OTCMKTS:INGXF

Innergex Renewable Energy Stock Forecast, Price & News

$17.70
-0.20 (-1.12 %)
(As of 04/12/2021 12:00 AM ET)
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Today's Range
$17.68
Now: $17.70
$17.99
50-Day Range
$16.84
MA: $17.91
$20.45
52-Week Range
$12.52
Now: $17.70
$25.50
Volume7,450 shs
Average Volume4,958 shs
Market Capitalization$3.09 billion
P/E RatioN/A
Dividend Yield3.07%
Beta0.52
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 Generation, Wind Power Generation, and Solar Power Generation. As of February 25, 2021, it owned and operated 75 facilities with a net installed capacity of 2,742 megawatts, which included 37 hydroelectric facilities, 32 wind farms, and six solar farms; and had interests in 10 projects under development, as well as prospective projects at various stages of development. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.
Innergex Renewable Energy logo

Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryN/A
SectorUtilities
Current SymbolOTCMKTS:INGXF
CUSIPN/A
CIKN/A
Phone45-0928-2550
Employees370
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$419.79 million
Cash Flow$0.67 per share
Book Value$2.62 per share

Profitability

Net Income$-21,130,000.00

Miscellaneous

Market Cap$3.09 billion
Next Earnings Date5/11/2021 (Estimated)
OptionableNot Optionable

Headlines

Geothermal Power Market Report 2021-2031
April 12, 2021 |  finance.yahoo.com
Innergex Renewable Energy, Inc. to Host Earnings Call
February 26, 2021 |  finance.yahoo.com
Alert: Your TFSA Needs Green Energy
February 18, 2021 |  fool.ca
dentalcorp completes $200 million capital raise
February 10, 2021 |  finance.yahoo.com
Innergex Ratings Update
December 16, 2020 |  markets.businessinsider.com
Bullish on Innergex Renewable Energy Inc.
December 4, 2020 |  theglobeandmail.com
Utilities with renewable energy are a winning combination
October 5, 2020 |  theglobeandmail.com
See More Headlines

MarketRank

Overall MarketRank

1.44 out of 5 stars

Utilities Sector

79th out of 279 stocks

Electric & Other Services Combined Industry

17th out of 27 stocks

Analyst Opinion: 4.2Community Rank: 2.2Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
$17.70
-0.20 (-1.12 %)
(As of 04/12/2021 12:00 AM ET)
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Innergex Renewable Energy (OTCMKTS:INGXF) Frequently Asked Questions

Is Innergex Renewable Energy a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Innergex Renewable Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INGXF, but not buy additional shares or sell existing shares.
View analyst ratings for Innergex Renewable Energy
or view top-rated stocks.

What stocks does MarketBeat like better than Innergex Renewable Energy?

Wall Street analysts have given Innergex Renewable Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Innergex Renewable Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Innergex Renewable Energy?

Innergex Renewable Energy saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,354,100 shares, an increase of 43.5% from the February 28th total of 2,337,700 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is presently 453.3 days.
View Innergex Renewable Energy's Short Interest
.

When is Innergex Renewable Energy's next earnings date?

Innergex Renewable Energy is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for Innergex Renewable Energy
.

How were Innergex Renewable Energy's earnings last quarter?

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) posted its quarterly earnings results on Tuesday, May, 9th. The company reported ($0.05) EPS for the quarter. The business earned $56.30 million during the quarter. Innergex Renewable Energy had a negative net margin of 16.28% and a negative trailing twelve-month return on equity of 1.72%.
View Innergex Renewable Energy's earnings history
.

How has Innergex Renewable Energy's stock price been impacted by Coronavirus (COVID-19)?

Innergex Renewable Energy's stock was trading at $13.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, INGXF stock has increased by 36.2% and is now trading at $17.70.
View which stocks have been most impacted by COVID-19
.

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

Innergex Renewable Energy announced a quarterly dividend on Tuesday, November 17th. Investors of record on Thursday, December 31st will be given a dividend of $0.135 per share on Friday, January 15th. This represents a $0.54 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Wednesday, December 30th. This is a boost from Innergex Renewable Energy's previous quarterly dividend of $0.13.
View Innergex Renewable Energy's dividend history
.

Is Innergex Renewable Energy a good dividend stock?

Innergex Renewable Energy pays an annual dividend of $0.55 per share and currently has a dividend yield of 3.07%.
View Innergex Renewable Energy's dividend history.

What price target have analysts set for INGXF?

9 equities research analysts have issued 1 year target prices for Innergex Renewable Energy's stock. Their forecasts range from $25.00 to $32.00. On average, they anticipate Innergex Renewable Energy's stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 58.2% from the stock's current price.
View analysts' price targets for Innergex Renewable Energy
or view top-rated stocks among Wall Street analysts.

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 56, Pay $856.8k)
  • Mr. Jean-François Neault C.M.A., CPA, M.B.A., CPA, CMA, MBA, CA, Chief Financial Officer
  • Mr. Peter Grover Eng., Sr. VP of Operations
  • Mr. Jean Trudel M.B.A., MBA, Chief Investment & Devel. Officer
  • Mr. Renaud De Batz de Trenquelléon P.Geo., M.Sc., MBA, Sr. VP of Latin America
  • Ms. Karine Vachon, Sr. Director – Communications
  • Mr. Yves Baribeault Eng., L.L.B., M.B.A., LL.B., MBA, Sr. VP of Legal Affairs & Sec.
  • Ms. Alexandra Boislard Pepin M.B.A., VP – HR
  • Mr. Richard Blanchet P.Eng., M.Sc., Sr. VP of Hydro & Special Projects
  • Mr. Jay Sutton P.Eng., Sr. VP of Construction & Engineering

Who are some of Innergex Renewable Energy's key 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 $17.70.

How much money does Innergex Renewable Energy make?

Innergex Renewable Energy has a market capitalization of $3.09 billion and generates $419.79 million in revenue each year.

How many employees does Innergex Renewable Energy have?

Innergex Renewable Energy employs 370 workers across the globe.

What is Innergex Renewable Energy's official website?

The official website for Innergex Renewable Energy is www.innergex.com.

Where are Innergex Renewable Energy's headquarters?

Innergex Renewable Energy is headquartered at 1225 St-Charles Street West 10th floor, Longueuil A8, J4K 0B9.

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 company can be reached via phone at 45-0928-2550 or via email at [email protected]


This page was last updated on 4/13/2021 by MarketBeat.com Staff
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