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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Similar
CPX
BUY
Share issuance for the new acquisition will be somewhat dilutive, but you're issuing capital to buy growth. For new money, it's at a discount. Longer term prospects are quite attractive. Continuing to add for clients. If you own it, keep it.
BUY ON WEAKNESS
Shares have really come off Well-run, focusing on green power which is a growth area for the coming decade as the world moves away from carbon power. They do issue equity, so the stock has come off. There are concerns over weak wind power conditions in Europe, which has pressured the entire sector, but he isn't worried. Also yields have inched up recently and could in the future, but such pressures will be temporary. AQN pays a good dividend. Buy in dips.
WATCH
It is still a name he does not own. He sold a couple of year ago because he saw better value elsewhere in the space. He is watching it. He has not pulled the trigger to buy it back.
PAST TOP PICK
(A Top Pick Sep 25/20, Up 3%) Disappointing performance, coming off with the rest of the renewables. A lot of negativity in the sector, but it won't last. Renewables still lead the pack in terms of growth in the sector. See his Top Picks.
TOP PICK
Great mixture of regulated utility assets with strong, stable cashflows along with development arm for renewables for public and private buyers. Everyone is being pressured to have cleaner energy. Good development opportunities at premium prices. The world is short of power. Yield is 4.67%. (Analysts’ price target is $21.60)
BUY
Renewables will continue to grow, especially as they're well positioned in the US as they green out their fleet. About 90% of earnings comes from the US. As a utility, she doesn't expect double digit gains. She owns it for the yield and a bit of capital appreciation, which has been a bit disappointing. Higher interest rates is a headwind. Attractive yield, which should grow annually, will act as a buffer to inflation. Buy it here and hold.
BUY
It has been a long time holding of his. It has been fairly range-bound recently. Now is a good time to buy it. He expects dividend increases at some point in the future.
PAST TOP PICK
(A Top Pick Sep 15/20, Up 8%) She'd buy it here. 90% of their earnings come from the US. Pays a nice nearly 4% dividend and should grow 10% this year and continue to grow in coming years through a capital program. They've struck deals with Chevron and JPMorgan to reduce their carbon footprint.
BUY

Both CPA and AQN have some overlap. Doubled up on Algonquin Power when there was a pullback. Would own both if it was in an RRSP.

PAST TOP PICK
(A Top Pick Aug 18/20, Up 13%) Disappointing. Digesting growth, equity issue. Good things ahead. Dividend increase of 10%. Well set up for next few decades with utilities, water, gas and electric that they can green, and renewables. Still likes it. Yield over 4.5%.
PAST TOP PICK
(A Top Pick Aug 21/20, Up 11%) It's underperformed peers because of the threat of higher interest rates impacted utilities. It's more utility than green energy, but it's a lovely mix. AQN is very well-run and boasts one of the strongest growth profiles in the industry. The valuation is attractive.
HOLD
Attractive income stock. Not the highest dividend at under 4%, but confident they'll grow the dividend over time. About 1/3 is renewable power, and the rest is regulated utility operations. High visibility in earnings. Share price should go up around 6%, for an annualized total return of 8-10%.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Quite comfortable with it given the growth and valuation compared to peers. One of their preferred utilities names. Better to have it in a registered account for the dividends. Unlock Premium - Try 5i Free

BUY ON WEAKNESS
Has recommended this for a long time. It's trading at a more reasonable PE now. You collected a good dividend. It's not cheap now, but in no man's land. Maybe don't buy it today, but have it under your radar. Buy under $19.
PAST TOP PICK
(A Top Pick Jul 30/20, Up 9%) We are going to see more of a transition into renewables. He continues to buy it.
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