Raymond James Has Bullish Outlook for AQN Q1 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Equities research analysts at Raymond James increased their Q1 2025 EPS estimates for shares of Algonquin Power & Utilities in a research note issued on Thursday, April 17th. Raymond James analyst T. Genzebu now forecasts that the utilities provider will post earnings per share of $0.10 for the quarter, up from their prior forecast of $0.09. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.38 per share. Raymond James also issued estimates for Algonquin Power & Utilities’ Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.07 EPS, FY2025 earnings at $0.31 EPS, Q1 2026 earnings at $0.10 EPS, Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.08 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $0.35 EPS.

Algonquin Power & Utilities (NYSE:AQN) last posted its earnings results on Friday, March 7th. The utilities provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.04). Algonquin Power & Utilities had a negative net margin of 39.12% and a positive return on equity of 5.22%. The business had revenue of $584.80 million during the quarter, compared to analyst estimates of $644.73 million.

Other analysts also recently issued reports about the stock. Scotiabank boosted their target price on shares of Algonquin Power & Utilities from $5.25 to $5.50 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. National Bankshares cut their price objective on Algonquin Power & Utilities from $6.75 to $6.25 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. Finally, Royal Bank of Canada cut their target price on Algonquin Power & Utilities from $6.00 to $5.50 and set a “sector perform” rating on the stock in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Algonquin Power & Utilities has a consensus rating of “Hold” and a consensus target price of $5.94.

Algonquin Power & Utilities Stock Performance

AQN opened at $5.40 on Friday. Algonquin Power & Utilities has a 1-year low of $4.19 and a 1-year high of $6.79. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.92 and a quick ratio of 0.73. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of -4.18 and a beta of 0.65. The business has a 50 day moving average price of $4.94 and a two-hundred day moving average price of $4.79.

Algonquin Power & Utilities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.065 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.26 dividend on an annualized basis and a yield of 4.82%. Algonquin Power & Utilities’s dividend payout ratio is currently -14.44%.

Institutional Trading of Algonquin Power & Utilities

A number of institutional investors have recently added to or reduced their stakes in the business. Krilogy Financial LLC lifted its stake in shares of Algonquin Power & Utilities by 116.7% in the 4th quarter. Krilogy Financial LLC now owns 1,621,045 shares of the utilities provider’s stock valued at $7,214,000 after purchasing an additional 873,045 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Algonquin Power & Utilities during the 4th quarter worth about $905,000. Vanguard Group Inc. increased its holdings in shares of Algonquin Power & Utilities by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 31,510,928 shares of the utilities provider’s stock valued at $139,845,000 after acquiring an additional 544,198 shares during the last quarter. Manning & Napier Advisors LLC raised its stake in shares of Algonquin Power & Utilities by 25.0% in the 4th quarter. Manning & Napier Advisors LLC now owns 1,250,000 shares of the utilities provider’s stock valued at $5,562,000 after acquiring an additional 250,000 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Algonquin Power & Utilities by 12.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,179,465 shares of the utilities provider’s stock worth $7,808,000 after purchasing an additional 128,806 shares during the last quarter. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.