TSE:AQN

Algonquin Power & Utilities Corp (AQN.TO)

8.06
-0.03 (0.37%)
as of Aug 6, 2026, 8:00:01 pm Market Open.
1393 watching
0
Investor Insights
star iconAug 6, 2026, 12:00 am

This summary was created by AI, based on 28 opinions in the last 12 months.

Algonquin Power & Utilities Corp (AQN) has experienced significant challenges over the past few years, particularly stemming from high debt levels associated with its aggressive acquisitions in the renewable sector, which led to a dividend cut and a loss of investor confidence. Despite these struggles, recent reviews indicate that the company is undergoing a transformation, refocusing on its core regulated utility business after divesting most of its renewable assets. Analysts have observed signs of improvement, suggesting that AQN is gradually regaining footing under new management. However, the stock remains in the 'penalty box' and is viewed as a 'show-me' stock, awaiting proof of its capability to generate consistent profits again. While there is optimism about future earnings potential and attractive yields, many experts suggest a cautious approach due to the lingering restructuring phase.

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Consensus
Cautious
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Valuation
Undervalued
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BUY
Multiple could get better if the acquisition happens. Yield's gotten really good, very attractive valuation, growth rate 8%, 12.6x 2023 PE. He's buying. A sleeper to buy now. Yield almost 7%.
BUY
Pretty attractive here for the long term. Nice and sustainable dividend yield, good assets. Well run. Entire sector under pressure mainly due to rising interest rates, but this is mostly baked in.
BUY
Fortis question Fortis is well-run. In utilities, his #1 choice is Brookfield Infrastructure and Algonquin which offer stronger growth, especially AQN. Utilities have come off a lot given rising rates, so choose one with strong growth. All have robust capital programs and enjoy strong demand. Prefers AQN in this space.
PAST TOP PICK
(A Top Pick Dec 17/21, Down 15%) Very undervalued but a great growth profile. A stable and durable operation with businesses in contracted utilities and renewable power. This week, they announced the sale of some of their renewables; they can choose which business to sell or grow.
BUY ON WEAKNESS
There comes a point when investors sell winners, interest rates have been creeping up, and utilities took a hit. Created a fantastic opportunity for all utilities. Solid management. Sold assets, brought in cash. Pick away at it. See his Top Picks.
BUY
Likes the stock as it is a defensive business model. Very healthy dividend yield of ~6%. Business will do well in recession. Current share price presenting good buying opportunity. Long term will be a good investment.
BUY
Big question for all utilities is what does the debt look like in the face of rising interest rates? ESG mandate toward renewables will continue to be an opportunity. Higher rates will recalculate returns and drive them higher. Outlook is good. Buy at these levels, and if it goes lower, buy more.
BUY
Utilities are defensive and good to hold in a downtown. All these stocks have pulled back with the market because rates are going up. This makes it a good time to buy.
TOP PICK
An ideal mix of power generation and opportunity in renewable energy . They're currently buying Kentucky Power. Shares have been rangebound $17-20 for a long time after a lot of growth, but he thinks they are consolidating and waiting for its next leg up. Meanwhile, you're paid around a 5% dividend which should grow. It's steady--it won't shoot the lights right away but will do 10-15 years later. (Analysts’ price target is $20.75)
BUY
Fantastic assets that critical to economy (regulated utilities). Expecting dividend to increase. Interesting aspect of company is renewable business. Believes demand for renewables with increase.
BUY
He likes the defensive names right now. Diversified footprint.
BUY ON WEAKNESS
Government mandated limits on rate increases, will put pressure on dividend increases (limits expansion of revenue). Nature of business is very stable and good for defensive investors. Question is how much dividend can be increased.
PAST TOP PICK
(A Top Pick Jun 11/21, Down 7%) Higher interest rates will benefit the company. Believes renewables will continue to grow. Still believes in strength of company and will continue to hold.
TOP PICK
70% regulated with stable defensive cashflows, 30% renewables with long-term growth prospects. She chose a defensive income stock for this market environment. Last year's acquisition has untapped earnings potential. Equity issue overhung the stock, underperformed peers FTS and EMA. Attractive yield of 4.31%. (Analysts’ price target is $20.88)
STRONG BUY
Good hold for the dividend? Really likes. Attractive valuation. Dividend is very sustainable and has grown over time. Regulated, so interest-rate sensitive. You have to skew towards interest-rate sensitives that can grow. AQN fits that profile. Really good growth profile, solid management.
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