Algonquin Power & Utilities (NYSE:AQN – Get Free Report) updated its FY 2027 earnings guidance on Friday morning. The company provided EPS 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.
Algonquin Power & Utilities Trading Down 1.0%
Shares of AQN opened at $5.69 on Friday. The firm has a market cap of $4.38 billion, a price-to-earnings ratio of 25.89 and a beta of 0.70. Algonquin Power & Utilities has a fifty-two week low of $5.32 and a fifty-two week high of $7.11. The firm has a 50 day moving average price of $5.85 and a 200-day moving average price of $6.18. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.87 and a current ratio of 1.05.
Algonquin Power & Utilities (NYSE:AQN – Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The utilities provider reported $0.04 earnings per share 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%. During the same period in the prior 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. As a group, equities research analysts forecast that Algonquin Power & Utilities will post 0.36 earnings per share for the current year.
Analyst Ratings Changes
View Our Latest Research Report on Algonquin Power & Utilities
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. EdgePoint Investment Group Inc. grew its stake in shares of Algonquin Power & Utilities by 32.6% in the 4th quarter. EdgePoint Investment Group Inc. now owns 81,727,385 shares of the utilities provider’s stock worth $502,563,000 after purchasing an additional 20,074,709 shares during the last quarter. Bank of Montreal Can grew its stake in shares of Algonquin Power & Utilities by 23.1% in the 4th quarter. Bank of Montreal Can now owns 20,717,144 shares of the utilities provider’s stock valued at $127,395,000 after buying an additional 3,886,254 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Algonquin Power & Utilities by 65.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,205,756 shares of the utilities provider’s stock valued at $62,738,000 after purchasing an additional 4,808,539 shares in the last quarter. Bank of Nova Scotia lifted its position in shares of Algonquin Power & Utilities by 1.0% in the fourth quarter. Bank of Nova Scotia now owns 10,276,178 shares of the utilities provider’s stock worth $63,187,000 after buying an additional 106,232 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Algonquin Power & Utilities by 3.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,572,396 shares of the utilities provider’s stock worth $46,572,000 after purchasing an additional 266,020 shares during the period. 62.28% of the stock is owned by institutional investors and hedge funds.
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.
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