Equities Analysts Offer Predictions for Algonquin Power & Utilities Corp.’s Q1 2025 Earnings (NYSE:AQN)

Algonquin Power & Utilities Corp. (NYSE:AQN) – Analysts at Raymond James issued their Q1 2025 earnings estimates for shares of Algonquin Power & Utilities in a note issued to investors on Thursday, April 25th. Raymond James analyst D. Quezada anticipates that the utilities provider will post earnings per share of $0.14 for the quarter. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.49 per share. Raymond James also issued estimates for Algonquin Power & Utilities’ Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.15 EPS and FY2025 earnings at $0.56 EPS.

AQN has been the subject of several other reports. CIBC raised their target price on shares of Algonquin Power & Utilities from $7.00 to $7.50 and gave the company a “neutral” rating in a research note on Tuesday, January 9th. StockNews.com upgraded shares of Algonquin Power & Utilities to a “sell” rating in a research note on Wednesday, April 17th. Scotiabank cut their target price on shares of Algonquin Power & Utilities from $7.50 to $6.50 and set a “sector perform” rating for the company in a research note on Monday, April 22nd. National Bankshares reduced their price target on Algonquin Power & Utilities from $7.50 to $7.25 and set a “sector perform” rating for the company in a report on Tuesday, January 9th. Finally, TD Securities upped their price objective on Algonquin Power & Utilities from $6.00 to $6.50 and gave the company a “hold” rating in a research note on Monday, March 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $7.67.

Algonquin Power & Utilities Stock Down 0.8 %

AQN stock opened at $6.12 on Friday. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 204.00 and a beta of 0.66. Algonquin Power & Utilities has a twelve month low of $4.90 and a twelve month high of $9.14. The business has a 50 day moving average price of $6.05 and a two-hundred day moving average price of $5.99. The company has a quick ratio of 0.50, a current ratio of 0.63 and a debt-to-equity ratio of 1.23.

Algonquin Power & Utilities (NYSE:AQN) last posted its quarterly earnings data on Friday, March 8th. The utilities provider reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Algonquin Power & Utilities had a net margin of 1.06% and a return on equity of 5.64%. The company had revenue of $666.90 million during the quarter, compared to the consensus estimate of $661.73 million. During the same period in the prior year, the business posted $0.22 EPS. The company’s quarterly revenue was down 10.8% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pacifica Partners Inc. boosted its position in shares of Algonquin Power & Utilities by 1,975.0% in the fourth quarter. Pacifica Partners Inc. now owns 4,150 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 3,950 shares during the period. Parallel Advisors LLC grew its position in shares of Algonquin Power & Utilities by 76.3% during the 4th quarter. Parallel Advisors LLC now owns 4,347 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 1,882 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Algonquin Power & Utilities during the third quarter worth approximately $28,000. CTC Alternative Strategies Ltd. acquired a new stake in shares of Algonquin Power & Utilities in the third quarter valued at approximately $62,000. Finally, SG Americas Securities LLC bought a new stake in shares of Algonquin Power & Utilities in the fourth quarter valued at approximately $64,000. 62.28% of the stock is owned by institutional investors and hedge funds.

Algonquin Power & Utilities Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a $0.1085 dividend. This represents a $0.43 annualized dividend and a dividend yield of 7.09%. The ex-dividend date was Wednesday, March 27th. Algonquin Power & Utilities’s payout ratio is 1,433.33%.

About Algonquin Power & Utilities

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.