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Algonquin Power & Utilities Corp. (AQN)

Utilities | Utilities - Diversified | Oakville, Canada | NYSE
5.66 USD -0.02 (-0.352%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 5.73 +0.07 (1.237%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 5:32 a.m. EDT

The investment case here is defined by a stark disconnect between the company's deteriorating operational reality and its attractive yield. Fundamentally, the business is struggling: earnings have collapsed by nearly 95%, free cash flow is negative, and the stock has erased roughly 38% of its value over the last nine years despite a recent technical bounce. While the trailing twelve-month revenue growth is a modest 3.1%, the massive debt load and negative cash burn suggest the company is burning capital to stay afloat rather than generating wealth. The dividend, while yielding over 4%, is a liability rather than a safety net. With a payout ratio exceeding 100%, the company is paying out more in dividends than it earns in profit, effectively cannibalizing cash reserves needed for operations. This makes the yield unsustainable in the long run; it is a 'yield trap' designed to attract income seekers who may not see the balance sheet eroding beneath them. Technically, the stock is hovering near its 200-day moving average, showing some resilience, but the statistical forecast models offer no guidance, reflecting the noise and uncertainty surrounding the asset. The options market reveals a speculative undercurrent, with traders buying deep out-of-the-money calls hoping for a turnaround, but this is not a signal of institutional confidence. For a rational investor, the combination of negative earnings growth, a payout ratio above 100%, and a multi-year structural decline warrants a cautious stance. The stock is currently trading at a discount to book value, which offers a margin of safety only if the company can successfully deleverage and stabilize operations, but the path forward is obscured by significant financial distress.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.019180
AutoTheta0.019207
AutoETS0.019221
MSTL0.019488

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 42%
H-stat 3.53
Ljung-Box p 0.000
Jarque-Bera p 0.018
Excess Kurtosis 0.63
Attribute Value
Sector Utilities
Ex Dividend Date 2026-09-28
Last Dividend Date 2026-06-29
Debt to Equity Ratio 133.525
Revenue per Share 3.316
Market Cap 4,357,644,800
Trailing P/E 23.58
Forward P/E 13.89
Beta 0.90
Profit Margins 5.87%
Website https://algonquinpower.com

As of Aug. 22, 2026, 5:32 a.m. EDT: Speculator positioning is mixed and lacks clear directional conviction. Call volume is heavily skewed toward deep out-of-the-money strikes (7.5 and 7.50), suggesting a speculative hope for a sharp recovery, while put volume concentrates at the money and slightly out-of-the-money, indicating a hedge against further downside. The implied volatility surface shows elevated premiums for deep OTM calls relative to the current price, hinting at a 'lottery ticket' mentality rather than a structured bullish thesis. However, the lack of significant open interest buildup at near-term strikes suggests the market is currently waiting for a catalyst rather than actively betting on immediate movement.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.11% 2.17% 4.76% 5.19%
Dividend History
Date Dividend Yield %
2026-06-30 0.065 1.109215
2026-03-31 0.065 1.058632
2025-06-30 0.065 1.134380
2025-03-31 0.065 1.264591
2024-12-31 0.065 1.460674
2024-09-27 0.065 1.175407
2024-06-28 0.109 1.860068
2024-03-27 0.109 1.744000
2023-12-28 0.109 1.724683
2023-09-27 0.109 1.735669
2023-06-29 0.109 1.310096
2023-03-30 0.109 1.270396
2022-12-29 0.181 2.754947
2022-09-28 0.181 1.560345
2022-06-29 0.181 1.344725
2022-03-30 0.171 1.103226
2021-12-30 0.171 1.185031
2021-09-28 0.171 1.152291
2021-06-29 0.171 1.140000
2021-03-30 0.155 0.989151
2020-12-30 0.155 0.938257
2020-09-29 0.155 1.084675
2020-06-29 0.155 1.208106
2020-03-30 0.141 1.117274
2019-12-30 0.141 1.002132
2019-09-27 0.141 1.032967
2019-06-27 0.141 1.166253
2019-03-28 0.128 1.146953
2018-12-28 0.128 1.291625
2018-09-27 0.128 1.246349
2018-06-28 0.128 1.340314
2018-03-28 0.117 1.181818
2017-12-28 0.117 1.047449
2017-09-28 0.117 1.109005
2017-06-28 0.117 1.096532
2017-03-29 0.117 1.222571
2016-12-28 0.106 1.263409
2016-09-28 0.106 1.169978
2016-06-28 0.106 1.175166
2016-03-29 0.096 1.163636
2015-12-29 0.096 1.195517
2015-09-28 0.096 1.403509
2015-06-26 0.096 1.216730
2015-03-27 0.087 1.178862
2014-12-29 0.087 1.043165
2014-09-26 0.088 1.113924
2014-06-26 0.079 1.044974
2014-03-27 0.077 1.104735
2013-12-27 0.080 1.179941
Additional Data
dividendRate 0.26
dividendYield 4.58
exDividendDate 2026-09-29
trailingAnnualDividendRate 0.26
trailingAnnualDividendYield 0.045774646
lastDividendValue 0.065
lastDividendDate 2026-06-30
dividendDate 2026-10-15

