Algonquin Power & Utilities (NYSE:AQN) Issues FY 2026 Earnings Guidance

Algonquin Power & Utilities (NYSE:AQN) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.350-0.370 for the period, compared to the consensus estimate of 0.360. The company issued revenue guidance of -. Algonquin Power & Utilities also updated its FY 2027 guidance to 0.380-0.420 EPS.

Analyst Ratings Changes

A number of equities research analysts recently commented on AQN shares. Weiss Ratings reissued a “hold (c)” rating on shares of Algonquin Power & Utilities in a research note on Friday, July 17th. Wells Fargo & Company started coverage on shares of Algonquin Power & Utilities in a report on Tuesday, May 12th. They issued an “equal weight” rating and a $7.00 price target on the stock. National Bank Financial lowered their price target on shares of Algonquin Power & Utilities from $7.25 to $7.00 and set an “outperform” rating on the stock in a research report on Friday, July 3rd. Finally, Canadian Imperial Bank of Commerce raised their price objective 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. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $6.81.

Algonquin Power & Utilities Trading Down 0.3%

Shares of AQN stock opened at $5.74 on Friday. 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 company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 30.19 and a beta of 0.70. The firm has a 50-day moving average price of $5.85 and a 200 day moving average price of $6.18. 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 released its earnings results on Friday, August 7th. The utilities provider reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). Algonquin Power & Utilities had a return on equity of 5.21% and a net margin of 6.62%.The business had revenue of $582.99 million for the quarter, compared to analysts’ expectations of $582.99 million. During the same quarter last year, the company posted $0.04 earnings per share. Algonquin Power & Utilities has set its FY 2027 guidance at 0.380-0.420 EPS and its FY 2026 guidance at 0.350-0.370 EPS. Research analysts forecast that Algonquin Power & Utilities will post 0.36 earnings per share for the current fiscal year.

Algonquin Power & Utilities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, September 29th. Algonquin Power & Utilities’s dividend payout ratio is presently 136.84%.

Trending Headlines about Algonquin Power & Utilities

Here are the key news stories impacting Algonquin Power & Utilities this week:

• Positive Sentiment: Algonquin reported progress in regulatory proceedings in Missouri, California and Kansas, potentially improving visibility around future utility operations and rate recovery. Algonquin Power & Utilities Corp. Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The board declared a quarterly common-share dividend of US$0.065 per share, payable October 15 to shareholders of record September 29. The continued payout may support the stock’s income-oriented appeal. Algonquin Declares Third Quarter 2026 Dividend
• Neutral Sentiment: Management set fiscal 2026 EPS guidance at $0.35-$0.37 and fiscal 2027 guidance at $0.38-$0.42. The ranges bracket consensus estimates of $0.36 and $0.40, respectively, suggesting expectations were broadly maintained rather than materially raised or lowered.
• Negative Sentiment: Second-quarter adjusted earnings were $0.04 per share, below the $0.05 analyst consensus and unchanged from the prior-year quarter. Reported net earnings were $4.9 million, or $0.01 per share, while adjusted net earnings totaled $29.2 million, or $0.04 per share. The earnings and revenue shortfall weighed on sentiment. Algonquin Power & Utilities Misses Q2 Earnings and Revenue Estimates

Hedge Funds Weigh In On Algonquin Power & Utilities

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. grew its stake in shares of Algonquin Power & Utilities by 65.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,205,756 shares of the utilities provider’s stock valued at $62,738,000 after buying an additional 4,808,539 shares during the period. Envestnet Asset Management Inc. purchased a new position in shares of Algonquin Power & Utilities in the 2nd quarter worth $85,000. American Century Companies Inc. raised its position in shares of Algonquin Power & Utilities by 8.4% in the 2nd quarter. American Century Companies Inc. now owns 240,683 shares of the utilities provider’s stock worth $1,377,000 after buying an additional 18,752 shares during the period. Russell Investments Group Ltd. boosted its holdings in Algonquin Power & Utilities by 15.9% in the second quarter. Russell Investments Group Ltd. now owns 120,708 shares of the utilities provider’s stock valued at $691,000 after acquiring an additional 16,552 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in Algonquin Power & Utilities by 465.0% in the second quarter. Marshall Wace LLP now owns 106,046 shares of the utilities provider’s stock valued at $608,000 after acquiring an additional 87,276 shares during the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

About Algonquin Power & Utilities

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.