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Algonquin Power & Utilities (TSE:AQN)
TSX:AQN
RESEARCH TOOLSreports
Algonquin Power & Utilities (AQN) Stock Price & Analysis
1,325 Followers
AQN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$6.40 - C$10.33
Previous CloseC$8.12
Volume1.71M
Average Volume (3M)2.38M
Market Cap
C$6.23B
Enterprise ValueC$20.82B
Total Cash (Recent Filing)$86.27M
Total Debt (Recent Filing)$9.11B
Price to Earnings (P/E)―
Beta0.99
Next Earnings
Aug 09, 2024EPS Estimate
C$0.11Last Dividend Ex-Date
Jun 28, 2024Dividend Yield7.3%
Share Statistics
EPS (TTM)-0.67
Shares Outstanding689,726,691
10 Day Avg. Volume2,863,639
30 Day Avg. Volume2,382,881
Standard Deviation0.08
R-Squared0.07
Alpha-0.00544
Financial Highlights & Ratios
Price to Book (P/B)1.22
Price to Sales (P/S)9.05
Price to Cash Flow (P/CF)7.70
P/FCF Ratio40.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.84
Enterprise Value/Gross Profit10.61
Enterprise Value/Ebitda88.39
Forecast
1Y Price Target
C$9.41Price Target Upside15.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Algonquin Power & Utilities News
PremiumCompany Announcements
Algonquin Power Reports Q2 2024 Financial Results
PremiumCompany Announcements
Algonquin Announces Corporate Unit Settlement
PremiumCompany Announcements
Algonquin Power Announces Board Election Results
PremiumCompany Announcements
Algonquin Power Endorses Atlantica’s Takeover Plan
PremiumCompany Announcements
Algonquin Power Champions Ethical Supply Chains
Bulls Say, Bears Say
Bulls Say
Renewable SectorImproved sentiment in the renewable sector has led to better performance of the shares.
Strategic TransitionA transition to a pure-play utility should support a valuation re-rating.
ValuationThe likely sale of AQN's renewables franchise is seen as a potentially meaningful catalyst.
Bears Say
Capital AccessAY's inability to access capital on palatable terms rendered the investment as strategically useless for AQN.
EarningsThe lower EPS reflects the loss of Atlantica's annual dividend partially offset by additional debt reduction and share repurchases.
Financial PerformanceQ1/24 results fell short of expectations, mainly due to lower performance in the Renewable Energy sector and higher interest expenses.
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Options Prices
Currently, No data available
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Ownership Overview
0.36% Insiders
8.80% Mutual Funds
7.21% Other Institutional Investors
83.64% 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$6.40 and its highest was C$10.33 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 Aug 09, 2024 which is in 18 days.
How were Algonquin Power & Utilities’s earnings last quarter?
Algonquin Power & Utilities released its earnings results on May 10, 2024. The company reported C$0.193 earnings per share for the quarter, missing the consensus estimate of C$0.215 by -C$0.022.
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$0.15 which represents an annual dividend yield of 7.3%. 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$0.11.
How many shares outstanding does Algonquin Power & Utilities have?
Algonquin Power & Utilities has 766,686,160 shares outstanding.
What happened to Algonquin Power & Utilities’s price movement after its last earnings report?
Algonquin Power & Utilities reported an EPS of C$0.193 in its last earnings report, missing expectations of C$0.215. Following the earnings report the stock price went down -2.811%.
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 393M.
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Algonquin Power & Utilities Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$9.41 (15.85% Upside)
C$9.41 (15.85% Upside)
Blogger Sentiment
Bullish
TSE:AQN Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 654.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-23.31%
12-Months-Change
Fundamentals
Return on Equity
-6.39%
Trailing 12-Months
Asset Growth
2.12%
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
Q1 2024
0:00 / 0:00
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AQN Stock 12 Month Forecast
Average Price Target
C$9.41
▲(15.85% Upside)
Technical Analysis
Algonquin Power & Utilities
―
American Electric Power
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Atlantica Sustainable Infrastructure
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NextEra Energy
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Edison International
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Best Analysts Covering AQN
1 Year
1 Year Success Rate
8/18 ratings generated profit
1 Year Average Return
+3.82%
reiterated a buy rating 14 days 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 +3.82% per trade.
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