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

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

Algonquin Power & Utilities Stock Performance

Shares of NYSE AQN opened at $5.51 on Friday. Algonquin Power & Utilities has a 12 month low of $4.91 and a 12 month high of $7.11. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 17.53 and a beta of 0.73. The company has a 50 day simple moving average of $5.32 and a two-hundred day simple moving average of $5.94. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 1.28.

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

Algonquin Power & Utilities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be issued a dividend of $0.0650 per share. The ex-dividend date of this dividend is Thursday, December 31st. This represents a $0.26 annualized dividend and a dividend yield of 4.7%. Algonquin Power & Utilities’s payout ratio is presently 136.84%.

Analyst Ratings Changes

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

Key Headlines Impacting Algonquin Power & Utilities

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

Algonquin Power & Utilities Company Profile

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.