Algonquin Power & Utilities Corp T.AQN

The dust won't settle soon.

[cherman]

Here are the facts about AQN: 1-Earnings per share missed estimates by a huge margin. 2-The company lowered its outlook for the rest of the year due to inflation and higher interest rates which is going to be worse in the coming year at least. 3-The eividend is definitely at risk. How can you earn $0.11 and pay $0.18 per share? 4- AQN now is a perfect candidate for tax loss selling in the coming days.

[BSdetector2016]

The baby is down at the lake along with the bathwater. With over 40 million shares traded yesterday I'd say the tax loss dump-a-thon is well-underway, and probably largely complete. People will buy back later in the year. The stock will stop dropping soon, sooner if they make some kind of annoucement.

[jx7000]

Wow, this reminds me an awful lot of TransAlta Utilities (now TransAlta Corp.) from about 2014 when I first bought in for the div. The price went south soon after, they cut the div, and I averaged down and got out with a profit about four years later. It took another four years for the SP to recover to where I bought it the first time (eight-years earlier).   

[Capharnaum]

1- Earnings were missed by 5 cents per share compared to consensus. Not so large of a miss, looking at how much it represents on total revenues. Plus, part of the miss will be recouped later on because a large portion of extra interest charges are attributable to the regulated utilities capital structure, which is eligible to be included in rates. 2- As alluded to in the conference call, every