OTCMKTS:INGXF Innergex Renewable Energy Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $13.44 -0.42 (-3.03%) (As of 07/5/2022 12:00 AM ET) Add Compare Share Today's Range$13.38▼$13.4950-Day Range$12.51▼$14.2452-Week Range$12.26▼$18.49Volume1,829 shsAverage Volume3,244 shsMarket Capitalization$2.74 billionP/E RatioN/ADividend Yield4.11%Price Target$22.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesShort Interest Innergex Renewable Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside65.6% Upside$22.25 Price TargetShort InterestHealthy0.76% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.69 out of 5 stars 3.4 Analyst's Opinion Consensus RatingInnergex Renewable Energy has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.25, Innergex Renewable Energy has a forecasted upside of 65.6% from its current price of $13.44.Amount of Analyst CoverageInnergex Renewable Energy has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.76% 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 650.4, which indicates bearish sentiment.Change versus previous monthShort interest in Innergex Renewable Energy has recently decreased by 11.13%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipInnergex Renewable Energy is a leading dividend payer. It pays a dividend yield of 4.11%, 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 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INGXF. Previous Next 2.6 News and Social Media Coverage News SentimentInnergex Renewable Energy has a news sentiment score of 0.63. 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 higher news sentiment than the 0.49 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Innergex Renewable Energy this week, compared to 0 articles 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. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Innergex Renewable Energy is -268.80, 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 -268.80, 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 2.64. 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 View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 About Innergex Renewable Energy (OTCMKTS:INGXF) StockInnergex 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. As of February 23, 2022, it owned and operated 80 facilities with a net installed capacity of 3,101 megawatts, which included 40 hydroelectric facilities, 33 watersheds, 32 wind farms, and 8 solar farms; and had interests in under development and prospective projects at various stages of development. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.Read More INGXF Stock News HeadlinesJuly 4, 2022 | finance.yahoo.com2022 SECOND QUARTER RESULTS CONFERENCE CALL AND WEBCASTJune 28, 2022 | finance.yahoo.comInnergex Renewable Energy (TSE:INE) shareholders have earned a 12% CAGR over the last three yearsJune 26, 2022 | theglobeandmail.comInnergex Renewable Energy Inc stock gained on Friday.June 25, 2022 | americanbankingnews.comAnalysts Set Innergex Renewable Energy Inc. (OTCMKTS:INGXF) Price Target at $22.05June 23, 2022 | americanbankingnews.comInnergex Renewable Energy Inc. (OTCMKTS:INGXF) Announces Dividend of $0.14June 9, 2022 | finance.yahoo.comINNERGEX BECOMES ONE OF THE LARGEST PURE PLAY RENEWABLE ENERGY PRODUCERS IN CHILE WITH THE ACQUISITION OF A CAN$861.2 MILLION WIND PORTFOLIOJune 5, 2022 | finance.yahoo.comAnalysts Expect Innergex Renewable Energy Inc. (TSE:INE) To Breakeven SoonMay 18, 2022 | finance.yahoo.comINNERGEX ANNOUNCES THE RENEWAL OF ITS NORMAL COURSE ISSUER BID FOR ITS COMMON SHARES AND A NEW ONE FOR ITS PREFERRED SHARESMay 10, 2022 | seekingalpha.comInnergex Renewable Energy, Inc. (INGXF) CEO Michel Letellier on Q1 2022 Results - Earnings Call TranscriptMay 10, 2022 | finance.yahoo.comInnergex To Bring 425 Megawatt-Hours Of Battery Storage To ChileMay 10, 2022 | finance.yahoo.comInnergex Orders Mitsubishi Power Emerald Storage Solution to Bring 425 Megawatt-hours of Battery Storage to ChileMay 10, 2022 | finance.yahoo.comINNERGEX Q1 2022: GROWTH STEMMING FROM NEW FACILITIES' CONTRIBUTIONMay 10, 2022 | finance.yahoo.com/R E P E A T -- DATE AND TIME CHANGE ADVISORY - 2022 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST AND ANNUAL GENERAL MEETING OF SHAREHOLDERS/April 22, 2022 | finance.yahoo.comDATE AND TIME CHANGE ADVISORY - 2022 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST AND ANNUAL GENERAL MEETING OF SHAREHOLDERSApril 14, 2022 | finance.yahoo.comINNERGEX ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER AND APPOINTMENT OF NEW CHIEF FINANCIAL OFFICERApril 7, 2022 | finance.yahoo.comINNERGEX'S 2021 SUSTAINABILITY REPORT: BUILDING A PATHWAY TO A GREENER FUTUREFebruary 25, 2022 | seekingalpha.comInnergex Renewable Energy GAAP EPS of -C$0.02, revenue of C$202.38MFebruary 24, 2022 | finance.yahoo.com/R E P E A T -- ADVISORY - INNERGEX YEAR-END 2021 RESULTS CONFERENCE CALL AND WEBCAST/February 23, 2022 | apnews.comInnergex: Q4 Earnings SnapshotFebruary 23, 2022 | finance.yahoo.comINNERGEX Q4 2021: ACQUISITIONS AND NEW PROJECTS LEADING OPERATIONAL RESULTS GROWTHFebruary 22, 2022 | finance.yahoo.comINNERGEX announces closing of $172.5 million bought deal equity financing and $37 million concurrent private placementJanuary 28, 2022 | finance.yahoo.comInnergex Announces the Acquisition of a 50.6 MW Solar