Innergex Renewable Energy Company Profile (TSE:INE)

About Innergex Renewable Energy

Innergex Renewable Energy logoInnergex Renewable Energy Inc. is an independent renewable power producer. The Company is a developer, owner and operator of renewable power-generating facilities with a focus on hydroelectric, wind power and solar photovoltaic (PV) projects. It operates through four segments: hydroelectric generation, wind power generation, solar power generation and site development. Through its hydroelectric, wind power and solar power generation segments, it sells electricity produced by its hydroelectric, wind farm and solar facilities to publicly owned utilities or other creditworthy counterparties. Through its site development segment, it analyzes sites and develops hydroelectric, wind and solar facilities up to the commissioning stage. Its portfolio of assets consists of interests in approximately three groups of power-generating project. It has over 30 facilities with a net installed capacity of over 710 megawatts. The Company owns interests in approximately 30 hydroelectric facilities.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: INE
  • CUSIP:
Key Metrics:
  • Previous Close: $14.55
  • 50 Day Moving Average: $14.96
  • 200 Day Moving Average: $14.07
  • Trailing P/E Ratio: N/A
  • P/E Growth: 8.10
  • Market Cap: $1.57B
  • Outstanding Shares: 108,022,000
Additional Links:

Analyst Ratings

Consensus Ratings for Innergex Renewable Energy (TSE:INE) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: C$16.68

