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
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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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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.
BUY
The Russian war shows us how much the west depends on oil and natural gas from Russia, which is not a good situation. Countries will be more self-sufficient in energy. This means more renewable and nuclear energy. Germany likely regrets mothballing nuclear. Renewables are a good place to be and Canadian offers some good names. AQN and most others are good. The stock hasn't been huge lately, but demand from retail and corporate investors for green energy will push shares higher. ESG is the future, says the street. People buy these companies mainly for the income. This is a solid choice. The dividend will likely rise.
BUY ON WEAKNESS
Half is renewable, half is regulated utility. Sees further upside. Not adding at current levels, but would on a pullback. Acquires companies that are under-earning, right-sizes them to generate more cashflow. One caveat is that they'll always be in the market for equity, so there will always be a bit of an overhang. If you don't want that, ALA is a great name. It has a utility and a mid-stream business, and its valuation is still quite compelling at current levels.
BUY
Really, really likes it. Growth profile and valuation are attractive. Has sold off lately. Threat of rising rates hit utilities hard. Lots of value in today's market. Almost made today's Top Picks list.
BUY
Is a core holding of portfolio and likes the business. Rising interest rates will create positive environment for utilities. Good management that executes well.
PAST TOP PICK
(A Top Pick Jan 06/21, Down 14%) Rough year for all power producers, especially renewables. Actually performed OK in relation to peers. Utility assets are looking relatively attractive again. They might shine again in 2022-23, if you're looking for defense and a potentially challenging year. If the market rips ahead, these will lag, but he likes the 5-ish% dividend. Long term for him.
BUY
For a taxable account so you get the tax credit It pays a nice, rising dividend, but shares have drifted lower in the past year, until it's now attractive. AQN is among the best in renewable energy.
BUY
For a taxable account so you get the tax credit It pays a nice, rising dividend, but shares have drifted lower in the past year, until it's now attractive. AQN is among the best in renewable energy.
BUY
The dividend should be solid . Good to buy in layers as with other stocks. Some now and more later as price rises.. He owns Brookfield Limited Partners and likes the management.
WAIT
Likes it. For energy, he shops around for dividend yield, and balances the portfolio around those. He wants to hold higher levels of cash right now, as he's concerned about markets. He'd wait to buy more, but still owns them for the cashflow.
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