Algonquin Power & Utilities (NYSE:AQN) Releases FY 2026 Earnings Guidance

Algonquin Power & Utilities (NYSE:AQN) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.350-0.370 for the period, compared to the consensus estimate of 0.360. The company issued revenue guidance of -. Algonquin Power & Utilities also updated its FY 2027 guidance to 0.380-0.420 EPS.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on AQN shares. National Bank Financial reduced their price objective on Algonquin Power & Utilities from $7.25 to $7.00 and set an “outperform” rating on the stock in a research note on Friday, July 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Algonquin Power & Utilities in a research note on Friday, July 17th. Wells Fargo & Company began coverage on Algonquin Power & Utilities in a report on Tuesday, May 12th. They set an “equal weight” rating and a $7.00 price target on the stock. Finally, Canadian Imperial Bank of Commerce lifted their price objective on Algonquin Power & Utilities from $6.25 to $6.50 and gave the company a “neutral” rating in a research note on Monday, April 20th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Algonquin Power & Utilities currently has an average rating of “Moderate Buy” and a consensus target price of $6.81.

Algonquin Power & Utilities Stock Performance

NYSE AQN opened at $5.74 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.05 and a quick ratio of 0.87. Algonquin Power & Utilities has a 1 year low of $5.32 and a 1 year high of $7.11. The company has a market capitalization of $4.41 billion, a PE ratio of 26.07 and a beta of 0.70. The company has a fifty day moving average of $5.85 and a two-hundred day moving average of $6.18.

Algonquin Power & Utilities (NYSE:AQN) last posted its earnings results on Friday, August 7th. The utilities provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). Algonquin Power & Utilities had a return on equity of 5.21% and a net margin of 6.62%.The firm had revenue of $582.99 million for the quarter, compared to analyst estimates of $582.99 million. During the same quarter last year, the firm posted $0.04 EPS. 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. As a group, analysts expect that Algonquin Power & Utilities will post 0.36 earnings per share for the current year.

Algonquin Power & Utilities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th will be paid a $0.065 dividend. The ex-dividend date is Tuesday, September 29th. This represents a $0.26 dividend on an annualized basis and a yield of 4.5%. Algonquin Power & Utilities’s payout ratio is currently 118.18%.

Algonquin Power & Utilities News Summary

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

• Positive Sentiment: Algonquin reported progress in regulatory proceedings in Missouri, California and Kansas, potentially improving visibility around future utility operations and rate recovery. Algonquin Power & Utilities Corp. Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The board declared a quarterly common-share dividend of US$0.065 per share, payable October 15 to shareholders of record September 29. The continued payout may support the stock’s income-oriented appeal. Algonquin Declares Third Quarter 2026 Dividend
• Neutral Sentiment: Management set fiscal 2026 EPS guidance at $0.35-$0.37 and fiscal 2027 guidance at $0.38-$0.42. The ranges bracket consensus estimates of $0.36 and $0.40, respectively, suggesting expectations were broadly maintained rather than materially raised or lowered.
• Negative Sentiment: Second-quarter adjusted earnings were $0.04 per share, below the $0.05 analyst consensus and unchanged from the prior-year quarter. Reported net earnings were $4.9 million, or $0.01 per share, while adjusted net earnings totaled $29.2 million, or $0.04 per share. The earnings and revenue shortfall weighed on sentiment. Algonquin Power & Utilities Misses Q2 Earnings and Revenue Estimates

Hedge Funds Weigh In On Algonquin Power & Utilities

A number of institutional investors have recently modified their holdings of AQN. EdgePoint Investment Group Inc. boosted its stake in Algonquin Power & Utilities by 32.6% during the 4th quarter. EdgePoint Investment Group Inc. now owns 81,727,385 shares of the utilities provider’s stock worth $502,563,000 after purchasing an additional 20,074,709 shares during the period. Bank of Montreal Can grew its position in Algonquin Power & Utilities by 23.1% during the 4th quarter. Bank of Montreal Can now owns 20,717,144 shares of the utilities provider’s stock worth $127,395,000 after purchasing an additional 3,886,254 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Algonquin Power & Utilities by 65.0% in the first quarter. Goldman Sachs Group Inc. now owns 12,205,756 shares of the utilities provider’s stock valued at $62,738,000 after purchasing an additional 4,808,539 shares during the period. Bank of Nova Scotia increased its stake in Algonquin Power & Utilities by 1.0% in the fourth quarter. Bank of Nova Scotia now owns 10,276,178 shares of the utilities provider’s stock valued at $63,187,000 after purchasing an additional 106,232 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Algonquin Power & Utilities by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,572,396 shares of the utilities provider’s stock valued at $46,572,000 after buying an additional 266,020 shares during the last quarter. 62.28% of the stock is owned by institutional investors and hedge funds.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp (NYSE: AQN) is a diversified generation, transmission and distribution utility company headquartered in Oakville, Ontario. Established in 1988, the firm operates through two primary business segments: Regulated Utilities and Renewable Energy. Its Regulated Utilities segment comprises electric, natural gas and water distribution networks serving residential, commercial and industrial customers across North America, while its Renewable Energy portfolio includes hydroelectric, solar, wind and thermal generation facilities.

The company’s renewable energy assets span multiple jurisdictions in Canada and the United States, reflecting its strategy to expand clean power capacity in regions with supportive regulatory frameworks.