Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada, the United States, Chile, and Bermuda. It generates and sells electrical energy through non-regulated renewable and clean energy power generation facilities. The company also owns and operates hydroelectric, wind, solar, and thermal facilities with generating capacity of approximately 2.1 gigawatt; and regulated electric, natural gas, water distribution, and wastewater collection utility systems. It serves approximately 306,000 electric connections; 371,000 natural gas connections; and 409,000 regulated water distribution and wastewater collection utility systems in the states of California, New Hampshire, Missouri, Kansas, Oklahoma, Arkansas, Georgia, Illinois, Iowa, Massachusetts, New York, Arizona, Texas, and the Province of New Brunswick. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
IPO Year: 2016
Exchange: NYSE
Website: algonquinpower.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/4/2025 | $6.75 | Outperform → Sector Perform | National Bank Financial |
| 12/12/2024 | $7.00 | Neutral | Analyst |
| 9/5/2024 | Neutral | Janney | |
| 8/12/2024 | Outperform → Mkt Perform | Raymond James | |
| 8/12/2024 | $8.50 → $6.00 | Overweight → Equal Weight | Wells Fargo |
| 3/11/2024 | Sell → Hold | Desjardins | |
| 1/8/2024 | $7.00 → $7.50 | Market Perform → Outperform | BMO Capital Markets |
| 4/18/2023 | $9.00 → $8.50 | Buy → Neutral | BofA Securities |
| 4/17/2023 | $17.00 → $10.00 | Sector Outperform → Neutral | CIBC |
| 2/16/2023 | $7.00 → $9.00 | Underperform → Buy | BofA Securities |
National Bank Financial downgraded Algonquin Power & Utilities from Outperform to Sector Perform and set a new price target of $6.75
Analyst resumed coverage of Algonquin Power & Utilities with a rating of Neutral and set a new price target of $7.00
Janney initiated coverage of Algonquin Power & Utilities with a rating of Neutral
Raymond James downgraded Algonquin Power & Utilities from Outperform to Mkt Perform
Wells Fargo downgraded Algonquin Power & Utilities from Overweight to Equal Weight and set a new price target of $6.00 from $8.50 previously
Desjardins upgraded Algonquin Power & Utilities from Sell to Hold
BMO Capital Markets upgraded Algonquin Power & Utilities from Market Perform to Outperform and set a new price target of $7.50 from $7.00 previously
BofA Securities downgraded Algonquin Power & Utilities from Buy to Neutral and set a new price target of $8.50 from $9.00 previously
CIBC downgraded Algonquin Power & Utilities from Sector Outperform to Neutral and set a new price target of $10.00 from $17.00 previously
BofA Securities upgraded Algonquin Power & Utilities from Underperform to Buy and set a new price target of $9.00 from $7.00 previously
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
6-K - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Filer)
3 - ALGONQUIN POWER & UTILITIES CORP. (0001174169) (Issuer)
Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN", "Algonquin" or the "Company") today announced the appointment of Amy Walt as Chief Customer Officer, effective June 30. In this role, Ms. Walt will be responsible for overseeing all aspects of the customer experience across the Company's water, gas, and electric operations. Reporting directly to the Chief Executive Officer, she will be responsible for setting the Company's customer-focused strategy and an operating model that supports sustainable affordability, reliability, and innovation. "Amy's expertise in data analytics, process improvement, and customer-centric strategy makes her exceptionally well-suited to help us strengthen
Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN", "Algonquin" or the "Company") today announced the appointment of Noel Black as Chief Regulatory and External Affairs Officer, effective June 30. In this newly created role, Mr. Black will lead the Company's regulatory strategy, government and stakeholder relations, and external communications functions. Reporting directly to the Chief Executive Officer, he will drive enterprise strategy and alignment, working closely with regulatory commissions, policymakers, community leaders, and other external stakeholders, to advance Algonquin's pure-play utility objectives. "Noel brings a rare combination of regulatory fluency, public affairs a
Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX/NYSE:AQN) today held an annual meeting of common shareholders. At the meeting, each of the following 11 nominees listed in the Company's management information circular dated April 24, 2025 were elected as directors of AQN pursuant to a vote by ballot: Nominee Votes For % For Votes Against % Against Brett Carter 445,237,184 96.47 16,311,561 3.53 Amee Chande 459,368,238 99.53 2,181,565 0.47 Daniel Goldberg 426,493,805 92.40 35,054,939 7.60 Christopher Huskilson 459,454,425 99.55 2,
Investor Update Call to be Held at 1:30 p.m. ET Algonquin Power & Utilities Corp. ("AQN", "Algonquin" or the "Company") (TSX:AQN) (NYSE:AQN) today announced its "Back to Basics" utility customer-centric capital plan focused on improving customer experience, driving operational efficiencies, and achieving constructive regulatory outcomes. As part of that plan, the Company released its financial outlook for 2025 through 2027. Algonquin will evaluate key decisions in the context of its commitments to its four key stakeholders: First and foremost, delivering outcomes and experiences to customers in the moments that matter to them; Investing in the communities we serve to foster econom
