In recent trading session, Algonquin Power & Utilities Corp (NYSE:AQN) saw 2.08 million shares changing hands at last check today with its beta currently measuring 0.73. Company’s recent per share price level of $5.21 trading at -$0.08 or -1.51% at last check today assigns it a market valuation of $4.12B. That most recent trading price of AQN’s stock is at a discount of -30.33% from its 52-week high price of $6.79 and is indicating a premium of 19.58% from its 52-week low price of $4.19. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 12.66 million shares which gives us an average trading volume of 11.75 million if we extend that period to 3-months.
For Algonquin Power & Utilities Corp (AQN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.67. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.1 in the current quarter.
Algonquin Power & Utilities Corp (NYSE:AQN) trade information
Upright in the red during last session for losing -1.51%, in the last five days AQN remained trading in the red while hitting it’s week-highest on Tuesday, 04/22/25 when the stock touched $5.21 price level, adding 4.4% to its value on the day. Algonquin Power & Utilities Corp’s shares saw a change of 17.08% in year-to-date performance and have moved -3.70% in past 5-day. Algonquin Power & Utilities Corp (NYSE:AQN) showed a performance of 0.97% in past 30-days. Number of shares sold short was 25.03 million shares which calculate 2.02 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6.75 to the stock, which implies a rise of 22.81% to its recent value today. Analysts have been projecting 5.5 as a low price target for the stock while placing it at a high target of 10.5. It follows that stock’s current price would drop -5.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -5.57% for stock’s current value.
Algonquin Power & Utilities Corp (AQN) estimates and forecasts
This year revenue growth is estimated to rise 2.49% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 652.63M for the same. And 4 analysts are in estimates of company making revenue of 516.22M in the next quarter. Company posted 737.1M and 598.63M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -1.90% while estimates for its earnings growth in next 5 years are of 7.78%.
AQN Dividends
Algonquin Power & Utilities Corp is more likely to be releasing its next quarterly report on 2025-Mar-06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 5.83%, the share has a forward dividend of 0.30 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 6.09%.
Algonquin Power & Utilities Corp (NYSE:AQN)’s Major holders
Insiders are in possession of 0.03% of company’s total shares while institution are holding 65.82 percent of that, with stock having share float percentage of 65.84%. Investors also watch the number of corporate investors in a company very closely, which is 65.82% institutions for Algonquin Power & Utilities Corp that are currently holding shares of the company. STARBOARD VALUE LP is the top institutional holder at AQN for having 62.14 million shares of worth $364.15 million. And as of 2024-06-30, it was holding 8.8571 of the company’s outstanding shares.
The second largest institutional holder is ROYAL BANK OF CANADA, which was holding about 28.91 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.121 of outstanding shares, having a total worth of $169.43 million.
On the other hand, LAZARD FUNDS INC-Lazard Global Listed Infrastructure Portfolio and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 41.86 shares of worth $218.93 million or 5.45% of the total outstanding shares. The later fund manager was in possession of 10.77 shares on Jan 31, 2025 , making its stake of worth around $56.34 million in the company or a holder of 1.40% of company’s stock.