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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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%.
BUY
Has done well. Just reported good numbers. Optimistic about them. Yield of almost 5%.
HOLD
3 major divisions. Sewage and utilities got hit with the US housing market. Also have lots of water power in New England. Good solid utility. Thinks they are for sale. Assets are worth more than what the stock is trading at. 5% yield.
DON'T BUY
Power company. Sporadic and not a favourite of his.
BUY
7% debenture due 2017. This would be a very solid way to go as an investment. While the name has had some problems in the past, it has recently been upgraded by a number of brokerage houses.
TOP PICK
They had a problem with conversion from income trust. They cut their distributions by 50%. They had non-performing assets. Now he can see some utility rate increases coming. Yield 6.8%. He likes the renewables space and they are a proxy on renewables.
HOLD
Any company involved in the power space long-term is well positioned. Currently in potential talks to do a deal so there could be some upside from M&A activity. 6.9% distribution is probably safe.
SELL
(Market Call Minute.) Thinks the management team is weak and he doesn't like the collection of assets.
BUY
Green energy, both hydro and wind power. Green companies are going to get hit heard during the recession with oil prices down. If you can find a company that is going to survive this cycle and you can Buy them cheap, it will fit you up well for later on. Distribution was cut dramatically and now yields 9.4%, which is far more sustainable.
COMMENT
(Market Call Minute.) Good distribution. He himself wouldn't own it, but his partner does and would probably call it a Buy.
COMMENT
Debentures dropped when distributions where halved so the debentures should be a good Buy now. Would wait to see how their new strategy works out before buying any of the trust units but continue to Hold.
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