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GOOGL   123.52 (+1.13%)
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NVDA   395.00 (+2.57%)
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AMD   126.47 (+4.48%)
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NVDA   395.00 (+2.57%)
NIO   8.40 (+7.83%)
BABA   86.59 (+0.52%)
AMD   126.47 (+4.48%)
T   16.07 (+0.00%)
F   14.01 (+3.17%)
MU   65.92 (+0.92%)
CGC   0.69 (-0.66%)
GE   105.99 (-0.08%)
DIS   92.43 (-0.11%)
AMC   4.71 (+0.64%)
PFE   39.53 (+1.13%)
PYPL   63.21 (-1.60%)
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OTCMKTS:INGXF

Innergex Renewable Energy (INGXF) Stock Forecast, Price & News

$10.51
-0.05 (-0.47%)
(As of 06/8/2023 ET)
Compare
Today's Range
$10.50
$10.51
50-Day Range
$9.67
$11.30
52-Week Range
$9.47
$15.45
Volume
1,270 shs
Average Volume
1,330 shs
Market Capitalization
$2.15 billion
P/E Ratio
N/A
Dividend Yield
5.04%
Price Target
$18.89

Innergex Renewable Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
79.8% Upside
$18.89 Price Target
Short Interest
Bearish
0.36% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.48 out of 5 stars


INGXF stock logo

About Innergex Renewable Energy (OTCMKTS:INGXF) Stock

Innergex Renewable Energy, Inc. engages in the development, acquisition, ownership, and operations of renewable power-generating and energy storage facilities, focused on the hydroelectric, wind, and solar power sectors. It operates through the following segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. The company was founded in 1990 and is headquartered in Longueuil, Canada.

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INGXF Stock News Headlines

All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A Supercycle
More automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
INNERGEX Q1 2023
See More Headlines

INGXF Price History

INGXF Company Calendar

Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Last Earnings
5/09/2023
Today
6/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
N/A
Sector
Utilities
Current Symbol
OTCMKTS:INGXF
CIK
N/A
Employees
488
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.89
High Stock Price Forecast
$21.50
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+79.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-62,780,000.00
Pretax Margin
-11.22%

Debt

Sales & Book Value

Annual Sales
$669.58 million
Cash Flow
$1.13 per share
Book Value
$5.11 per share

Miscellaneous

Free Float
194,618,000
Market Cap
$2.15 billion
Optionable
Not Optionable
Beta
0.53

Key Executives

  • Michel Letellier
    President, CEO & Non-Independent Director
  • Jean Trudel
    Chief Financial Officer
  • Robert Guillemette
    VP-Health, Safety & Technological Innovation
  • Jacques Desrochers
    VP-Information & Operations Technologies
  • Jean Perron
    Senior Vice President













INGXF Stock - Frequently Asked Questions

Should I buy or sell Innergex Renewable Energy stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" INGXF shares.
View INGXF analyst ratings
or view top-rated stocks.

What is Innergex Renewable Energy's stock price forecast for 2023?

4 Wall Street research analysts have issued twelve-month price objectives for Innergex Renewable Energy's stock. Their INGXF share price forecasts range from $16.00 to $21.50. On average, they anticipate the company's share price to reach $18.89 in the next year. This suggests a possible upside of 79.8% from the stock's current price.
View analysts price targets for INGXF
or view top-rated stocks among Wall Street analysts.

How have INGXF shares performed in 2023?

Innergex Renewable Energy's stock was trading at $11.94 on January 1st, 2023. Since then, INGXF stock has decreased by 12.0% and is now trading at $10.51.
View the best growth stocks for 2023 here
.

Are investors shorting Innergex Renewable Energy?

Innergex Renewable Energy saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 725,800 shares, a drop of 18.0% from the April 15th total of 885,000 shares. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is currently 161.3 days.
View Innergex Renewable Energy's Short Interest
.

How were Innergex Renewable Energy's earnings last quarter?

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) posted its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.06) earnings per share for the quarter. Innergex Renewable Energy had a negative net margin of 6.73% and a negative trailing twelve-month return on equity of 2.52%.

How often does Innergex Renewable Energy pay dividends? What is the dividend yield for Innergex Renewable Energy?

Innergex Renewable Energy announced a dividend on Wednesday, March 22nd. Shareholders of record on Friday, March 31st will be given a dividend of $0.1319 per share on Monday, April 17th. This represents a yield of 4.95%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for INGXF
.

Is Innergex Renewable Energy a good dividend stock?

Innergex Renewable Energy (OTCMKTS:INGXF) pays an annual dividend of $0.53 per share and currently has a dividend yield of 5.00%. INGXF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for INGXF.

What is Innergex Renewable Energy's stock symbol?

Innergex Renewable Energy trades on the OTCMKTS under the ticker symbol "INGXF."

How do I buy shares of Innergex Renewable Energy?

Shares of INGXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Innergex Renewable Energy's stock price today?

One share of INGXF stock can currently be purchased for approximately $10.51.

How much money does Innergex Renewable Energy make?

Innergex Renewable Energy (OTCMKTS:INGXF) has a market capitalization of $2.15 billion and generates $669.58 million in revenue each year. The company earns $-62,780,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis.

How many employees does Innergex Renewable Energy have?

The company employs 488 workers across the globe.

How can I contact Innergex Renewable Energy?

Innergex Renewable Energy's mailing address is 1225 St-Charles Street West 10th floor, Longueuil A8, J4K 0B9. The official website for the company is www.innergex.com. The company can be reached via phone at (450) 928-2550, via email at jfneault@innergex.com, or via fax at 45-0928-2544.

This page (OTCMKTS:INGXF) was last updated on 6/9/2023 by MarketBeat.com Staff

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