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

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

Algonquin Power & Utilities Stock Down 1.0%

Shares of Algonquin Power & Utilities stock opened at $5.69 on Friday. The business has a 50-day moving average price of $5.85 and a 200 day moving average price of $6.18. Algonquin Power & Utilities has a fifty-two week low of $5.32 and a fifty-two week high of $7.11. The firm has a market cap of $4.38 billion, a P/E ratio of 25.89 and a beta of 0.70. The company has a quick ratio of 0.87, a current ratio of 1.05 and a debt-to-equity ratio of 1.26.

Algonquin Power & Utilities (NYSE:AQN) last released its earnings results on Friday, August 7th. The utilities provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). Algonquin Power & Utilities had a return on equity of 5.21% and a net margin of 6.62%.During the same period in the prior year, the company posted $0.04 EPS. 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. On average, sell-side analysts forecast that Algonquin Power & Utilities will post 0.36 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AQN has been the subject of a number of research reports. Canadian Imperial Bank of Commerce lifted their price objective on shares of Algonquin Power & Utilities from $6.25 to $6.50 and gave the stock a “neutral” rating in a report on Monday, April 20th. Weiss Ratings restated a “hold (c)” rating on shares of Algonquin Power & Utilities in a research report on Friday, July 17th. National Bank Financial decreased their price target on shares of Algonquin Power & Utilities from $7.25 to $7.00 and set an “outperform” rating for the company in a report on Friday, July 3rd. Finally, Wells Fargo & Company assumed coverage on shares of Algonquin Power & Utilities in a research note on Tuesday, May 12th. They set an “equal weight” rating and a $7.00 price objective on the stock. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $6.81.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. EdgePoint Investment Group Inc. raised its holdings in Algonquin Power & Utilities by 32.6% during the fourth quarter. EdgePoint Investment Group Inc. now owns 81,727,385 shares of the utilities provider’s stock worth $502,563,000 after purchasing an additional 20,074,709 shares in the last quarter. Bank of Montreal Can boosted its stake in Algonquin Power & Utilities by 23.1% during the 4th quarter. Bank of Montreal Can now owns 20,717,144 shares of the utilities provider’s stock valued at $127,395,000 after purchasing an additional 3,886,254 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Algonquin Power & Utilities by 65.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,205,756 shares of the utilities provider’s stock valued at $62,738,000 after purchasing an additional 4,808,539 shares during the period. Bank of Nova Scotia raised its stake in shares of Algonquin Power & Utilities by 1.0% in the 4th quarter. Bank of Nova Scotia now owns 10,276,178 shares of the utilities provider’s stock worth $63,187,000 after buying an additional 106,232 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Algonquin Power & Utilities by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,572,396 shares of the utilities provider’s stock valued at $46,572,000 after buying an additional 266,020 shares during the period. Institutional investors and hedge funds own 62.28% of the company’s stock.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp (NYSE: AQN) is a diversified generation, transmission and distribution utility company headquartered in Oakville, Ontario. Established in 1988, the firm operates through two primary business segments: Regulated Utilities and Renewable Energy. Its Regulated Utilities segment comprises electric, natural gas and water distribution networks serving residential, commercial and industrial customers across North America, while its Renewable Energy portfolio includes hydroelectric, solar, wind and thermal generation facilities.

The company’s renewable energy assets span multiple jurisdictions in Canada and the United States, reflecting its strategy to expand clean power capacity in regions with supportive regulatory frameworks.