Latest news with #AlgonquinPower
Yahoo
14-07-2025
- Business
- Yahoo
Algonquin: Buy, Sell, or Hold in July 2025?
Written by Demetris Afxentiou at The Motley Fool Canada The market is full of great, long-term picks that don't always reflect their potential in the current stock price. One such stock that has investors questioning whether to buy, sell, or hold right now is Algonquin Power & Utilities (TSX:AQN). Here's a look at the stock, taking a lens on answering whether investors should buy, sell, or hold Algonquin now. For those unfamiliar with the stock, Algonquin is a utility stock. The company offers regulated utility services, which include water, electric and gas services. The sheer necessity of those services makes Algonquin a viable inclusion in any portfolio from a predictable revenue generation aspect. More importantly, that predictability makes Algonquin a solid defensive option. That reliable revenue stream also allows Algonquin to pay out a handsome quarterly dividend. As of the time of writing, that dividend works out to a yield of 4.6%. If that were the entire case to consider, Algonquin, the buy, sell, or hold question would be easy to answer. Unfortunately, Algonquin is coming off a long run of disappointing results, high debt, and a recent cut to its dividend. Much of that can be traced back to Algonquin's attempts at establishing a high-growth portfolio of renewable energy facilities. The company finally sold off those facilities and turned its focus to regulated utilities earlier this year. What prospective investors looking to buy Algonquin should focus on are three key areas. First, the future potential of the stock (which is huge). Next, the quarterly dividend (which is lower, but more sustainable). And finally, the reliable revenue generator that Algonquin has become. Existing investors, particularly those who are seeking higher returns, may find that now is a good time for an option sell. This is especially prudent given the stock's recent rise this year. Specifically, as of the time of writing, Algonquin boasts a 24% gain year-to-date. This pales in comparison to the one-year and five-year losses, which work out to -6% and -54%, respectively. Adding to those woes is the fact that despite those efforts to turn the business around, Algonquin still has considerable debt and a still-high payout ratio on its dividend. To put it another way, despite recent gains, this is still a very volatile stock that has a ways to go in its recovery. Existing investors who lack that appetite for risk may be compelled to exit their position now that the stock is trading up this year. There is one final option for existing investors, and that is to hold. While Algonquin remains fairly volatile, the company has seen improvements in its business. And more importantly, those improvements aren't entirely reflected in its still deflated stock price. Specifically, there's the sale of its renewable business. That was a significant turning point for Algonquin, which shifted the company from a growth focus to a regulated utility model. Regulated utilities generate a reliable revenue stream that often leaves room for growth while also paying out a handsome dividend. And while Algonquin isn't fully there yet, it has made significant progress. In fact, during the most recent quarterly update, Algonquin reported net earnings of $95.4 million. This was a noted improvement over the $56.8 million loss reported in the same period last year. That fact alone shows why existing investors contemplating to buy, sell, or hold this utility stock may want to hold their existing position. Algonquin is one of the stocks that can provide a juicy income and growth potential, but it's not without some risk. In my opinion, a small position in Algonquin is warranted for those looking to add a utility stock that can generate income. For existing investors with higher entry points, this is an ideal time to pick up more, potentially lowering your average cost. And for those existing investors seeking an exit, Algonquin's healthy year-to-date gains may serve as an appropriate off-ramp. Finally, let's acknowledge those existing investors with longer timelines. If there's also an ability to a tolerate some risk, those investors could see a big upside from owning Algonquin stock. Buy, sell, or hold – Algonquin has something for each investor. The post Algonquin: Buy, Sell, or Hold in July 2025? appeared first on The Motley Fool Canada. Before you buy stock in Algonquin Power and Utilities, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Algonquin Power and Utilities wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Demetris Afxentiou has positions in Algonquin Power & Utilities. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
03-07-2025
- Business
- Globe and Mail
Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2025 Financial Results and Conference Call
Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ('AQN') today announced plans to release its second quarter 2025 financial results on Friday, August 8, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, August 8, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Conference call details are as follows: About Algonquin Power & Utilities Corp. and Liberty Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN's common shares, preferred shares, Series A, and preferred shares, Series D are listed on the Toronto Stock Exchange under the symbols AQN, and respectively. AQN's common shares and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN and AQNB, respectively.
Yahoo
03-07-2025
- Business
- Yahoo
Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2025 Financial Results and Conference Call
OAKVILLE, Ontario, July 03, 2025--(BUSINESS WIRE)--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ("AQN") today announced plans to release its second quarter 2025 financial results on Friday, August 8, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, August 8, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Conference call details are as follows: Date: Friday, August 8, 2025 Time: 8:30 a.m. ET Conference Call: Toll Free Dial-In Number 1 (800) 715-9871 Toll Dial-In Number 1 (647) 932-3411 Conference ID 8782985 Webcast: Presentation also available at: About Algonquin Power & Utilities Corp. and Liberty Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN's common shares, preferred shares, Series A, and preferred shares, Series D are listed on the Toronto Stock Exchange under the symbols AQN, and respectively. AQN's common shares and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN and AQNB, respectively. Visit AQN at and follow us on @AQN_Utilities. View source version on Contacts Investor Inquiries: Alison HolditchManager, Investor RelationsAlgonquin Power & Utilities Corp.E-mail: InvestorRelations@ Telephone: (905) 465-4500Media Inquiries: Stephanie BoseSenior Director, Corporate CommunicationsAlgonquin Power & Utilities Corp.E-mail: Telephone: (905) 465-4500
National Post
03-07-2025
- Business
- National Post
Algonquin Power & Utilities Corp. Announces Date for Second Quarter 2025 Financial Results and Conference Call
Article content OAKVILLE, Ontario — Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ('AQN') today announced plans to release its second quarter 2025 financial results on Friday, August 8, 2025, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, August 8, 2025, hosted by Chief Executive Officer, Rod West, and Interim Chief Financial Officer and Vice President of Investor Relations, Brian Chin. Article content Conference call details are as follows: Article content Article content Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN's common shares, preferred shares, Series A, and preferred shares, Series D are listed on the Toronto Stock Exchange under the symbols AQN, and respectively. AQN's common shares and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN and AQNB, respectively. Article content Article content Article content Article content Article content Contacts Article content Investor Inquiries: Article content Article content Alison Holditch Article content Article content Article content E-mail: Article content InvestorRelations@ Article content Article content Telephone: (905) 465-4500 Article content Article content
National Post
18-06-2025
- Business
- National Post
Algonquin Power & Utilities Corp. Names Amy Walt Chief Customer Officer
Article content OAKVILLE, Ontario — Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ('AQN', 'Algonquin' or the 'Company') today announced the appointment of Amy Walt as Chief Customer Officer, effective June 30. In this role, Ms. Walt will be responsible for overseeing all aspects of the customer experience across the Company's water, gas, and electric operations. Reporting directly to the Chief Executive Officer, she will be responsible for setting the Company's customer-focused strategy and an operating model that supports sustainable affordability, reliability, and innovation. Article content 'Amy's expertise in data analytics, process improvement, and customer-centric strategy makes her exceptionally well-suited to help us strengthen trust with our customers, elevate our service standards, and contribute to improved regulatory outcomes,' said Rod West, Chief Executive Officer of AQN. 'This appointment is a reflection of our commitment to create sustainable value for our four key stakeholder groups, beginning with the customer.' Article content Ms. Walt brings more than 25 years of transformational leadership in the utility industry, having held senior leadership roles at Entergy, Consumers Energy, and DTE Energy, where she led customer operations, revenue management, and strategic transformation initiatives. Across these organizations, Ms. Walt developed high-performing teams, championed customer-centric innovations, and drove measurable improvements in service delivery and financial outcomes. Article content About Algonquin Power & Utilities Corp. and Liberty Article content Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN's common shares, preferred shares, Series A, and preferred shares, Series D are listed on the Toronto Stock Exchange under the symbols AQN, and respectively. AQN's common shares and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN and AQNB, respectively. Visit AQN at and follow us on @AQN_Utilities. Article content Caution Regarding Forward-Looking Information Article content Certain statements included in this news release constitute 'forward-looking information' within the meaning of applicable securities laws in each of the provinces and territories of Canada and the respective policies, regulations and rules under such laws and 'forward-looking statements' within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, 'forward-looking statements'). The words 'will' and 'expects' (and grammatical variations of such terms) and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Specific forward-looking statements in this news release include, but are not limited to, statements regarding the expected impact and outcomes of Amy Walt's hiring as Chief Customer Officer; her responsibilities in such role; and the creation of sustainable value for the Company's four key stakeholder groups. These statements are based on factors or assumptions that were applied in drawing a conclusion or making a forecast or projection, including assumptions based on historical trends, current conditions and expected future developments. Since forward-looking statements relate to future events and conditions, by their very nature they require making assumptions and involve inherent risks and uncertainties. AQN cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from the expectations set out in the forward-looking statements. Forward-looking statements contained herein are provided for the purposes of assisting in understanding the Company and its business, operations, risks, financial performance, financial position and/or cash flows as at and for the periods indicated and to present information about management's current expectations and plans relating to the future and such information may not be appropriate for other purposes. Material risk factors and assumptions include those set out in AQN's annual information form and annual management discussion & analysis, each for the year ended December 31, 2024, and management discussion & analysis for the three months ended March 31, 2025, each of which is or will be available on SEDAR+ and EDGAR. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, AQN undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise. Article content Article content Article content Article content Article content Contacts Article content Investor Inquiries: Article content Article content Alison Holditch Article content Algonquin Power & Utilities Corp. Article content Article content E-mail: Article content InvestorRelations@ Article content Article content Telephone: (905) 465-4500 Article content Media Inquiries: Article content Article content Stephanie Bose Article content Article content Senior Director, Corporate Communications Article content Article content Algonquin Power & Utilities Corp. Article content Article content Article content Article content
