Brokers Offer Predictions for AQN Q1 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Stock analysts at National Bank Financial issued their Q1 2025 earnings estimates for Algonquin Power & Utilities in a research note issued on Sunday, March 9th. National Bank Financial analyst R. Merer forecasts that the utilities provider will earn $0.10 per share for the quarter. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.38 per share. National Bank Financial also issued estimates for Algonquin Power & Utilities’ Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.09 EPS, FY2025 earnings at $0.32 EPS and FY2026 earnings at $0.42 EPS.

Algonquin Power & Utilities (NYSE:AQN) last released its quarterly 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). Algonquin Power & Utilities had a negative net margin of 39.12% and a positive return on equity of 5.22%. The business had revenue of $584.80 million during the quarter, compared to analyst estimates of $644.73 million.

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

Algonquin Power & Utilities Trading Down 3.6 %

AQN opened at $4.71 on Tuesday. Algonquin Power & Utilities has a twelve month low of $4.19 and a twelve month high of $6.79. The company has a 50-day simple moving average of $4.60 and a 200 day simple moving average of $4.86. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of -3.65 and a beta of 0.71.

Institutional Trading of Algonquin Power & Utilities

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SVB Wealth LLC acquired a new stake in shares of Algonquin Power & Utilities during the 4th quarter worth approximately $49,000. Capstone Investment Advisors LLC bought a new position in shares of Algonquin Power & Utilities in the 3rd quarter worth $58,000. Avantax Advisory Services Inc. bought a new position in shares of Algonquin Power & Utilities in the 4th quarter worth $58,000. Walleye Capital LLC bought a new position in shares of Algonquin Power & Utilities in the 3rd quarter worth $59,000. Finally, Verdence Capital Advisors LLC bought a new position in shares of Algonquin Power & Utilities in the 3rd quarter worth $61,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

Algonquin Power & Utilities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date of this dividend is Monday, March 31st. Algonquin Power & Utilities’s dividend payout ratio is presently -14.44%.

About Algonquin Power & Utilities

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.