TSE:AQN

Algonquin Power & Utilities Corp (AQN.TO)

8.49
-0.01 (0.12%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
1396 watching
0
Investor Insights
star iconJun 25, 2026, 12:00 am

This summary was created by AI, based on 27 opinions in the last 12 months.

Algonquin Power & Utilities Corp (AQN) has undergone significant transformation recently, focusing more on regulated utility operations while divesting its renewables segment. Despite a challenging past characterized by management changes, poor performance in renewables, and high leverage, many experts see potential for recovery and growth. Analysts highlight a more stable business model moving forward and express optimism about upcoming profitability improvements under new management. Although some experts remain cautious due to lingering high debt levels and prior dividend cuts, several analysts note AQN's share price potential, especially if it can consistently breach the resistance around $9. With a yield of approximately 4-5%, investors may find an agreeable income through dividends while awaiting further stock price recovery.

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Consensus
Cautious
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Valuation
Undervalued
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TOP PICK

His company has an $8 target on this. Yield of 5%. Really good entry point.

HOLD

Got caught in down draft. A fine company. Yield is good at 4.8%. Businesses they are in should continue to grow. This is the kind of company he would be in.

DON'T BUY

He has to lump them with the whole power and utilities sector. They are trading at large multiples to their earnings. These are high capital intensive businesses. He sees them as moderate risk due to the possibility of interest rates rising. They have stable businesses and you get to charge a regular ROE on the power over time.

PARTIAL SELL

He thinks it has had its run. He is selling down because it is now just purely a dividend story.

COMMENT

Buy more Algonquin Power (AQN-T) or buy BMO Equal Weight Utilities Index (ZUT-T)? ZUT gives you more diversification so he would unload Algonquin Power and buy ZUT. This will take the risk out of the equation.

COMMENT

About 99% of the people owning this own it for yield. If you can get a little capital appreciation out of it, that is a good thing too. Pretty expensive. About 4% yield. Be ready to climb off the bus if you see yields on bonds start to go up.

PAST TOP PICK

(A Top Pick Feb 16/12. Up 28.09%.) Sees it going up to $8.50. Has a very good development pipeline and a very good payout ratio. Management has done a good job of growing the company.

BUY

Was concerned about this a couple of years ago when the US housing market tanked. One of their growth areas was in Arizona. Recently people have started to realize that this is a pretty solid outfit. Good diversification of assets being in Hydro and specialty power production. Good safe stock to be in. Feels the 4.14% dividend is quite safe.

PAST TOP PICK

(A Top Pick Feb 16/12. Up 12.02%.)

COMMENT

Power business married with a utility business. Probably worth $7 and he would probably nibble away in the low $6’s. Some of their acquisitions have exposed them to a little bit of the merchant power sector, meaning their generation isn’t fully contracted for the long-term but doesn’t think this will be a significant component of cash flow going forward.

WAIT
Have entered into a partnership with Emera (EMA-T) where they are trying to buy some assets from the state of Maine. Maine is deciding whether they want Emera to own both the transmission and distribution. This stock is cheap, but that is because of uncertainty.
BUY
Really likes this one. Has been weak lately. One of the issues has being their announcement of all the potential acquisitions that they are working on. Should go higher.
TOP PICK
Likes it because it is good relative value. Acquisitions that would require regulatory approval in US. Name that gets 8% free cash flow yield and payout ratio less than 40%.
COMMENT
Used to own but didn't like some of the management contracts but it has since changed. Doesn't get a good feel for it.
TOP PICK
Relatively small cap name. This is a good time to be thinking defence. Decent organic growth but has been very effective at small tuck-in acquisitions of regulated utilities throughout the US. Partnership with Emerus (?) which is positive. Free cash flow yield. Dividend yield of over 5%.
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