Algonquin Power & Utilities (NYSE:AQN) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Algonquin Power & Utilities (NYSE:AQN) from a hold rating to a buy rating in a report issued on Saturday.

A number of other brokerages also recently issued reports on AQN. Desjardins lifted their price target on shares of Algonquin Power & Utilities from $7.00 to $7.25 and gave the company a “buy” rating in a report on Thursday, February 5th. Janney Montgomery Scott set a $7.00 price objective on Algonquin Power & Utilities in a research report on Monday, November 10th. Zacks Research raised Algonquin Power & Utilities from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. National Bank Financial set a $7.50 target price on Algonquin Power & Utilities in a research report on Wednesday, January 7th. Finally, Weiss Ratings raised Algonquin Power & Utilities from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $6.67.

Algonquin Power & Utilities Trading Down 10.8%

Shares of AQN opened at $6.14 on Friday. The firm has a market cap of $4.72 billion, a P/E ratio of 26.70 and a beta of 0.75. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.98. Algonquin Power & Utilities has a 1 year low of $4.29 and a 1 year high of $7.11. The company has a 50 day simple moving average of $6.54 and a two-hundred day simple moving average of $6.08.

Algonquin Power & Utilities (NYSE:AQN) last released its earnings results on Friday, March 6th. The utilities provider reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. Algonquin Power & Utilities had a negative net margin of 1.11% and a positive return on equity of 5.14%. The firm had revenue of $630.70 million for the quarter, compared to the consensus estimate of $625.77 million. During the same quarter in the previous year, the firm earned $0.06 earnings per share. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. 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. On average, equities analysts expect that Algonquin Power & Utilities will post 0.38 earnings per share for the current fiscal year.

Algonquin Power & Utilities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.065 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 4.2%. Algonquin Power & Utilities’s payout ratio is -650.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Quarry LP purchased a new stake in Algonquin Power & Utilities during the third quarter valued at approximately $29,000. Group One Trading LLC raised its holdings in Algonquin Power & Utilities by 63.3% during the 4th quarter. Group One Trading LLC now owns 7,479 shares of the utilities provider’s stock valued at $46,000 after buying an additional 2,900 shares during the period. NewEdge Advisors LLC purchased a new stake in Algonquin Power & Utilities during the 4th quarter valued at $47,000. Fiera Capital Corp bought a new stake in Algonquin Power & Utilities in the third quarter worth $55,000. Finally, Vise Technologies Inc. purchased a new position in Algonquin Power & Utilities during the third quarter worth $56,000. Institutional investors own 62.28% of the company’s stock.

Key Stories Impacting Algonquin Power & Utilities

Here are the key news stories impacting Algonquin Power & Utilities this week:

• Positive Sentiment: Q4 beat — Algonquin reported $0.06 EPS (beat consensus) and revenue of $630.7M, with revenue up ~7.8% year‑over‑year; adjusted metrics showed growth and operating efficiencies. This supports near‑term earnings credibility. Q4 Results Press Release/Report
• Positive Sentiment: FY‑2026 guidance topped consensus slightly — management set FY‑2026 EPS at $0.350–$0.370 versus consensus ~$0.34, which frames modest upside for the current year. Guidance Details
• Positive Sentiment: Dividends declared — board approved a common dividend of US$0.0650 (payable April 15) plus preferred share dividends (two preferred issues announced in CAD). This supports income investors and signals cash‑return focus. Dividend Announcement
• Neutral Sentiment: Earnings materials and presentation are available — the company posted the slide deck and earnings presentation (useful for detail on segment performance and assumptions). Earnings Presentation
• Neutral Sentiment: Analyst notes and preview coverage arrived ahead of the print — expectations were modest and some shops adjusted forecasts into the quarter. Useful for tracking changes in sell‑side sentiment. Analyst Recap
• Negative Sentiment: FY‑2027 guidance missed consensus — company set FY‑2027 EPS at $0.380–$0.420 versus street ~$0.44, which likely triggered investor disappointment about longer‑term earnings momentum. FY‑2027 Guidance
• Negative Sentiment: Profitability and leverage signals — the quarter shows a negative net margin and the company carries meaningful leverage (debt/equity), which increases sensitivity to rate and regulatory risks. These fundamentals can weigh on valuation until longer‑term guidance restores confidence. Full Results/Notes
• Negative Sentiment: Market reaction — the stock is trading down on heavy volume after the print, indicating the guidance miss and forward outlook dominated the modest beat. Monitor intraday volume and analyst updates for further downside or stabilization. Market Reaction

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.