Brokers Offer Predictions for AQN Q1 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Stock analysts at Desjardins issued their Q1 2025 earnings per share estimates for Algonquin Power & Utilities in a research report issued on Monday, March 10th. Desjardins analyst B. Stadler anticipates that the utilities provider will post earnings per share of $0.09 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.

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

A number of other brokerages have also recently issued reports on AQN. National Bankshares cut their price objective on Algonquin Power & Utilities from $6.75 to $6.25 and set an “outperform” rating for the company in a report on Tuesday, February 11th. JPMorgan Chase & Co. reaffirmed 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 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, Scotiabank lifted their price target on Algonquin Power & Utilities from $5.25 to $5.50 and gave the company a “sector perform” rating in a report on Thursday, February 13th. One 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’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $5.94.

Algonquin Power & Utilities Stock Down 3.6 %

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

Algonquin Power & Utilities Announces Dividend

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 issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 5.52%. The ex-dividend date of this dividend is Monday, March 31st. Algonquin Power & Utilities’s dividend payout ratio (DPR) is presently -14.44%.

Institutional Investors Weigh In On Algonquin Power & Utilities

Several institutional investors have recently bought and sold shares of AQN. Polar Asset Management Partners Inc. bought a new stake in shares of Algonquin Power & Utilities during the 4th quarter worth approximately $954,000. LM Asset IM Inc. acquired a new position in Algonquin Power & Utilities in the 4th quarter valued at $8,455,000. Public Employees Retirement System of Ohio acquired a new position in Algonquin Power & Utilities in the 4th quarter valued at $1,226,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in Algonquin Power & Utilities by 0.7% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,051,123 shares of the utilities provider’s stock valued at $57,852,000 after buying an additional 91,353 shares in the last quarter. Finally, Squarepoint Ops LLC grew its holdings in shares of Algonquin Power & Utilities by 451.9% during the 4th quarter. Squarepoint Ops LLC now owns 73,040 shares of the utilities provider’s stock worth $325,000 after purchasing an additional 59,806 shares in 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.