Brokers Offer Predictions for AQN Q1 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Stock analysts at Desjardins issued their Q1 2025 EPS estimates for shares of Algonquin Power & Utilities in a report released on Monday, March 10th. Desjardins analyst B. Stadler anticipates that the utilities provider will earn $0.09 per share for the quarter. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.38 per share. Desjardins also issued estimates for Algonquin Power & Utilities’ Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.26 EPS and FY2026 earnings at $0.32 EPS.

Several other analysts have also recently commented on AQN. Scotiabank raised their target price on shares of Algonquin Power & Utilities from $5.25 to $5.50 and gave the stock a “sector perform” rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $7.00 price target on shares of Algonquin Power & Utilities in a report on Thursday, December 12th. Royal Bank of Canada cut their price target on shares of Algonquin Power & Utilities from $6.00 to $5.50 and set a “sector perform” rating for the company in a report on Tuesday, February 18th. Finally, National Bankshares cut their price target on shares of Algonquin Power & Utilities from $6.75 to $6.25 and set an “outperform” rating for the company in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Algonquin Power & Utilities has an average rating of “Hold” and an average price target of $5.94.

Algonquin Power & Utilities Stock Down 3.6 %

AQN stock opened at $4.71 on Wednesday. Algonquin Power & Utilities has a one year low of $4.19 and a one year high of $6.79. The stock has a market capitalization of $3.62 billion, a PE ratio of -3.65 and a beta of 0.71. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.73 and a current ratio of 0.92. The company has a fifty day moving average of $4.60 and a 200-day moving average of $4.86.

Algonquin Power & Utilities (NYSE:AQN) last issued its quarterly earnings results on Friday, March 7th. The utilities provider reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The business had revenue of $584.80 million for the quarter, compared to analyst estimates of $644.73 million. Algonquin Power & Utilities had a positive return on equity of 5.22% and a negative net margin of 39.12%.

Algonquin Power & Utilities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.065 per share. The ex-dividend date is Monday, March 31st. This represents a $0.26 annualized dividend and a dividend yield of 5.52%. Algonquin Power & Utilities’s dividend payout ratio (DPR) is -14.44%.

Hedge Funds Weigh In On Algonquin Power & Utilities

Several large investors have recently made changes to their positions in the business. Polar Asset Management Partners Inc. purchased a new stake in Algonquin Power & Utilities during the fourth quarter valued at about $954,000. LM Asset IM Inc. acquired a new position in Algonquin Power & Utilities in the fourth quarter worth approximately $8,455,000. Public Employees Retirement System of Ohio acquired a new position in Algonquin Power & Utilities during the fourth quarter valued at approximately $1,226,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in Algonquin Power & Utilities by 0.7% during the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,051,123 shares of the utilities provider’s stock valued at $57,852,000 after purchasing an additional 91,353 shares during the last quarter. Finally, Squarepoint Ops LLC grew its stake in shares of Algonquin Power & Utilities by 451.9% in the fourth quarter. Squarepoint Ops LLC now owns 73,040 shares of the utilities provider’s stock worth $325,000 after acquiring an additional 59,806 shares during the last quarter. Institutional investors own 62.28% of the company’s stock.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.