
TSE:AQN
This summary was created by AI, based on 26 opinions in the last 12 months.
Algonquin Power & Utilities Corp (AQN) has undergone a significant transformation in recent years, primarily after divesting from its renewables segment to focus on regulated utilities. The sentiment among analysts is cautiously optimistic, signaling an improvement in the company's trajectory under new management, though many acknowledge ongoing struggles with a historically burdened balance sheet and mixed past performances. The stock is currently viewed as a potential turnaround story, with a rangebound trading characteristic and a decent dividend yield of about 4.3% to 5%. While some analysts recommend waiting for clearer signals of recovery, others see a strong technical foundation developing, suggesting that AQN could begin to appreciate in value as it stabilizes and moves towards a more predictable utility profile. General market conditions and broader trends toward renewable energy also present a mixed outlook, hinting at a gradual recovery phase ahead.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is fairly priced versus its peers. Support looks around $20 so there is minor technical risk. However, taking into consideration the dividend and growth prospect, it is a good play. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has started to act better after a period of lagging for a time. The stock offers a nice combination of growth and income at a reasonable price. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has been a laggard and thus should have some better upside potential than competitors. Unlock Premium - Try 5i Free
AQN vs. BEP.UN Likes it. Leveraged to renewable infrastructure build in the US. Very steady utility business. Better choice than BEP.UN at this time, based on valuations.