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

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.

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.

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.

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.

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%.

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.

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.

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

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.

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

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.

The company employs 488 workers across the globe.

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.