Algonquin Power & Utilities Corp. ("AQN") (TSX:AQN, AQN.PR.A, AQN.PR.D, NYSE:AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: US$0.0650 per common share, payable on July 15, 2025, to the shareholders of record on June 30, 2025, for the period from April 1, 2025 to June 30, 2025. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of C$0.0897. C$0.41100 per preferred share, Series A, payable in cash on June 30, 2025 to preferred share, Series A holders of record on June 13, 2025, for the period from March 31, 2025 to, but excluding, June 30, 2025. C$0.42831 per preferre
Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN" or the "Company") announced today financial results for the first quarter ended March 31, 2025. All amounts are shown in United States dollars ("U.S. $" or "$"), unless otherwise noted. "The Company recorded a constructive first quarter of 2025 with notable year-over-year improvements in our key financial metrics. Our results were solid, reflecting the strength of our core regulated utility operations, even when accounting for one-time items that contributed positive tailwinds," said Rod West, Chief Executive Officer of AQN. "Since stepping into the role in early March, I have quickly gotten up to speed and I am encouraged by the oppo
Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN") today announced plans to release its first quarter 2025 financial results on Friday, May 9, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, May 9, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Conference call details are as follows: Date: Friday, May 9, 2025 Time: 8:30 a.m. ET Conference Call: Toll Free Dial-In Number 1 (800) 715-9871 Toll Dial-In Number 1 (647) 932-3411 Conference ID 4990414 Webcast: https://edge.
Appoints New CEO Rod West and Starboard Senior Partner Gavin Molinelli to the Board Extends Cooperation Agreement With Starboard Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN", "Algonquin" or the "Company") announced today that its Board of Directors (the "Board") has appointed CEO Rod West to the Board. The Board also intends to appoint Gavin Molinelli, Senior Partner and Portfolio Manager at Starboard Value LP (together with certain of its affiliates, "Starboard") to the Board, subject to approval by the Federal Energy Regulatory Commission. Mr. Molinelli's appointment will become effective immediately following the receipt of such approval. Following the appointments of Mr. We
Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN", "Algonquin" or the "Company") announced today financial results for the fourth quarter and full year ended December 31, 2024. All amounts are shown in United States dollars ("U.S. $" or "$"), unless otherwise noted. "The Company continued to make strides in its transition to a pure-play utility. Over the last 90 days, we successfully completed our Renewables and Atlantica sales, and we enter 2025 with a recapitalized balance sheet and significant opportunity for improvement," said Chris Huskilson, Chief Executive Officer of AQN. "It has been a privilege to lead Algonquin during this momentous period of transformation, and I look forw
Algonquin Power & Utilities Corp. ("AQN") (TSX:AQN, AQN.PR.A, AQN.PR.D, NYSE:AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: US$0.0650 per common share, payable on April 15, 2025, to the shareholders of record on March 31, 2025, for the period from January 1, 2025 to March 31, 2025. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of C$0.0934. C$0.41100 per preferred share, Series A, payable in cash on March 31, 2025 to preferred share, Series A holders of record on March 14, 2025, for the period from December 31, 2024 to, but excluding, March 31, 2025. C$0.42831 p
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Investor Update Call to be Held at 1:30 p.m. ET Algonquin Power & Utilities Corp. ("AQN", "Algonquin" or the "Company") (TSX:AQN) (NYSE:AQN) today announced its "Back to Basics" utility customer-centric capital plan focused on improving customer experience, driving operational efficiencies, and achieving constructive regulatory outcomes. As part of that plan, the Company released its financial outlook for 2025 through 2027. Algonquin will evaluate key decisions in the context of its commitments to its four key stakeholders: First and foremost, delivering outcomes and experiences to customers in the moments that matter to them; Investing in the communities we serve to foster econom
Algonquin Power & Utilities Corp. ("AQN") (TSX:AQN, AQN.PR.A, AQN.PR.D, NYSE:AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: US$0.0650 per common share, payable on July 15, 2025, to the shareholders of record on June 30, 2025, for the period from April 1, 2025 to June 30, 2025. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of C$0.0897. C$0.41100 per preferred share, Series A, payable in cash on June 30, 2025 to preferred share, Series A holders of record on June 13, 2025, for the period from March 31, 2025 to, but excluding, June 30, 2025. C$0.42831 per preferre
Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN") today announced plans to release its first quarter 2025 financial results on Friday, May 9, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, May 9, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Conference call details are as follows: Date: Friday, May 9, 2025 Time: 8:30 a.m. ET Conference Call: Toll Free Dial-In Number 1 (800) 715-9871 Toll Dial-In Number 1 (647) 932-3411 Conference ID 4990414 Webcast: https://edge.
