Algonquin Power & Utilities Corp. (AQN)

NYSE: AQN · IEX Real-Time Price · USD
6.62
0.00 (0.00%)
May 8, 2024, 4:00 PM EDT - Market closed
0.00%
Market Cap 4.56B
Revenue (ttm) 2.70B
Net Income (ttm) 20.32M
Shares Out 689.44M
EPS (ttm) 0.02
PE Ratio 302.73
Forward PE 12.10
Dividend $0.43 (6.56%)
Ex-Dividend Date Mar 27, 2024
Volume 3,821,347
Open 6.61
Previous Close 6.62
Day's Range 6.55 - 6.67
52-Week Range 4.90 - 9.14
Beta 0.47
Analysts Buy
Price Target 8.50 (+28.4%)
Earnings Date May 10, 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]

Sector Utilities
IPO Date Oct 8, 1998
Employees 3,951
Stock Exchange NYSE
Ticker Symbol AQN
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for AQN stock is "Buy." The 12-month stock price forecast is $8.5, which is an increase of 28.40% from the latest price.

Price Target
$8.5
(28.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Algonquin Power & Utilities Corp. to Add Brett Carter and Christopher Lopez to the Board of Directors

Enters Into Cooperation Agreement with Starboard OAKVILLE, ON , April 18, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("Algonquin", "AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today annou...

19 days ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Date for First Quarter 2024 Financial Results and Conference Call

OAKVILLE, ON , April 10, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its first quarter 2024 financial results on Friday, May 1...

27 days ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Successful Remarketing of 1.18% Senior Notes due 2026

OAKVILLE, ON , March 26, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) announced today that it has successfully remarketed its U.S.$1,150,000,00...

6 weeks ago - PRNewsWire

Algonquin Comments on Starboard Value Director Nominations

OAKVILLE, ON , March 22, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("Algonquin" or the "Company") (TSX: AQN) (NYSE: AQN) today issued the following statement regarding the director nominat...

6 weeks ago - PRNewsWire

Starboard Value Nominates Three Highly Qualified and Independent Candidates for Election to Algonquin Power's Board of Directors

NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard” or “we”) is the largest shareholder of Algonquin Power & Utilities Corp. (NYSE: AQN) (TSE: AQN) (“Algonquin” or...

6 weeks ago - Business Wire

Algonquin Power & Utilities Corp. Announces Results of Exercise of Conversion Rights of Cumulative Rate Reset Preferred Shares, Series D

OAKVILLE, ON , March 19, 2024 /PRNewswire/ - Further to the press releases of Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) dated February 20, 2024 and March 4, 202...

7 weeks ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces 2023 Fourth Quarter and Full Year Financial Results

OAKVILLE, ON , March 8, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced financial results for the fourth quarter and full year end...

2 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Declares First Quarter 2024 Common Share Dividend of U.S.$0.1085 (C$0.1468), and Declares First Quarter 2024 Preferred Share Dividends

OAKVILLE, ON , March 8, 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 an...

2 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Dividend Rates on Cumulative Rate Reset Preferred Shares, Series D, and Cumulative Floating Rate Preferred Shares, Series E

OAKVILLE, ON , March 4, 2024 /PRNewswire/ - Further to the news release of Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) dated February 20, 2024, the Company announ...

2 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Conversion Rights for Cumulative Rate Reset Preferred Shares, Series D

OAKVILLE, ON , Feb. 20, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) announced today that it does not intend to exercise its right to redeem al...

2 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Appoints New Independent Director

Private equity veteran David Levenson joins Board of Directors OAKVILLE, ON , Feb. 2, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today announ...

3 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Date for Fourth Quarter and Full Year 2023 Financial Results and Conference Call

OAKVILLE, ON , Jan. 11, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its fourth quarter and full year 2023 financial results on...

4 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Pricing of $500 Million of Senior Unsecured Notes due 2029 and $350 Million of Senior Unsecured Notes due 2034

OAKVILLE, ON , Jan. 10, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("APUC") (TSX: AQN) (NYSE: AQN) today announced that on January 9, 2024, Liberty Utilities Co. ("Liberty Utilities"), APUC...

4 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Results of Exercise of Conversion Rights of Cumulative Rate Reset Preferred Shares, Series A

OAKVILLE, ON , Dec. 19, 2023 /PRNewswire/ - Further to the press releases of Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) dated November 22, 2023 and December 4, 2...

5 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Dividend Rates on Cumulative Rate Reset Preferred Shares, Series A, and Cumulative Floating Rate Preferred Shares, Series B

OAKVILLE, ON , Dec. 4, 2023 /PRNewswire/ - Further to the news release of Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) dated November 22, 2023, the Company announc...

5 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Conversion Rights for Cumulative Rate Reset Preferred Shares, Series A

OAKVILLE, ON , Nov. 22, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) announced today that it does not intend to exercise its right to redeem al...

5 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces 2023 Third Quarter Financial Results

OAKVILLE, ON , Nov. 10, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced financial results for the third quarter ended September 30...

6 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Declares Fourth Quarter 2023 Common Share Dividend of U.S.$0.1085 (C$0.1497), and Declares Fourth Quarter 2023 Preferred Share Dividends

OAKVILLE, ON , Nov. 10, 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 an...

6 months ago - PRNewsWire

Starboard Value Issues Presentation Delivered at the 2023 Capitalize for Kids Investors Conference

NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard” or “we”) today announced that Jeffrey Smith, the firm's Chief Executive Officer and Chief Investment Officer, d...

Other symbols: BLMN
7 months ago - Business Wire

Algonquin Power & Utilities Corp. Announces Date for Third Quarter 2023 Financial Results and Conference Call

OAKVILLE, ON , Oct. 11, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its third quarter 2023 financial results on Friday, Novemb...

7 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Redemption of its 6.875% Fixed-to-Floating Subordinated Notes - Series 2018-A due 2078

OAKVILLE, ON , Oct. 6, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN", "Algonquin" or the "Company") (TSX: AQN) (NYSE: AQN) today announced that on November 6, 2023 (the "Redemption Date...

7 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Will Pursue Sale of Renewable Energy Group Following Strategic Review; Announces 2023 Second Quarter Financial Results

OAKVILLE, ON , Aug. 10, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced that it will pursue a sale of the Renewable Energy Group. ...

9 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Declares Third Quarter 2023 Common Share Dividend of U.S.$0.1085 (C$0.1460), and Declares Third Quarter 2023 Preferred Share Dividends

OAKVILLE, ON , Aug. 10, 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 an...

9 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces CEO Transition

Chris Huskilson Appointed Interim CEO, Succeeding Arun Banskota Board Commencing Search for a Permanent CEO OAKVILLE, ON , Aug. 10, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN", "Algon...

9 months ago - PRNewsWire

Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2023 Financial Results and Conference Call

OAKVILLE, ON , July 25, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its second quarter 2023 financial results on Thursday, Aug...

10 months ago - PRNewsWire