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Algonquin Power & Utilities Corp. AQN
Utilities - Renewable Utilities - NYSE - CA
Watchlist
$ 4.82
0.208 %
$ 3.7 B
Market Cap
8.93
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one AQN stock under the base case scenario is HIDDEN Compared to the current market price of 4.82 USD, Algonquin Power & Utilities Corp. is HIDDEN

AQN Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart AQN

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FINANCIALS
2.7 B REVENUE
-2.43%
Growth Rates
1Year -2.43%
3Years 17.17%
5Years 10.37%
7Years 18.64%
10Years 15.58%
466 M OPERATING INCOME
-25.04%
Growth Rates
1Year -25.04%
3Years 6.65%
5Years 4.30%
7Years 15.04%
10Years 16.92%
-33.3 M NET INCOME
89.19%
Growth Rates
1Year 89.19%
3Years -1.50%
5Years -7.28%
7Years -5.81%
10Years -5.38%
628 M OPERATING CASH FLOW
1.44%
Growth Rates
1Year 1.44%
3Years 7.52%
5Years 3.44%
7Years 16.65%
10Years 21.06%
-1.1 B INVESTING CASH FLOW
38.74%
Growth Rates
1Year 38.74%
3Years 3.78%
5Years 5.52%
7Years 9.20%
10Years -12.18%
443 M FINANCING CASH FLOW
-60.12%
Growth Rates
1Year -60.12%
3Years -16.73%
5Years -13.83%
7Years -18.97%
10Years 7.44%
573 M REVENUE
-3.10%
Growth Rates
1Year -2.43%
3Years 17.17%
5Years 10.37%
7Years 18.64%
10Years 15.58%
111 M OPERATING INCOME
35.56%
Growth Rates
1Year -25.04%
3Years 6.65%
5Years 4.30%
7Years 15.04%
10Years 16.92%
-1.33 B NET INCOME
-836.64%
Growth Rates
1Year 89.19%
3Years -1.50%
5Years -7.28%
7Years -5.81%
10Years -5.38%
66.7 M OPERATING CASH FLOW
-71.69%
Growth Rates
1Year 1.44%
3Years 7.52%
5Years 3.44%
7Years 16.65%
10Years 21.06%
-185 M INVESTING CASH FLOW
27.75%
Growth Rates
1Year 38.74%
3Years 3.78%
5Years 5.52%
7Years 9.20%
10Years -12.18%
126 M FINANCING CASH FLOW
111.72%
Growth Rates
1Year -60.12%
3Years -16.73%
5Years -13.83%
7Years -18.97%
10Years 7.44%
Balance Sheet Decomposition Algonquin Power & Utilities Corp.
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Current Assets 1.07 B
Cash & Short-Term Investments 56.1 M
Receivables 524 M
Other Current Assets 486 M
Non-Current Assets 17.3 B
Long-Term Investments 1.76 B
PP&E 12.5 B
Other Non-Current Assets 3.03 B
Current Liabilities 1.69 B
Accounts Payable 210 M
Short-Term Debt 622 M
Other Current Liabilities 853 M
Non-Current Liabilities 9.75 B
Long-Term Debt 7.94 B
Other Non-Current Liabilities 1.81 B
EFFICIENCY
Earnings Waterfall Algonquin Power & Utilities Corp.
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Revenue 2.7 B
Cost Of Revenue 736 M
Gross Profit 1.96 B
Operating Expenses 1.48 B
Operating Income 466 M
Other Expenses 499 M
Net Income -33.3 M
RATIOS
72.72% GROSS MARGIN
72.72%
Averages
1Year 72.72%
3Years 69.97%
5Years 71.75%
7Years 71.93%
10Years 69.53%
17.27% OPERATING MARGIN
17.27%
Averages
1Year 17.27%
3Years 19.36%
5Years 20.70%
7Years 21.50%
10Years 20.47%
0.75% NET MARGIN
0.75%
Averages
1Year 0.75%
3Years -0.76%
5Years 15.41%
7Years 14.01%
10Years 12.95%
0.40% ROE
0.40%
Averages
1Year 0.40%
3Years -0.78%
5Years 5.28%
7Years 5.41%
10Years 5.58%
0.11% ROA
0.11%
Averages
1Year 0.11%
3Years -0.18%
5Years 2.05%
7Years 2.01%
10Years 1.98%
0.91% ROIC
0.91%
Averages
1Year 0.91%
3Years 3.16%
5Years 3.44%
7Years 3.49%
10Years 3.46%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Algonquin Power & Utilities Corp.
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Net Income -33.3 M
Depreciation & Amortization 467 M
Capital Expenditures -1.03 B
Stock-Based Compensation 10.4 M
Change in Working Capital -86.3 M
Others 235 M
Free Cash Flow -398 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Algonquin Power & Utilities Corp.
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Wall Street analysts predict an average 1-year price target for AQN of $6.41 , 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 14.11%
AQN Average Price Target Wall Street Target
6.41 USD 32.91%
AQN Highest Price Target Wall Street Target
8.5 USD 76.35%
4. DIVIDEND ANALYSIS
2.07% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION

Brookfield Renewable Corporation owns and operates a portfolio of renewable energy power generating facilities primarily in the United States, Europe, Colombia, and Brazil.

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-21.8 USD
BEPC
Overvalued 172.35%

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets.

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52.2 USD
NEP
Undervalued 217.67%

Clearway Energy, Inc. operates in the renewable energy business in the United States. It has approximately 5,000 net megawatts (MW) of installed wind and solar generation projects; and approximately 2,500 net MW of natural gas generation facilities.

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36.8 USD
CWEN
Undervalued 33.61%

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in the United States, Canada, Mexico, Peru, Chile, Colombia, Uruguay, Spain, Italy, Algeria, and South Africa.

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30.8 USD
AY
Undervalued 39.51%

Clearway Energy, Inc. operates in the renewable energy business in the United States. It has approximately 5,000 net megawatts (MW) of installed wind and solar generation projects; and approximately 2,500 net MW of natural gas generation facilities.

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0 USD
CWEN-A
Overvalued 100.00%

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.

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32.5 USD
BEP
Undervalued 28.90%

Altus Power, Inc. operates as a clean electrification company in the United States. It is involved in the on-site solar generation for commercial, industrial, and public customers; community solar; energy storage; and electric vehicle charging businesses.

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0 USD
AMPS
Overvalued 100.00%

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally.

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94.6 USD
ORA
Undervalued 19.74%

Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources.

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-15.3 USD
ENLT
Overvalued 194.08%

Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications worldwide.

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0 USD
FLNC
Overvalued 100.00%
6. Ownership
Insider Ownership Algonquin Power & Utilities Corp.
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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
Date Value Insider Amount Avg Price
7. News
Algonquin Power & Utilities Corp. (AQN) Q3 2024 Earnings Call Transcript Algonquin Power & Utilities Corp. (NYSE:AQN ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Brian Chin – Vice President-Investor Relations Chris Huskilson – Chief Executive Officer Darren Myers – Chief Financial Officer Conference Call Participants Rupert Merer – National Bank Mark Jarvi – CIBC Sean Steuart – TD Cowen Rob Hope – Scotiabank Operator Hello, and welcome to the Algonquin Power & Utilities Corp. Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. seekingalpha.com - 1 week ago
Algonquin Power & Utilities (AQN) Q3 Earnings and Revenues Lag Estimates Algonquin Power & Utilities (AQN) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.11 per share a year ago. zacks.com - 1 week ago
Algonquin Power & Utilities Corp. Declares Fourth Quarter 2024 Common Share Dividend of U.S.$0.0650 (C$0.0901), and Declares Fourth Quarter 2024 Preferred Share Dividends OAKVILLE, ON , Nov. 7, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (TSX: AQN.PR.A) (TSX: 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 January 15, 2025, to the shareholders of record on December 31, 2024, for the period from October 1, 2024 to December 31, 2024. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of C$0.0901. prnewswire.com - 1 week ago
Algonquin Power & Utilities Corp. Announces 2024 Third Quarter Financial Results Making progress in strategic transition to regulated utility OAKVILLE, ON , Nov. 7, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") announced today financial results for the third quarter ended September 30, 2024. All amounts are shown in United States dollars ("U.S. $" or "$"), unless otherwise noted. prnewswire.com - 1 week ago
Analysts Estimate Algonquin Power & Utilities (AQN) to Report a Decline in Earnings: What to Look Out for Algonquin Power & Utilities (AQN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
Algonquin Power: Has Growth Potential, But Patience Will Be Needed Algonquin is divesting renewable assets to focus on regulated services, aiming for stable profits and dividends. The company's regulated services are under-earning but expected to improve with new rate approvals, particularly in New York and Bermuda. Algonquin's financial leverage will decline post-renewables separation, aided by recent dividend cuts. seekingalpha.com - 3 weeks ago
Algonquin Power & Utilities Corp. Announces Date for Third Quarter 2024 Financial Results and Conference Call OAKVILLE, ON , Oct. 11, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its third quarter 2024 financial results on Thursday, November 7, 2024, before market open. AQN will hold an earnings conference call at 10:00 a.m. prnewswire.com - 1 month ago
Algonquin Stock Likely To Double After Renewables Separation Algonquin is transitioning to a pure-play regulated utility, exiting merchant power activities to reduce debt and simplify its business, creating significant shareholder value. The utility sector is currently thriving due to rising power demand, declining rates and rising regulated revenues, making it an attractive investment. Algonquin is trading at a significant discount to peers, with the potential for its equity value to double as it adds assets to its rate base. seekingalpha.com - 1 month ago
What I Wish I Knew Before Becoming A Stock Picker Picking individual stocks can outperform the market if you enjoy analyzing companies and have the discipline to manage your investments carefully. There are important lessons that investors need to follow if they are going to have success picking stocks. I share three of some of the most important lessons I have learned over the years that I wish I had known at the beginning of my stock-picking career. seekingalpha.com - 2 months ago
My 3 Worst High-Yield Investments Ever Investing in high-yielding stocks reduces the risk of misallocating capital compared to high-growth stocks. However, I have still made my fair share of mistakes. I share my lessons learned from the 3 worst high-yield investments ever. seekingalpha.com - 2 months ago
Algonquin Power: Measure Once, Cut Twice AQN missed top line numbers in Q2-2024, with revenues declining year over year by 5%. It announced the sale of its renewable energy business for up to $2.5 billion. The company adjusted its common share dividend reducing it by approximately 40% for Q3-2024. seekingalpha.com - 3 months ago
LS Power Agrees to Acquire Large Scale Renewable Energy Business from Algonquin Power & Utilities Corp. NEW YORK , Aug. 9, 2024 /PRNewswire/ -- LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced it has reached an agreement with Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ("AQN") to acquire its renewable energy business (the "Renewables Business"). The Renewables Business is comprised largely of wind and solar assets located throughout the United States and Canada, including 44 operating assets with more than 3,000 megawatts (MW) of generating capacity and an 8,000 MW pipeline of wind, solar, battery energy storage and renewable natural gas projects in various stages of development. prnewswire.com - 3 months ago
8. Profile Summary

Algonquin Power & Utilities Corp. AQN

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COUNTRY CA
INDUSTRY Renewable Utilities
MARKET CAP $ 3.7 B
Dividend Yield 2.07%
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 3946
Officers Mr. Colin Michael Penny Chief Information Officer Mr. Brian James Chin CPA Vice President of Investor Relations Mr. Christopher G. H. Huskilson Chief Executive Officer & Director Mr. Jeffery Norman President of Renewables Ms. Alison Holditch Investor Relations Officer Ms. Jennifer Tindale Chief Legal Officer & Corporate Secretary Stephanie Bose Director of Corporate Communications Ms. Sarah R. MacDonald B.A, LL.B, M.B.A Chief Human Resources Officer Ms. Brenda Dale Marshall Senior Vice President of Wind Development