Algonquin Power & Utilities Corp

AQN-T

TSE:AQN

20.39
0.34 (1.64%)
Algonquin Power & Utilities Corp. is a renewable energy and regulated utility company with assets across North America.
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Analysis and Opinions about AQN-T

Signal
Opinion
Expert
BUY
BUY
October 14, 2020

A Biden win would be positive for green energy. Renewable producers have already run up. Don't chase. Opportunity to buy when there's a pullback. She owns BEP.UN and AQN. Long-term value. AQN you could start adding right here. Wait on BEP.UN.

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A Biden win would be positive for green energy. Renewable producers have already run up. Don't chase. Opportunity to buy when there's a pullback. She owns BEP.UN and AQN. Long-term value. AQN you could start adding right here. Wait on BEP.UN.

BUY
BUY
October 8, 2020
Likes it a lot. Good EPS growth. Not cheap anymore. If Biden wins, it will favour the renewables. Liked it more a couple of weeks ago in the $18s. Will grow in next 5 years.
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Likes it a lot. Good EPS growth. Not cheap anymore. If Biden wins, it will favour the renewables. Liked it more a couple of weeks ago in the $18s. Will grow in next 5 years.
BUY
BUY
October 8, 2020

AQN vs. H Likes Hydro One, with an OK growth rate, but it's expensive. AQN and FTS are trading at better levels than Hydro One with nice growth rates and dividend growth. Pretty safe area, but a mistake to buy at the top of the range.

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AQN vs. H Likes Hydro One, with an OK growth rate, but it's expensive. AQN and FTS are trading at better levels than Hydro One with nice growth rates and dividend growth. Pretty safe area, but a mistake to buy at the top of the range.

BUY
BUY
October 5, 2020
New Money? Yes. He has a $20.21 model price with a 3% upside so he would recommend it here and owns it in client accounts.
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New Money? Yes. He has a $20.21 model price with a 3% upside so he would recommend it here and owns it in client accounts.
BUY
BUY
October 2, 2020

There's lots of interest in renewables. BEP.UN has been a good performer. He did start a small position in AQN. It will be a competitive and challenging sector, but fossil fuels need to be replaced. The sector will only get bigger and better.

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There's lots of interest in renewables. BEP.UN has been a good performer. He did start a small position in AQN. It will be a competitive and challenging sector, but fossil fuels need to be replaced. The sector will only get bigger and better.

BUY
BUY
October 1, 2020
They could benefit as they are seen as stable income holding. It could be a good substitution for bonds longer term. It could help alleviate some of the volatility.
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They could benefit as they are seen as stable income holding. It could be a good substitution for bonds longer term. It could help alleviate some of the volatility.
BUY
BUY
September 28, 2020
They have been consistently growing their dividend and they will continue to grow and expand.
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They have been consistently growing their dividend and they will continue to grow and expand.
COMMENT
COMMENT
September 25, 2020

It's hard to compare AQN to SU. He owns CNR and not SU. He is underweight in gas. He does own AQN as well as BIP. Energy pays a good dividend and in a low interest environment, they can do well.

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It's hard to compare AQN to SU. He owns CNR and not SU. He is underweight in gas. He does own AQN as well as BIP. Energy pays a good dividend and in a low interest environment, they can do well.

TOP PICK
TOP PICK
September 25, 2020

The renewable energy transition is very positive. We have growing energy demand that needs to offset the growth even before replacing existing energy supplies. They have a big presence in the US. They just signed an agreement with Chevron to off-set carbon emissions. (Analysts’ price target is $20.50)

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The renewable energy transition is very positive. We have growing energy demand that needs to offset the growth even before replacing existing energy supplies. They have a big presence in the US. They just signed an agreement with Chevron to off-set carbon emissions. (Analysts’ price target is $20.50)

TOP PICK
TOP PICK
September 15, 2020

A regulated utility and they make green energy. 90% of revenues come from the U.S. It's defensive with a visible cash flow. Their renewable business is supported by long-term contracts. The 4.5% dividend is safe and will continue to rise. AQN recently raised $1 billion to fund their capital program this year into next. They've partnered with Chevron to develop their renewable energy. Last week, they bought a Chilean water utility and may buy the rest of it later. Overall, they're expanding their renewable power space. They have room to grow geographically here and abroad. Strong growth prospects here and an income stock. We're already seeing capital pour into renewable power globally and here in Canada. (Analysts’ price target is $20.59)

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A regulated utility and they make green energy. 90% of revenues come from the U.S. It's defensive with a visible cash flow. Their renewable business is supported by long-term contracts. The 4.5% dividend is safe and will continue to rise. AQN recently raised $1 billion to fund their capital program this year into next. They've partnered with Chevron to develop their renewable energy. Last week, they bought a Chilean water utility and may buy the rest of it later. Overall, they're expanding their renewable power space. They have room to grow geographically here and abroad. Strong growth prospects here and an income stock. We're already seeing capital pour into renewable power globally and here in Canada. (Analysts’ price target is $20.59)

