Algonquin Power & Utilities Corp. (AQN)
| Market Cap | 3.80B |
| Revenue (ttm) | 2.61B |
| Net Income (ttm) | -1.02B |
| Shares Out | 767.23M |
| EPS (ttm) | -1.43 |
| PE Ratio | n/a |
| Forward PE | 15.35 |
| Dividend | $0.26 (5.24%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 9,661,065 |
| Open | 5.000 |
| Previous Close | 5.000 |
| Day's Range | 4.920 - 5.060 |
| 52-Week Range | 4.190 - 6.790 |
| Beta | 0.54 |
| Analysts | Hold |
| Price Target | 5.93 (+19.56%) |
| Earnings Date | Mar 7, 2025 |
About AQN
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. As of December 31, 2023, it provided distribution services to approximately 1,256,000 customer connections in the electric (approximately 309,000 customer connect... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for AQN stock is "Hold." The 12-month stock price forecast is $5.93, which is an increase of 19.56% from the latest price.
News
Algonquin Power & Utilities Corp. Announces Interim CFO Appointment
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) Chief Executive Officer Chris Huskilson announced today that Vice P...
6-12% Blue-Chip Yields: The Simple Path To Retiring With Dividends
Retiring with dividends does not have to be difficult. I share two simple paths to retiring with dividends. I also share a sample portfolio of some of my top high-yielding blue-chip stocks that you ca...
Algonquin Power & Utilities Corp. Announces Leadership Transition
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today that Rod West will join AQN as Chief Executive Offi...
Algonquin Power & Utilities Corp. Announces Date for Fourth Quarter and Full Year 2024 Financial Results and Conference Call
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”) today announced plans to release its fourth quarter and full year 2024 financial results on Frida...
Algonquin Power & Utilities: Value Play With A 5.8% Yield
We were lucky to exit pre-market on the dividend cut announcement. The stock has gone far lower than what we would expect and is now turning into a value play. We tell you how we are playing it and al...
Algonquin Power: A Failed Investment Thesis, Updated For 2025-2027E
Algonquin Power has significantly underperformed, with a 50% decline in my small position, but its valuation shows potential upside if held long-term. The company's shift from renewables to a pure-pla...
Algonquin Power & Utilities Corp. Announces Upcoming Departure of Chief Financial Officer
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN” or the “Company”) announced today the upcoming departure of Chief Financial Officer Darren Myers. ...
Algonquin Power & Utilities Corp. Completes Sale of Renewable Energy Business to LS Power
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN” or the “Company”) announced today it has completed the sale of its non-regulated renewable energy ...
7-21% Yielding Dividend Growers: 2 To Buy And 2 To Avoid
Investing in high-yield stocks that grow their payouts regularly offers attractive total returns and protects purchasing power against inflation over the long term. However, not all high-yielding divi...
Algonquin Power & Utilities Corp. Completes Sale of Atlantica Sustainable Infrastructure Stake
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN” or the “Company”) announced today it has completed the sale of its 42.2% equity interest in Atlant...
Algonquin Power & Utilities Corp. (AQN) Q3 2024 Earnings Call Transcript
Algonquin Power & Utilities Corp. (NYSE:AQN) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Brian Chin – Vice President-Investor Relations Chris Huskilson – Chief ...
Algonquin Power & Utilities Corp. Declares Fourth Quarter 2024 Common Share Dividend of U.S.$0.0650 (C$0.0901), and Declares Fourth Quarter 2024 Preferred Share Dividends
OAKVILLE, ON , Nov. 7, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (TSX: AQN.PR.A) (TSX: AQN.PR.D) (NYSE: AQN) announced today that its board of directors has approved and...
Algonquin Power & Utilities Corp. Announces 2024 Third Quarter Financial Results
Making progress in strategic transition to regulated utility OAKVILLE, ON , Nov. 7, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") announced toda...
Algonquin Power: Has Growth Potential, But Patience Will Be Needed
Algonquin is divesting renewable assets to focus on regulated services, aiming for stable profits and dividends. The company's regulated services are under-earning but expected to improve with new rat...
Algonquin Power & Utilities Corp. Announces Date for Third Quarter 2024 Financial Results and Conference Call
OAKVILLE, ON , Oct. 11, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its third quarter 2024 financial results on Thursday, Nove...
Algonquin Stock Likely To Double After Renewables Separation
Algonquin is transitioning to a pure-play regulated utility, exiting merchant power activities to reduce debt and simplify its business, creating significant shareholder value. The utility sector is c...
What I Wish I Knew Before Becoming A Stock Picker
Picking individual stocks can outperform the market if you enjoy analyzing companies and have the discipline to manage your investments carefully. There are important lessons that investors need to fo...
My 3 Worst High-Yield Investments Ever
Investing in high-yielding stocks reduces the risk of misallocating capital compared to high-growth stocks. However, I have still made my fair share of mistakes. I share my lessons learned from the 3 ...
Algonquin Power: Measure Once, Cut Twice
AQN missed top line numbers in Q2-2024, with revenues declining year over year by 5%. It announced the sale of its renewable energy business for up to $2.5 billion. The company adjusted its common sha...
Algonquin Power & Utilities Corp. (AQN) Q2 2024 Earnings Call Transcript
Algonquin Power & Utilities Corp. (NYSE:AQN) Q2 2024 Earnings Call Transcript August 9, 2024 8:30 AM ET Company Participants Brian Chin - VP of IR Chris Huskilson - CEO Darren Myers - CFO Conference ...
LS Power Agrees to Acquire Large Scale Renewable Energy Business from Algonquin Power & Utilities Corp.
NEW YORK , Aug. 9, 2024 /PRNewswire/ -- LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced it has r...
Algonquin Power & Utilities to sell renewable energy business for up to $2.5 bln
Canada's Algonquin Power & Utilities Corp said on Friday that it is selling its renewable energy business, excluding hydropower operations, to a wholly-owned subsidiary of LS Power for up to $2.5 bill...
Algonquin Power & Utilities Corp. Declares Third Quarter 2024 Common Share Dividend of U.S.$0.0650 (C$0.0893), and Declares Third Quarter 2024 Preferred Share Dividends
OAKVILLE, ON , Aug. 9, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (TSX: AQN.PR.A) (TSX: AQN.PR.D) (NYSE: AQN) announced today that the board of directors...
Algonquin Power & Utilities Corp. Announces 2024 Second Quarter Financial Results
Continuing Ongoing Strategic Transition to a Pure-Play Regulated Utility Company to Hold Second Quarter Earnings Conference Call at 8:30 am E.T. OAKVILLE, ON , Aug. 9, 2024 /PRNewswire/ - Algonquin Po...