What is Scotiabank’s Forecast for TSE:AQN FY2026 Earnings?

Algonquin Power & Utilities Corp. (TSE:AQN) – Stock analysts at Scotiabank upped their FY2026 earnings per share estimates for Algonquin Power & Utilities in a report released on Tuesday, July 7th. Scotiabank analyst R. Hope now forecasts that the company will post earnings of $0.50 per share for the year, up from their prior estimate of $0.49. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.47 per share.

Algonquin Power & Utilities (TSE:AQN) last posted its earnings results on Friday, May 8th. The company reported C$0.18 earnings per share (EPS) for the quarter. Algonquin Power & Utilities had a return on equity of 3.63% and a net margin of 6.71%.The firm had revenue of C$1.10 billion for the quarter.

AQN has been the topic of a number of other reports. Barclays set a C$10.00 price target on shares of Algonquin Power & Utilities and gave the stock an “overweight” rating in a research note on Wednesday, April 1st. Wells Fargo & Company upgraded shares of Algonquin Power & Utilities to a “hold” rating in a report on Monday, May 11th. Three equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Algonquin Power & Utilities currently has an average rating of “Buy” and an average target price of C$8.00.

Algonquin Power & Utilities Stock Performance

Shares of Algonquin Power & Utilities stock opened at C$8.11 on Thursday. The stock has a market capitalization of C$6.24 billion, a price-to-earnings ratio of 38.62, a price-to-earnings-growth ratio of 1.07 and a beta of 1.45. The company has a debt-to-equity ratio of 143.58, a current ratio of 1.05 and a quick ratio of 0.37. The business has a 50-day moving average of C$8.26 and a 200 day moving average of C$8.62. Algonquin Power & Utilities has a 12 month low of C$7.26 and a 12 month high of C$9.69.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp., parent company of Liberty Utilities, 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, AQN.PR.A, and AQN.PR.D, respectively.