Equities Analysts Issue Forecasts for AQN FY2026 Earnings

Algonquin Power & Utilities Corp. (NYSE:AQN) – Analysts at Huntington issued their FY2026 earnings per share (EPS) estimates for shares of Algonquin Power & Utilities in a research note issued to investors on Monday, November 9th. Huntington analyst M. Gaugler expects that the utilities provider will post earnings per share of $0.36 for the year. Huntington has an “Outperform” rating and a $7.00 price target on the stock. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.36 per share. Huntington also issued estimates for Algonquin Power & Utilities’ Q4 2026 earnings at $0.09 EPS, Q1 2027 earnings at $0.13 EPS, Q2 2027 earnings at $0.06 EPS, Q3 2027 earnings at $0.09 EPS, Q4 2027 earnings at $0.11 EPS, FY2027 earnings at $0.39 EPS, Q1 2028 earnings at $0.14 EPS, Q2 2028 earnings at $0.06 EPS, Q3 2028 earnings at $0.11 EPS and FY2028 earnings at $0.44 EPS.

Algonquin Power & Utilities (NYSE:AQN) last issued its quarterly earnings results on Friday, November 6th. The utilities provider reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $642.50 million for the quarter, compared to analysts’ expectations of $647.20 million. Algonquin Power & Utilities had a net margin of 6.44% and a return on equity of 5.58%. Algonquin Power & Utilities has set its FY 2027 guidance at 0.380-0.420 EPS and its FY 2026 guidance at 0.350-0.370 EPS.

Several other equities research analysts also recently weighed in on AQN. Canadian Imperial Bank of Commerce cut their target price on shares of Algonquin Power & Utilities from $6.00 to $5.75 and set a “neutral” rating on the stock in a research note on Wednesday, October 28th. Raymond James Financial reduced their target price on shares of Algonquin Power & Utilities from $7.25 to $7.00 and set an “outperform” rating on the stock in a report on Monday. National Bank Financial decreased their price target on shares of Algonquin Power & Utilities from $7.00 to $6.50 and set an “outperform” rating for the company in a research report on Monday. Barclays dropped their price target on shares of Algonquin Power & Utilities from $7.00 to $6.00 and set an “overweight” rating for the company in a research note on Thursday, October 1st. Finally, BMO Capital Markets dropped their price target on shares of Algonquin Power & Utilities from $6.50 to $6.00 and set a “market perform” rating for the company in a research note on Monday. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $6.43.

Algonquin Power & Utilities Trading Down 0.6%

NYSE AQN opened at $5.62 on Wednesday. The firm has a 50 day simple moving average of $5.32 and a 200-day simple moving average of $5.93. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.69 and a current ratio of 0.95. Algonquin Power & Utilities has a one year low of $4.91 and a one year high of $7.11. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 26.79 and a beta of 0.73.

Algonquin Power & Utilities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Thursday, December 31st will be given a $0.0650 dividend. The ex-dividend date of this dividend is Thursday, December 31st. This represents a $0.26 dividend on an annualized basis and a yield of 4.6%. Algonquin Power & Utilities’s dividend payout ratio (DPR) is currently 123.81%.

Hedge Funds Weigh In On Algonquin Power & Utilities

Several hedge funds and other institutional investors have recently made changes to their positions in AQN. Assetmark Inc. increased its stake in shares of Algonquin Power & Utilities by 9.4% during the first quarter. Assetmark Inc. now owns 22,141 shares of the utilities provider’s stock worth $136,000 after buying an additional 1,895 shares during the period. Bank of New York Mellon Corp lifted its stake in Algonquin Power & Utilities by 13.1% in the first quarter. Bank of New York Mellon Corp now owns 17,334 shares of the utilities provider’s stock worth $106,000 after acquiring an additional 2,010 shares during the last quarter. Pictet Asset Management Holding SA lifted its stake in Algonquin Power & Utilities by 1.5% in the third quarter. Pictet Asset Management Holding SA now owns 145,655 shares of the utilities provider’s stock worth $734,000 after acquiring an additional 2,173 shares during the last quarter. Focused Alpha LLC lifted its stake in Algonquin Power & Utilities by 4.7% in the third quarter. Focused Alpha LLC now owns 50,535 shares of the utilities provider’s stock worth $254,000 after acquiring an additional 2,272 shares during the last quarter. Finally, Infrastructure Capital Advisors LLC grew its holdings in Algonquin Power & Utilities by 9.9% during the 1st quarter. Infrastructure Capital Advisors LLC now owns 29,288 shares of the utilities provider’s stock worth $180,000 after acquiring an additional 2,646 shares in the last quarter. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Key Algonquin Power & Utilities News

Here are the key news stories impacting Algonquin Power & Utilities this week:

• Positive Sentiment: Huntington reiterated an Outperform rating with a $7.00 price target. Its estimates point to EPS of $0.39 in 2027 and $0.44 in 2028, suggesting expected earnings growth beyond its $0.36 2026 forecast. Algonquin Power & Utilities analyst estimates
• Neutral Sentiment: A utilities-stock roundup also included AQN among stocks analysts view favorably, though the article details provided no specific new rating or price target. Analysts Are Bullish on Top Utilities Stocks
• Negative Sentiment: BMO Capital Markets cut its target to $6.00 from $6.50 and maintained a Market Perform rating, while National Bank Financial lowered its target to $6.50 from $7.00 but kept its Outperform rating. The target reductions could weigh on sentiment despite both targets remaining above the recent share price. BMO Capital Markets Lowers Expectations National Bank Financial Issues Forecast

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. is a Canadian utility company whose regulated businesses provide electricity, natural gas, water and wastewater services to customers in the United States and Canada. Many of its utility operations serve customers under the Liberty brand. The company has historically combined utility services with renewable power generation. Following the sale of its renewable energy business, Algonquin shifted its focus toward its regulated utility operations and the infrastructure needed to deliver essential services.