Desjardins Has Optimistic Outlook of TSE:AQN FY2026 Earnings

Algonquin Power & Utilities Corp. (TSE:AQN) – Equities research analysts at Desjardins lifted their FY2026 earnings per share estimates for Algonquin Power & Utilities in a research note issued to investors on Tuesday, September 30th. Desjardins analyst B. Stadler now forecasts that the company will post earnings of $0.50 per share for the year, up from their previous estimate of $0.48. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share. Desjardins also issued estimates for Algonquin Power & Utilities’ FY2027 earnings at $0.61 EPS.

Separately, TD Securities decreased their price objective on shares of Algonquin Power & Utilities from C$6.50 to C$6.00 and set a “hold” rating for the company in a report on Monday, August 11th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Algonquin Power & Utilities presently has a consensus rating of “Hold” and a consensus target price of C$6.38.

Algonquin Power & Utilities Stock Performance

Shares of AQN stock opened at C$8.00 on Thursday. The firm has a market capitalization of C$6.14 billion, a price-to-earnings ratio of -4.21, a PEG ratio of 1.07 and a beta of 1.00. The stock has a fifty day moving average of C$7.88 and a 200 day moving average of C$7.71. Algonquin Power & Utilities has a 52 week low of C$6.03 and a 52 week high of C$8.56. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 154.35.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada.