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How to buy Algonquin Power & Utilities stock in Canada

Algonquin Power & Utilities stock has moved -0.07% from yesterday's closing price. Learn how to easily invest in Algonquin Power & Utilities stock.

Algonquin Power & Utilities is an utilities-renewable business based in the US. Algonquin Power & Utilities stocks (AQN.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $7.555 – a decrease of 1.56% over the previous week. Algonquin Power & Utilities employs 3,445 staff and has a trailing 12-month revenue of around $2.6 billion.

How to buy Algonquin Power & Utilities stock

  1. Open a stock trading account. Use our comparison table or choose from our Top Picks.
  2. Confirm your payment details. Fund your account with a bank transfer, debit card or credit card and take advantage of any signup bonuses.
  3. Search for the stock by name or ticker symbol – AQN. It's that simple.

Algonquin Power & Utilities stock price (NYSE:AQN)

Use our graph to track the performance of AQN stocks over time.

Algonquin Power & Utilities shares at a glance

Information last updated 2022-11-28.
Latest market close$7.55
52-week range$7.41 - $15.56
50-day moving average $10.53
200-day moving average $13.36
Wall St. target price$11.70
PE ratio 107.5
Dividend yield $0.703 (9.42%)
Earnings per share (TTM) $0.07

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Is it a good time to buy Algonquin Power & Utilities stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Algonquin Power & Utilities price performance over time

Historical closes compared with the close of $7.55 from 2022-11-30

1 week (2022-11-20) N/A
1 month (2022-10-28) N/A
3 months (2022-09-01) -44.97%
6 months (2022-06-01) -47.20%
1 year (2021-12-01) -43.87%
2 years (2020-12-01) -52.63%
3 years (2019-11-29) 13.96
5 years (2017-12-01) 11.13

Is Algonquin Power & Utilities under- or over-valued?

Valuing Algonquin Power & Utilities stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Algonquin Power & Utilities's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Algonquin Power & Utilities's P/E ratio

Algonquin Power & Utilities's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 108x. In other words, Algonquin Power & Utilities shares trade at around 108x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Algonquin Power & Utilities's EBITDA

Algonquin Power & Utilities's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $911.9 million.

The EBITDA is a measure of a Algonquin Power & Utilities's overall financial performance and is widely used to measure a its profitability.

Algonquin Power & Utilities financials

Revenue TTM $2.6 billion
Operating margin TTM 17.56%
Gross profit TTM $864.3 million
Return on assets TTM 1.68%
Return on equity TTM -1.05%
Profit margin 1.45%
Book value $7.58
Market capitalisation $5.1 billion

TTM: trailing 12 months

Algonquin Power & Utilities share dividends

Dividend payout ratio: 101.86% of net profits

Recently Algonquin Power & Utilities has paid out, on average, around 101.86% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Algonquin Power & Utilities shareholders could enjoy a 9.42% return on their shares, in the form of dividend payments. In Algonquin Power & Utilities's case, that would currently equate to about $0.703 per share.

Algonquin Power & Utilities's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Algonquin Power & Utilities's most recent dividend payout was on 12 January 2023. The latest dividend was paid out to all shareholders who bought their shares by 28 December 2022 (the "ex-dividend date").

Algonquin Power & Utilities share price volatility

Over the last 12 months, Algonquin Power & Utilities's shares have ranged in value from as little as $7.41 up to $15.556. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Algonquin Power & Utilities's is 0.3543. This would suggest that Algonquin Power & Utilities's shares are less volatile than average (for this exchange).

Algonquin Power & Utilities overview

Algonquin Power & Utilities Corp. , through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment operates a portfolio of rate-regulated utilities located in the United States, Canada, Chile, and Bermuda. Its utilities provide distribution services to approximately 1,093,000 customer connections in the electric, natural gas, and water and wastewater sectors The Renewable Energy Group segment generates and sells electrical energy, capacity, ancillary products, and renewable attributes produced by its portfolio of renewable and clean power generation facilities primarily in the United States and Canada. It owns and operates hydroelectric, wind, solar, and thermal facilities; and owns and operates a portfolio of clean energy and water infrastructure assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

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