Analysts' Ratings History for Innergex Renewable Energy (TSE:INE)
Show:
DateFirmActionRatingPrice TargetDetails
8/17/2016DesjardinsBoost Price TargetHoldC$15.00 -> C$15.25View Rating Details
8/8/2016Royal Bank Of CanadaBoost Price TargetSector PerformC$15.00 -> C$16.00View Rating Details
8/5/2016TD SecuritiesBoost Price TargetHoldC$15.00 -> C$16.00View Rating Details
8/5/2016RBC Capital MarketsBoost Price TargetSector PerformC$15.00 -> C$16.00View Rating Details
8/5/2016BMO Capital MarketsBoost Price TargetOutperformC$17.00 -> C$18.00View Rating Details
7/21/2016Raymond James Financial Inc.Boost Price TargetC$16.25 -> C$17.50View Rating Details
7/13/2016National Bank FinancialBoost Price TargetC$16.00 -> C$18.00View Rating Details
2/26/2015ScotiabankBoost Price TargetSector PerformC$11.50 -> C$12.50View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Innergex Renewable Energy (TSE:INE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2016        
8/8/2014$0.16$0.06ViewN/AView Earnings Details
5/14/2014($0.05)($0.30)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Innergex Renewable Energy (TSE:INE)
Current Year EPS Consensus Estimate: $0.17 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.04)($0.02)($0.03)
Q2 20162$0.11$0.23$0.17
Q3 20162$0.06$0.12$0.09
Q4 20162($0.02)$0.06$0.02
Q1 20171($0.02)($0.02)($0.02)
Q2 20171$0.22$0.22$0.22
Q3 20171$0.19$0.19$0.19
Q4 20171$0.11$0.11$0.11
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Innergex Renewable Energy (TSE:INE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/13/2015C$0.136/26/20156/30/20157/15/2015
2/24/2015C$0.123/27/20153/31/20154/15/2015
11/6/2014C$0.1312/29/201412/31/20141/15/2015
8/7/2014C$0.149/26/20149/30/201410/15/2014
5/13/2014quarterlyC$0.156/26/20146/30/20147/15/2014
2/25/2014C$0.143/27/20143/31/20144/15/2014
11/5/2013C$0.1412/27/201312/31/20131/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Innergex Renewable Energy (TSE:INE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/28/2015Peter GroverInsiderBuy5,000C$10.07C$50,350.00
9/15/2015Jean TrudelInsiderBuy4,300C$10.04C$43,172.00
8/25/2015Jean PerronInsiderBuy5,000C$10.10C$50,500.00
8/13/2015Daniel LafranceDirectorBuy3,000C$10.65C$31,950.00
8/7/2015Daniel LafranceDirectorBuy3,000C$10.55C$31,650.00
3/31/2015Batz De Trenquell�On Renau DeInsiderSell5,000C$11.10C$55,500.00
3/30/2015Batz De Trenquell�On Renau DeInsiderSell5,000C$11.20C$56,000.00
3/20/2015Batz De Trenquelléon Renau DeInsiderSell5,000C$11.40C$57,000.00
3/19/2015Batz De Trenquelléon Renau DeInsiderSell10,000C$11.50C$115,000.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Innergex Renewable Energy (TSE:INE)
DateHeadline
News IconInnergex brings 40.6 MW hydro project in southern B.C. fully online (TSE:INE)
www.canadianmanufacturing.com - August 26 at 8:37 AM
News IconInnergex begins operation of Big Silver Creek hydro plant (TSE:INE)
www.plant.ca - August 26 at 8:37 AM
News IconInnergex announces commercial startup of 40.6-MW Big Silver Creek hydroelectric plant (TSE:INE)
www.hydroworld.com - August 26 at 8:37 AM
4-traders.com logoInnergex Renewable Energy : begins commercial operation of the 40.6 MW Big Silver Creek hydroelectric facility (TSE:INE)
www.4-traders.com - August 26 at 8:37 AM
publicnow.com logoInnergex begins commercial operation of the 40.6 MW Big Silver Creek hydroelectric facility (TSE:INE)
www.publicnow.com - August 25 at 10:40 AM
capitalcube.com logoETF’s with exposure to Innergex Renewable Energy, Inc. : August 22, 2016 (TSE:INE)
www.capitalcube.com - August 22 at 5:42 PM
News IconRenewable energy resources powering Mississippi’s economy (TSE:INE)
www.sunherald.com - August 22 at 10:12 AM
capitalcube.com logoInnergex Renewable Energy, Inc. breached its 50 day moving average in a Bearish Manner : INE-CA : August 22, 2016 (TSE:INE)
www.capitalcube.com - August 22 at 10:12 AM
News IconNew Karma Revero comes with solar roof "to power the car" (TSE:INE)
renewables.seenews.com - August 15 at 6:35 AM
News IconDOE endorses 49 mixed power projects (TSE:INE)
www.philstar.com - August 14 at 10:13 AM
capitalcube.com logoInnergex Renewable Energy, Inc. :INE-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (TSE:INE)
www.capitalcube.com - August 12 at 5:44 PM
capitalcube.com logoETF’s with exposure to Innergex Renewable Energy, Inc. : August 11, 2016 (TSE:INE)
www.capitalcube.com - August 11 at 5:52 PM
capitalcube.com logoInnergex Renewable Energy, Inc. breached its 50 day moving average in a Bearish Manner : INE-CA : August 10, 2016 (TSE:INE)
www.capitalcube.com - August 10 at 8:31 AM
News IconResearch Reports Initiated on Utilities Stocks ATCO, Brookfield Infrastructure Partners, Innergex Renewable Energy, and Atlantic Power (TSE:INE)
news.investornetwork.com - August 8 at 10:22 AM
News IconHydro drives Innergex profit (TSE:INE)
renews.biz - August 5 at 5:47 PM
finance.yahoo.com logoEdited Transcript of INE.TO earnings conference call or presentation 4-Aug-16 7:00pm GMT (TSE:INE)
finance.yahoo.com - August 5 at 8:39 AM
bizjournals.com logoApple gets permission to begin selling excess renewable energy (TSE:INE)
www.bizjournals.com - August 4 at 5:56 PM
twst.com logoREG – Renewable Energy Group Inc.: Renewable Energy Group Reports Second Quarter 2016 Financial Results (TSE:INE)
www.twst.com - August 4 at 5:56 PM
marketwatch.com logoInnergex reports second quarter and half-year 2016 results (TSE:INE)
www.marketwatch.com - August 4 at 5:56 PM
reuters.com logoBRIEF-Innergex reports Q2 earnings per share of C$0.19 (TSE:INE)
www.reuters.com - August 4 at 5:56 PM
publicnow.com logoSecond quarter 2016 results conference call and webcast - presentation (TSE:INE)
www.publicnow.com - August 4 at 5:56 PM
News IconAnbaric Renewable Electricity Transmission Using High-Voltage Direct Current Technology (TSE:INE)
greenbuildingelements.com - August 4 at 8:40 AM
biz.yahoo.com logoQ2 2016 Innergex Renewable Energy Inc Earnings Release - Time Not Supplied (TSE:INE)
biz.yahoo.com - August 4 at 8:40 AM
News IconNew York Approves 50% Renewable Energy Target—and It Will Depend on Nuclear to Get There (TSE:INE)
www.greentechmedia.com - August 3 at 8:52 AM
finance.yahoo.com logo/R E P E A T -- Advisory - Innergex second quarter 2016 results - Conference call and webcast/ (TSE:INE)
finance.yahoo.com - August 2 at 10:28 AM
News IconSerious Business: Should Renewable Energy Continue Receiving Government Subsidies? (TSE:INE)
www.inc.com - July 30 at 8:31 AM
fool.ca logoWhat’s at Stake for Renewable Power Developers and Generators in Ontario? (TSE:INE)
www.fool.ca - July 29 at 8:35 AM
News IconRepublic Services unveils 24.1 MW landfill gas-to-energy project (TSE:INE)
biomassmagazine.com - July 27 at 5:56 PM
4-traders.com logoInnergex Renewable Energy : Advisory - Innergex second quarter 2016 results - Conference call and webcast (TSE:INE)
www.4-traders.com - July 26 at 8:36 AM
finance.yahoo.com logoAdvisory - Innergex second quarter 2016 results - Conference call and webcast (TSE:INE)
finance.yahoo.com - July 25 at 4:00 PM
capitalcube.com logoETF’s with exposure to Innergex Renewable Energy, Inc. : July 25, 2016 (TSE:INE)
www.capitalcube.com - July 25 at 1:31 PM
breakingfinancenews.com logoInnergex Renewable Energy (TSE:INE) stock price target increased to $18 as announced today by Raymond James (TSE:INE)
breakingfinancenews.com - July 24 at 10:00 AM
law360.com logoRenewable Energy Co. Faces SEC Subpoena Over Stock Offering (TSE:INE)
www.law360.com - July 23 at 5:23 PM
News IconRepublic Services, Mas Energy Launch New Renewable Energy Project to Serve Metro Atlanta (TSE:INE)
www.azocleantech.com - July 23 at 9:39 AM
prnewswire.com logoRepublic Services and Mas Energy Unveil Latest Renewable Energy Project (TSE:INE)
www.prnewswire.com - July 21 at 11:41 AM
marketwired.com logoInnergex Scoops World Finance Award for Upper Lillooet Hydro Project (TSE:INE)
www.marketwired.com - July 21 at 11:41 AM
News IconUpper Lillooet Hydro awarded Hydro Power Deal of the Year in Project Finance Awards (TSE:INE)
www.hydroworld.com - July 21 at 11:41 AM
News IconMusk Energy Plan Delivers Slow Payoff in Tesla, SolarCity Merger (TSE:INE)
www.renewableenergyworld.com - July 20 at 10:00 PM
News IconBipartisan bill could increase renewable energy on public land (TSE:INE)
www.trivalleycentral.com - July 20 at 3:39 PM
News IconEnergy Storage Would Get US Tax Credits in Bipartisan Bill (TSE:INE)
www.renewableenergyworld.com - July 20 at 3:39 PM
News IconOpinion: Low-cost clean energy attracts data centers to Iowa (TSE:INE)
www.smartbrief.com - July 19 at 5:44 PM
News IconSenvion installs its first 3 megawatt wind turbine in North America (TSE:INE)
www.evwind.es - July 18 at 5:49 PM
News IconApex Clean Energy Sells Stake In 217 MW Renewables Portfolio (TSE:INE)
solarindustrymag.com - July 15 at 4:42 PM
News IconD. E. Shaw Renewable Investments buys 100 MW North Star solar project from Community Energy (TSE:INE)
www.elp.com - July 15 at 4:42 PM
News Icon“Internet of energy” start-up taps booming Australian solar + storage market (TSE:INE)
reneweconomy.com.au - July 14 at 5:49 PM
News IconClean energy IPP near Harrison Lake up and running (TSE:INE)
www.bclocalnews.com - July 14 at 9:09 AM
businesswire.com logoEDF Renewable Energy and Axium Infrastructure Enter into an Agreement to Partner on Slate Creek Wind Project (TSE:INE)
www.businesswire.com - July 12 at 10:01 AM
News IconAboitiz unit expands clean energy portfolio (TSE:INE)
business.inquirer.net - July 8 at 8:32 AM
publicnow.com logoInnergex celebrates the commissioning of the Tretheway Creek Hydroelectric Facility (TSE:INE)
www.publicnow.com - July 6 at 6:31 PM
News IconAboitizPower adds biomass to renewable energy line (TSE:INE)
www.philstar.com - July 6 at 5:52 PM

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Innergex Renewable Energy (TSE:INE) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff