Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada, the United States, Chile, and Bermuda. It generates and sells electrical energy through non-regulated renewable and clean energy power generation facilities. The company also owns and operates hydroelectric, wind, solar, and thermal facilities with generating capacity of approximately 2.1 gigawatt; and regulated electric, natural gas, water distribution, and wastewater collection utility systems. It serves approximately 306,000 electric connections; 371,000 natural gas connections; and 409,000 regulated water distribution and wastewater collection utility systems in the states of California, New Hampshire, Missouri, Kansas, Oklahoma, Arkansas, Georgia, Illinois, Iowa, Massachusetts, New York, Arizona, Texas, and the Province of New Brunswick. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
IPO Year: 2016
Exchange: NYSE
Website: algonquinpower.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/4/2025 | $6.75 | Outperform → Sector Perform | National Bank Financial |
12/12/2024 | $7.00 | Neutral | Analyst |
9/5/2024 | Neutral | Janney | |
8/12/2024 | Outperform → Mkt Perform | Raymond James | |
8/12/2024 | $8.50 → $6.00 | Overweight → Equal Weight | Wells Fargo |
3/11/2024 | Sell → Hold | Desjardins | |
1/8/2024 | $7.00 → $7.50 | Market Perform → Outperform | BMO Capital Markets |
4/18/2023 | $9.00 → $8.50 | Buy → Neutral | BofA Securities |
4/17/2023 | $17.00 → $10.00 | Sector Outperform → Neutral | CIBC |
2/16/2023 | $7.00 → $9.00 | Underperform → Buy | BofA Securities |