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

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

Algonquin Power & Utilities Stock Performance

NYSE:AQN opened at $5.51 on Friday. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 26.26 and a beta of 0.73. Algonquin Power & Utilities has a 1 year low of $4.91 and a 1 year high of $7.11. The stock’s 50 day simple moving average is $5.32 and its two-hundred day simple moving average is $5.94. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.88 and a quick ratio of 0.69.

Algonquin Power & Utilities (NYSE:AQN) last posted its earnings results on Friday, November 6th. The utilities provider reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $642.50 million during the quarter, compared to the consensus estimate of $647.20 million. Algonquin Power & Utilities had a return on equity of 5.16% and a net margin of 5.77%. 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. As a group, equities analysts anticipate that Algonquin Power & Utilities will post 0.35 earnings per share for the current fiscal year.

Algonquin Power & Utilities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be given a $0.0650 dividend. This represents a $0.26 annualized dividend and a yield of 4.7%. The ex-dividend date is Thursday, December 31st. Algonquin Power & Utilities’s payout ratio is currently 123.81%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on AQN shares. National Bank Financial set a $7.00 price target on shares of Algonquin Power & Utilities and gave the company an “outperform” rating in a research note on Tuesday, September 1st. TD set a $6.00 price objective on shares of Algonquin Power & Utilities and gave the company a “hold” rating in a research report on Monday, August 31st. Weiss Ratings cut shares of Algonquin Power & Utilities from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Barclays reduced their target price on shares of Algonquin Power & Utilities from $7.00 to $6.00 and set an “overweight” rating on the stock in a report on Thursday, October 1st. Finally, Canadian Imperial Bank of Commerce reduced their target price on shares of Algonquin Power & Utilities from $6.00 to $5.75 and set a “neutral” rating on the stock in a report on Wednesday, October 28th. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $6.59.

Key Algonquin Power & Utilities News

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

• Positive Sentiment: Third-quarter adjusted earnings were $0.11 per share, beating the $0.10 analyst consensus and rising from $0.09 a year earlier. Revenue also beat estimates, and the company reported $57.6 million in GAAP net earnings. Algonquin Power & Utilities Q3 Earnings and Revenues Beat Estimates
• Neutral Sentiment: For 2026, AQN guided to adjusted EPS of $0.35–$0.37, a range centered on the $0.36 consensus estimate. It also declared a quarterly common-share dividend of US$0.065 per share, payable January 15, 2027. Third Quarter 2026 Financial Results Fourth Quarter 2026 Dividend Declaration
• Negative Sentiment: 2027 adjusted EPS guidance is $0.38–$0.42, with a $0.40 midpoint slightly below the $0.41 consensus, which could weigh on expectations for earnings growth. Third Quarter 2026 Financial Results

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. is a Canadian utility company that owns and operates regulated electric, natural gas and water distribution businesses. Through its Liberty operating brands, the company provides essential utility services to residential, commercial and industrial customers in communities across the United States and Canada.

The company’s regulated utility operations include electricity distribution and generation, natural gas distribution, and water and wastewater services.