Research Analysts Issue Forecasts for Algonquin Power & Utilities Corp.’s Q1 2025 Earnings (NYSE:AQN)

Algonquin Power & Utilities Corp. (NYSE:AQN) – Equities research analysts at Raymond James issued their Q1 2025 earnings per share (EPS) estimates for Algonquin Power & Utilities in a research note issued on Thursday, April 25th. Raymond James analyst D. Quezada anticipates that the utilities provider will post earnings of $0.14 per share for the quarter. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.49 per share. Raymond James also issued estimates for Algonquin Power & Utilities’ Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.14 EPS, Q4 2025 earnings at $0.15 EPS and FY2025 earnings at $0.56 EPS.

Algonquin Power & Utilities (NYSE:AQN) last released its quarterly earnings results on Friday, March 8th. The utilities provider reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $666.90 million during the quarter, compared to the consensus estimate of $661.73 million. Algonquin Power & Utilities had a net margin of 1.06% and a return on equity of 5.64%. Algonquin Power & Utilities’s revenue for the quarter was down 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 EPS.

AQN has been the topic of several other research reports. CIBC boosted their price target on Algonquin Power & Utilities from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Tuesday, January 9th. TD Securities boosted their target price on Algonquin Power & Utilities from $6.00 to $6.50 and gave the company a “hold” rating in a report on Monday, March 11th. Desjardins raised Algonquin Power & Utilities from a “sell” rating to a “hold” rating and increased their price target for the stock from $4.75 to $5.75 in a report on Monday, March 11th. StockNews.com upgraded shares of Algonquin Power & Utilities to a “sell” rating in a research report on Wednesday, April 17th. Finally, BMO Capital Markets upgraded shares of Algonquin Power & Utilities from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $7.00 to $7.50 in a research note on Monday, January 8th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $7.67.

Algonquin Power & Utilities Trading Down 0.8 %

NYSE AQN opened at $6.12 on Friday. The firm’s fifty day moving average is $6.05 and its two-hundred day moving average is $5.99. Algonquin Power & Utilities has a one year low of $4.90 and a one year high of $9.14. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.50 and a current ratio of 0.63. The firm has a market cap of $4.22 billion, a PE ratio of 204.00 and a beta of 0.66.

Institutional Trading of Algonquin Power & Utilities

A number of institutional investors have recently added to or reduced their stakes in AQN. Goldman Sachs Group Inc. grew its holdings in Algonquin Power & Utilities by 754.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 15,552,484 shares of the utilities provider’s stock valued at $98,292,000 after purchasing an additional 13,731,305 shares during the last quarter. Norges Bank acquired a new stake in Algonquin Power & Utilities in the 4th quarter valued at about $28,322,000. Sasco Capital Inc. CT purchased a new position in Algonquin Power & Utilities during the 3rd quarter valued at about $18,156,000. Hudson Bay Capital Management LP acquired a new position in Algonquin Power & Utilities during the third quarter worth about $8,936,000. Finally, Toronto Dominion Bank lifted its holdings in shares of Algonquin Power & Utilities by 7.9% in the third quarter. Toronto Dominion Bank now owns 13,293,748 shares of the utilities provider’s stock valued at $78,699,000 after purchasing an additional 978,758 shares in the last quarter. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Algonquin Power & Utilities Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a $0.1085 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 7.09%. Algonquin Power & Utilities’s dividend payout ratio is presently 1,433.33%.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.