Algonquin Power & Utilities
About: Algonquin Power & Utilities Corp is a Canada-based diversified international generation, transmission, and distribution company. The company's operations are organized across two business units consisting of the Regulated Services Group, which owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations in the United States, Canada, Bermuda, and Chile; and the Hydro Group, which consists of hydroelectric-generating facilities located in Canada. It generates the majority of its revenue from the Regulated Services Group segment.
Employees: 3,786
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
437% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $4.08M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
2.76% more ownership
Funds ownership: 52.82% [Q3] → 55.58% (+2.76%) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 81
6% less funds holding
Funds holding: 234 [Q3] → 221 (-13) [Q4]
14% less capital invested
Capital invested by funds: $2.21B [Q3] → $1.9B (-$318M) [Q4]
18% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 45
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5.50
2%
upside
Avg. target
$5.50
2%
upside
High target
$5.50
2%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
RBC Capital Nelson Ng 33% 1-year accuracy 1 / 3 met price target | 2%upside $5.50 | Sector Perform Maintained | 18 Feb 2025 |
Scotiabank Robert Hope 50% 1-year accuracy 3 / 6 met price target | 2%upside $5.50 | Sector Perform Maintained | 13 Feb 2025 |
Financial journalist opinion
Based on 4 articles about AQN published over the past 30 days
Negative
Seeking Alpha
3 days ago
What I Wish I Knew Before Investing In High-Yield Stocks
Why some 'safe' 10%+ yields can quietly destroy your portfolio. The hidden dangers lurking inside high-dividend covered call ETFs. How to build an unstoppable dividend machine, while avoiding costly traps.
Positive
Seeking Alpha
1 week ago
Algonquin Power: Stock Gets Closer To Fair Value
We had previously rated Algonquin a Buy due to extreme undervaluation. The stock has outperformed the S&P 500 by 31% since then. We update our thesis by incorporating Q4-2024 results and lowered estimates.
Neutral
Business Wire
3 weeks ago
Algonquin Power & Utilities Corp. Announces Date for First Quarter 2025 Financial Results and Conference Call
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”) today announced plans to release its first quarter 2025 financial results on Friday, May 9, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, May 9, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Conference call details are as follows: Date: Friday,.
Neutral
Seeking Alpha
3 weeks ago
Billionaire Investor: 'Do Not Catch Falling Knives,' Buy Dividends Instead - Our Picks
A leading billionaire investor is warning that the market is a falling knife. He instead thinks investors should load up on high-quality dividend stocks instead. 10%+ return potential, deep discounts, and tariff protection—these are the real dip buys right now.
Negative
Seeking Alpha
1 month ago
This Forgotten Utility Is Transforming Before Your Eyes: Algonquin Power
Algonquin Power & Utilities Corp. has torn the company in half, removing the underperforming and over-leveraged non-regulated side of the business. This half generated all the prior excitement but led to the recent calamity. The new CEO needs time to set a clear vision for the company.
Neutral
Business Wire
1 month ago
Algonquin Power & Utilities Corp. Announces Extension of Cooperation Agreement with Starboard and Additions to the Board of Directors
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today that its Board of Directors (the "Board") has appointed CEO Rod West to the Board. The Board also intends to appoint Gavin Molinelli, Senior Partner and Portfolio Manager at Starboard Value LP (together with certain of its affiliates, “Starboard”) to the Board, subject to approval by the Federal Energy Regulatory Commission. Mr. Molinelli's appointment.
Neutral
Seeking Alpha
1 month ago
Algonquin Power & Utilities Corp. (AQN) Q4 2024 Earnings Call Transcript
Algonquin Power & Utilities Corp. (NYSE:AQN ) Q4 2024 Earnings Conference Call March 7, 2025 8:30 AM ET Company Participants Brian Chin - VP of IR Chris Huskilson - CEO Rod West - Incoming CEO Darren Myers - CFO Sarah MacDonald - CTO Conference Call Participants Sean Steuart - TD Cowen Nelson Ng - RBC Rob Hope - Scotiabank Rupert Merer - National Bank Ben Pham - BMO Mark Jarvi - CIBC Capital Markets Operator Hello, and welcome to the Algonquin Power & Utilities Corp Fourth Quarter and Year End 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Negative
Zacks Investment Research
1 month ago
Algonquin Power & Utilities (AQN) Misses Q4 Earnings and Revenue Estimates
Algonquin Power & Utilities (AQN) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.16 per share a year ago.
Neutral
Business Wire
1 month ago
Algonquin Power & Utilities Corp. Declares First Quarter 2025 Common Share Dividend of U.S.$0.0650 (C$0.0934), and Declares First Quarter 2025 Preferred Share Dividends
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (“AQN”) (TSX: AQN, AQN.PR.A, AQN.PR.D, NYSE: AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: US$0.0650 per common share, payable on April 15, 2025, to the shareholders of record on March 31, 2025, for the period from January 1, 2025 to March 31, 2025. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of.
Neutral
Business Wire
1 month ago
Algonquin Power & Utilities Corp. Announces 2024 Fourth Quarter and Full Year Financial Results
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today financial results for the fourth quarter and full year ended December 31, 2024. All amounts are shown in United States dollars (“U.S. $” or “$”), unless otherwise noted. “The Company continued to make strides in its transition to a pure-play utility. Over the last 90 days, we successfully completed our Renewables and Atlantica sales, and we enter 2025 w.
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