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Algonquin Power & Utilities (TSE:AQN)
TSX:AQN
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AQN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$6.51 - C$9.28
Previous CloseC$6.61
Volume2.18M
Average Volume (3M)3.31M
Market Cap
C$5.21B
Enterprise ValueC$18.51B
Total Cash (Recent Filing)$131.63M
Total Debt (Recent Filing)$8.29B
Price to Earnings (P/E)30.9
Beta1.04
Next Earnings
Nov 07, 2024EPS Estimate
C$0.13Last Dividend Ex-Date
Sep 27, 2024Dividend Yield8.06%
Share Statistics
EPS (TTM)0.21
Shares Outstanding766,990,000
10 Day Avg. Volume2,596,009
30 Day Avg. Volume3,306,616
Standard Deviation0.08
R-Squared0.07
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.84
Price to Sales (P/S)1.43
Price to Cash Flow (P/CF)4.00
P/FCF Ratio6.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.05
Enterprise Value/Gross Profit9.43
Enterprise Value/Ebitda21.93
Forecast
1Y Price Target
C$8.43Price Target Upside24.02% Upside
Rating ConsensusHold
Number of Analyst Covering7
Algonquin Power & Utilities News
PremiumCompany Announcements
Algonquin Power Shifts Focus to Regulated Utilities
PremiumCompany Announcements
Algonquin Power & Utilities Announces Q4 2024 Dividends
PremiumCompany Announcements
Algonquin Power Announces Q3 2024 Earnings Call
Bulls Say, Bears Say
Bulls Say
Asset SaleThe sale of Algonquin's wind/solar renewables business to LS Power for a total price tag of $2.5 billion was ahead of the anticipated $2.3 billion.
Business DiversificationThe business and geographical diversification lowers operational risk and offers good growth prospects, especially in the water and wastewater segment where growth opportunities are more readily available.
Strategic DevelopmentsThe 'back to basics' strategy and recent announcements are positive developments for Algonquin.
Bears Say
Dividend CutThe magnitude of the 40% dividend cut was larger than expected and may have taken investors by surprise.
Financial PerformanceManagement indicated that returns at core utilities are significantly lower than anticipated, highlighting ongoing communication and execution issues.
Regulated OperationsThe revelation that regulated operations are in worse shape than previously thought has contributed to a significant share price decline.
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Options Prices
Currently, No data available
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Ownership Overview
0.03% Insiders
8.04% Mutual Funds
― Other Institutional Investors
83.55% Public Companies and Individual Investors
AQN FAQ
What was Algonquin Power & Utilities’s price range in the past 12 months?
Algonquin Power & Utilities lowest stock price was C$6.51 and its highest was C$9.28 in the past 12 months.
What is Algonquin Power & Utilities’s market cap?
Currently, no data Available
When is Algonquin Power & Utilities’s upcoming earnings report date?
Algonquin Power & Utilities’s upcoming earnings report date is Nov 07, 2024 which is today.
How were Algonquin Power & Utilities’s earnings last quarter?
Algonquin Power & Utilities released its earnings results on Aug 09, 2024. The company reported C$0.125 earnings per share for the quarter, beating the consensus estimate of C$0.111 by C$0.014.
Is Algonquin Power & Utilities overvalued?
According to Wall Street analysts Algonquin Power & Utilities’s price is currently Undervalued.
Does Algonquin Power & Utilities pay dividends?
Algonquin Power & Utilities pays a Quarterly dividend of C$0.09 which represents an annual dividend yield of 8.06%. See more information on Algonquin Power & Utilities dividends here
What is Algonquin Power & Utilities’s EPS estimate?
Algonquin Power & Utilities’s EPS estimate is C$0.13.
How many shares outstanding does Algonquin Power & Utilities have?
Algonquin Power & Utilities has 766,989,800 shares outstanding.
What happened to Algonquin Power & Utilities’s price movement after its last earnings report?
Algonquin Power & Utilities reported an EPS of C$0.125 in its last earnings report, beating expectations of C$0.111. Following the earnings report the stock price went down -12.601%.
Which hedge fund is a major shareholder of Algonquin Power & Utilities?
Among the largest hedge funds holding Algonquin Power & Utilities’s share is Starboard Value LP. It holds Algonquin Power & Utilities’s shares valued at 364M.
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Algonquin Power & Utilities Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$8.43 (24.02% Upside)
C$8.43 (24.02% Upside)
Blogger Sentiment
Bullish
TSE:AQN Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 180.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.79%
12-Months-Change
Fundamentals
Return on Equity
2.17%
Trailing 12-Months
Asset Growth
5.00%
Trailing 12-Months
Company Description
Algonquin Power & Utilities
Algonquin Power & Utilities Corp. is a diversified utility company, which through its subsidiaries, engages in the ownership and operation of a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. It focuses on delivering reliable earnings, cash flow, and dividend growth through strategic acquisitions and operational excellence. The company was founded on August 1, 1988 and is headquartered in Oakville, Canada.
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AQN Company Deck
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AQN Earnings Call
Q2 2024
0:00 / 0:00
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AQN Stock 12 Month Forecast
Average Price Target
C$8.43
▲(24.02% Upside)
Technical Analysis
Algonquin Power & Utilities
―
Brookfield Renewable Partners
―
Nextera Energy Partners
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Clearway Energy
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Atlantica Sustainable Infrastructure
―
Best Analysts Covering AQN
1 Year
1 Year Success Rate
8/18 ratings generated profit
1 Year Average Return
-1.21%
reiterated a buy rating 4 months ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -1.21% per trade.
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