Utilities -
Renewable Utilities - NYSE - CA
$ 5.395
-1.66 %
$ 4.14 B
Market Cap
76.0
P/E
1. INTRINSIC VALUE
Balance Sheet
Algonquin Power & Utilities Corp.
| Current Assets | 1.14 B |
| Cash & Short-Term Investments | 34.8 M |
| Receivables | 423 M |
| Other Current Assets | 678 M |
| Non-Current Assets | 15.8 B |
| Long-Term Investments | 67.8 M |
| PP&E | 9.45 B |
| Other Non-Current Assets | 6.31 B |
| Current Liabilities | 1.5 B |
| Accounts Payable | 164 M |
| Short-Term Debt | 492 M |
| Other Current Liabilities | 842 M |
| Non-Current Liabilities | 9.28 B |
| Long-Term Debt | 6.21 B |
| Other Non-Current Liabilities | 3.08 B |
EFFICIENCY
Earnings Waterfall
Algonquin Power & Utilities Corp.
| Revenue | 2.32 B |
| Cost Of Revenue | 594 M |
| Gross Profit | 1.73 B |
| Operating Expenses | 1.28 B |
| Operating Income | 446 M |
| Other Expenses | 1.96 B |
| Net Income | -1.52 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Algonquin Power & Utilities Corp.
| Net Income | -1.52 B |
| Depreciation & Amortization | 477 M |
| Capital Expenditures | -872 M |
| Stock-Based Compensation | 18.4 M |
| Change in Working Capital | -139 M |
| Others | 1.44 B |
| Free Cash Flow | -391 M |
Wall Street Analysts Price Targets
Algonquin Power & Utilities Corp.
Wall Street analysts predict an average 1-year price target for AQN of $6.33 , with forecasts ranging from
a
low of
$5.5 to a high of $8.5 .
AQN Lowest Price Target
Wall Street Target
5.5 USD
1.95%
AQN Average Price Target
Wall Street Target
6.33 USD
17.39%
AQN Highest Price Target
Wall Street Target
8.5 USD
57.55%
4. DIVIDEND
ANALYSIS
1.67%
DIVIDEND YIELD
0.0649 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Algonquin Power & Utilities Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Algonquin Power: Stock Gets Closer To Fair Value
We had previously rated Algonquin a Buy due to extreme undervaluation. The stock has outperformed the S&P 500 by 31% since then. We update our thesis by incorporating Q4-2024 results and lowered estimates.
seekingalpha.com
- 1 week ago
Algonquin Power & Utilities Corp. Announces Date for First Quarter 2025 Financial Results and Conference Call
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”) today announced plans to release its first quarter 2025 financial results on Friday, May 9, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, May 9, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Conference call details are as follows: Date: Friday,.
businesswire.com
- 3 weeks ago
Billionaire Investor: 'Do Not Catch Falling Knives,' Buy Dividends Instead - Our Picks
A leading billionaire investor is warning that the market is a falling knife. He instead thinks investors should load up on high-quality dividend stocks instead. 10%+ return potential, deep discounts, and tariff protection—these are the real dip buys right now.
seekingalpha.com
- 3 weeks ago
This Forgotten Utility Is Transforming Before Your Eyes: Algonquin Power
Algonquin Power & Utilities Corp. has torn the company in half, removing the underperforming and over-leveraged non-regulated side of the business. This half generated all the prior excitement but led to the recent calamity. The new CEO needs time to set a clear vision for the company.
seekingalpha.com
- 1 month ago
Algonquin Power & Utilities Corp. Announces Extension of Cooperation Agreement with Starboard and Additions to the Board of Directors
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today that its Board of Directors (the "Board") has appointed CEO Rod West to the Board. The Board also intends to appoint Gavin Molinelli, Senior Partner and Portfolio Manager at Starboard Value LP (together with certain of its affiliates, “Starboard”) to the Board, subject to approval by the Federal Energy Regulatory Commission. Mr. Molinelli's appointment.
