In trading on Tuesday, shares of Algonquin Power & Utilities Corp's Cumulative Rate Reset Preferred Shares, Series A (TSX: AQN-PRA.TO) were yielding above the 7.5% mark based on its quarterly ...
CIBC analyst Mark Jarvi lowered the firm’s price target on Algonquin Power (AQN) to $5.50 from $5.75 and keeps a Neutral rating on the shares. The firm has modified estimates for the ...
The overall quant rating is not an average of the factor grades listed. Instead, it gives greater weight to the metrics with the strongest predictive value.
Algonquin is divesting renewable assets to focus on regulated services, aiming for stable profits and dividends. The company’s regulated services are under-earning but expected to improve with ...
Looking ahead, Algonquin’s adjusted earnings per share (EPS) is expected to be US$0.31 this year, putting its payout ratio at around 84%. While this ratio seems sustainable, it is on the higher end, ...