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Algonquin Power & Utilities (AQN)
NYSE:AQN
RESEARCH TOOLSreports
Algonquin Power & Utilities (AQN) Stock Price & Analysis
939 Followers
AQN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.73 - $8.19
Previous Close$6.49
Volume2.52M
Average Volume (3M)5.46M
Market Cap
$4.48B
Enterprise Value$14.99B
Total Cash (Recent Filing)$56.14M
Total Debt (Recent Filing)$8.98B
Price to Earnings (P/E)-12.9
Beta0.77
Next Earnings
Aug 08, 2024EPS Estimate
$0.09Last Dividend Ex-Date
Mar 27, 2024Dividend Yield6.64%
Share Statistics
EPS (TTM)-0.50
Shares Outstanding689,271,039
10 Day Avg. Volume7,314,669
30 Day Avg. Volume5,462,655
Standard Deviation0.08
R-Squared0.18
Alpha-0.00915
Financial Highlights & Ratios
Price to Book (P/B)1.32
Price to Sales (P/S)1.66
Price to Cash Flow (P/CF)5.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.55
Enterprise Value/Gross Profit7.64
Enterprise Value/Ebitda24.38
Forecast
1Y Price Target
$6.79Price Target Upside4.62% Upside
Rating ConsensusHold
Number of Analyst Covering8
Algonquin Power & Utilities News
PremiumCompany Announcements
Algonquin Power Reports Q1 Net Loss in 2024
PremiumCompany Announcements
Algonquin Power Names New CEO, Reports Mixed Q1 ResultsPremiumCompany Announcements
Algonquin Power Announces Q2 2024 Dividends
Bulls Say, Bears Say
Bulls Say
Attractive Investment OpportunityWith the potential return of ~25%-plus including an attractive 7% yield, the analyst maintains an Outperform rating and Top 5 Best Idea designation.
Leadership StabilityThe appointment of a new CEO and the conclusion of the CEO search process bring stability to the company's leadership.
Strategic Business MovesThe expected sale of AQN's renewable energy portfolio is progressing, with potential transaction multiples reflecting the value of its development pipeline.
Bears Say
EarningsAdjusted EBITDA and EPS were below consensus estimates, mainly due to underperformance in the Renewable Energy sector and higher interest expense.
Earnings ForecastEarnings per share forecast for the year has been lowered due to changed assumptions in Renewables sales proceeds allocation.
Financial PerformanceAQN reported earnings below consensus estimates, with a noticeable shortfall in renewable energy performance and higher interest expenses.
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Ownership Overview
0.40% Insiders
6.84% Mutual Funds
13.55% Other Institutional Investors
79.21% Public Companies and
Individual Investors
AQN FAQ
What was Algonquin Power & Utilities’s price range in the past 12 months?
Algonquin Power & Utilities lowest stock price was $4.73 and its highest was $8.19 in the past 12 months.
What is Algonquin Power & Utilities’s market cap?
Currently, no data Available
When is Algonquin Power & Utilities’s upcoming earnings report date?
Algonquin Power & Utilities’s upcoming earnings report date is Aug 08, 2024 which is in 85 days.
How were Algonquin Power & Utilities’s earnings last quarter?
Algonquin Power & Utilities released its earnings results on May 10, 2024. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.156 by -$0.016.
Is Algonquin Power & Utilities overvalued?
According to Wall Street analysts Algonquin Power & Utilities’s price is currently Undervalued.
Does Algonquin Power & Utilities pay dividends?
Algonquin Power & Utilities pays a Quarterly dividend of $0.11 which represents an annual dividend yield of 6.64%. See more information on Algonquin Power & Utilities dividends here
What is Algonquin Power & Utilities’s EPS estimate?
Algonquin Power & Utilities’s EPS estimate is $0.09.
How many shares outstanding does Algonquin Power & Utilities have?
Algonquin Power & Utilities has 689,436,600 shares outstanding.
What happened to Algonquin Power & Utilities’s price movement after its last earnings report?
Algonquin Power & Utilities reported an EPS of $0.14 in its last earnings report, missing expectations of $0.156. Following the earnings report the stock price went down -2.815%.
Which hedge fund is a major shareholder of Algonquin Power & Utilities?
Among the largest hedge funds holding Algonquin Power & Utilities’s share is Starboard Value LP. It holds Algonquin Power & Utilities’s shares valued at 392M.
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Algonquin Power & Utilities Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$6.79 (4.62% Upside)
$6.79 (4.62% Upside)
Blogger Sentiment
Bullish
AQN Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.55%
12-Months-Change
Fundamentals
Return on Equity
-6.39%
Trailing 12-Months
Asset Growth
2.12%
Trailing 12-Months
Company Description
Algonquin Power & Utilities
Algonquin Power & Utilities Corp. is a diversified utility company, which through its subsidiaries, engages in the ownership and operation of a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. It focuses on delivering reliable earnings, cash flow, and dividend growth through strategic acquisitions and operational excellence. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.
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AQN Company Deck
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AQN Earnings Call
Q1 2024
0:00 / 0:00
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AQN Stock 12 Month Forecast
Average Price Target
$6.79
▲(4.62% Upside)
Technical Analysis
Best Analysts Covering AQN
1 Year
1 Year Success Rate
11/17 ratings generated profit
1 Year Average Return
+5.80%
reiterated a buy rating 4 days ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 64.71% of your transactions generating a profit, with an average return of +5.80% per trade.
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