Algonquin Power & Utilities Corp AQN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if AQN is a good fit for your portfolio.
News
-
Algonquin Power & Utilities Corp. to Add Brett Carter and Christopher Lopez to the Board of Directors
-
Algonquin Power & Utilities Corp. Announces Date for First Quarter 2024 Financial Results and Conference Call
-
Algonquin Power & Utilities Corp. Announces Successful Remarketing of 1.18% Senior Notes due 2026
-
Algonquin Comments on Starboard Value Director Nominations
-
Algonquin Power & Utilities Corp. Announces Results of Exercise of Conversion Rights of Cumulative Rate Reset Preferred Shares, Series D
-
Toronto Stocks Flat; Algonquin Power Rises on Higher 4Q Profit, Rosy Outlook for 2024
-
Algonquin Power & Utilities Corp. Declares First Quarter 2024 Common Share Dividend of U.S.$0.1085 (C$0.1468), and Declares First Quarter 2024 Preferred Share Dividends
-
Algonquin Power & Utilities Corp. Announces 2023 Fourth Quarter and Full Year Financial Results
Trading Information
- Previous Close Price
- CAD 8.31
- Day Range
- CAD 8.25–8.49
- 52-Week Range
- CAD 6.75–12.31
- Bid/Ask
- CAD 8.35 / CAD 8.45
- Market Cap
- CAD 5.80 Bil
- Volume/Avg
- 1.8 Mil / 3.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 11.67
- Price/Sales
- 1.58
- Dividend Yield (Trailing)
- 6.95%
- Dividend Yield (Forward)
- 6.98%
- Total Yield
- 7.04%
Company Profile
Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Mid Value
- Total Number of Employees
- 3,946
- Website
- https://www.algonquinpower.com
Comparables
Valuation
Metric
|
AQN
|
RNW
|
H
|
---|---|---|---|
Price/Earnings (Normalized) | 11.67 | 41.98 | 21.04 |
Price/Book Value | 0.89 | 2.02 | 1.94 |
Price/Sales | 1.58 | 6.72 | 2.89 |
Price/Cash Flow | 5.95 | 14.81 | 10.51 |
Price/Earnings
AQN
RNW
H
Financial Strength
Metric
|
AQN
|
RNW
|
H
|
---|---|---|---|
Quick Ratio | 0.34 | 0.78 | 0.45 |
Current Ratio | 0.63 | 0.87 | 0.50 |
Interest Coverage | 0.32 | 2.76 | 3.23 |
Quick Ratio
AQN
RNW
H
Profitability
Metric
|
AQN
|
RNW
|
H
|
---|---|---|---|
Return on Assets (Normalized) | 2.07% | 2.33% | 3.42% |
Return on Equity (Normalized) | 7.46% | 4.35% | 9.50% |
Return on Invested Capital (Normalized) | 3.61% | 3.09% | 5.88% |
Return on Assets
AQN
RNW
H
Utilities - Renewable Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
CEG
| Constellation Energy Corp | — | Gstcjfb | $59.3 Bil | |
GEV
| GE Vernova Inc | Dctfhjbf | Yyc | $40.2 Bil | |
OEZVY
| Verbund AG ADR | — | Pyf | $26.1 Bil | |
OEZVF
| Verbund AG Class A | — | Ymf | $26.0 Bil | |
DNNGY
| Orsted A/S ADR | — | Smmqryz | $23.4 Bil | |
DOGEF
| Orsted A/S | — | Cyrpgy | $23.1 Bil | |
CZAVF
| CEZ a.s | — | Mthckz | $19.3 Bil | |
EBR
| Centrais Eletricas Brasileiras SA ADR | — | Jwg | $16.5 Bil | |
BEP
| Brookfield Renewable Partners LP | Cyjyyxdhy | Yclsz | $6.2 Bil | |
BEPC
| Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting) | Tkxvwgjjnb | Pjlk | $4.2 Bil |