Farm in ChileJanuary 7, 2022 | nasdaq.comInnergex Renewable Energy Inc (INGXF)December 28, 2021 | finance.yahoo.comINNERGEX ANNOUNCES THE COMPLETION OF THE SALE OF THE FLAT TOP WIND FARM IN TEXASDecember 16, 2021 | ca.finance.yahoo.com3 Dirt-Cheap Green Energy Stocks to Snag TodaySee More Headlines Industry, Sector and Symbol Stock ExchangeOTCMKTS Industry Electric & other services combined Sub-IndustryN/A SectorUtilities Current SymbolOTCMKTS:INGXF CUSIPN/A CIKN/A Webwww.innergex.com Phone(450) 928-2550Fax45-0928-2544Employees488Year FoundedN/ACompany Calendar Ex-Dividend for 4/15 Dividend3/30/2022Dividend Payable4/15/2022Last Earnings5/10/2022Ex-Dividend for 7/15 Dividend6/29/2022Today7/06/2022Dividend Payable7/15/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$22.25 High Stock Price Forecast$24.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+65.6%Consensus RatingModerate Buy Rating Score (0-4)2.71428571428571 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-153,040,000.00 Net Margins-1.44% Pretax Margin0.88% Return on Equity1.69% Return on Assets0.26% Debt Debt-to-Equity Ratio3.03 Current Ratio0.59 Quick Ratio0.59 Sales & Book Value Annual Sales$596.15 million Price / Sales4.60 Cash Flow$1.00 per share Price / Cash Flow13.44 Book Value$5.10 per share Price / Book2.64Miscellaneous Outstanding Shares204,100,000Free FloatN/AMarket Cap$2.74 billion OptionableNot Optionable Beta0.48 Innergex Renewable Energy Frequently Asked Questions Should I buy or sell Innergex Renewable Energy stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Innergex Renewable Energy stock. View analyst ratings for Innergex Renewable Energy or view top-rated stocks. What is Innergex Renewable Energy's stock price forecast for 2022? 7 brokerages have issued 12 month target prices for Innergex Renewable Energy's shares. Their INGXF stock forecasts range from $20.00 to $24.00. On average, they anticipate Innergex Renewable Energy's stock price to reach $22.25 in the next year. This suggests a possible upside of 65.6% from the stock's current price. View analysts' price targets for Innergex Renewable Energy or view top-rated stocks among Wall Street analysts. How has Innergex Renewable Energy's stock performed in 2022? Innergex Renewable Energy's stock was trading at $14.69 at the beginning of 2022. Since then, INGXF shares have decreased by 8.5% and is now trading at $13.44. View the best growth stocks for 2022 here. How were Innergex Renewable Energy's earnings last quarter? Innergex Renewable Energy Inc. (OTCMKTS:INGXF) issued its earnings results on Tuesday, May, 10th. The company reported ($0.01) EPS for the quarter. The firm earned $148.99 million during the quarter. Innergex Renewable Energy had a positive trailing twelve-month return on equity of 1.69% and a negative net margin of 1.44%. View Innergex Renewable Energy's earnings history. 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, June 22nd. Shareholders of record on Thursday, June 30th will be paid a dividend of $0.1383 per share on Friday, July 15th. This represents a yield of 4.12%. The ex-dividend date of this dividend is Wednesday, June 29th. View Innergex Renewable Energy's dividend history. Is Innergex Renewable Energy a good dividend stock? Innergex Renewable Energy(OTCMKTS:INGXF) pays an annual dividend of $0.57 per share and currently has a dividend yield of 4.11%. INGXF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. View Innergex Renewable Energy's dividend history. Who are Innergex Renewable Energy's key executives? Innergex Renewable Energy's management team includes the following people: Mr. Michel Letellier M.B.A., MBA, Pres, CEO & Director (Age 57, Pay $992.78k)Mr. Jean Trudel M.B.A., MBA, Chief Financial OfficerMr. Yves Baribeault Eng., L.L.B., M.B.A., LL.B., MBA, Chief Legal Officer & Sec.Ms. Pascale Tremblay ING, M.Sc., Chief Asset OfficerMr. Niko Nikolaidis M.B.A., M.Sc., VP of Investments & FinancingMs. Karine Vachon, Sr. Director CommunicationsMs. Alexandra Boislard Pepin M.B.A., Chief HR OfficerMr. Renaud De Batz de Trenquelleon M.B.A., P.Geo., M.Sc., MBA, Sr. VP of Latin AmericaMr. Richard Blanchet P.Eng., M.Sc., Sr. VP of Hydro & Special ProjectsMr. Guillaume Jumel, VP & MD of France Who are some of Innergex Renewable Energy's key competitors? Some companies that are related to Innergex Renewable Energy include ALLETE (ALE), NorthWestern (NWE), Avista (AVA), Sunnova Energy International (NOVA), Unitil (UTL), Via Renewables (VIA), Genie Energy (GNE), VivoPower International (VVPR), EuroSite Power (EUSP), Premier Power Renewable Energy (PPRW) and United Utilities Group (UUGRY). View all of INGXF's competitors. 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 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 $13.44. How much money does Innergex Renewable Energy make? Innergex Renewable Energy (OTCMKTS:INGXF) has a market capitalization of $2.74 billion and generates $596.15 million in revenue each year. The company earns $-153,040,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis. How many employees does Innergex Renewable Energy have? Innergex Renewable Energy 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 Innergex Renewable Energy 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. 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