Raymond James Comments on Algonquin Power & Utilities Corp.’s Q1 2025 Earnings (TSE:AQN)

Algonquin Power & Utilities Corp. (TSE:AQN) – Equities research analysts at Raymond James issued their Q1 2025 earnings per share estimates for shares of Algonquin Power & Utilities in a note issued to investors on Thursday, April 25th. Raymond James analyst D. Quezada expects that the company will earn $0.19 per share for the quarter. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.70 per share. Raymond James also issued estimates for Algonquin Power & Utilities’ Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.19 EPS, Q4 2025 earnings at $0.21 EPS and FY2025 earnings at $0.77 EPS.

Algonquin Power & Utilities (TSE:AQN) last issued its earnings results on Friday, March 8th. The company reported C$0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.03. The business had revenue of C$908.00 million during the quarter, compared to the consensus estimate of C$1 billion. Algonquin Power & Utilities had a negative return on equity of 0.47% and a net margin of 1.06%.

Separately, Desjardins raised Algonquin Power & Utilities from a “sell” rating to a “hold” rating in a research note on Monday, March 11th.

Algonquin Power & Utilities Stock Performance

Shares of AQN stock opened at C$8.37 on Friday. The company has a market cap of C$5.77 billion, a price-to-earnings ratio of 209.25, a price-to-earnings-growth ratio of 1.07 and a beta of 0.45. The stock has a 50 day simple moving average of C$8.21 and a 200-day simple moving average of C$8.11. Algonquin Power & Utilities has a 12-month low of C$6.75 and a 12-month high of C$12.31. The company has a current ratio of 0.63, a quick ratio of 0.37 and a debt-to-equity ratio of 123.16.

Algonquin Power & Utilities Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.294 dividend. This represents a $1.18 annualized dividend and a yield of 14.05%. The ex-dividend date of this dividend was Wednesday, March 27th. Algonquin Power & Utilities’s payout ratio is currently 1,475.00%.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.