Currently, there are 767.15M common shares owned by the public and among those 766.41M shares have been available to trade.
The company’s stock has a 5-day price change of -2.90% and -13.00% over the past three months. AQN shares are trading -2.25% year to date (YTD), with the 12-month market performance down to -32.03% lower. It has a 12-month low price of $4.19 and touched a high of $6.79 over the same period. AQN has an average intraday trading volume of 5.48 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.99%, -6.24%, and -21.25% respectively.
Institutional ownership of Algonquin Power & Utilities Corp (NYSE: AQN) shares accounts for 59.36% of the company’s 767.15M shares outstanding.
It has a market capitalization of $3.44B and a beta (3y monthly) value of 0.75. The earnings-per-share (ttm) stands at -$1.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.90% over the week and 2.63% over the month.
Analysts forecast that Algonquin Power & Utilities Corp (AQN) will achieve an EPS of 0.08 for the current quarter, 0.1 for the next quarter and 0.31 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.06 while analysts give the company a high EPS estimate of 0.06. Comparatively, EPS for the current quarter was 0.16 a year ago. Earnings per share for the fiscal year are expected to decrease by -26.63%, and -21.72% over the next financial year.
Looking at the support for the AQN, a number of firms have released research notes about the stock. JP Morgan stated their Neutral rating for the stock in a research note on December 12, 2024, with the firm’s price target at $7. Desjardins on their part issued Hold rating on March 11, 2024.
