Algonquin Power & Utilities Corp. (NYSE:AQN) electrical energy generator, is reporting third quarter earnings results on Thursday 12th November 2020, after market close.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 0.65 ~ $ 0.70 per share
Click Here For More Historical Outlooks Of Algonquin Power & Utilities Corp.
Previous Quarter Performance
Algonquin Power & Utilities Corp. announced income for the second quarter of $ 0.09 per share, from the revenue of $ 343.60 million.
Stock Performance
Shares of Algonquin Power & Utilities Corp. traded up $ 0.10 or 0.61 percent on Wednesday, reaching $ 16.38 with volume of 562.90 thousand shares. Algonquin Power & Utilities Corp. has traded high as $ 16.65 and has cracked $ 16.33 on the downward trend
The closing price of $ 16.38, representing a 70.83 % increase from the 52 week low of $ 9.53 and a 3.38 % decrease over the 52 week high of $ 16.85.
The company has a market capital of $ 9.72 billion and is part of the Utilities sector and Utilities – Independent Power Producers industry.
Recent Analyst recommendations
- On 5th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 16.00 target price.
- On 18th September 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 15.50 target price.
Recent Stock Dividend Announcement
On August 13, 2020, the board of directors authorized quarterly dividend of $ 0.1551 per share to holders of record as of the close of business on September 30, 2020, with payment date of October 15, 2020 and ex-dividend date on September 29, 2020.
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 and the United States. It generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. The company also owns and operates hydroelectric, wind, solar, and thermal facilities with a combined gross generating capacity of approximately 1.5 gigawatt; a portfolio of regulated electric, natural gas, water distribution, and wastewater collection utility systems.
