How to Buy Algonquin Power & Utilities Stock
Algonquin Power & Utilities Corp
Algonquin Power & Utilities is a renewable energy company located in Ontario, Canada, which is part of the Utilities sector, and is traded under the ticker AQN on the NYSE exchange.
Algonquin Power & Utilities stock last closed at $5.38, up 0.19% from the previous day, and has decreased 11.95% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.53 percentage points. Algonquin Power & Utilities stock is currently +28.4% from its 52-week low of $4.19, and -20.77% from its 52-week high of $6.79.
There are currently 767.34M shares of AQN outstanding. The market capitalization of AQN is $4.13B. In the last 24 hours, 11.78M AQN shares were traded.
How to Buy Algonquin Power & Utilities Stock
Not sure how to invest in Algonquin Power & Utilities stock? Here's how.
- Figure out where to buy Algonquin Power & Utilities stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Algonquin Power & Utilities stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your info.
- Research Algonquin Power & Utilities stock: The Algonquin Power & Utilities ticker symbol is AQN. Is Algonquin Power & Utilities stock a good investment? Should you buy shares of AQN? How do AQN's underlying business fundamentals look? Do top analysts think Algonquin Power & Utilities is a good buy? Why has AQN's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if AQN is a good stock to buy).
- Place your AQN trade: Decide if you will purchase AQN shares at the current market price or use a limit order to purchase AQN shares at a particular price.
- Track your AQN investment: Create a watchlist to get the latest news on your investment in Algonquin Power & Utilities shares.
Step 1: Figure out where to buy Algonquin Power & Utilities stock
You will need an online brokerage account to access the NYSE market and buy AQN stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world markets: From Tech to Utilities, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to invest in AQN today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock app to use, you can securely and quickly fund your account:
Watch this video walkthrough if you need help transferring money into your new investment account.
Step 4: Research Algonquin Power & Utilities stock
Once you have decided on the best place to buy Algonquin Power & Utilities stock, it's absolutely critical to analyze their stock prior to investing, so you can understand the risk and opportunity.
Algonquin Power & Utilities Metrics
AQN Fundamentals
WallStreetZen was built to help average investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on AQN's stock page.
How is AQN stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AQN's intrinsic value.
Using relative valuations methods:
- AQN could be undervalued based on its P/B ratio of 0.88x, relative to Utilities - Renewable industry P/B ratio of 4.78x
You can access more valuation research on AQN's stock here.
How do AQN Financials look?
Negative Financial Indicators:
- AQN earnings of -$830.14M is not sufficient to cover its interest payments.
- AQN has a relatively high debt to equity ratio of 2.29.
- AQN's operating cash flow of $481.72M allows it to safely service it's debt of $6.70B.
- Total AQN debt is higher than 5 years ago, relative to shareholder equity.
- AQN profit margin has gone down from 0.8% to -60% in the past year.
- There are more short-term liabilities than short-term assets on the AQN balance sheet.
- There are more long-term liabilities than short-term assets on the AQN balance sheet.
Is AQN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who research AQN, the consensus analyst rating on AQN is a Hold
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Algonquin Power & Utilities stock forecast page.
Metrics for Advanced AQN Traders
How is AQN performing as a company?
Last year, AQN revenue was $2.32B. In the past 5 year, AQN's revenue has gone up by 7.36% per year. This was faster than the Utilities - Renewable industry average of 7.21%.
You can analyze AQN's earnings and revenue performance here.
Who is buying/selling AQN?
In the last 12 months, insiders at AQN have not bought or sold any shares.
Research more about who owns AQN shares here.
Does AQN stock generate passive income?
Algonquin Power & Utilities pays a dividend of 5.64%, compared to the Utilities - Renewable industry's average dividend yield of 6.41%. If you owned $1,000 worth of AQN stock, you would have received $56.41 in the past year.
Algonquin Power & Utilities dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Algonquin Power & Utilities dividend yield and history here.
AQN Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your AQN trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Hit the Open button and your broker will execute your order.
If you want additional assistance buying stocks on eToro, click the how to video below:
Step 6: Track your AQN investment
Now that you own some AQN stock, you'll want to stay up-to-date on your new investment.
Put AQN on a watchlist to get the latest updates about your AQN stock.
AQN Feed
How to Buy Stock in Algonquin Power & Utilities
To summarize, here are the 6 steps you need to take to buy Algonquin Power & Utilities stock right now:
- Figure out where to buy Algonquin Power & Utilities stock
- Sign up for your brokerage account
- Deposit money your investment account
- Research Algonquin Power & Utilities stock
- Place your AQN trade
- Track your AQN investment
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Algonquin Power & Utilities, add AQN to your watchlist below.
More Stock Buying Guides You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.