Scotiabank Has Negative Outlook of TSE:AQN FY2026 Earnings

Algonquin Power & Utilities Corp. (TSE:AQN) – Stock analysts at Scotiabank decreased their FY2026 earnings per share estimates for shares of Algonquin Power & Utilities in a note issued to investors on Thursday, May 14th. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $0.49 for the year, down from their prior estimate of $0.50. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share.

Algonquin Power & Utilities (TSE:AQN) last announced its quarterly earnings data on Friday, May 8th. The company reported C$0.18 earnings per share for the quarter. The company had revenue of C$1.10 billion for the quarter. Algonquin Power & Utilities had a return on equity of 3.63% and a net margin of 6.71%.

AQN has been the topic of several other reports. Barclays set a C$10.00 price target on Algonquin Power & Utilities and gave the stock an “overweight” rating in a research report on Wednesday, April 1st. TD Securities reduced their price target on Algonquin Power & Utilities from C$6.50 to C$6.00 and set a “hold” rating on the stock in a research report on Monday, March 9th. Wells Fargo & Company upgraded Algonquin Power & Utilities to a “hold” rating in a research report on Monday. Finally, Raymond James Financial upgraded Algonquin Power & Utilities from a “hold” rating to a “moderate buy” rating in a research report on Monday, March 9th. Three analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Algonquin Power & Utilities presently has a consensus rating of “Buy” and a consensus price target of C$7.58.

Algonquin Power & Utilities Stock Performance

Shares of TSE AQN opened at C$8.07 on Friday. The stock’s 50-day moving average is C$8.62 and its 200 day moving average is C$8.64. The company has a current ratio of 1.05, a quick ratio of 0.37 and a debt-to-equity ratio of 143.58. Algonquin Power & Utilities has a 1-year low of C$7.26 and a 1-year high of C$9.69. The stock has a market cap of C$6.21 billion, a price-to-earnings ratio of 38.43, a P/E/G ratio of 1.07 and a beta of 1.32.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada.