Algonquin Power & Utilities Corp. (AQN)
| Market Cap | 4.36B |
| Revenue (ttm) | 2.77B |
| Net Income (ttm) | -240.41M |
| Shares Out | 689.14M |
| EPS (ttm) | -0.27 |
| PE Ratio | n/a |
| Forward PE | 10.23 |
| Dividend | $0.43 (6.87%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 3,131,575 |
| Open | 6.27 |
| Previous Close | 6.32 |
| Day's Range | 6.23 - 6.34 |
| 52-Week Range | 4.90 - 9.14 |
| Beta | 0.47 |
| Analysts | Hold |
| Price Target | 9.10 (+43.99%) |
| Earnings Date | Nov 10, 2023 |
About AQN
Algonquin Power & Utilities Corp., a renewable energy and utility company, that provides energy and water solutions and services in North America and internationally. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment provides a portfolio of rate-regulated water, electricity, and gas utility services. It offers electricity distribution, water distribution, waste water treatment, and natural gas distribution services. The Renewable Energy Group segment generates an... [Read more]
Analyst Forecast
According to 7 analysts, the average rating for AQN stock is "Hold." The 12-month stock price forecast is $9.1, which is an increase of 43.99% from the latest price.
News
Algonquin Power & Utilities Corp. Announces Results of Exercise of Conversion Rights of Cumulative Rate Reset Preferred Shares, Series A
OAKVILLE, ON , Dec. 19, 2023 /PRNewswire/ - Further to the press releases of Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) dated November 22, 2023 and December 4, 2...
Algonquin Power & Utilities Corp. Announces Dividend Rates on Cumulative Rate Reset Preferred Shares, Series A, and Cumulative Floating Rate Preferred Shares, Series B
OAKVILLE, ON , Dec. 4, 2023 /PRNewswire/ - Further to the news release of Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) dated November 22, 2023, the Company announc...
Algonquin Power & Utilities Corp. Announces Conversion Rights for Cumulative Rate Reset Preferred Shares, Series A
OAKVILLE, ON , Nov. 22, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) announced today that it does not intend to exercise its right to redeem al...
Algonquin Power & Utilities Corp. Announces 2023 Third Quarter Financial Results
OAKVILLE, ON , Nov. 10, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced financial results for the third quarter ended September 30...
Algonquin Power & Utilities Corp. Declares Fourth Quarter 2023 Common Share Dividend of U.S.$0.1085 (C$0.1497), and Declares Fourth Quarter 2023 Preferred Share Dividends
OAKVILLE, ON , Nov. 10, 2023 /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 an...
Starboard Value Issues Presentation Delivered at the 2023 Capitalize for Kids Investors Conference
NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard” or “we”) today announced that Jeffrey Smith, the firm's Chief Executive Officer and Chief Investment Officer, d...
Algonquin Power & Utilities Corp. Announces Date for Third Quarter 2023 Financial Results and Conference Call
OAKVILLE, ON , Oct. 11, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its third quarter 2023 financial results on Friday, Novemb...
Algonquin Power & Utilities Corp. Announces Redemption of its 6.875% Fixed-to-Floating Subordinated Notes - Series 2018-A due 2078
OAKVILLE, ON , Oct. 6, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN", "Algonquin" or the "Company") (TSX: AQN) (NYSE: AQN) today announced that on November 6, 2023 (the "Redemption Date...
Algonquin Power & Utilities Corp. Will Pursue Sale of Renewable Energy Group Following Strategic Review; Announces 2023 Second Quarter Financial Results
OAKVILLE, ON , Aug. 10, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced that it will pursue a sale of the Renewable Energy Group. ...
Algonquin Power & Utilities Corp. Declares Third Quarter 2023 Common Share Dividend of U.S.$0.1085 (C$0.1460), and Declares Third Quarter 2023 Preferred Share Dividends
OAKVILLE, ON , Aug. 10, 2023 /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 an...
Algonquin Power & Utilities Corp. Announces CEO Transition
Chris Huskilson Appointed Interim CEO, Succeeding Arun Banskota Board Commencing Search for a Permanent CEO OAKVILLE, ON , Aug. 10, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN", "Algon...
Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2023 Financial Results and Conference Call
OAKVILLE, ON , July 25, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its second quarter 2023 financial results on Thursday, Aug...
Activist Starboard prepares the groundwork to reduce leverage and build value at Algonquin Power
Algonquin Power will be conducting a strategic review of its renewables business.
Hedge fund Starboard asks Algonquin Power to sell renewable assets
Activist hedge fund Starboard Value on Thursday sent a letter to utility firm Algonquin Power & Utilities asking it to sell a majority of its renewable assets to reduce debt and improve earnings.
Algonquin Power and Utilities can boost earnings, its dividend and its stock with proper sale of renewables assets, Starboard says
Activist investor Starboard Value LP believes Algonquin Power & Utilities Corp. AQN CA:AQN could boost shareholder value, raise its dividend and cut its debt with a “properly executed” sale of all or ...
Algonquin Power stock gets a pop after Starboard discloses stake and calls shares ‘undervalued'
Shares of Algonquin Power & Utilities Corp. AQN, +2.19% were up 1.6% in Friday's premarket trading after Starboard Value LP disclosed a 5% stake in the company. Jeffrey Smith's Starboard Value has ama...
Starboard takes stake of about 5% in Algonquin Power - WSJ
Starboard Value has gained a more than 5% stake in Algonquin Power & Utilities , the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Starboard Builds Stake in Algonquin Power
The activist investor pushes for the sale of the power company's renewable-energy unit.
Algonquin Power & Utilities Corp. Holds Annual Meeting of Shareholders and Announces Election of Board of Directors
OAKVILLE, ON , June 20, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today held an annual meeting of common shareholders. At the meeting, all o...
Algonquin Power & Utilities Corp. Declares Second Quarter 2023 Common Share Dividend of U.S.$0.1085 (C$0.1453), and Declares Second Quarter 2023 Preferred Share Dividends
OAKVILLE, ON , May 11, 2023 /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...
Algonquin Power & Utilities Corp. Announces 2023 First Quarter Financial Results
OAKVILLE, ON , May 11, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") today announced financial results for the first quarter ended March 31, 202...
Algonquin Power & Utilities Corp. to Conduct Strategic Review of its Renewable Energy Group with Aim of Enhancing Shareholder Value
OAKVILLE, ON , May 11, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX: AQN) (NYSE: AQN) today announced that the Company's Board of Directors has initiated a strat...
Ancora Urges Algonquin's Board of Directors to Accelerate Previously Announced Divestitures Following Termination of the Kentucky Power Transaction
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora”), which is a meaningful shareholder of Algonquin Power & Utilities Corp. (TSX: AQN, NYSE: AQN) (“Algonqui...
Algonquin Power & Utilities Corp. and American Electric Power Mutually Agree to Terminate Kentucky Power Transaction
Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN" or the "Company") announced today that Liberty Utilities Co. ("Liberty"), an indirect subsidiary of AQN, has mutually agreed with Americ...
Algonquin Power & Utilities Corp. Announces Date for First Quarter 2023 Financial Results and Conference Call
OAKVILLE, ON , April 12, 2023 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX: AQN) (NYSE: AQN) ("AQN") today announced plans to release its first quarter 2023 financial results on Thursday, May...