Algonquin Power & Utilities Corp. (AQN)

NYSE: AQN · IEX Real-Time Price · USD
8.48
-0.10 (-1.17%)
Mar 31, 2023, 11:16 AM EDT - Market open
-1.17%
Market Cap 5.84B
Revenue (ttm) 2.04B
Net Income (ttm) -163.06M
Shares Out 688.20M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE 10.24
Dividend $0.48 (5.65%)
Ex-Dividend Date Mar 30, 2023
Volume 3,226,583
Open 8.53
Previous Close 8.58
Day's Range 8.33 - 8.58
52-Week Range 6.41 - 16.01
Beta 0.27
Analysts Hold
Price Target 6.26 (-26.18%)
Earnings Date May 11, 2023

About AQN

Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment operates a portfolio of rate-regulated utilities located in the United States, Canada, Chile, and Bermuda. Its utilities provide distribution services to approximately 1,093,000 customer connections in the electric, natural gas, and wat... [Read more]

Sector Utilities
IPO Date Oct 8, 1998
Employees 3,445
Stock Exchange NYSE
Ticker Symbol AQN
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for AQN stock is "Hold." The 12-month stock price forecast is $6.26, which is a decrease of -26.18% from the latest price.

Price Target
$6.26
(-26.18% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Algonquin Power & Utilities Corp. Declares First Quarter 2023 Common Share Dividend of U.S.$0.1085 (C$0.1495), and Declares First Quarter 2023 Preferred Share Dividends

OAKVILLE, ON , March 17, 2023 /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 a...

2 weeks ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces 2022 Fourth Quarter and Full Year Financial Results

OAKVILLE, ON , March 17, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced financial results for the fourth quarter and year ended D...

Other symbols: AY
2 weeks ago - PRNewsWire

Why Algonquin Power & Utilities (AQN) Might Surprise This Earnings Season

Algonquin Power & Utilities (AQN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 weeks ago - Zacks Investment Research

Analysts Estimate Algonquin Power & Utilities (AQN) to Report a Decline in Earnings: What to Look Out for

Algonquin Power & Utilities (AQN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Algonquin Power & Utilities Corp. Announces Date for Fourth Quarter and Full Year 2022 Financial Results and Conference Call

OAKVILLE, ON , Jan. 30, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (NYSE: AQN) today announced plans to release its fourth quarter and full year 2022 financial results on...

2 months ago - PRNewsWire

Algonquin Power (AQN) Stock Falls 6% on Dividend Slash

Though the broader equities sector enjoyed a modest boost lift on Thursday morning, public utility firm Algonquin Power (NYSE: AQN) — which emphasizes its renewable energy portfolio — dropped conspic...

2 months ago - InvestorPlace

Algonquin Power to cut dividend by 40%, provides downbeat profit outlook

Shares of Algonquin Power & Utilities Corp. rose 0.5% in premarket trading Thursday, after the utility company said it was taking “decisive actions” to strengthen its financial and strategic position,...

2 months ago - Market Watch

Algonquin Power & Utilities Corp. Provides Business Update in Connection with Investor Call

AQN is taking decisive actions to support long-term energy transition strategy OAKVILLE, ON , Jan. 12, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: ...

2 months ago - PRNewsWire

New Strong Sell Stocks for January 3rd

AMZN, ALGT and AQN have been added to the Zacks Rank #5 (Strong Sell) List on January 3, 2023.

Other symbols: ALGTAMZN
3 months ago - Zacks Investment Research

Algonquin Power & Utilities Corp. to Host Investor Update Call on January 12

OAKVILLE, ON , Jan. 3, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (NYSE: AQN) today announced plans to host an investor update call on Thursday, January 12, 2023, at 8:00...

3 months ago - PRNewsWire

Algonquin Power & Utilities (AQN) Lags Q3 Earnings Estimates

Algonquin Power & Utilities (AQN) delivered earnings and revenue surprises of -31.25% and 8.44%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for th...

5 months ago - Zacks Investment Research

Algonquin Power & Utilities Corp. Announces 2022 Third Quarter Financial Results

OAKVILLE, ON , Nov. 11, 2022 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced financial results for the third quarter ended September 30...

5 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Declares Fourth Quarter 2022 Common Share Dividend of U.S.$0.1808 (C$0.2438), and Declares Fourth Quarter 2022 Preferred Share Dividends

OAKVILLE, ON , Nov. 11, 2022 /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 an...

5 months ago - PRNewsWire

Algonquin Power & Utilities (AQN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Algonquin Power & Utilities (AQN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Algonquin Power & Utilities Corp. Announces Date for Third Quarter 2022 Financial Results and Conference Call

OAKVILLE, ON , Oct. 25, 2022 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (NYSE: AQN) today announced plans to release its third quarter 2022 financial results on Friday, Novemb...

5 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Inaugural Asset Recycling Transaction

OAKVILLE, ON , Oct. 3, 2022 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced it has entered into an agreement to sell ownership interest...

6 months ago - PRNewsWire

AEP closing sale of Kentucky operations at lower price

American Electric Power AEP, -4.80% said Thursday it agreed to a lower price of $2.65 billion for the sale of its Kentucky operations to Liberty Utilities and that it expects to close the deal in Janu...

Other symbols: AEP
6 months ago - Market Watch

Algonquin Agrees to Path Forward on Kentucky Power Acquisition

OAKVILLE, ON , Sept. 30, 2022 /PRNewswire/ - On September 29, 2022, Liberty Utilities Co. ("Liberty"), the indirect subsidiary of Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) ...

Other symbols: AEP
6 months ago - PRNewsWire

AEP AND LIBERTY REACH AMENDED AGREEMENT ON SALE OF KENTUCKY OPERATIONS

COLUMBUS, Ohio , Sept. 30, 2022  /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has signed an amended agreement on the sale of its Kentucky operations to Liberty and expects to close on the sal...

Other symbols: AEP
6 months ago - PRNewsWire

7 Long-Term Sleeper Stocks to Buy Before Wall Street Wakes Up

Generally speaking, the equities sector represents the collective valuation of all publicly available information about exchange-listed companies, making the notion of long-term sleeper stocks to buy ...

Other symbols: AMPKSCPOPISBSWSUNLVALE
6 months ago - InvestorPlace

Arthur Kacprzak Steps Down; Darren Myers is appointed Algonquin's Chief Financial Officer

OAKVILLE, ON , Aug. 30, 2022 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or "the Company") (TSX: AQN) (NYSE: AQN) is pleased to announce that it has appointed Darren Myers Chief Financial ...

7 months ago - PRNewsWire

Algonquin Power & Utilities (AQN) Upgraded to Buy: What Does It Mean for the Stock?

Algonquin Power & Utilities (AQN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

8 months ago - Zacks Investment Research

Liberty completes acquisition of Renewable Natural Gas (RNG) platform and partners on Hydrogen Hub project

Furthering net zero goals with four RNG sites in Wisconsin and hydrogen consortium in New York   OAKVILLE, ON , Aug. 16, 2022 /PRNewswire/ - Liberty (RNG), LLC ("Liberty"), a wholly-owned subsidiary o...

8 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Re-establishes At-The-Market Equity Program

OAKVILLE, ON , Aug. 15, 2022 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (NYSE: AQN) announced today that it has re-established its at-the-market equity program (the "ATM Progr...

8 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces 2022 Second Quarter Financial Results

OAKVILLE, ON , Aug. 11, 2022 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced financial results for the second quarter ended June 30, 20...

8 months ago - PRNewsWire