Algonquin Power & Utilities (NYSE:AQN – Get Free Report) 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 earnings per share estimate of 0.360. Algonquin Power & Utilities also updated its FY 2027 guidance to 0.380-0.420 EPS.
Analyst Ratings Changes
A number of research analysts have commented on the stock. National Bank Financial set a $7.00 target price on shares of Algonquin Power & Utilities and gave the company an “outperform” rating in a research report on Tuesday, September 1st. TD set a $6.00 price target on shares of Algonquin Power & Utilities and gave the stock a “hold” rating in a research report on Monday, August 31st. Barclays dropped their price objective on shares of Algonquin Power & Utilities from $7.00 to $6.00 and set an “overweight” rating on the stock in a research note on Thursday, October 1st. Huntington initiated coverage on shares of Algonquin Power & Utilities in a research note on Monday, September 14th. They set an “outperform” rating and a $7.00 price objective on the stock. Finally, Canadian Imperial Bank of Commerce cut their price objective on shares of Algonquin Power & Utilities from $6.00 to $5.75 and set a “neutral” rating on the stock in a report on Wednesday, October 28th. Seven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $6.59.
Get Our Latest Analysis on AQN
Algonquin Power & Utilities Stock Down 1.0%
Shares of AQN traded down $0.06 during trading hours on Friday, hitting $5.58. The company had a trading volume of 2,417,029 shares, compared to its average volume of 4,400,358. The company has a market capitalization of $4.30 billion, a PE ratio of 29.40 and a beta of 0.73. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 1.28. Algonquin Power & Utilities has a one year low of $4.91 and a one year high of $7.11. The company’s fifty day moving average price is $5.32 and its two-hundred day moving average price is $5.94.
Algonquin Power & Utilities (NYSE:AQN – Get Free Report) last issued its quarterly earnings data on Friday, November 6th. The utilities provider reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Algonquin Power & Utilities had a return on equity of 5.16% and a net margin of 5.77%. 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. As a group, equities analysts forecast that Algonquin Power & Utilities will post 0.35 earnings per share for the current fiscal year.
About Algonquin Power & Utilities
Algonquin Power & Utilities Corp. is a Canadian utility company that owns and operates regulated electric, natural gas and water distribution businesses. Through its Liberty operating brands, the company provides essential utility services to residential, commercial and industrial customers in communities across the United States and Canada.
The company’s regulated utility operations include electricity distribution and generation, natural gas distribution, and water and wastewater services.
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