Algonquin Power & Utilities Corp. ("AQN") (TSX:AQN, AQN.PR.A, AQN.PR.D, NYSE:AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: US$0.0650 per common share, payable on April 15, 2025, to the shareholders of record on March 31, 2025, for the period from January 1, 2025 to March 31, 2025. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of C$0.0934. C$0.41100 per preferred share, Series A, payable in cash on March 31, 2025 to preferred share, Series A holders of record on March 14, 2025, for the period from December 31, 2024 to, but excluding, March 31, 2025. C$0.42831 p
Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN") today announced plans to release its fourth quarter and full year 2024 financial results on Friday, March 7, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, March 7, 2025, hosted by Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers. Conference call details are as follows: Date: Friday, March 7, 2025 Time: 8:30 a.m. ET Conference Call: Toll Free Dial-In Number 1 (800) 715-9871 Toll Dial-In Number 1 (647) 932-3411 Conference ID 4528692 Webcast:
Making progress in strategic transition to regulated utility OAKVILLE, ON, Nov. 7, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX:AQN) (NYSE:AQN) ("AQN" or the "Company") announced today financial results for the third quarter ended September 30, 2024. All amounts are shown in United States dollars ("U.S. $" or "$"), unless otherwise noted. "We continue to hit key milestones on our journey towards a simpler and more focused regulated business," said Chris Huskilson, Chief Executive Officer of AQN. "These successes include the announced sales of our renewables busin
OAKVILLE, ON, Nov. 7, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN") (TSX:AQN) (TSX:AQN) (TSX:AQN) (NYSE:AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: US$0.0650 per common share, payable on January 15, 2025, to the shareholders of record on December 31, 2024, for the period from October 1, 2024 to December 31, 2024. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of C$0.0901.C$0.41100 per preferred share, Series A, payable in cash on Decem
OAKVILLE, ON, Oct. 11, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX:AQN) (NYSE:AQN) ("AQN") today announced plans to release its third quarter 2024 financial results on Thursday, November 7, 2024, before market open. AQN will hold an earnings conference call at 10:00 a.m. eastern time on Thursday, November 7, 2024, hosted by Chief Executive Officer, Chris Huskilson, and Chief Financial Officer, Darren Myers. Conference call details are as follows: Date: Thursday, November 7, 2024 Time: 10:00 a.m. ET Conference Call: Toll Free Dial-In Number 1 (800) 715-9871 Toll
OAKVILLE, ON, Aug. 9, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. ("AQN" or the "Company") (TSX:AQN) (TSX:AQN) (TSX:AQN) (NYSE:AQN) announced today that the board of directors has declared the following common and preferred share dividends: US$0.0650 per common share, payable on October 15, 2024, to the shareholders of record on September 30, 2024, for the period from July 1, 2024 to September 30, 2024. Registered shareholders can elect to receive the dividend in Canadian dollars in the amount of C$0.0893.C$0.41100 per preferred share, Series A, payable on October 1
Continuing Ongoing Strategic Transition to a Pure-Play Regulated Utility Company to Hold Second Quarter Earnings Conference Call at 8:30 am E.T. OAKVILLE, ON, Aug. 9, 2024 /PRNewswire/ - Algonquin Power & Utilities Corp. (TSX:AQN) (NYSE:AQN) ("AQN" or the "Company") announced today financial results for the second quarter ended June 30, 2024. All amounts are shown in United States dollars ("U.S. $" or "$"), unless otherwise noted. "In the second quarter we continued to make significant progress on our path towards a pure play regulated utility, which we expect to enable us to