TSE:INE Innergex Renewable Energy (INE) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free INE Stock Alerts C$9.00 +0.08 (+0.90%) (As of 05/27/2024 ET) Add Compare Share Share Today's RangeC$8.82▼C$9.0150-Day RangeC$7.75▼C$9.1452-Week RangeC$7.05▼C$14.40Volume243,000 shsAverage Volume748,392 shsMarket CapitalizationC$1.83 billionP/E RatioN/ADividend Yield4.00%Price TargetC$12.53 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Innergex Renewable Energy alerts: Email Address Innergex Renewable Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside39.2% UpsideC$12.53 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 4 Articles This WeekInsider TradingAcquiring SharesC$75,135 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.60 out of 5 stars 3.4 Analyst's Opinion Consensus RatingInnergex Renewable Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageInnergex Renewable Energy has only been the subject of 1 research reports in the past 90 days.Read more about Innergex Renewable Energy's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for INE. Previous Next 1.7 Dividend Strength Dividend LeadershipInnergex Renewable Energy is a leading dividend payer. It pays a dividend yield of 3.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthInnergex Renewable Energy does not have a long track record of dividend growth.Read more about Innergex Renewable Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INE. Previous Next 2.0 News and Social Media Coverage News SentimentInnergex Renewable Energy has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Innergex Renewable Energy this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for INE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Innergex Renewable Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$75,135.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders20.44% of the stock of Innergex Renewable Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.03% of the stock of Innergex Renewable Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Innergex Renewable Energy's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Innergex Renewable Energy is -14.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Innergex Renewable Energy is -14.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioInnergex Renewable Energy has a PEG Ratio of 20.61. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioInnergex Renewable Energy has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Innergex Renewable Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About Innergex Renewable Energy Stock (TSE:INE)Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 21, 2024, it owned and operated 87 facilities with a net installed capacity of 3,600 megawatts, including 41 hydroelectric facilities, 35 wind facilities, 9 solar facilities, and 2 battery energy storage facilities. The company is headquartered in Longueuil, Canada.Read More INE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INE Stock News HeadlinesMay 23, 2024 | americanbankingnews.comInnergex Renewable Energy (TSE:INE) Shares Pass Above Two Hundred Day Moving Average of $8.66May 23, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy 4.65 Pct Debs down on Wednesday (INE-DB-C)May 23, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy 4.65 Pct Debs flat on Tuesday (INE-DB-C)May 22, 2024 | msn.comBest Canadian Dividend Stocks to Buy, According to AnalystsMay 17, 2024 | finance.yahoo.comThe Innu Council of Pessamit, Innergex and the RCM of Manicouagan sign 30-year power purchase agreement with Hydro-QuébecMay 10, 2024 | finance.yahoo.comInnergex Renewable Energy First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 8, 2024 | finance.yahoo.comINNERGEX REPORTS FIRST QUARTER 2024 RESULTSMay 8, 2024 | finance.yahoo.comInnergex First-Quarter Loss Widens More Than ExpectedMay 7, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A up on Monday (INE-PR-A)April 26, 2024 | wsj.comInnergex Renewable Energy Inc.April 8, 2024 | finance.yahoo.comINNERGEX'S 2024 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST AND ANNUAL MEETING OF SHAREHOLDERSApril 5, 2024 | msn.comWant to Earn $2,000 in Annual Dividend Income? Invest $32,500 in These 3 StocksApril 5, 2024 | ca.finance.yahoo.comInnergex's 2023 ESG Report: A Comprehensive Look at Sustainable Growth and Corporate ResponsibilityMarch 21, 2024 | finance.yahoo.comInnergex Renewable Energy Insiders Added CA$795.3k Of Stock To Their HoldingsMarch 18, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Inc Pref Ser C up on Monday (INE-PR-C)March 18, 2024 | ca.finance.yahoo.comEquities Flat by CloseMarch 17, 2024 | msn.comWater Label Besides Energy LabelMarch 12, 2024 | msn.comMGreen's Greenergy for Global Inc. kicks off solar power plant projMarch 12, 2024 | seekingalpha.comClearway Energy: Waiting For A More Attractive ValuationFebruary 23, 2024 | finance.yahoo.comInnergex Renewable Energy Full Year 2023 Earnings: Misses ExpectationsFebruary 22, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy 4.75 Pct Debs up on Tuesday (INE-DB-B)February 21, 2024 | finance.yahoo.comINNERGEX REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTSFebruary 21, 2024 | finance.yahoo.comINNERGEX UPDATES ITS CAPITAL ALLOCATION STRATEGYFebruary 21, 2024 | finance.yahoo.comInnergex Announces It Will Proceed With a Normal Course Issuer Bid