businesswire.com
- 1 month ago
Algonquin Power & Utilities Corp. (AQN) Q4 2024 Earnings Call Transcript
Algonquin Power & Utilities Corp. (NYSE:AQN ) Q4 2024 Earnings Conference Call March 7, 2025 8:30 AM ET Company Participants Brian Chin - VP of IR Chris Huskilson - CEO Rod West - Incoming CEO Darren Myers - CFO Sarah MacDonald - CTO Conference Call Participants Sean Steuart - TD Cowen Nelson Ng - RBC Rob Hope - Scotiabank Rupert Merer - National Bank Ben Pham - BMO Mark Jarvi - CIBC Capital Markets Operator Hello, and welcome to the Algonquin Power & Utilities Corp Fourth Quarter and Year End 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
seekingalpha.com
- 1 month ago
Algonquin Power & Utilities (AQN) Misses Q4 Earnings and Revenue Estimates
Algonquin Power & Utilities (AQN) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.16 per share a year ago.
zacks.com
- 1 month ago
Algonquin Power & Utilities Corp. Announces 2024 Fourth Quarter and Full Year Financial Results
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today financial results for the fourth quarter and full year ended December 31, 2024. All amounts are shown in United States dollars (“U.S. $” or “$”), unless otherwise noted. “The Company continued to make strides in its transition to a pure-play utility. Over the last 90 days, we successfully completed our Renewables and Atlantica sales, and we enter 2025 w.
businesswire.com
- 1 month ago
Algonquin Power & Utilities Corp. Declares First Quarter 2025 Common Share Dividend of U.S.$0.0650 (C$0.0934), and Declares First Quarter 2025 Preferred Share Dividends
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (“AQN”) (TSX: AQN, AQN.PR.A, AQN.PR.D, NYSE: AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: US$0.0650 per common share, payable on April 15, 2025, to the shareholders of record on March 31, 2025, for the period from January 1, 2025 to March 31, 2025. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of.
businesswire.com
- 1 month ago
Algonquin Power & Utilities Corp. Announces Interim CFO Appointment
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) Chief Executive Officer Chris Huskilson announced today that Vice President of Investor Relations Brian Chin will assume the role of Interim Chief Financial Officer, effective March 7, 2025. The announcement follows an earlier announcement of the pending departure of current Chief Financial Officer, Darren Myers, who is leaving to pursue another opportunity. Algonquin.
businesswire.com
- 2 months ago
6-12% Blue-Chip Yields: The Simple Path To Retiring With Dividends
Retiring with dividends does not have to be difficult. I share two simple paths to retiring with dividends. I also share a sample portfolio of some of my top high-yielding blue-chip stocks that you can use to do this.
seekingalpha.com
- 2 months ago
Algonquin Power & Utilities Corp. Announces Leadership Transition
OAKVILLE, Ontario--(BUSINESS WIRE)---- $AQN--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”, “Algonquin” or the “Company”) announced today that Rod West will join AQN as Chief Executive Officer, effective March 7, 2025. Chris Huskilson will step down as CEO and will continue in his role as a member of the Board. Mr. West most recently served as Group President, Utility Operations for Entergy, where he was responsible for the operational and financial performance of Entergy's five operating.
businesswire.com
- 3 months ago
8. Profile
Summary
Algonquin Power & Utilities Corp. AQN
COUNTRY
CA
INDUSTRY
Renewable Utilities
MARKET CAP
$ 4.14 B
Dividend Yield
1.67%
Description
Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment operates a portfolio of rate-regulated utilities located in the United States, Canada, Chile, and Bermuda. Its utilities provide distribution services to approximately 1,093,000 customer connections in the electric, natural gas, and water and wastewater sectors The Renewable Energy Group segment generates and sells electrical energy, capacity, ancillary products, and renewable attributes produced by its portfolio of renewable and clean power generation facilities primarily in the United States and Canada. It owns and operates hydroelectric, wind, solar, and thermal facilities; and owns and operates a portfolio of clean energy and water infrastructure assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
Contact
354 Davis Road, Oakville, ON, L6J 2X1
https://algonquinpower.com
IPO
Date
Dec. 29, 2009
Employees
3786
Officers
Ms. Sarah R. MacDonald B.A, LL.B, M.B.A
Chief Transformation Officer
Ms. Brenda Dale Marshall
Senior Vice President of Wind Development
Mr. Roderick K. West J.D.
Chief Executive Officer & Director
Ms. Alison Holditch
Investor Relations Officer
Stephanie Bose
Senior Director of Corporate Communications
Ms. Jennifer Tindale
Chief Legal Officer & Corporate Secretary
Mr. Brian James Chin CPA
Interim Chief Financial Officer & Vice President of Investor Relations
Mr. Colin Michael Penny
Chief Information Officer