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Power Play: GE's game-changing technology for EVs and grids
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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Beyond an overlooked e-commerce winner?
Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Power Play: GE's game-changing technology for EVs and grids
As Dollar Tree Goes, So Goes the Consumer?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Beyond an overlooked e-commerce winner?
Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Power Play: GE's game-changing technology for EVs and grids
As Dollar Tree Goes, So Goes the Consumer?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Beyond an overlooked e-commerce winner?
Stock market today: World shares mixed after Wall St ends its best month of '23 with big gains

Innergex Renewable Energy Stock Price, News & Analysis (OTCMKTS:INGXF)

$7.06
+0.01 (+0.14%)
(As of 11/30/2023 ET)
Compare
Today's Range
$6.93
$7.06
50-Day Range
$6.16
$8.86
52-Week Range
$6.09
$13.03
Volume
502 shs
Average Volume
14,635 shs
Market Capitalization
$1.44 billion
P/E Ratio
N/A
Dividend Yield
7.22%
Price Target
$25.50

Innergex Renewable Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
261.2% Upside
$25.50 Price Target
Short Interest
Bearish
0.35% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-1.00mentions of Innergex Renewable Energy in the last 14 days
Based on 2 Articles This Week
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.

1.47 out of 5 stars


INGXF stock logo

About Innergex Renewable Energy Stock (OTCMKTS:INGXF)

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 hydroelectric facilities, and wind and solar farms, as well as energy storage facilities. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. It owns and operates 84 facilities with a net installed capacity of 4,184 megawatts, which include 40 hydroelectric facilities, 35 wind facilities, and 8 solar farms. Innergex Renewable Energy Inc. is headquartered in Longueuil, Canada.

INGXF Stock Price History

INGXF Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Innergex Renewable Energy Inc INE
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
CIBC Sticks to Their Hold Rating for Innergex Renewable Energy (INE)
INE_pc Cash Flow Statement
INNERGEX Q2 2023
INGXF - Innergex Renewable Energy Inc.
Innergex named Canada's best corporate citizen
INNERGEX Q1 2023
See More Headlines
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Company Calendar

Ex-Dividend for 10/16 Dividend
9/28/2023
Dividend Payable
10/16/2023
Last Earnings
11/08/2023
Today
12/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Utilities - Renewable
Sub-Industry
N/A
Sector
Utilities
Current Symbol
OTCMKTS:INGXF
CIK
N/A
Employees
538
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.50
High Stock Price Target
$32.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+261.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-62,780,000.00
Pretax Margin
-3.41%

Debt

Sales & Book Value

Annual Sales
$669.58 million
Cash Flow
$1.15 per share
Book Value
$5.11 per share

Miscellaneous

Free Float
194,718,000
Market Cap
$1.44 billion
Optionable
Not Optionable
Beta
0.58
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Key Executives

  • Mr. Michel Letellier MBA (Age 58)
    President, CEO & Director
    Comp: $1.03M
  • Mr. Jean Trudel M.B.A.
    Chief Financial Officer
  • Mr. Yves Baribeault Eng.
    L.L.B., M.B.A., Chief Legal Officer & Secretary
  • Ms. Alexandra Boislard Pepin M.B.A.
    Chief Human Resources Officer
  • Ms. Pascale Tremblay Eng.
    ING, M.Sc., Chief Asset Officer
  • Mr. Niko Nikolaidis M.B.A.
    M.Sc., Vice President of Investments & Financing
  • Kristine Labrunye
    Head of Investor Relations
  • Ms. Karine Vachon
    Senior Director – Communications
  • Mr. Guillaume Jumel
    VP & MD of France
  • Mr. Jaime Pino
    VP & MD of Chile














INGXF Stock Analysis - Frequently Asked Questions

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" INGXF shares.
View INGXF analyst ratings
or view top-rated stocks.

What is Innergex Renewable Energy's stock price target for 2024?

3 Wall Street analysts have issued 1-year price targets for Innergex Renewable Energy's shares. Their INGXF share price targets range from $23.00 to $32.00. On average, they expect the company's share price to reach $25.50 in the next twelve months. This suggests a possible upside of 261.2% 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 at the start of the year. Since then, INGXF stock has decreased by 40.9% and is now trading at $7.06.
View the best growth stocks for 2023 here
.

Are investors shorting Innergex Renewable Energy?

Innergex Renewable Energy saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 711,000 shares, an increase of 11.0% from the October 31st total of 640,300 shares. Based on an average daily volume of 35,900 shares, the days-to-cover ratio is presently 19.8 days.
View Innergex Renewable Energy's Short Interest
.

How were Innergex Renewable Energy's earnings last quarter?

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) announced its quarterly earnings results on Wednesday, November, 8th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $206.54 million for the quarter. Innergex Renewable Energy had a negative net margin of 3.08% and a negative trailing twelve-month return on equity of 1.32%.

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

Innergex Renewable Energy declared a dividend on Wednesday, September 27th. Stockholders of record on Friday, September 29th will be given a dividend of $0.1335 per share on Monday, October 16th. This represents a dividend yield of 6.03%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for INGXF
.

Is Innergex Renewable Energy a good dividend stock?

Innergex Renewable Energy (OTCMKTS:INGXF) pays an annual dividend of $0.51 per share and currently has a dividend yield of 7.59%. 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.

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.

This page (OTCMKTS:INGXF) was last updated on 12/1/2023 by MarketBeat.com Staff

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