Algonquin Power & Utilities Corp (NYSE:AQN) has a beta value of 0.73 and has seen 6.31 million shares traded in the recent trading session. The company, currently valued at $4.27B, closed the recent trade at $5.39 per share which meant it lost -$0.1 on the day or -1.73% during that session. The AQN stock price is -18.18% off its 52-week high price of $6.37 and 22.26% above the 52-week low of $4.19. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.42 million shares traded. The 3-month trading volume is 12.75 million shares.
The consensus among analysts is that Algonquin Power & Utilities Corp (AQN) is Buy stock at the moment, with a recommendation rating of 2.83. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
Algonquin Power & Utilities Corp (NYSE:AQN) trade information
Over the past 30 days, the shares of Algonquin Power & Utilities Corp (NYSE:AQN) have changed 2.37%. Short interest in the company has seen 24.23 million shares shorted with days to cover at 1.97.
Wall Street analysts have a consensus price target for the stock at $6.75, which means that the shares’ value could jump 20.15% from the levels at last check today.. The projected low price target is $5.5 while the price target rests at a high of $10.5. In that case, then, we find that the latest price level in today’s session is -94.81% off the targeted high while a plunge would see the stock gain -2.04% from the levels at last check today..
Algonquin Power & Utilities Corp (AQN) estimates and forecasts
The company’s shares have gained 13.34% over the past 6 months.
Earnings growth for 2025 is a modest 1.66% while over the next 5 years, the company’s earnings are expected to increase by 8.51%.
AQN Dividends
Algonquin Power & Utilities Corp is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.30 at a share yield of 5.63%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 6.14%.
Algonquin Power & Utilities Corp (NYSE:AQN)’s Major holders
Insiders own 0.04% of the company shares, while shares held by institutions stand at 69.52% with a share float percentage of 69.54%. Investors are also buoyed by the number of investors in a company, with Algonquin Power & Utilities Corp having a total of 327.0 institutions that hold shares in the company. The top two institutional holders are STARBOARD VALUE LP with over 62.14 million shares worth more than $364.15 million. As of 2024-06-30, STARBOARD VALUE LP held 8.8571% of shares outstanding.
The other major institutional holder is ROYAL BANK OF CANADA, with the holding of over 28.91 million shares as of 2024-06-30. The firm’s total holdings are worth over $169.43 million and represent 4.121% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are LAZARD FUNDS INC-Lazard Global Listed Infrastructure Portfolio and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . As of Mar 31, 2025 , the former fund manager holds about 5.45% shares in the company for having 41.86 shares of worth $226.26 million while later fund manager owns 10.77 shares of worth $58.23 million as of Jan 31, 2025 , which makes it owner of about 1.40% of company’s outstanding stock.
