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.
News
-
LS Power Agrees to Acquire Large Scale Renewable Energy Business from Algonquin Power & Utilities Corp.
-
Algonquin Power & Utilities Corp. Declares Third Quarter 2024 Common Share Dividend of U.S.$0.0650 (C$0.0893), and Declares Third Quarter 2024 Preferred Share Dividends
-
Algonquin Power & Utilities Corp. Announces 2024 Second Quarter Financial Results
-
Algonquin Power & Utilities Corp. Agrees to Sell Renewable Energy Business to LS Power for up to $2.5 Billion
-
Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2024 Financial Results and Conference Call
-
Atlantica Sustainable Infrastructure's stock falls on $2.6 billion buyout deal that's below recent trading price
-
Toronto Stocks Unchanged, Transat Shares Down on Weaker Margin Outlook
-
Toronto Stocks Flat; Algonquin Power Rises on Higher 4Q Profit, Rosy Outlook for 2024
Trading Information
- Previous Close Price
- CAD 7.24
- Day Range
- CAD 7.10–7.24
- 52-Week Range
- CAD 6.75–9.28
- Bid/Ask
- CAD 7.12 / CAD 7.14
- Market Cap
- CAD 5.48 Bil
- Volume/Avg
- 4.4 Mil / 3.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 10.68
- Price/Sales
- 1.41
- Dividend Yield (Trailing)
- 7.39%
- Dividend Yield (Forward)
- 4.93%
- Total Yield
- 7.39%
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
|
INE
|
BLX
|
---|---|---|---|
Price/Earnings (Normalized) | 10.68 | 1,126.12 | 32.50 |
Price/Book Value | 0.68 | 2.19 | 2.14 |
Price/Sales | 1.41 | 2.16 | 3.79 |
Price/Cash Flow | 5.17 | 7.32 | 7.64 |
Price/Earnings
AQN
INE
BLX
Financial Strength
Metric
|
AQN
|
INE
|
BLX
|
---|---|---|---|
Quick Ratio | 0.45 | 0.44 | 0.88 |
Current Ratio | 0.97 | 0.57 | 0.96 |
Interest Coverage | 0.57 | 0.47 | 2.40 |
Quick Ratio
AQN
INE
BLX
Profitability
Metric
|
AQN
|
INE
|
BLX
|
---|---|---|---|
Return on Assets (Normalized) | 1.94% | −0.88% | 2.18% |
Return on Equity (Normalized) | 7.03% | −7.80% | 8.64% |
Return on Invested Capital (Normalized) | 3.89% | 2.29% | 3.80% |
Return on Assets
AQN
INE
BLX
Utilities - Renewable Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
Constellation Energy Corp
CEG
| — | Tkhq | $86.7 Bil | |||
GE Vernova Inc
GEV
| Sxxxswfk | Rgmh | $70.0 Bil | |||
Verbund AG ADR
OEZVY
| — | Lvh | $28.2 Bil | |||
Orsted AS ADR
DNNGY
| — | Zgdvspv | $26.7 Bil | |||
Orsted AS
DOGEF
| — | Mfhbm | $26.7 Bil | |||
CEZ AS
CZAVF
| — | Vcmxqtd | $20.3 Bil | |||
EDP Renovaveis SA ADR
EDRVY
| — | Qplw | $17.0 Bil | |||
EDP Renovaveis SA
EDRVF
| — | Pdwwk | $17.0 Bil | |||
Brookfield Renewable Partners LP
BEP
| Kbgsfndrbl | Cwmqx | $7.7 Bil | |||
Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)
BEPC
| Gsrkpjkfnv | Pfd | $5.7 Bil |