This move is archived. Current quotes and coverage live on the stock page.
Get AQN alerts:
Algonquin Power & Utilities Corp (AQN.TO) saw a positive uptick, gaining 0.72% in the latest trading session.
In this session, Algonquin's stock rose to CA$8.35, reflecting investor confidence in the company's strategies and position in the utilities sector.
Advertisement
Algonquin Power & Utilities Corp
AQN.TO
AQN.TO
Algonquin Power & Utilities Corp
WealthAwesomeMarket cap
$6.05B
P/E
23.8x
Div. yield
3.23%
Div. / share
$0.26
52W high
$9.48
52W low
$7.03
1W change
-0.99%
Beta
0.90
Analyst Price Targets
Based on analyst covering AQN
Wall Street analysts forecast AQN stock price to rise 18.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$9.54
+18.7% Upside
Current Price
C$8.04
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AQN's historical volatility
30-Day Vol
20.2%
Annualized
90-Day Vol
21.4%
Annualized
Trend (90d)
-15.4%
Annualized drift
90d Mean
C$7.61
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$7.89 | C$7.36 โ C$8.46 |
| 60 trading days | C$7.75 | C$7.02 โ C$8.55 |
| 90 trading days | C$7.61 | C$6.75 โ C$8.59 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: Despite no recent news, Algonquin's steady performance and strong fundamentals make it a solid choice for investors seeking stability in utilities.
Algonquin's Stock Climbs 0.72%
With a market cap of CA$6.48 billion and a dividend yield of 3.09%, Algonquin Power & Utilities Corp continues to attract those looking for reliable returns.
Bull case
Algonquin's market cap of CA$6.48 billion and a P/E ratio of 23.03 indicate that the stock is fairly valued based on its earnings potential. The company's commitment to sustainable energy and consistent dividend payouts enhance its attractiveness to investors.
Bear case
While the recent gain is promising, investors should stay cautious. The stock's performance can be affected by broader market trends and regulatory changes in the utilities sector, which may pose risks to future growth.
Recent Performance Overview
Advertisement
Algonquin Power & Utilities Corp's stock has shown resilience, gaining 0.72% in the last trading session. Investors are responding positively to the company's fundamentals, which include a solid profit margin of 6.72% and a commitment to sustainable energy practices.
Market Position and Future Outlook
With a market cap of CA$6.48 billion, Algonquin is well-positioned in the utilities sector. The company's focus on expanding its renewable energy portfolio could drive future growth, making it an appealing option for long-term investors. For more insights, check out the Algonquin Power & Utilities Corp stock page.
Investment Considerations
Investors should balance the potential for steady returns against the risks of regulatory changes and market fluctuations. The current dividend yield of 3.09% offers an attractive incentive for holding the stock, especially in a low-interest-rate environment.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
