TSE:AQN

Algonquin Power & Utilities Corp (AQN.TO)

8.24
+0.14 (1.73%)
as of Jun 4, 2026, 6:21:20 pm Market Open.
1398 watching
0
Investor Insights
star iconJun 4, 2026, 12:00 am

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

Algonquin Power & Utilities Corp (AQN-T) has seen a significant transformation recently with a strategic focus on regulated utilities, moving away from its less successful renewable energy ventures. Many experts highlight that the company is undergoing a multi-year turnaround, with new management actively working to improve the business and restore investor confidence after a rough patch that included dividend cuts and restructuring challenges. The analyst community is becoming increasingly optimistic, as AQN has started to show promising technical signs and several upgrades have been issued recently. Although concerns about high debt levels and previous mismanagement remain, many believe that AQN's shift toward a more stable utility model will enhance its growth potential and generate predictable income for investors. There’s cautious optimism about its future, with some viewing it as a potential takeover target given its current valuation relative to peers.

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Consensus
Positive
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Valuation
Undervalued
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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.
BUY
Some avoid utilities as interest rates rise. However, Canadian utilities have done very well due to the Russian invasion. So, investors seek defence in this sector. He also likes clean energy like AQN, which he trimmed a little. Clean energy will come back this year after a strong 2020 and maybe not as strong as 2020, but still good.
Unspecified
Good for income and growth with a history of dividend growth. There is a need to strengthen the grid in generation, transmission and distribution so this makes for a good opportunity for the utility companies.There is a real opportunity in utilities in renewable generators of power. An opportunity of the decade. Algonquin is a lower beta company.
PARTIAL SELL
Big move recently, due to flight to defense. Still likes it and its dividend, but pricier now at 18x 2023 earnings. Growth rate has come down to 6.5%. On price to growth, there's better value elsewhere. Likes the renewable play and defensive nature. Sell calls or reduce your position. Look to add around $16.
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