Algonquin Power & Utilities (NYSE:AQN) Announces FY 2027 Earnings Guidance

Algonquin Power & Utilities (NYSE:AQN) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.380-0.420 for the period, compared to the consensus earnings per share estimate of 0.410. Algonquin Power & Utilities also updated its FY 2026 guidance to 0.350-0.370 EPS.

Algonquin Power & Utilities Stock Down 1.0%

AQN traded down $0.06 during trading on Friday, reaching $5.58. 2,417,029 shares of the stock were exchanged, compared to its average volume of 4,400,358. The stock has a market cap of $4.30 billion, a P/E ratio of 29.40 and a beta of 0.73. Algonquin Power & Utilities has a twelve month low of $4.91 and a twelve month high of $7.11. The stock’s 50 day moving average price is $5.32 and its two-hundred day moving average price is $5.94. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.69 and a current ratio of 0.88.

Algonquin Power & Utilities (NYSE:AQN) last announced its quarterly earnings results on Friday, November 6th. The utilities provider reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Algonquin Power & Utilities had a net margin of 5.77% and a return on equity of 5.16%. 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. Equities analysts expect that Algonquin Power & Utilities will post 0.35 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. National Bank Financial set a $7.00 price target on Algonquin Power & Utilities and gave the stock an “outperform” rating in a research report on Tuesday, September 1st. Huntington initiated coverage on Algonquin Power & Utilities in a research report on Monday, September 14th. They issued an “outperform” rating and a $7.00 price objective for the company. Weiss Ratings downgraded Algonquin Power & Utilities from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Barclays decreased their target price on Algonquin Power & Utilities from $7.00 to $6.00 and set an “overweight” rating on the stock in a report on Thursday, October 1st. Finally, Canadian Imperial Bank of Commerce dropped their price target on 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. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $6.59.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. is a Canadian utility company that owns and operates regulated electric, natural gas and water distribution businesses. Through its Liberty operating brands, the company provides essential utility services to residential, commercial and industrial customers in communities across the United States and Canada.

The company’s regulated utility operations include electricity distribution and generation, natural gas distribution, and water and wastewater services.