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Algonquin Power & Utilities: Value Play With A 5.8% Yield

  • We were lucky to exit pre-market on the dividend cut announcement. The stock has gone far lower than what we would expect and is now turning into a value play. We tell you how we are playing it and also look at the preferred shares yielding 7%.
    01/22/2025

Algonquin Power & Utilities Corp. (AQN) Q3 2024 Earnings Call Transcript

  • Algonquin Power & Utilities Corp. (NYSE:AQN ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Brian Chin – Vice President-Investor Relations Chris Huskilson – Chief Executive Officer Darren Myers – Chief Financial Officer Conference Call Participants Rupert Merer – National Bank Mark Jarvi – CIBC Sean Steuart – TD Cowen Rob Hope – Scotiabank Operator Hello, and welcome to the Algonquin Power & Utilities Corp. Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
    11/07/2024
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Algonquin Power & Utilities Corp. (AQNU) can hold. Click on Rating Page for detail.

The price of Algonquin Power & Utilities Corp. (AQNU) is 19.34 and it was updated on 2025-06-30 07:01:34.

Currently Algonquin Power & Utilities Corp. (AQNU) is in undervalued.

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Algonquin Power & Utilities to sell renewable energy business for up to $2.5 bln

  • Canada's Algonquin Power & Utilities Corp said on Friday that it is selling its renewable energy business, excluding hydropower operations, to a wholly-owned subsidiary of LS Power for up to $2.5 billion.
    Fri, Aug. 09, 2024

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

  • 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.
    Fri, Jan. 26, 2024

The More It Drops, The More I Buy

  • The recent sell-off in utilities, financials, and precious metals stocks is due to rising treasury yields as a result of hawkish comments from Federal Reserve officials and robust economic data. We explain why this sell-off is unlikely to last. We also share some of our top picks that we are buying on the dip.
    Fri, Jan. 19, 2024

Starboard Value Now Owns 5.10% of Algonquin Power & Utilities (AQN)

  • Fintel reports that Starboard Value has filed a 13D/A form with the SEC disclosing ownership of 34.89MM shares of Algonquin Power & Utilities Corp (AQN).
    Mon, Jul. 10, 2023

Big Question for Algonquin Power & Utilities: Sell or Not to Sell Renewables Biz?

  • While a sale of the Renewable Energy Group could simplify Algonquin's story with investors, risks are associated with doing so.
    Tue, May. 16, 2023
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Algonquin: Switch The Commons For The 14% Yield Equity Units

  • Algonquin just cut its dividend to common shareholders by 40% for a rightsized 5.4% forward yield. This was on the back of interest expenses up 62% year-over-year during its fiscal 2022 fourth quarter and against a total debt position of $7.55 billion.
  • 03/26/2023

Stock Market Sell-Off: Is Algonquin Power & Utilities a Buy?

  • The company's stock fell hard, but investors should think twice before buying this discounted high-yield stock.
  • 02/23/2023

Why Algonquin Power & Utilities Stock Crashed 51.7% in 2022

  • Will Algonquin stock recover in 2023? Its upcoming investor and analyst day event should give you the answers.
  • 01/11/2023

Algonquin And Atlantica Sustainable: Paying The Piper

  • The news out of Algonquin Power & Utilities Corp. was bad. But investors might be surprised at the magnitude of the reaction.
  • 11/13/2022

Why Algonquin Power & Utilities Plunged 19.4% Friday Morning

  • Third-quarter earnings weren't what investors expected.
  • 11/11/2022
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