Algonquin Power & Utilities (NYSE:AQN – Get Free Report) issued an update on its FY 2027 earnings guidance on Friday. The company provided earnings per share guidance of 0.380-0.420 for the period, compared to the consensus 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 Price Performance
NYSE AQN traded down $0.01 during trading hours on Friday, reaching $5.74. 5,389,831 shares of the stock traded hands, compared to its average volume of 4,573,865. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.05 and a quick ratio of 0.87. The stock has a 50 day simple moving average of $5.85 and a two-hundred day simple moving average of $6.18. Algonquin Power & Utilities has a 1 year low of $5.32 and a 1 year high of $7.11. The company has a market cap of $4.41 billion, a price-to-earnings ratio of 26.07 and a beta of 0.70.
Algonquin Power & Utilities (NYSE:AQN – Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The utilities provider reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). Algonquin Power & Utilities had a return on equity of 5.21% and a net margin of 6.62%.During the same quarter in the prior year, the business earned $0.04 earnings per share. 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, analysts predict that Algonquin Power & Utilities will post 0.36 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on AQN
Key Headlines Impacting Algonquin Power & Utilities
Here are the key news stories impacting Algonquin Power & Utilities this week:
- Positive Sentiment: Algonquin reported progress in regulatory proceedings in Missouri, California and Kansas, potentially improving visibility around future utility operations and rate recovery. Algonquin Power & Utilities Corp. Reports Second Quarter 2026 Financial Results
- Positive Sentiment: The board declared a quarterly common-share dividend of US$0.065 per share, payable October 15 to shareholders of record September 29. The continued payout may support the stock’s income-oriented appeal. Algonquin Declares Third Quarter 2026 Dividend
- Neutral Sentiment: Management set fiscal 2026 EPS guidance at $0.35-$0.37 and fiscal 2027 guidance at $0.38-$0.42. The ranges bracket consensus estimates of $0.36 and $0.40, respectively, suggesting expectations were broadly maintained rather than materially raised or lowered.
- Negative Sentiment: Second-quarter adjusted earnings were $0.04 per share, below the $0.05 analyst consensus and unchanged from the prior-year quarter. Reported net earnings were $4.9 million, or $0.01 per share, while adjusted net earnings totaled $29.2 million, or $0.04 per share. The earnings and revenue shortfall weighed on sentiment. Algonquin Power & Utilities Misses Q2 Earnings and Revenue Estimates
Institutional Investors Weigh In On Algonquin Power & Utilities
Several hedge funds have recently made changes to their positions in the company. Public Sector Pension Investment Board lifted its holdings in shares of Algonquin Power & Utilities by 2.5% in the 2nd quarter. Public Sector Pension Investment Board now owns 74,271 shares of the utilities provider’s stock valued at $424,000 after acquiring an additional 1,800 shares during the last quarter. LPL Financial LLC increased its stake in Algonquin Power & Utilities by 5.7% during the fourth quarter. LPL Financial LLC now owns 37,364 shares of the utilities provider’s stock worth $230,000 after acquiring an additional 2,026 shares during the last quarter. Vident Advisory LLC increased its stake in Algonquin Power & Utilities by 9.6% during the fourth quarter. Vident Advisory LLC now owns 31,199 shares of the utilities provider’s stock worth $192,000 after acquiring an additional 2,736 shares during the last quarter. Group One Trading LLC raised its position in Algonquin Power & Utilities by 63.3% during the fourth quarter. Group One Trading LLC now owns 7,479 shares of the utilities provider’s stock valued at $46,000 after purchasing an additional 2,900 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its position in Algonquin Power & Utilities by 5.7% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 86,259 shares of the utilities provider’s stock valued at $530,000 after purchasing an additional 4,616 shares during the period. 62.28% of the stock is currently owned by institutional investors.
Algonquin Power & Utilities Company Profile
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.
Read More
- Five stocks we like better than Algonquin Power & Utilities
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Algonquin Power & Utilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Algonquin Power & Utilities and related companies with MarketBeat.com's FREE daily email newsletter.
