Algonquin Power & Utilities (NYSE:AQN) Updates FY 2027 Earnings Guidance

Algonquin Power & Utilities (NYSE:AQN) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.380-0.420 for the period, compared to the consensus EPS estimate of 0.400. The company issued revenue guidance of -. Algonquin Power & Utilities also updated its FY 2026 guidance to 0.350-0.370 EPS.

Analysts Set New Price Targets

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

Algonquin Power & Utilities Price Performance

Algonquin Power & Utilities stock opened at $5.74 on Friday. The stock has a market cap of $4.41 billion, a P/E ratio of 30.19 and a beta of 0.70. The company has a fifty day simple moving average of $5.85 and a 200-day simple moving average of $6.18. Algonquin Power & Utilities has a 12-month low of $5.32 and a 12-month high of $7.11. The company has a current ratio of 1.05, a quick ratio of 0.87 and a debt-to-equity ratio of 1.26.

Algonquin Power & Utilities (NYSE:AQN) last posted its earnings results on Friday, August 7th. The utilities provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). Algonquin Power & Utilities had a net margin of 6.62% and a return on equity of 5.21%. The business had revenue of $582.99 million during the quarter, compared to analysts’ expectations of $582.99 million. During the same period last year, the company earned $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. Equities analysts expect that Algonquin Power & Utilities will post 0.36 EPS for the current fiscal year.

Algonquin Power & Utilities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 29th. Algonquin Power & Utilities’s dividend payout ratio (DPR) is 136.84%.

Key Algonquin Power & Utilities News

Here are the key news stories impacting Algonquin Power & Utilities this week:

• Positive Sentiment: Algonquin reported progress in regulatory proceedings in Missouri, California and Kansas, potentially improving visibility around future utility operations and rate recovery. Algonquin Power & Utilities Corp. Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The board declared a quarterly common-share dividend of US$0.065 per share, payable October 15 to shareholders of record September 29. The continued payout may support the stock’s income-oriented appeal. Algonquin Declares Third Quarter 2026 Dividend
• Neutral Sentiment: Management set fiscal 2026 EPS guidance at $0.35-$0.37 and fiscal 2027 guidance at $0.38-$0.42. The ranges bracket consensus estimates of $0.36 and $0.40, respectively, suggesting expectations were broadly maintained rather than materially raised or lowered.
• Negative Sentiment: Second-quarter adjusted earnings were $0.04 per share, below the $0.05 analyst consensus and unchanged from the prior-year quarter. Reported net earnings were $4.9 million, or $0.01 per share, while adjusted net earnings totaled $29.2 million, or $0.04 per share. The earnings and revenue shortfall weighed on sentiment. Algonquin Power & Utilities Misses Q2 Earnings and Revenue Estimates

Hedge Funds Weigh In On Algonquin Power & Utilities

Several hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its holdings in shares of Algonquin Power & Utilities by 41.4% in the 3rd quarter. Millennium Management LLC now owns 150,309 shares of the utilities provider’s stock valued at $807,000 after buying an additional 44,045 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Algonquin Power & Utilities by 15.9% in the second quarter. Russell Investments Group Ltd. now owns 120,708 shares of the utilities provider’s stock valued at $691,000 after acquiring an additional 16,552 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in Algonquin Power & Utilities by 5.7% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 86,259 shares of the utilities provider’s stock valued at $530,000 after acquiring an additional 4,616 shares during the last quarter. Investment Management Corp of Ontario boosted its stake in Algonquin Power & Utilities by 231.5% in the fourth quarter. Investment Management Corp of Ontario now owns 85,690 shares of the utilities provider’s stock valued at $527,000 after acquiring an additional 59,843 shares in the last quarter. Finally, Amundi acquired a new position in Algonquin Power & Utilities in the fourth quarter valued at $509,000. 62.28% of the stock is currently owned by hedge funds and other institutional investors.

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.