Innergex Renewable Energy Stock Price, News & Analysis (OTCMKTS:INGXF) $7.06 +0.01 (+0.14%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$6.93▼$7.0650-Day Range$6.16▼$8.8652-Week Range$6.09▼$13.03Volume502 shsAverage Volume14,635 shsMarket Capitalization$1.44 billionP/E RatioN/ADividend Yield7.22%Price Target$25.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest Innergex Renewable Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside261.2% Upside$25.50 Price TargetShort InterestBearish0.35% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-1.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.3 Analyst's Opinion Consensus RatingInnergex Renewable Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.50, Innergex Renewable Energy has a forecasted upside of 261.2% from its current price of $7.06.Amount of Analyst CoverageInnergex Renewable Energy has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted0.35% of the outstanding shares of Innergex Renewable Energy have been sold short.Short Interest Ratio / Days to CoverInnergex Renewable Energy has a short interest ratio ("days to cover") of 19.8, which indicates bearish sentiment.Change versus previous monthShort interest in Innergex Renewable Energy has recently increased by 11.04%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipInnergex Renewable Energy is a leading dividend payer. It pays a dividend yield of 7.59%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INGXF. Previous Next 0.6 News and Social Media Coverage News SentimentInnergex Renewable Energy has a news sentiment score of -1.00. 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 is a lower news sentiment than the 0.46 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Innergex Renewable Energy this week, compared to 1 article on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Innergex Renewable Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.70% of the stock of Innergex Renewable Energy is held by insiders. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Innergex Renewable Energy is -54.31, 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 -54.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioInnergex Renewable Energy has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More INGXF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INGXF Stock News HeadlinesDecember 1, 2023 | americanbankingnews.comInnergex Renewable Energy (OTCMKTS:INGXF) Shares Pass Above 50-Day Moving Average of $7.05November 15, 2023 | theglobeandmail.comInnergex Renewable Energy: Top 10 Undervalued Utilities - Independent Power Producers Industry Stocks (INE)December 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou 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. November 9, 2023 | msn.comInnergex Renewable Energy GAAP EPS of C$0.04November 5, 2023 | morningstar.comInnergex Renewable Energy Inc INEOctober 28, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A up on Thursday (INE-PR-A)October 22, 2023 | investing.comInnergex's share price plummets despite consistent revenue growthOctober 18, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Inc Pref Ser C up on Tuesday (INE-PR-C)December 1, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!September 30, 2023 | finance.yahoo.comInnergex Renewable Energy Inc. (TSE:INE) Has Found A Path To ProfitabilitySeptember 19, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A flat on Tuesday (INE-PR-A)August 26, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A down on Friday (INE-PR-A)August 26, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Inc Pref Ser C up on Friday (INE-PR-C)August 10, 2023 | markets.businessinsider.comCIBC Sticks to Their Hold Rating for Innergex Renewable Energy (INE)August 8, 2023 | uk.investing.comINE_pc Cash Flow StatementAugust 8, 2023 | finance.yahoo.comINNERGEX Q2 2023July 14, 2023 | finance.yahoo.comINNERGEX ACHIEVES CONSTRUCTION FINANCIAL CLOSE OF ITS BOSWELL SPRINGS WIND PROJECTJuly 12, 2023 | ca.finance.yahoo.comINGXF - Innergex Renewable Energy Inc.June 28, 2023 | finance.yahoo.comInnergex named Canada's best corporate citizenMay 31, 2023 | finance.yahoo.comInnergex and MMBC SIgn a 30-year power purchase agreement with Hydro-QuébecMay 15, 2023 | finance.yahoo.comInvestors in Innergex Renewable Energy (TSE:INE) have unfortunately lost 18% over the last three yearsMay 11, 2023 | msn.comInnergex Renewable Energy (INGXF) Declares $0.18 DividendMay 10, 2023 | msn.comInnergex Renewable Energy GAAP EPS of -$0.08, revenue of $218.33M beats by $19.33MMay 9, 2023 | finance.yahoo.comINNERGEX Q1 2023May 3, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A down on Wednesday (INE-PR-A)April 29, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A up on Friday (INE-PR-A)April 28, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A down on Thursday (INE-PR-A)See More Headlines Receive INGXF 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 10/16 Dividend9/28/2023Dividend Payable10/16/2023Last Earnings11/08/2023Today12/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Utilities - Renewable Sub-IndustryN/A SectorUtilities Current SymbolOTCMKTS:INGXF CUSIPN/A CIKN/A Webwww.innergex.com Phone(450) 928-2550Fax45-0928-2544Employees538Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.13) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-62,780,000.00 Net Margins-3.08% Pretax Margin-3.41% Return on Equity-1.32% Return on Assets-0.19% Debt Debt-to-Equity Ratio4.63 Current Ratio0.99 Quick Ratio0.99 Sales & Book Value Annual Sales$669.58 million Price / Sales2.15 Cash Flow$1.15 per share Price / Cash Flow6.13 Book Value$5.11 per share Price / Book1.38Miscellaneous Outstanding Shares204,321,000Free Float194,718,000Market Cap$1.44 billion OptionableNot Optionable Beta0.58 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Michel Letellier MBA (Age 58)President, CEO & Director Comp: $1.03MMr. 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 & FinancingKristine LabrunyeHead of Investor RelationsMs. Karine VachonSenior Director CommunicationsMr. Guillaume JumelVP & MD of FranceMr. Jaime PinoVP & MD of ChileMore ExecutivesKey CompetitorsUnitilNYSE:UTLGenie EnergyNYSE:GNEAvistaNYSE:AVAALLETENYSE:ALEVEONNASDAQ:VEONView All Competitors 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. 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