Raymond James Has Bearish Estimate for AQN FY2025 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Research analysts at Raymond James decreased their FY2025 EPS estimates for shares of Algonquin Power & Utilities in a research report issued on Thursday, January 30th. Raymond James analyst T. Genzebu now expects that the utilities provider will post earnings per share of $0.33 for the year, down from their previous estimate of $0.34. 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’ Q4 2025 earnings at $0.09 EPS.

AQN has been the topic of a number of other reports. Scotiabank dropped their price target on shares of Algonquin Power & Utilities from $5.75 to $5.25 and set a “sector perform” rating on the stock in a research report on Friday, November 8th. Wells Fargo & Company reduced their target price on Algonquin Power & Utilities from $6.00 to $5.50 and set an “equal weight” rating for the company in a report on Wednesday, October 16th. CIBC cut their price objective on Algonquin Power & Utilities from $5.75 to $5.50 and set a “neutral” rating on the stock in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $7.00 target price on shares of Algonquin Power & Utilities in a research report on Thursday, December 12th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $6.00 price target on shares of Algonquin Power & Utilities in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $6.13.

Algonquin Power & Utilities Price Performance

AQN opened at $4.45 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 $3.41 billion, a price-to-earnings ratio of -3.45 and a beta of 0.69. The firm’s fifty day moving average price is $4.52 and its two-hundred day moving average price is $5.06.

Algonquin Power & Utilities (NYSE:AQN) last announced its earnings results on Thursday, November 7th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). Algonquin Power & Utilities had a negative net margin of 39.12% and a positive return on equity of 5.22%. The company had revenue of $573.20 million for the quarter, compared to analysts’ expectations of $620.46 million. During the same period in the previous year, the firm earned $0.11 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bfsg LLC lifted its position in shares of Algonquin Power & Utilities by 122.3% during the fourth quarter. Bfsg LLC now owns 48,530 shares of the utilities provider’s stock worth $216,000 after acquiring an additional 26,700 shares in the last quarter. CIBC Asset Management Inc raised its stake in shares of Algonquin Power & Utilities by 0.4% during the 4th quarter. CIBC Asset Management Inc now owns 935,130 shares of the utilities provider’s stock valued at $4,141,000 after purchasing an additional 3,656 shares during the period. Van ECK Associates Corp lifted its holdings in Algonquin Power & Utilities by 4.1% during the 4th quarter. Van ECK Associates Corp now owns 221,307 shares of the utilities provider’s stock worth $982,000 after purchasing an additional 8,620 shares in the last quarter. Private Management Group Inc. boosted its stake in Algonquin Power & Utilities by 161.2% in the 4th quarter. Private Management Group Inc. now owns 5,924,983 shares of the utilities provider’s stock worth $26,366,000 after purchasing an additional 3,656,840 shares during the period. Finally, Spire Wealth Management grew its holdings in Algonquin Power & Utilities by 149.6% during the 4th quarter. Spire Wealth Management now owns 17,000 shares of the utilities provider’s stock valued at $76,000 after buying an additional 10,190 shares in the last quarter. 62.28% of the stock is owned by institutional investors.

Algonquin Power & Utilities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 5.85%. The ex-dividend date of this dividend was Tuesday, December 31st. Algonquin Power & Utilities’s dividend payout ratio (DPR) is currently -20.15%.

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.