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Algonquin Power & Utilities Corp’s stock reached a 52-week high of 6.25 USD, marking a significant milestone for the company. Over the past year, the stock has seen a notable increase, with a 19.17% change in its value. This upward trend reflects positive investor sentiment and potential growth prospects for the company. The achievement of this 52-week high underscores the stock’s strong performance in the market, attracting attention from investors looking to capitalize on its upward momentum. With a 4.55% dividend yield and a 28-year track record of consecutive dividend payments, AQN offers income-focused investors an attractive option, though its P/E ratio of 62.86 suggests a premium valuation. InvestingPro analysis indicates the stock is trading slightly above its Fair Value, with additional ProTips available for subscribers seeking comprehensive insights into AQN’s financial health and growth prospects.
In other recent news, Algonquin Power & Utilities Corp. reported its second-quarter 2025 earnings, meeting both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $0.04, aligning with analysts’ expectations, and reported revenue of $535.59 million, slightly above the forecast of $535.58 million. Additionally, Algonquin Power & Utilities announced the appointment of Robert J. Stefani as Chief Financial Officer, effective January 5, 2026. Stefani joins from Southwest Gas Holdings, where he served as Senior Vice President and CFO, overseeing significant financial transactions. In another development, Desjardins upgraded Algonquin Power & Utilities’ stock rating from Hold to Buy, raising its price target to $6.25 from $6.00. This upgrade was based on what Desjardins described as a "compelling valuation" and increased confidence in the company’s ability to meet its guidance targets. These recent developments reflect significant changes and expectations for Algonquin Power & Utilities.
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