Innergex Renewable Energy Stock Forecast, Price & News

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.
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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.
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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.

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.

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.
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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.
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Innergex Renewable Energy pays an annual dividend of $0.55 per share and currently has a dividend yield of 3.07%.
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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.
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Some companies that are related to Innergex Renewable Energy include NiSource (NI), United Utilities Group (UUGRY), Sunnova Energy International (NOVA), ALLETE (ALE), NorthWestern (NWE), Avista (AVA), Unitil (UTL), Spark Energy (SPKE), Genie Energy (GNE), VivoPower International (VVPR), EuroSite Power (EUSP), Endesa (ELE) and Premier Power Renewable Energy (PPRW).
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Innergex Renewable Energy trades on the OTCMKTS under the ticker symbol "INGXF."

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.
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One share of INGXF stock can currently be purchased for approximately $17.70.

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

Innergex Renewable Energy employs 370 workers across the globe.

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

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

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]