|
Headline Trends for Algonquin Power & Utilities Corp (TSE:AQN)
Latest Headlines for Algonquin Power & Utilities Corp (TSE:AQN)
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Algonquin Power & Utilities Corp (AQN) Chart for Sunday, October, 22, 2017