Algonquin Power & Utilities
About: Algonquin Power & Utilities Corp is a Canada-based diversified international generation, transmission, and distribution company. The company's operations are organized across two business units consisting of the Regulated Services Group, which owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations in the United States, Canada, Bermuda, and Chile; and the Hydro Group, which consists of hydroelectric-generating facilities located in Canada. It generates the majority of its revenue from the Regulated Services Group segment.
Employees: 3,786
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
437% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $4.08M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
2.79% more ownership
Funds ownership: 52.86% [Q3] → 55.64% (+2.79%) [Q4]
1% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 80
6% less funds holding
Funds holding: 234 [Q3] → 220 (-14) [Q4]
14% less capital invested
Capital invested by funds: $2.22B [Q3] → $1.9B (-$318M) [Q4]
20% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 45
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5.50
12%
upside
Avg. target
$5.50
12%
upside
High target
$5.50
12%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
RBC Capital Nelson Ng 33% 1-year accuracy 1 / 3 met price target | 12%upside $5.50 | Sector Perform Maintained | 18 Feb 2025 |
Scotiabank Robert Hope 43% 1-year accuracy 3 / 7 met price target | 12%upside $5.50 | Sector Perform Maintained | 13 Feb 2025 |
Financial journalist opinion
Based on 6 articles about AQN published over the past 30 days
Neutral
Seeking Alpha
5 days ago
Algonquin Power & Utilities Corp. (AQN) Q4 2024 Earnings Call Transcript
Algonquin Power & Utilities Corp. (NYSE:AQN ) Q4 2024 Earnings Conference Call March 7, 2025 8:30 AM ET Company Participants Brian Chin - VP of IR Chris Huskilson - CEO Rod West - Incoming CEO Darren Myers - CFO Sarah MacDonald - CTO Conference Call Participants Sean Steuart - TD Cowen Nelson Ng - RBC Rob Hope - Scotiabank Rupert Merer - National Bank Ben Pham - BMO Mark Jarvi - CIBC Capital Markets Operator Hello, and welcome to the Algonquin Power & Utilities Corp Fourth Quarter and Year End 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Negative
Zacks Investment Research
5 days ago
Algonquin Power & Utilities (AQN) Misses Q4 Earnings and Revenue Estimates
Algonquin Power & Utilities (AQN) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.16 per share a year ago.
Neutral
Business Wire
6 days ago
Algonquin Power & Utilities Corp. Declares First Quarter 2025 Common Share Dividend of U.S.$0.0650 (C$0.0934), and Declares First Quarter 2025 Preferred Share Dividends
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (“AQN”) (TSX: AQN, AQN.PR.A, AQN.PR.D, NYSE: AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: US$0.0650 per common share, payable on April 15, 2025, to the shareholders of record on March 31, 2025, for the period from January 1, 2025 to March 31, 2025. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of.
Neutral
Business Wire
6 days ago
Algonquin Power & Utilities Corp. Announces 2024 Fourth Quarter and Full Year Financial Results
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today financial results for the fourth quarter and full year ended December 31, 2024. All amounts are shown in United States dollars (“U.S. $” or “$”), unless otherwise noted. “The Company continued to make strides in its transition to a pure-play utility. Over the last 90 days, we successfully completed our Renewables and Atlantica sales, and we enter 2025 w.
Positive
Benzinga
1 week ago
5 Great Stocks That Are Leading Benzinga's Rankings Today
It should come as no secret to anyone by now that I am a very research-driven investor. I consider myself a deep value investor at heart, and nothing excites me more than uncovering undervalued community banks.
Neutral
Business Wire
3 weeks ago
Algonquin Power & Utilities Corp. Announces Interim CFO Appointment
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) Chief Executive Officer Chris Huskilson announced today that Vice President of Investor Relations Brian Chin will assume the role of Interim Chief Financial Officer, effective March 7, 2025. The announcement follows an earlier announcement of the pending departure of current Chief Financial Officer, Darren Myers, who is leaving to pursue another opportunity. Algonquin.
Positive
Seeking Alpha
1 month ago
6-12% Blue-Chip Yields: The Simple Path To Retiring With Dividends
Retiring with dividends does not have to be difficult. I share two simple paths to retiring with dividends. I also share a sample portfolio of some of my top high-yielding blue-chip stocks that you can use to do this.
Neutral
Business Wire
1 month ago
Algonquin Power & Utilities Corp. Announces Leadership Transition
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today that Rod West will join AQN as Chief Executive Officer, effective March 7, 2025. Chris Huskilson will step down as CEO and will continue in his role as a member of the Board. Mr. West most recently served as Group President, Utility Operations for Entergy, where he was responsible for the operational and financial performance of Entergy's five operating.
Neutral
Business Wire
1 month ago
Algonquin Power & Utilities Corp. Announces Date for Fourth Quarter and Full Year 2024 Financial Results and Conference Call
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”) today announced plans to release its fourth quarter and full year 2024 financial results on Friday, March 7, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, March 7, 2025, hosted by Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers. Conference call details are as follows: Date: Friday, March 7, 2025 Time: 8:3.
Positive
Seeking Alpha
1 month ago
Algonquin Power & Utilities: Value Play With A 5.8% Yield
We were lucky to exit pre-market on the dividend cut announcement. The stock has gone far lower than what we would expect and is now turning into a value play. We tell you how we are playing it and also look at the preferred shares yielding 7%.
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