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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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.
BUY
AQN vs. TA vs. RNW AQN's growth rate is 13%, trading around $17, a discount to the group. At these levels, when not many people are owning it and not expecting much, AQN pays a nice dividend. RNW had turbine problems and pulled back. TA is at a discount to the sum of its parts, as it owns RNW but doesn't get full value in the share price. TA is the better buy for upside.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They have had a hard time meeting estimates these past few quarters. They did a confusing financing deal this year which investors did not like. The company is still attractive for income, and the valuation is cheap compared to peers. Unlock Premium - Try 5i Free

BUY
He likes this sector a lot. These stocks have done nothing for a year, been a while. Demand for power will continue to rise and renewables won't go away. He doesn't own AQN, but this sector. AQN pays a dividend, and the future of this sector looks good.
COMMENT

Question on whether to increase position in Alta Gas or Algonquin Power. Prefers Algonquin but doesn't own. However a pullback would be interesting. Algonquin has been consistently successful. Alta Gas is over-leveraged but they have new management now.

TOP PICK
Great valuation on stock price. Risk of higher interest rates has affected utility sector. Market negative on most recent acquisition (Kentucky Power). Good for income oriented investor.
BUY
Generally, he doesn't like share dilution, but ask the reason why. For instance, to buy assets and grow the company is a positive. AQN is fine; it will benefit from the ESG movement. Likes it. Renewables and AQN have had a tough year, but it offers good value now and long-term growth.
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