Desjardins Research Analysts Lift Earnings Estimates for AQN

Algonquin Power & Utilities Corp. (NYSE:AQN) – Desjardins increased their Q3 2025 earnings per share estimates for Algonquin Power & Utilities in a report released on Wednesday, June 4th. Desjardins analyst B. Stadler now anticipates that the utilities provider will post earnings per share of $0.06 for the quarter, up from their prior estimate of $0.05. Desjardins currently has a “Hold” rating and a $6.00 target price on the stock. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.38 per share. Desjardins also issued estimates for Algonquin Power & Utilities’ Q4 2025 earnings at $0.07 EPS.

Other equities research analysts have also issued research reports about the company. Scotiabank raised their price objective on Algonquin Power & Utilities from $6.00 to $6.50 and gave the company a “sector perform” rating in a research note on Wednesday, June 4th. Wall Street Zen downgraded Algonquin Power & Utilities from a “hold” rating to a “sell” rating in a report on Wednesday, May 21st. CIBC lifted their price objective on Algonquin Power & Utilities from $5.75 to $6.25 and gave the stock a “neutral” rating in a report on Wednesday, June 4th. Royal Bank of Canada lifted their price objective on Algonquin Power & Utilities from $6.00 to $6.50 and gave the stock a “sector perform” rating in a report on Wednesday, June 4th. Finally, TD Securities lifted their price objective on Algonquin Power & Utilities from $6.00 to $6.50 and gave the stock a “hold” rating in a report on Wednesday, June 4th. One research analyst has rated the stock with a sell rating and twelve have issued a hold rating to the company. According to data from MarketBeat.com, Algonquin Power & Utilities has a consensus rating of “Hold” and an average target price of $6.31.

Algonquin Power & Utilities Price Performance

AQN stock opened at $5.84 on Monday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.73 and a current ratio of 0.92. Algonquin Power & Utilities has a 1 year low of $4.19 and a 1 year high of $6.36. The firm has a market cap of $4.48 billion, a P/E ratio of -4.52 and a beta of 0.67. The stock has a 50-day simple moving average of $5.40 and a 200-day simple moving average of $4.94.

Algonquin Power & Utilities (NYSE:AQN) last posted its earnings results on Friday, May 9th. The utilities provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Algonquin Power & Utilities had a positive return on equity of 5.22% and a negative net margin of 39.12%. The business had revenue of $692.40 million during the quarter, compared to analyst estimates of $699.08 million. During the same quarter last year, the firm earned $0.14 earnings per share.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AQN. US Bancorp DE grew its position in shares of Algonquin Power & Utilities by 85.7% in the 1st quarter. US Bancorp DE now owns 4,887 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 2,256 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Algonquin Power & Utilities in the 1st quarter worth approximately $31,000. SVB Wealth LLC acquired a new position in shares of Algonquin Power & Utilities in the 4th quarter worth approximately $49,000. Atria Wealth Solutions Inc. acquired a new position in shares of Algonquin Power & Utilities in the 1st quarter worth approximately $51,000. Finally, Avantax Advisory Services Inc. acquired a new position in shares of Algonquin Power & Utilities in the 4th quarter worth approximately $58,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

Algonquin Power & Utilities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a $0.065 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.26 annualized dividend and a dividend yield of 4.46%. Algonquin Power & Utilities’s payout ratio is -16.77%.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.