TOP PICK
TOP PICK
August 21, 2020
A very defensive play. A very strong development pipeline complemented by a good acquisition strategy. They create value through organic growth, acquisitions and other means. The valuation is at 18x earnings. A very attractive growth utility. (Analysts’ price target is $20.57)
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A very defensive play. A very strong development pipeline complemented by a good acquisition strategy. They create value through organic growth, acquisitions and other means. The valuation is at 18x earnings. A very attractive growth utility. (Analysts’ price target is $20.57)
TOP PICK
TOP PICK
August 18, 2020
AQN is Canadian-listed, but American domiciled, paying their dividend in USD. They've done a great job growing the company. It's heading in the right direction and he's jumping in. At $18 now, it's halfway between its 52-week high and low. It pays a growing 4.6% dividend. They have a strong renewable energy profile. They just cut a deal with Chevron to green the latter's carbon businesses. We'll see more of this greening trend in the industry that he thinks AQN's CEO is focused on. He expects a lot of capital to flow into renewables (not oil companies) and tech. He just bought AQN. (Analysts’ price target is $20.58)
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AQN is Canadian-listed, but American domiciled, paying their dividend in USD. They've done a great job growing the company. It's heading in the right direction and he's jumping in. At $18 now, it's halfway between its 52-week high and low. It pays a growing 4.6% dividend. They have a strong renewable energy profile. They just cut a deal with Chevron to green the latter's carbon businesses. We'll see more of this greening trend in the industry that he thinks AQN's CEO is focused on. He expects a lot of capital to flow into renewables (not oil companies) and tech. He just bought AQN. (Analysts’ price target is $20.58)
BUY
BUY
August 17, 2020
They have strong renewable assets in the U.S. so it should do well if Biden becomes President. Trades at 17.4x PE 2022. There's upside here. He models 10% EPS growth. They just reported some weakness because of COVID and bad weather. They just raised $1 billion equity but is slightly dilutive. Pays a 4.5% dividend yield. They just got added to the S&P 60. so maybe we'll see some catch-up. The trend is towards renewables. They have a decent balance sheet at 17.4x 2021. You can pick away at it now around $18.
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They have strong renewable assets in the U.S. so it should do well if Biden becomes President. Trades at 17.4x PE 2022. There's upside here. He models 10% EPS growth. They just reported some weakness because of COVID and bad weather. They just raised $1 billion equity but is slightly dilutive. Pays a 4.5% dividend yield. They just got added to the S&P 60. so maybe we'll see some catch-up. The trend is towards renewables. They have a decent balance sheet at 17.4x 2021. You can pick away at it now around $18.
BUY WEAKNESS
BUY WEAKNESS
August 13, 2020
Part of their growth is by acquisition, funded by equity issues. Stock treads water for a while, as new owners get comfortable. In next 6-12 months, they should do another acquisition with higher dividends and earnings, and the stock will go into the low $20s. Be a holder, and even a buyer on weakness.
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Part of their growth is by acquisition, funded by equity issues. Stock treads water for a while, as new owners get comfortable. In next 6-12 months, they should do another acquisition with higher dividends and earnings, and the stock will go into the low $20s. Be a holder, and even a buyer on weakness.
TOP PICK
TOP PICK
July 30, 2020
In the current zero interest rate environment, it's a great fixed income proxy but offers excellent growth. Metrics have been positive for a long time. Growth plus prudent asset management. Yield is 4.69%. (Analysts’ price target is $21.16)
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In the current zero interest rate environment, it's a great fixed income proxy but offers excellent growth. Metrics have been positive for a long time. Growth plus prudent asset management. Yield is 4.69%. (Analysts’ price target is $21.16)
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Algonquin Power & Utilities Corp(AQN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 28

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 32

Stockchase rating for Algonquin Power & Utilities Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Algonquin Power & Utilities Corp(AQN-T) Frequently Asked Questions

What is Algonquin Power & Utilities Corp stock symbol?

Algonquin Power & Utilities Corp is a Canadian stock, trading under the symbol AQN-T on the Toronto Stock Exchange (AQN-CT). It is usually referred to as TSX:AQN or AQN-T

Is Algonquin Power & Utilities Corp a buy or a sell?

In the last year, 32 stock analysts published opinions about AQN-T. 28 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Algonquin Power & Utilities Corp.

Is Algonquin Power & Utilities Corp a good investment or a top pick?

Algonquin Power & Utilities Corp was recommended as a Top Pick by Christine Poole on 2020-10-14. Read the latest stock experts ratings for Algonquin Power & Utilities Corp.

Why is Algonquin Power & Utilities Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Algonquin Power & Utilities Corp worth watching?

32 stock analysts on Stockchase covered Algonquin Power & Utilities Corp In the last year. It is a trending stock that is worth watching.

What is Algonquin Power & Utilities Corp stock price?

On 2020-10-19, Algonquin Power & Utilities Corp (AQN-T) stock closed at a price of $20.39.