for Its Common SharesFebruary 21, 2024 | finance.yahoo.comMorning News Call - Canada, February 21See More Headlines Receive INE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Innergex Renewable Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today5/28/2024Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Next Earnings (Estimated)8/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorUtilities Industry Utilities - Renewable Sub-IndustryN/A Current SymbolTSE:INE CUSIPN/A CIKN/A Webwww.innergex.com Phone+1-450-9282550FaxN/AEmployees602Year FoundedN/APrice Target and Rating Average Stock Price TargetC$12.53 High Stock Price TargetC$17.25 Low Stock Price TargetC$9.00 Potential Upside/Downside+39.2%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.64) Trailing P/E RatioN/A Forward P/E Ratio112.51 P/E Growth20.61Net IncomeC$-131,170,000.00 Net Margins-11.78% Pretax MarginN/A Return on Equity-10.13% Return on Assets2.37% Debt Debt-to-Equity Ratio546.12 Current Ratio0.74 Quick Ratio0.58 Sales & Book Value Annual SalesC$1.07 billion Price / Sales1.71 Cash FlowC$0.56 per share Price / Cash Flow16.11 Book ValueC$4.59 per share Price / Book1.96Miscellaneous Outstanding Shares203,460,000Free FloatN/AMarket CapC$1.83 billion OptionableNot Optionable Beta0.34 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Michel Letellier MBA (Age 59)President, CEO & Director Comp: $1.47MMr. Jean Trudel M.B.A.Chief Financial OfficerMr. Yves Baribeault Eng.L.L.B., M.B.A., Chief Legal Officer & SecretaryMs. Alexandra Boislard Pepin M.B.A.Chief Human Resources OfficerMs. Pascale Tremblay Eng.ING, M.Sc., Chief Asset OfficerMr. Niko Nikolaidis M.B.A.M.Sc., Vice President of Investments & FinancingMr. Naji Baydoun C.F.A.Director of Investor RelationsMs. Karine VachonSenior Director CommunicationsMr. Guillaume JumelVP & MD of FranceMr. Jaime PinoVP & MD of ChileMore ExecutivesKey CompetitorsBoralexTSE:BLXTransAlta RenewablesTSE:RNWNorthland PowerTSE:NPIAlgonquin Power & UtilitiesTSE:AQNSuperior PlusTSE:SPBView All CompetitorsInsidersDaniel LafranceBought 1,000 shares on 3/19/2024Total: C$7,976.50 ($7.98/share)Daniel LafranceBought 5,000 shares on 3/13/2024Total: C$41,750.00 ($8.35/share)Richard GagnonBought 3,125 shares on 2/28/2024Total: C$25,408.75 ($8.13/share)Jean TrudelBought 13,000 shares on 2/26/2024Total: C$99,840.00 ($7.68/share)Richard GagnonBought 3,320 shares on 11/13/2023Total: C$29,947.06 ($9.02/share)View All Insider Transactions INE Stock Analysis - Frequently Asked Questions Should I buy or sell Innergex Renewable Energy stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" INE shares. View INE analyst ratings or view top-rated stocks. What is Innergex Renewable Energy's stock price target for 2024? 7 brokerages have issued 1-year target prices for Innergex Renewable Energy's stock. Their INE share price targets range from C$9.00 to C$17.25. On average, they anticipate the company's share price to reach C$12.53 in the next year. This suggests a possible upside of 39.2% from the stock's current price. View analysts price targets for INE or view top-rated stocks among Wall Street analysts. How have INE shares performed in 2024? Innergex Renewable Energy's stock was trading at C$9.19 at the beginning of 2024. Since then, INE stock has decreased by 2.1% and is now trading at C$9.00. View the best growth stocks for 2024 here. When is Innergex Renewable Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our INE earnings forecast. How often does Innergex Renewable Energy pay dividends? What is the dividend yield for Innergex Renewable Energy? Innergex Renewable Energy declared a quarterly dividend on Wednesday, May 8th. Stockholders of record on Friday, June 28th will be paid a dividend of 0.09 per share on Monday, July 15th. This represents a $0.36 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Friday, June 28th. Read our dividend analysis for INE. Is Innergex Renewable Energy a good dividend stock? Innergex Renewable Energy (TSE:INE) pays an annual dividend of C$0.36 per share and currently has a dividend yield of 3.98%. INE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for INE. What other stocks do shareholders of Innergex Renewable Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Innergex Renewable Energy investors own include Bank of Nova Scotia (BNS), Enbridge (ENB), Pembina Pipeline (PPL), Royal Bank of Canada (RY), Algonquin Power & Utilities (AQN), Bombardier, Inc. Class B (BBD.B), Enterprise Products Partners (EPD), Power Co. of Canada (POW), Toronto-Dominion Bank (TD) and TFI International (TFII). How do I buy shares of Innergex Renewable Energy? Shares of INE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:INE) was last updated on 5/28/2024 by MarketBeat.com Staff From Our PartnersDigitizing the $11T commodities sector with one tiny stockResource Stock DigestTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarElon’s New Device is About to Shock the WorldInvestorPlaceWARNING about the death of the U.S. dollar…Colonial MetalsHe Is Giving Away BitcoinCrypto Swap ProfitsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressTrump’s “Tax Free” Retirement Strategy Gold Safe Exchange Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Innergex Renewable Energy Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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