Algonquin Power & Utilities Corp. (AQN)
| Market Cap | 3.61B |
| Revenue (ttm) | 2.61B |
| Net Income (ttm) | -1.02B |
| Shares Out | 767.23M |
| EPS (ttm) | -1.43 |
| PE Ratio | n/a |
| Forward PE | 14.31 |
| Dividend | $0.39 (8.32%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 4,839,066 |
| Open | 4.770 |
| Previous Close | 4.790 |
| Day's Range | 4.700 - 4.770 |
| 52-Week Range | 4.670 - 6.790 |
| Beta | 0.52 |
| Analysts | Hold |
| Price Target | 6.04 (+28.24%) |
| Earnings Date | Nov 7, 2024 |
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 $6.04, which is an increase of 28.24% from the latest price.
News
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...
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My 3 Worst High-Yield Investments Ever
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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...
Algonquin Power & Utilities Corp. Agrees to Sell Renewable Energy Business to LS Power for up to $2.5 Billion
Transaction Unlocks AQN's Value as a Pure-Play Regulated Utility Proceeds Expected to Recapitalize Balance Sheet and Position Company for Future Growth Company to Hold Second Quarter Earnings Conferen...
Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2024 Financial Results and Conference Call
OAKVILLE, ON , July 12, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its second quarter 2024 financial results on Friday, Augus...
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Get Paid 7.5% From This Forgotten Utility: Algonquin Power
Algonquin is in the midst of a transformation for the better. It has fallen from grace and sports a 7.5% yield and discounted valuations vs peers. We examine its outlook to see if buying now is worthw...
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Algonquin Power & Utilities Corp. Announces Settlement Rate for Corporate Units Issued in June 2021
OAKVILLE, ON , June 13, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced the settlement rate for the share purchase contracts that ...
Algonquin Power & Utilities Corp. Holds Annual Meeting of Shareholders and Announces Election of Board of Directors
OAKVILLE, ON , June 4, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today held an annual meeting of common shareholders. At the meeting, each ...
Algonquin Power & Utilities Corp. Announces Its Support for Energy Capital Partners' Proposed Acquisition of Atlantica
AQN Makes Progress Towards Strategic Transformation to Pure-Play Regulated Utility OAKVILLE, ON , May 28, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Co...
Very Good News For Utilities And Renewable Power Stocks
Renewable power and utility stocks have been in Mr. Market's doghouse ever since interest rates began to rise rapidly a little over two years ago. However, over the past month, the sector has soared h...
Algonquin Power & Utilities Corp. (AQN) Q1 2024 Earnings Call Transcript
Algonquin Power & Utilities Corp. (NYSE:AQN) Q1 2024 Earnings Conference Call May 10, 2024 8:30 AM ET Company Participants Brian Chin - Vice President of Investor Relations Christopher Huskilson - Ch...