Equities Analysts Offer Predictions for AQN FY2026 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Equities researchers at Scotiabank dropped their FY2026 earnings estimates for shares of Algonquin Power & Utilities in a note issued to investors on Tuesday, July 7th. Scotiabank analyst R. Hope now anticipates that the utilities provider will post earnings per share of $0.35 for the year, down from their previous estimate of $0.36. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.36 per share.

Several other equities research analysts also recently weighed in on the company. Barclays assumed coverage on Algonquin Power & Utilities in a report on Wednesday, April 1st. They set an “overweight” rating and a $7.00 price target for the company. National Bank Financial reduced their target price on shares of Algonquin Power & Utilities from $7.25 to $7.00 and set an “outperform” rating for the company in a research note on Friday, July 3rd. Weiss Ratings raised shares of Algonquin Power & Utilities from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, April 21st. Wall Street Zen lowered shares of Algonquin Power & Utilities from a “buy” rating to a “hold” rating in a research note on Sunday, March 15th. Finally, Wells Fargo & Company assumed coverage on shares of Algonquin Power & Utilities in a report on Tuesday, May 12th. They set an “equal weight” rating and a $7.00 price target for the company. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Algonquin Power & Utilities currently has an average rating of “Moderate Buy” and an average price target of $6.81.

Algonquin Power & Utilities Trading Up 0.4%

Shares of AQN stock opened at $5.61 on Wednesday. The company has a market capitalization of $4.31 billion, a P/E ratio of 25.48 and a beta of 0.71. The company has a current ratio of 1.05, a quick ratio of 0.87 and a debt-to-equity ratio of 1.26. The business’s 50 day moving average is $5.93 and its two-hundred day moving average is $6.25. Algonquin Power & Utilities has a twelve month low of $5.32 and a twelve month high of $7.11.

Algonquin Power & Utilities (NYSE:AQN) last announced its earnings results on Friday, May 8th. The utilities provider reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $713.69 million during 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 prior year, the company earned $0.14 earnings per share.

Algonquin Power & Utilities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 4.6%. The ex-dividend date is Tuesday, June 30th. Algonquin Power & Utilities’s dividend payout ratio is presently 118.18%.

Institutional Trading of Algonquin Power & Utilities

Several hedge funds have recently bought and sold shares of AQN. Quarry LP purchased a new position in Algonquin Power & Utilities during the 3rd quarter valued at approximately $29,000. Group One Trading LLC lifted its stake in shares of Algonquin Power & Utilities by 63.3% in the 4th quarter. Group One Trading LLC now owns 7,479 shares of the utilities provider’s stock valued at $46,000 after purchasing an additional 2,900 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of Algonquin Power & Utilities in the 4th quarter worth approximately $47,000. Vise Technologies Inc. bought a new stake in Algonquin Power & Utilities in the third quarter worth $56,000. Finally, Tudor Investment Corp ET AL bought a new position in Algonquin Power & Utilities during the fourth quarter valued at $62,000. Hedge funds and other institutional investors own 62.28% of the company’s stock.

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.