Equities Analysts Set Expectations for AQN FY2026 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Stock analysts at Scotiabank decreased their FY2026 EPS estimates for Algonquin Power & Utilities in a research report issued to clients and investors on Thursday, May 14th. Scotiabank analyst R. Hope now expects that the utilities provider will earn $0.36 per share for the year, down from their previous forecast of $0.37. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.37 per share.

Algonquin Power & Utilities (NYSE:AQN) last posted its quarterly earnings data on Friday, May 8th. The utilities provider reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. The business had revenue of $713.69 million for the quarter, compared to analysts’ expectations of $713.69 million. Algonquin Power & Utilities had a net margin of 6.62% and a return on equity of 5.21%. During the same period in the previous year, the firm posted $0.14 EPS.

Other research analysts have also recently issued reports about the company. Weiss Ratings raised Algonquin Power & Utilities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. TD Cowen dropped their target price on Algonquin Power & Utilities from $6.50 to $6.00 and set a “hold” rating on the stock in a research report on Monday, March 9th. Barclays initiated coverage on Algonquin Power & Utilities in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $7.00 target price on the stock. Canadian Imperial Bank of Commerce raised their price target on shares of Algonquin Power & Utilities from $6.25 to $6.50 and gave the stock a “neutral” rating in a research note on Monday, April 20th. Finally, Wells Fargo & Company assumed coverage on shares of Algonquin Power & Utilities in a report on Tuesday. They issued an “equal weight” rating and a $7.00 price objective on the stock. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Algonquin Power & Utilities has a consensus rating of “Hold” and a consensus price target of $6.77.

Algonquin Power & Utilities Stock Performance

AQN opened at $5.88 on Friday. The business’s 50-day moving average price is $6.28 and its two-hundred day moving average price is $6.26. Algonquin Power & Utilities has a 1 year low of $5.32 and a 1 year high of $7.11. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 26.71 and a beta of 0.74. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.05 and a quick ratio of 0.82.

Institutional Trading of Algonquin Power & Utilities

Several institutional investors and hedge funds have recently bought and sold shares of AQN. Renaissance Technologies LLC grew its stake in Algonquin Power & Utilities by 57.7% in the first quarter. Renaissance Technologies LLC now owns 1,947,792 shares of the utilities provider’s stock valued at $11,959,000 after purchasing an additional 712,800 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Algonquin Power & Utilities by 9.1% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,204,025 shares of the utilities provider’s stock worth $19,659,000 after purchasing an additional 267,114 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Algonquin Power & Utilities by 85.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 7,321,263 shares of the utilities provider’s stock worth $44,861,000 after purchasing an additional 3,376,321 shares in the last quarter. Keynote Financial Services LLC bought a new stake in shares of Algonquin Power & Utilities during the 1st quarter worth approximately $120,000. Finally, State of Wyoming boosted its holdings in shares of Algonquin Power & Utilities by 152.1% in the 1st quarter. State of Wyoming now owns 31,147 shares of the utilities provider’s stock valued at $189,000 after buying an additional 18,791 shares during the last quarter. Institutional investors own 62.28% of the company’s stock.

Algonquin Power & Utilities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.065 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.26 annualized dividend and a dividend yield of 4.4%. Algonquin Power & Utilities’s dividend payout ratio (DPR) is presently 118.18%.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp (NYSE: AQN) is a diversified generation, transmission and distribution utility company headquartered in Oakville, Ontario. Established in 1988, the firm operates through two primary business segments: Regulated Utilities and Renewable Energy. Its Regulated Utilities segment comprises electric, natural gas and water distribution networks serving residential, commercial and industrial customers across North America, while its Renewable Energy portfolio includes hydroelectric, solar, wind and thermal generation facilities.

The company’s renewable energy assets span multiple jurisdictions in Canada and the United States, reflecting its strategy to expand clean power capacity in regions with supportive regulatory frameworks.