Info Dump

Attribute Value
52 Week Change 0.0017699003
Address1 354 Davis Road
All Time High 17.86
All Time Low 3.26
Ask 5.68
Ask Size 50,900
Audit Risk 2
Average Analyst Rating 2.6 - Hold
Average Daily Volume10 Day 3,170,260
Average Daily Volume3 Month 4,084,696
Average Volume 4,084,696
Average Volume10Days 3,170,260
Beta 0.9
Bid 5.54
Bid Size 73,300
Board Risk 4
Book Value 5.764
City Oakville
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 5.66
Current Ratio 0.885
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 5.755
Day Low 5.635
Debt To Equity 133.525
Display Name Algonquin Power & Utilities
Dividend Date 1,792,022,400
Dividend Rate 0.26
Dividend Yield 4.58
Earnings Call Timestamp End 1,786,105,800
Earnings Call Timestamp Start 1,786,105,800
Earnings Growth -0.954
Earnings Quarterly Growth -0.851
Earnings Timestamp 1,786,105,800
Earnings Timestamp End 1,793,968,200
Earnings Timestamp Start 1,793,968,200
Ebitda 936,099,968
Ebitda Margins 0.36714
Enterprise To Ebitda 12.273
Enterprise To Revenue 4.506
Enterprise Value 11,489,044,480
Eps Current Year 0.35635
Eps Forward 0.40753
Eps Trailing Twelve Months 0.24
Esg Populated 0
Ex Dividend Date 1,790,640,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 905 465 4514
Fifty Day Average 5.8052
Fifty Day Average Change -0.14520025
Fifty Day Average Change Percent -0.025012102
Fifty Two Week Change Percent 0.17699003
Fifty Two Week High 7.11
Fifty Two Week High Change -1.4500003
Fifty Two Week High Change Percent -0.20393816
Fifty Two Week Low 5.32
Fifty Two Week Low Change 0.33999968
Fifty Two Week Low Change Percent 0.06390971
Fifty Two Week Range 5.32 - 7.11
Financial Currency USD
First Trade Date Milliseconds 1,262,097,000,000
Five Year Avg Dividend Yield 6.22
Float Shares 623,782,214
Forward Eps 0.40753
Forward P E 13.888547
Free Cashflow -80,987,504
Full Exchange Name NYSE
Full Time Employees 3,233
Fullday Change -0.02
Fullday Change Percent -0.352112
Fullday Price 5.73
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.36942002
Gross Profits 941,900,032
Has Pre Post Market Data 1
Held Percent Insiders 0.00029
Held Percent Institutions 0.70675004
Implied Shares Outstanding 769,901,895
Industry Utilities - Diversified
Industry Disp Utilities - Diversified
Industry Key utilities-diversified
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,782,777,600
Last Dividend Value 0.065
Last Fiscal Year End 1,767,139,200
Long Business Summary Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,000 customer connections. Its regulated electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, as well as in Bermuda with approximately 311,000 electric customer connections. Its regulated water distribution and wastewater utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York, and Texas, as well as in Chile with approximately 583,000 customer connections. It's regulated natural gas distribution utility systems are located in the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire, and New York; and in the Canadian province of New Brunswick with approximately 378,000 natural gas customer connections. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. It generates and sells hydroelectric energy in Canada, and capacity and renewable attributes are produced by its portfolio of 14 hydroelectric power generation facilities located in the provinces of Alberta, Ontario, New Brunswick, and Quebec. As of December 31, 2025, it had a combined gross generating capacity of approximately 112 megawatts (MW) and a combined net generating capacity of approximately 105 MW. The company was formerly known as Traduction Militech Translation Inc. in October 2009. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
Long Name Algonquin Power & Utilities Corp.
Market us_market
Market Cap 4,357,644,800
Market State CLOSED
Max Age 86,400
Message Board Id finmb_882318
Most Recent Quarter 1,782,777,600
Net Income To Common 188,400,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,360,962,740
Number Of Analyst Opinions 10
Open 5.7
Operating Cashflow 589,299,968
Operating Margins 0.15867
Overall Risk 4
Payout Ratio 1.0833
Phone 905 465 4500
Post Market Change 0.07000017
Post Market Change Percent 1.2367522
Post Market Price 5.73
Post Market Time 1,787,959,805
Previous Close 5.68
Price Eps Current Year 15.88326
Price Hint 2
Price To Book 0.98195696
Price To Sales Trailing12 Months 1.7090813
Profit Margins 0.058709998
Quick Ratio 0.387
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.58333
Region US
Regular Market Change -0.02
Regular Market Change Percent -0.352112
Regular Market Day High 5.755
Regular Market Day Low 5.635
Regular Market Day Range 5.635 - 5.755
Regular Market Open 5.7
Regular Market Previous Close 5.68
Regular Market Price 5.66
Regular Market Time 1,787,947,202
Regular Market Volume 3,669,700
Return On Assets 0.023710001
Return On Equity 0.024920002
Revenue Growth 0.031
Revenue Per Share 3.316
Sand P52 Week Change 0.20204377
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Share Holder Rights Risk 7
Shares Outstanding 769,901,895
Shares Percent Shares Out 0.021300001
Shares Short 13,331,261
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 11,001,152
Short Name Algonquin Power & Utilities Cor
Short Ratio 4.29
Source Interval 15
State ON
Symbol AQN
Target High Price 7.25
Target Low Price 6.0
Target Mean Price 6.75
Target Median Price 7.0
Total Cash 55,000,000
Total Cash Per Share 0.071
Total Debt 6,645,799,936
Total Revenue 2,549,700,096
Tradeable 0
Trailing Annual Dividend Rate 0.26
Trailing Annual Dividend Yield 0.045774646
Trailing Eps 0.24
Trailing P E 23.583334
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.13195
Two Hundred Day Average Change -0.47195005
Two Hundred Day Average Change Percent -0.07696574
Type Disp Equity
Volume 3,669,700
Website https://algonquinpower.com
Zip L6J 2X1