Raymond James Has Positive Estimate for TSE:AQN Q1 Earnings

Algonquin Power & Utilities Corp. (TSE:AQN) – Analysts at Raymond James lifted their Q1 2025 earnings estimates for shares of Algonquin Power & Utilities in a report released on Thursday, April 17th. Raymond James analyst T. Genzebu now forecasts that the company will post earnings per share of $0.14 for the quarter, up from their prior forecast of $0.13. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share. Raymond James also issued estimates for Algonquin Power & Utilities’ Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.10 EPS, FY2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.13 EPS and FY2026 earnings at $0.49 EPS.

Algonquin Power & Utilities Stock Up 2.3 %

Shares of TSE:AQN opened at C$7.47 on Friday. Algonquin Power & Utilities has a 1 year low of C$6.03 and a 1 year high of C$9.28. The stock has a 50-day simple moving average of C$7.07 and a 200-day simple moving average of C$6.80. The stock has a market capitalization of C$4.05 billion, a P/E ratio of -3.75, a PEG ratio of 1.07 and a beta of 0.52. The company has a debt-to-equity ratio of 154.35, a quick ratio of 0.37 and a current ratio of 0.92.

Algonquin Power & Utilities (TSE:AQN) last issued its earnings results on Friday, March 7th. The company reported C$0.06 earnings per share for the quarter, missing the consensus estimate of C$0.09 by C($0.03). Algonquin Power & Utilities had a negative return on equity of 19.30% and a negative net margin of 39.22%. During the same period in the previous year, the business earned $0.16 earnings per share.

Insider Activity at Algonquin Power & Utilities

In other news, Director Randy David Laney purchased 9,795 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average cost of C$7.02 per share, with a total value of C$68,803.21. Company insiders own 0.06% of the company’s stock.

About Algonquin Power & Utilities

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.