Algonquin Power & Utilities Stock Buy or Sell? AQN Stocks Forecast

Market Capitalization: 4 055 589 000 $
EBITDA: 937 167 000 $
Price to Earnings: None
Quarterly Earnings Growth YOY: 1.998
Quarterly Revenue Growth YOY: -0.06
Trailing PE: -
Forward PE: 11.12
Shares Outstanding: 689140000






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Algonquin Power & Utilities Stock Buy or Sell? AQN Stocks Analytic Forecasts

Updated on February 24, 2024 (09:14)

Algonquin Power & Utilities Corp. (AQN prediction charts) Sector: Utilities

We present you the most up-to-date and complete review of analytical trend forecasts and views on the AQN stock market. Experts share their opinions on what to expect from the Algonquin Power & Utilities Corp. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Algonquin Power & Utilities stocks.

Algonquin Power & Utilities Corp. Stock Market Experts’ Analysis and Forecasting – Sell or Buy AQN Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Pacifica Yield and is titled

“Algonquin: Searching For Value After The Collapse, 7.1% Dividend Yield”

is published on January 26 (2024) and has 0 likes. The review predicts Neutral market trend.

It summarize the following theses:

  • Algonquin is looking to divest its renewable energy group to address debt and keep its investment-grade credit rating.
  • The utility is currently paying out a 7.1% dividend yield that’s 224% covered by adjusted FFO realized during its most recent quarter.
  • A sale of its 42% stake in Atlantica Sustainable Infrastructure would have to be completed against poor stock market conditions for renewables.

The author starts his analytic review with the following:

Algonquin Power & Utilities Corp. (NYSE:AQN) has lost roughly 17% of its value over the last year with total returns still poor at 12% following a $0.07 per share dividend reduction. The utility company last paid a quarterly cash dividend of $0.1085 per share, left unchanged sequentially and $0.434 per share annualized for a 7.12% dividend yield. I’ve owned a small position in the equity units of (NYSE:AQNU) for a while now, recommending them over the commons when I last covered the ticker. These have performed better on a total return basis with a lower loss of 6.1%, however, they come with a mandatory conversion to the common shares on June 15, 2024.

This author is very popular among the auditory. He has 10604 followers

Pacifica Yield is the contributor of experts community since 2015 and has a great number of published articles – 874.


One more noteworthy article is written by Trapping Value under the title

“Algonquin: More Upside Ahead, But Keep Your Eyes On The Exit”

on December 18 (2023) and has 3 likes. The expert reflects Bullish trend of the market.

Нis theses make you think about whether to add AQN stocks to your investment portfolio or not, and helps to work out your own Algonquin Power & Utilities stock selling strategies:

  • Algonquin Power & Utilities Corp. delivered a solid performance from our last update and justified the buy rating.
  • The company is in the process of finding a new CEO and selling its renewable division, which may take 2-3 quarters.
  • We tell you why we are looking for some more upside but the company’s mediocre performance likely means that you won’t squeeze much more.

Trapping Value starts analysis with such words:

In our last coverage of Algonquin Power & Utilities Corp. (NYSE:AQN) (TSX:AQN:CA) we shifted off the sidelines and offered that there were some reasons to be optimistic. The company had fleas and the broken strategy still needed time for repair. The income investors had flown out as the dividend cut was delivered. But the valuation had finally improved enough that we could make a long pitch at $5.60.

This author is very popular among the auditory. He has 40870 followers

Trapping Value is the contributor of experts community since 2017. Has published at least 2015 articles.


Another analysis presented by Bram de Haas came out on November 26 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for AQN stocks. It sounds like

“Algonquin Power’s Valuation Gap: Uncovering The Investment Potential”

Article has got 0 likes at the moment and forecasting Strong Bullish trend of the market.

Summarizing the information presented in the review concerning the Algonquin Power & Utilities Corp., the expert says the following:

  • Algonquin Power & Utilities Corp. trades at a discount to utility peers with a solid portfolio of generating assets.
  • The company is focused on simplifying and streamlining its operations.
  • Algonquin is selling its renewable energy business to capture the valuation uplift and secure future investment grade bond ratings.

And here, what comes first:

Algonquin Power & Utilities (NYSE:AQN) trades at a notable discount to peers. A divergence from its historical patterns where it often commanded a premium. This change suggests an opportunity here, and I believe there is.

This author is very popular among the auditory. He has 18168 followers.

Bram de Haas is the contributor of experts community since 2013 and has at least 1176 analytic reviews published.


The Share Price of Algonquin Power & Utilities Corp. (AQN) for now

What analysts predict: $7.29
52-week high/low: $8.72 / $4.818

50/200 Day Moving Average: $6.16 / $6.94

The average stock price over the previous 50/200 days. For Algonquin Power & Utilities stocks, the 50-day moving average is the resistance level for now. For AQN stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for AQN stock with charts and tables

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