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Algonquin Power & Utilities Corp. (AQN)

Utilities | Utilities - Diversified | Oakville, Canada | NYSE
5.20 USD +0.05 (0.971%) ⇧ (Oct. 15, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 5:23 a.m. EDT

The investment case here is fractured by a severe disconnect between the headline yield and the company's actual financial health. While the 5.14% yield looks attractive on paper, the payout ratio of 108% reveals that the company is paying out more in dividends than it earns in profit, effectively burning through capital reserves to maintain the stream. This is confirmed by the negative free cash flow of nearly $81 million, indicating the dividend is currently being funded by debt or asset sales rather than operational success. Fundamentally, the business is struggling. Earnings have collapsed by 95% year-over-year, and while revenue grew slightly, the quality of that growth is questionable given the margin compression. The balance sheet is precarious with a debt-to-equity ratio exceeding 133 and a current ratio below 1.0, meaning the company cannot cover its immediate liabilities with its current assets without selling off assets or raising more expensive debt. Technically, the stock is in a downtrend, trading well below its 50-day and 200-day moving averages, which acts as a constant headwind for any recovery attempt. Although the price recently bounced slightly, the momentum remains weak. The options market reflects this pessimism, with traders aggressively buying puts to hedge against further declines, creating a heavy overhang that makes any short-term bounce fragile. The statistical forecast model offers no help, showing a flat prediction with low confidence, which suggests the market is currently stuck in a state of uncertainty rather than a clear trend. Given the unsustainable payout and deteriorating earnings, the long-term outlook is bearish until the capital structure is repaired.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.056216
AutoETS0.059451
AutoARIMA0.064385
AutoTheta0.066814

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 44%
H-stat 111.55
Ljung-Box p 0.000
Jarque-Bera p 0.086
Excess Kurtosis -1.48
Attribute Value
Sector Utilities
Ex Dividend Date 2026-09-28
Last Dividend Date 2026-09-28
Debt to Equity Ratio 133.525
Revenue per Share 3.316
Market Cap 4,003,489,792
Trailing P/E 21.67
Forward P/E 12.73
Beta 0.91
Profit Margins 5.87%
Website https://algonquinpower.com

As of Oct. 10, 2026, 5:23 a.m. EDT: Speculators are heavily positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (83% of total put volume) compared to negligible call activity. The implied volatility surface shows elevated premiums for downside strikes, suggesting a market consensus of potential further weakness rather than a rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.29% 3.45% 4.61% 5.22%
Dividend History
Date Dividend Yield %
2026-09-29 0.065 1.287129
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
dividendYield 5.0
exDividendDate 2026-09-29
trailingAnnualDividendRate 0.26
trailingAnnualDividendYield 0.050485436
lastDividendValue 0.065
lastDividendDate 2026-09-29
dividendDate 2026-10-15

Info Dump

Attribute Value
52 Week Change -0.13043481
Address1 354 Davis Road
All Time High 17.86
All Time Low 3.26
Ask 5.47
Ask Size 66,000
Audit Risk 2
Average Analyst Rating 2.6 - Hold
Average Daily Volume10 Day 4,245,550
Average Daily Volume3 Month 4,095,675
Average Volume 4,095,675
Average Volume10Days 4,245,550
Beta 0.906
Bid 5.0
Bid Size 52,900
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 5.2
Current Ratio 0.885
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 5.27
Day Low 5.1501
Debt To Equity 133.525
Display Name Algonquin Power & Utilities
Dividend Date 1,792,022,400
Dividend Yield 5.0
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 11.895
Enterprise To Revenue 4.367
Enterprise Value 11,134,889,984
Eps Current Year 0.35753
Eps Forward 0.40837
Eps Trailing Twelve Months 0.24
Esg Populated 0
Ex Dividend Date 1,790,640,000
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 905 465 4514
Fifty Day Average 5.4304
Fifty Day Average Change -0.23040009
Fifty Day Average Change Percent -0.04242783
Fifty Two Week Change Percent -13.043481
Fifty Two Week High 7.11
Fifty Two Week High Change -1.9100003
Fifty Two Week High Change Percent -0.26863578
Fifty Two Week Low 4.91
Fifty Two Week Low Change 0.28999996
Fifty Two Week Low Change Percent 0.05906313
Fifty Two Week Range 4.91 - 7.11
Financial Currency USD
First Trade Date Milliseconds 1,262,097,000,000
Five Year Avg Dividend Yield 5.79
Float Shares 712,159,253
Forward Eps 0.40837
Forward P E 12.73355
Free Cashflow -80,987,504
Full Exchange Name NYSE
Full Time Employees 3,233
Fullday Change 0.049999714
Fullday Change Percent 0.97086823
Fullday Price 5.2
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.36942002
Gross Profits 941,900,032
Has Pre Post Market Data 1
Held Percent Insiders 0.00029
Held Percent Institutions 0.65751
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 1,790,640,000
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 4,003,489,792
Market State PRE
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 4,021,246,316
Number Of Analyst Opinions 10
Open 5.24
Operating Cashflow 589,299,968
Operating Margins 0.15867
Overall Risk 4
Payout Ratio 1.0833
Phone 905 465 4500
Previous Close 5.15
Price Eps Current Year 14.544233
Price Hint 2
Price To Book 0.9021513
Price To Sales Trailing12 Months 1.5701807
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 0.0499997
Regular Market Change Percent 0.970868
Regular Market Day High 5.27
Regular Market Day Low 5.1501
Regular Market Day Range 5.1501 - 5.27
Regular Market Open 5.24
Regular Market Previous Close 5.15
Regular Market Price 5.2
Regular Market Time 1,792,094,402
Regular Market Volume 4,210,801
Return On Assets 0.023710001
Return On Equity 0.024920002
Revenue Growth 0.031
Revenue Per Share 3.316
Sand P52 Week Change 0.16207206
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Share Holder Rights Risk 7
Shares Outstanding 769,901,895
Shares Percent Shares Out 0.0191
Shares Short 14,740,471
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 16,301,295
Short Name Algonquin Power & Utilities Cor
Short Ratio 3.2
Source Interval 15
State ON
Symbol AQN
Target High Price 7.25
Target Low Price 6.0
Target Mean Price 6.575
Target Median Price 6.5
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 0.050485436
Trailing Eps 0.24
Trailing P E 21.666666
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.0039
Two Hundred Day Average Change -0.80390024
Two Hundred Day Average Change Percent -0.13389634
Type Disp Equity
Volume 4,210,801
Website https://algonquinpower.com
Zip L6J 2X1