TSE:AQN

Algonquin Power & Utilities Corp (AQN.TO)

7.79
-0.09 (1.14%)
as of Sep 2, 2026, 3:56:04 pm Market Open.
1395 watching
0
Investor Insights
star iconSep 2, 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 after facing significant challenges related to high debt and management changes. The company has shifted its focus primarily to regulated utilities, moving away from renewable energy ventures that did not yield the expected results. Despite these changes, experts express caution due to ongoing financial challenges and a still-high debt load; however, some analysts see potential for future earnings growth. Recent strategic decisions, including the sale of renewable assets and potential redomiciling to the US, are aimed at simplifying operations and improving investor confidence. While AQN has garnered recent analyst upgrades, the overall sentiment suggests that it remains in a 'penalty box' phase, waiting for clearer evidence of management's success in execution and profitability.

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Consensus
Cautious
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Valuation
Undervalued
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HOLD
Why did utilities fall today when the market also went down? This is a renewable, so it's a substitute for energy. Market today had a risk-off sentiment. Doesn't always hold that when rates go down, my interest sensitive stock must always go up. A long-term play, renewables are going to increase. Don't look at the day to day stuff, look at it for 10-20 years.
BUY
He likes this one. They do have cogen. For those that don't mind, it will do very well.
COMMENT

AQN vs NPI Both companies have similar yields -- around 4.9%. He owns both. AQN-T is more US focused. NPI-T is more international. The dividend with AQN-T is paid in US dollars.

HOLD
This interest rate sensitive utility was hurt hard with rising rates last year. As the Central Bank has reduced fears of further rate increases, these stocks have done well. AQN-T has a good balance between generation and distribution businesses. This makes it have more of a growth profile than other utilities in the space. It trades at 17 times earnings and has a 4.5% yield. He will continue to own it.
BUY
AQN vs. Fortis for the next 3 years Likes both, but gives the edge to AQN. AQN will continue to outperformer Fortis, but both are well-run and can deliver higher returns.
BUY
NPI vs. AQN NPI is fine, but she prefers AQN. Nothing wrong with NPI. NPI's recently pullback was due to the CEO dumping a lot of stock on the market, which was a buying opportunity/entry point. AQN has a regulated side in renewable side, pays a good dividend and can growth outside Canada.
STRONG BUY
This chart is fantastic. It's broken to new all-time highs already. A winner.
BUY
Utilities do well in the weaker 6 months of the year--May to October--but they have been are rocketing up outside of the seasonal period.
WATCH
The price did not drop much in December at all. You want to be buying it for the dividend. He is not expecting much upside on the price. It was quite resilient when the rest of the market was falling. It is a utility play and not a yield play.
PAST TOP PICK
(A Top Pick Mar 08/18, Up 23%) 75% of earnings come from regulated utilities. 25% are renewable power under long-term contracts. Over 90% of earnings come from the U.S. paying dividends in USD. Pays a 4.5% yield that they can increase 10% annually because of a project backlog. They have an equity interest in Atlantic Yield which owns renewable power assets mostly in the U.S.--this gives AQN a foray to grow internationally.
TOP PICK
Another utility. It is defensive. It has meaningful growth potential. He likes the growth prospects. (Analysts’ price target is $16.01)
PAST TOP PICK
(A Top Pick Feb 13/18, Up 19%) It has some growth with 25% of revenues from renewables. 90% of earnings comes from the US. Pays it dividends in US dollars. She still likes it and calls it a defensive holding. Yield 4.2%.
BUY
A summer play from May-August, but it's still trending higher. Investors are risk-averse with this. Pays a 4.2% dividend.
BUY
AQN vs. Fortis Both are good companies that pay good yields, though AQN has a little more growth while Fortis is steadier. Both have done acquisitions to propel future earnings growth. It's hard to choose one.
BUY
Target price of $17. It's been stuck at $14, but remember it didn't go down like the market did. Has 8% EPS growth trading at 15.7x which is cheaper than Fortis and Emera. Has a lot of wind on its back.
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