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.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Undervalued
review icon
Similar
CPX
BUY
75% is regulated, 25% is renewable. Very defensive cash flow. Equity issue last week took care of all financing needs for their capital program for the next year. Will grow their cash flow and their dividend. Nice stable stock. Yield is about 4.5%.
TOP PICK
A very unique Canadian listed company that has over 90% of revenues coming from US markets. The majority of its cash flow comes from the regulated return side. It is a fairly small market cap in the utility space. They have made a successful strategy of acquiring unloved assets and have good organic growth as well. It trades at 17 times earnings and 10 times cash flow. A good defensive holding. Yield 4.74% (Analysts’ price target is $21.32)
HOLD

It is a hold like most utilities. Canadian utilities cleaned up their balance sheets since the last recession and then used them to acquire US companies. This has largely been played out now. The CEO has recently stepped down and this creates uncertainty.

STRONG BUY
It's one of his biggest holdings. Very defensive and safe from the pandemic. Really likes this stock and sector. He'd still buy at current levels despite the run-up. The dividend should continue to grow, too, despite other stocks suspending theirs.
BUY

NEE-N vs. AQN-T. He would choose NEE-N. Part of the appeal of renewable energy is that they have one of the best R&D teams internally in the company, to ensure all projects they do come on stream as planned and to be more innovative in other green solutions including battery storage. It is the old "Florida Light and Power". It is growing at double digits of 10 or 12% per year and usually these companies are at 5-7%.

BUY
He really likes it. It is his larger holdings in the utility space and one of his largest holdings in his portfolio over all. He has a lot of respect for what management is doing. They have lots of available liquidity and the dividend is safe. They may ratchet down their dividend growth going forward.
TOP PICK
About 75% of revenues come from the regulated portion of their business. They are also into renewable power. This makes cash flow steady and defend able. She thinks the dividend could continue to grow. Yield 4.6% (Analysts’ price target is $21.68)
BUY
He owns this one. As a utility, it also has a renewable business. It trades about 12 times cash flow. A good conservative holding. It has some US market exposure as well.
COMMENT
Utilities? He has owned a lot of AQN and FTS -- they have done well with interest rates going down. As long as government money is flowing, the lights will all stay on. He might wait to buy AQN in the $18 range.
BUY
He likes it. There is huge volatility. Try to buy around the $14 level. He would like to see more downside, or you can buy it here.
BUY ON WEAKNESS
Loves AQN and clean energy. ESG is gathering momentum. In this bear market, these stocks are getting hammered--and are a buying opportunity. Buy at $13.50, his downside target.
HOLD
He likes it. They had a fantastic year. They announced the succession plan for the CEO. The stock price has run up. He does not see so much upside over the near term. Going forward he thinks there is not so much in catalysts but over the long term it will have tremendous rate-based growth.
BUY

A good company. It's clean power like wind which is popular. Pays a good yield. A good alternative to Emera or Fortis.

BUY

AQN-T vs. NPI-T. He prefers NPI-T. These are both good exposure to renewable utilities. NPI has a longer tenure of growth and getting projects sanctioned. It is the premium play in the renewable sector.

DON'T BUY
Prefers Northland Power as the better operator. Yield is 4%.
Showing 256 to 270 of 585 entries