Brokers Offer Predictions for AQN Q1 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Desjardins issued their Q1 2025 earnings per share estimates for shares of Algonquin Power & Utilities in a report released on Monday, March 10th. Desjardins analyst B. Stadler forecasts 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 brokerages also recently commented on AQN. Royal Bank of Canada dropped their price target on Algonquin Power & Utilities from $6.00 to $5.50 and set a “sector perform” rating on the stock in a research report on Tuesday, February 18th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $7.00 target price on shares of Algonquin Power & Utilities in a research report on Thursday, December 12th. Scotiabank upped their target price on shares of Algonquin Power & Utilities from $5.25 to $5.50 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. Finally, National Bankshares decreased their price target on shares of Algonquin Power & Utilities from $6.75 to $6.25 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Algonquin Power & Utilities presently has an average rating of “Hold” and an average target price of $5.94.

Algonquin Power & Utilities Price Performance

NYSE AQN opened at $4.83 on Wednesday. The stock has a 50-day simple moving average of $4.60 and a 200 day simple moving average of $4.85. Algonquin Power & Utilities has a twelve month low of $4.19 and a twelve month high of $6.79. The stock has a market capitalization of $3.70 billion, a PE ratio of -3.74 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.

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

Algonquin Power & Utilities Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 5.39%. The ex-dividend date is Monday, March 31st. Algonquin Power & Utilities’s dividend payout ratio is -14.44%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AQN. Polar Asset Management Partners Inc. acquired a new stake in shares of Algonquin Power & Utilities in the 4th quarter valued at $954,000. LM Asset IM Inc. bought a new position in Algonquin Power & Utilities during the 4th quarter valued at about $8,455,000. Public Employees Retirement System of Ohio acquired a new position in Algonquin Power & Utilities in the fourth quarter valued at about $1,226,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake 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 worth $57,852,000 after buying an additional 91,353 shares during the last quarter. Finally, Squarepoint Ops LLC increased its holdings in shares of Algonquin Power & Utilities by 451.9% during the fourth quarter. Squarepoint Ops LLC now owns 73,040 shares of the utilities provider’s stock worth $325,000 after buying an additional 59,806 shares in the last quarter. 62.28% of the stock is currently owned by institutional investors and hedge funds.

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.