Desjardins Issues Pessimistic Estimate for AQN Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Analysts at Desjardins cut their Q3 2025 EPS estimates for shares of Algonquin Power & Utilities in a research report issued on Sunday, May 11th. Desjardins analyst B. Stadler now forecasts that the utilities provider will post earnings per share of $0.05 for the quarter, down from their previous forecast of $0.06. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.38 per share. Desjardins also issued estimates for Algonquin Power & Utilities’ Q4 2025 earnings at $0.06 EPS and FY2027 earnings at $0.36 EPS.

Algonquin Power & Utilities (NYSE:AQN) last issued its earnings results on Friday, May 9th. The utilities provider reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Algonquin Power & Utilities had a positive return on equity of 5.22% and a negative net margin of 39.12%. The business had revenue of $692.40 million during the quarter, compared to analyst estimates of $699.08 million. During the same period in the previous year, the company posted $0.14 EPS.

A number of other research analysts also recently commented on the stock. National Bankshares cut their target price on shares of Algonquin Power & Utilities from $6.75 to $6.25 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Royal Bank of Canada increased their target price on Algonquin Power & Utilities from $5.50 to $6.00 and gave the company a “sector perform” rating in a research report on Monday. StockNews.com raised Algonquin Power & Utilities from a “sell” rating to a “hold” rating in a research report on Tuesday. Scotiabank lifted their target price on Algonquin Power & Utilities from $5.50 to $6.00 and gave the company a “sector perform” rating in a research note on Monday. Finally, BMO Capital Markets reissued a “market perform” rating and set a $6.00 price target (up from $5.00) on shares of Algonquin Power & Utilities in a research report on Monday. Ten research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Algonquin Power & Utilities has an average rating of “Hold” and a consensus target price of $6.03.

Algonquin Power & Utilities Stock Performance

Shares of Algonquin Power & Utilities stock opened at $5.46 on Tuesday. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.17. The stock’s fifty day moving average price is $5.19 and its 200-day moving average price is $4.83. The firm has a market cap of $4.19 billion, a P/E ratio of -4.23 and a beta of 0.67. Algonquin Power & Utilities has a 12 month low of $4.19 and a 12 month high of $6.75.

Institutional Investors Weigh In On Algonquin Power & Utilities

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp lifted its stake in Algonquin Power & Utilities by 16.3% during the first quarter. Bank of New York Mellon Corp now owns 14,809 shares of the utilities provider’s stock worth $76,000 after purchasing an additional 2,073 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Algonquin Power & Utilities by 85.7% in the 1st quarter. US Bancorp DE now owns 4,887 shares of the utilities provider’s stock valued at $25,000 after buying an additional 2,256 shares in the last quarter. Northwest & Ethical Investments L.P. boosted its stake in Algonquin Power & Utilities by 6.6% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 50,251 shares of the utilities provider’s stock valued at $223,000 after acquiring an additional 3,096 shares in the last quarter. CIBC Asset Management Inc grew its holdings in shares of Algonquin Power & Utilities by 0.4% during the fourth quarter. CIBC Asset Management Inc now owns 935,130 shares of the utilities provider’s stock worth $4,141,000 after purchasing an additional 3,656 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its position in shares of Algonquin Power & Utilities by 40.5% during the fourth quarter. Quadrant Capital Group LLC now owns 17,555 shares of the utilities provider’s stock worth $78,000 after purchasing an additional 5,060 shares in the last quarter. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Algonquin Power & Utilities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend is Monday, June 30th. Algonquin Power & Utilities’s payout ratio is currently -15.48%.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.