TSE:AQN

Algonquin Power & Utilities Corp (AQN.TO)

7.88
+0.03 (0.38%)
as of Sep 1, 2026, 8:00:00 pm Market Open.
1395 watching
0
Investor Insights
star iconSep 1, 2026, 12:00 am

This summary was created by AI, based on 29 opinions in the last 12 months.

Algonquin Power & Utilities Corp (AQN) is currently undergoing a multi-year turnaround focused on becoming a more pure-play regulated utility after divesting its renewable energy assets. The company is predominantly operating in the US, which has prompted plans for redomiciling to attract more US investors and investors appear cautiously optimistic about its restructuring efforts. However, many experts express concerns about the high levels of debt and the modest earnings growth. While there are positive signs of management's improved execution and focus, there is still a prevailing sentiment of skepticism until the company can demonstrate consistent profitability. The stock is perceived as a potential turnaround candidate, but its history of dividend cuts and operational challenges keep some investors at bay.

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Consensus
Cautious
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Valuation
Undervalued
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CPX
HOLD
Hoping company performs better going forward. Current share price is presenting buying opportunity, but time will tell.
WEAK BUY
Kentucky deal has stumbled, an opportunity to invest at a relatively good valuation. Fairly nice yield. If he owned, wouldn't sell, and you could dollar-cost-average down. Dividend relatively secure. See his Top Picks. Yield is 6.6%.
DON'T BUY
Didn't like constant share issuance and rising debt. Very acquisitive. Low growth businesses. Didn't like the renewables side. For dividends, he'd rather own FTS, TRP or ENB.
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.
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