What is Raymond James’ Estimate for TSE:AQN FY2025 Earnings?

Algonquin Power & Utilities Corp. (TSE:AQN) – Investment analysts at Raymond James boosted their FY2025 earnings per share (EPS) estimates for Algonquin Power & Utilities in a note issued to investors on Thursday, January 30th. Raymond James analyst T. Genzebu now forecasts that the company will earn $0.48 per share for the year, up from their previous forecast of $0.47. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share.

Algonquin Power & Utilities Stock Performance

Shares of AQN opened at C$6.47 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.37 and a debt-to-equity ratio of 108.48. The company has a market capitalization of C$4.96 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 1.07 and a beta of 0.52. The stock has a 50 day moving average of C$6.46 and a 200 day moving average of C$7.10. Algonquin Power & Utilities has a 12 month low of C$6.03 and a 12 month high of C$9.28.

Algonquin Power & Utilities (TSE:AQN) last issued its quarterly earnings results on Thursday, November 7th. The company reported C$0.10 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). Algonquin Power & Utilities had a net margin of 4.70% and a return on equity of 0.24%. During the same period in the previous year, the company earned $0.15 EPS.

Algonquin Power & Utilities Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.088 per share. This represents a $0.35 annualized dividend and a yield of 5.44%. The ex-dividend date of this dividend was Tuesday, December 31st. Algonquin Power & Utilities’s dividend payout ratio (DPR) is 163.64%.

Insider Buying and Selling at Algonquin Power & Utilities

In related news, Director Dilek Samil sold 17,400 shares of Algonquin Power & Utilities stock in a transaction on Monday, December 16th. The stock was sold at an average price of C$6.46, for a total transaction of C$112,421.40. Also, Director David Levenson acquired 62,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were acquired at an average cost of C$6.45 per share, with a total value of C$399,900.00. 0.06% of the stock is owned by corporate insiders.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.