What is Scotiabank’s Forecast for TSE:AQN FY2025 Earnings?

Algonquin Power & Utilities Corp. (TSE:AQN) – Equities researchers at Scotiabank lifted their FY2025 EPS estimates for Algonquin Power & Utilities in a research report issued on Monday, June 9th. Scotiabank analyst R. Hope now expects that the company will post earnings of $0.42 per share for the year, up from their prior forecast of $0.41. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share. Scotiabank also issued estimates for Algonquin Power & Utilities’ FY2026 earnings at $0.49 EPS.

A number of other brokerages have also recently issued reports on AQN. National Bank Financial lowered Algonquin Power & Utilities from a “strong-buy” rating to a “hold” rating and set a C$6.75 target price for the company. in a research report on Tuesday, June 3rd. TD Securities lifted their price objective on shares of Algonquin Power & Utilities from C$6.00 to C$6.50 and gave the stock a “hold” rating in a research note on Wednesday, June 4th. Finally, BMO Capital Markets downgraded shares of Algonquin Power & Utilities from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 12th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$6.63.

Algonquin Power & Utilities Trading Down 0.1%

TSE AQN opened at C$8.03 on Wednesday. Algonquin Power & Utilities has a 12 month low of C$6.03 and a 12 month high of C$8.76. The stock has a 50-day simple moving average of C$7.54 and a 200 day simple moving average of C$7.00. The company has a current ratio of 0.92, a quick ratio of 0.37 and a debt-to-equity ratio of 154.35. The company has a market capitalization of C$4.35 billion, a PE ratio of -4.03, a P/E/G ratio of 1.07 and a beta of 0.52.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp. operates in the power and utility industries in the United States, Canada, and other regions. The company operates in two segments, Regulated Services Group and Renewable Energy Group. The company primarily owns and operates a regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations.