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OTCMKTS:INGXF

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

$7.50
-0.03 (-0.40%)
(As of 10:30 AM ET)
Today's Range
$7.50
$7.50
50-Day Range
$5.66
$7.80
52-Week Range
$5.26
$10.22
Volume
700 shs
Average Volume
49,337 shs
Market Capitalization
$1.53 billion
P/E Ratio
N/A
Dividend Yield
3.60%
Price Target
$24.50

Innergex Renewable Energy MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
225.4% Upside
$24.50 Price Target
Short Interest
Bearish
0.79% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.76mentions of Innergex Renewable Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.29 out of 5 stars

INGXF stock logo

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 renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 21, 2024, it owned and operated 87 facilities with a net installed capacity of 3,600 megawatts, including 41 hydroelectric facilities, 35 wind facilities, 9 solar facilities, and 2 battery energy storage facilities. The company is headquartered in Longueuil, Canada.

INGXF Stock Price History

INGXF Stock News Headlines

Kiss of death from Joe Biden
Biden cannot lose this election. A bombshell new documentary exposes how the D.C establishment has engineered an “electoral failsafe” that all but guarantees Democratic victory… not just in 2024 but every future election.
Innergex Renewable Energy Inc (INE-PC.TO)
Kiss of death from Joe Biden
Biden cannot lose this election. A bombshell new documentary exposes how the D.C establishment has engineered an “electoral failsafe” that all but guarantees Democratic victory… not just in 2024 but every future election.
Innergex: The Path Is Right, Yet Still Some Shadows
Innergex Renewable Energy price target lowered by C$0.50 at CIBC
Innergex Renewable Energy Inc INE
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Last Earnings
5/08/2024
Today
6/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
N/A
Current Symbol
OTCMKTS:INGXF
CIK
N/A
Employees
602
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.50
High Stock Price Target
$26.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+226.7%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$-72,930,000.00
Pretax Margin
-16.31%

Debt

Sales & Book Value

Annual Sales
$771.53 million
Cash Flow
$1.28 per share
Book Value
$3.89 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.53 billion
Optionable
Not Optionable
Beta
0.64
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Key Executives

  • Mr. Michel Letellier MBA (Age 59)
    President, CEO & Director
    Comp: $1.08M
  • Mr. Jean Trudel M.B.A.
    Chief Financial Officer
  • Mr. Yves Baribeault Eng.
    L.L.B., M.B.A., Chief Legal Officer & Secretary
  • Ms. Alexandra Boislard Pepin M.B.A.
    Chief Human Resources Officer
  • Ms. Pascale Tremblay Eng.
    ING, M.Sc., Chief Asset Officer
  • Mr. Niko Nikolaidis M.B.A.
    M.Sc., Vice President of Investments & Financing
  • Mr. Naji Baydoun C.F.A.
    Director of Investor Relations
  • Ms. Karine Vachon
    Senior Director – Communications
  • Mr. Guillaume Jumel
    VP & MD of France
  • Mr. Jaime Pino
    VP & MD of Chile

INGXF Stock Analysis - Frequently Asked Questions

What is Innergex Renewable Energy's stock price target for 2024?

0 Wall Street analysts have issued 12 month price objectives for Innergex Renewable Energy's stock. Their INGXF share price targets range from $23.00 to $26.00. On average, they expect the company's stock price to reach $24.50 in the next year. This suggests a possible upside of 225.4% 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 2024?

Innergex Renewable Energy's stock was trading at $6.97 at the beginning of 2024. Since then, INGXF stock has increased by 8.0% and is now trading at $7.53.
View the best growth stocks for 2024 here
.

Are investors shorting Innergex Renewable Energy?

Innergex Renewable Energy saw a increase in short interest in May. As of May 31st, there was short interest totaling 1,616,200 shares, an increase of 5.6% from the May 15th total of 1,530,000 shares. Based on an average daily trading volume, of 45,500 shares, the short-interest ratio is currently 35.5 days.
View Innergex Renewable Energy's Short Interest
.

How were Innergex Renewable Energy's earnings last quarter?

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) posted its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.08) EPS for the quarter. The firm had revenue of $179.91 million for the quarter. Innergex Renewable Energy had a negative trailing twelve-month return on equity of 0.69% and a negative net margin of 12.81%.

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

Innergex Renewable Energy announced a dividend on Thursday, March 21st. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.0666 per share on Monday, April 15th. This represents a yield of 4.52%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for INGXF
.

Is Innergex Renewable Energy a good dividend stock?

Innergex Renewable Energy (OTCMKTS:INGXF) pays an annual dividend of $0.27 per share and currently has a dividend yield of 3.49%.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:INGXF) was last updated on 6/18/2024 by MarketBeat.com Staff

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