In today’s recent session, 0.5 million shares of the Algonquin Power & Utilities Corp (NYSE:AQN) have been traded, and its beta is 0.73. Most recently the company’s share price was $5.74, and it changed around -$0.01 or -0.17% from the last close, which brings the market valuation of the company to $4.54B. AQN at last check was trading at a discount to its 52-week high of $6.36, offering almost -10.8% off that amount. The share price’s 52-week low was $4.19, which indicates that the recent value has risen by an impressive 27.0% since then. We note from Algonquin Power & Utilities Corp’s average daily trading volume that its 10-day average is 8.95 million shares, with the 3-month average coming to 12.69 million.
Algonquin Power & Utilities Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 12 recommended AQN as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.
Algonquin Power & Utilities Corp (NYSE:AQN) trade information
Instantly AQN has been showing red trend so far today with a performance of -0.17% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.81 on recent trading dayincreased the stock’s daily price by 1.2%. The company’s shares are currently down -4.65% year-to-date, but still down -0.35% over the last five days. On the other hand, Algonquin Power & Utilities Corp (NYSE:AQN) is -1.88% down in the 30-day period. We can see from the shorts that 26.44 million shares have been sold at a short interest cover period of 1.67 day(s).
The consensus price target as assigned by Wall Street analysts is $6.75, which translates to bulls needing to increase their stock price by 14.96% from its current value. Analyst projections state that AQN is forecast to be at a low of $5.5 and a high of $10.5.
Algonquin Power & Utilities Corp earnings are expected to increase by 3.33% in 2025, but the outlook is positive 12.35% per year for the next five years.
AQN Dividends
Algonquin Power & Utilities Corp’s next quarterly earnings report is expected to be released on 2025-May-09. The annual dividend yield of the stock is 4.53 percent and its annual dividend per share was 0.26. It is important to note, however, that the 4.53% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 6.14 per year.
Algonquin Power & Utilities Corp (NYSE:AQN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.04% of Algonquin Power & Utilities Corp shares, and 69.81% of them are in the hands of institutional investors. The stock currently has a share float of 69.84%. Algonquin Power & Utilities Corp stock is held by 319.0 institutions, with STARBOARD VALUE LP being the largest institutional investor. By 2024-06-30, it held 8.8571% of the shares, which is about 62.14 million shares worth $364.15 million.
ROYAL BANK OF CANADA, with 4.121% or 28.91 million shares worth $169.43 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
LAZARD FUNDS INC-Lazard Global Listed Infrastructure Portfolio and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 41.86 shares worth $240.91 million, making up 5.45% of all outstanding shares. On the other hand, VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund held roughly 10.91 shares worth around $62.8 million, which represents about 1.42% of the total shares outstanding.
