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: $13.86
  • 50 Day Moving Average: $13.90
  • 200 Day Moving Average: $14.20
  • 52-Week Range: C$12.43 - C$15.80
  • Trailing P/E Ratio: N/A
  • P/E Growth: 6.79
  • Market Cap: $1.54B
  • Outstanding Shares: 108,181,000
Additional Links:

Analyst Ratings

Consensus Ratings for Innergex Renewable Energy (TSE:INE) (?)
Ratings Breakdown: 6 Hold Ratings, 2 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: C$16.47

Analysts' Ratings History for Innergex Renewable Energy (TSE:INE)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Raymond James Financial, Inc.Reiterated RatingStrong-BuyC$17.50View Rating Details
2/24/2017Royal Bank of CanadaReiterated RatingSector PerformView Rating Details
2/9/2017CIBCBoost Price TargetC$15.50 -> C$16.50View Rating Details
1/19/2017AltaCorp CapitalReiterated RatingSector PerformView Rating Details
11/11/2016TD SecuritiesLower Price TargetHoldC$16.00 -> C$14.50View Rating Details
8/17/2016DesjardinsBoost Price TargetHoldC$15.00 -> C$15.25View 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
7/13/2016National 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 2/25/2015 forward)

Earnings

Earnings History for Innergex Renewable Energy (TSE:INE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
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: $0.12 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$0.07$0.12$0.10
Q4 20162$0.04$0.06$0.05
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
finance.yahoo.com logoEdited Transcript of INE.TO earnings conference call or presentation 24-Feb-17 2:00pm GMT (TSE:INE)
finance.yahoo.com - February 25 at 2:26 AM
4-traders.com logoInnergex Renewable Energy : posts 4Q profit (TSE:INE)
www.4-traders.com - February 24 at 10:16 AM
4-traders.com logoInnergex Renewable Energy : reports its year-end 2016 results (TSE:INE)
www.4-traders.com - February 23 at 5:55 PM
News IconEstimating the intrinsic value of Innergex Renewable Energy Inc (TSX:INE) (TSE:INE)
simplywall.st - February 23 at 5:55 PM
reuters.com logoBRIEF-Innergex Renewable Energy posts Q4 earnings per share of C$0.08 (TSE:INE)
www.reuters.com - February 23 at 5:55 PM
biz.yahoo.com logoQ4 2016 Innergex Renewable Energy Inc Earnings Release - Time Not Supplied (TSE:INE)
biz.yahoo.com - February 23 at 5:55 PM
finance.yahoo.com logoInnergex reports its year-end 2016 results (TSE:INE)
finance.yahoo.com - February 23 at 5:55 PM
News IconInnergex and Desjardins complete Yonne wind farm acquisition (TSE:INE)
ijglobal.com - February 22 at 12:39 PM
News IconInnergex bags 44MW in France (TSE:INE)
renews.biz - February 22 at 12:39 PM
News IconInnergex Completes Latest Wind Acquisition (TSE:INE)
nawindpower.com - February 22 at 12:39 PM
4-traders.com logoInnergex Renewable Energy : extends and amends its revolving credit facility (TSE:INE)
www.4-traders.com - February 22 at 12:39 PM
News IconInnergex completes the acquisition of the Yonne wind farm in France (TSE:INE)
www.electricenergyonline.com - February 22 at 12:39 PM
finance.yahoo.com logoInnergex extends and amends its revolving credit facility (TSE:INE)
finance.yahoo.com - February 22 at 12:39 PM
finance.yahoo.com logo/REPEAT -- Advisory Correction - Innergex year-end 2016 results conference call and webcast/ - Yahoo Finance (TSE:INE)
finance.yahoo.com - February 15 at 9:04 PM
finance.yahoo.com logo/R E P E A T -- Advisory Correction - Innergex year-end 2016 results conference call and webcast/ (TSE:INE)
finance.yahoo.com - February 15 at 9:04 PM
capitalcube.com logoInnergex Renewable Energy, Inc. breached its 50 day moving average in a Bullish Manner : INE-CA : February 13, 2017 (TSE:INE)
www.capitalcube.com - February 13 at 11:12 AM
finance.yahoo.com logoLeader in Renewable Energy Selects Coreio Inc. to Provide North American End-User IT Managed Services (TSE:INE)
finance.yahoo.com - January 31 at 6:40 PM
News IconStock Watch: FCF Score Check on Innergex Renewable Energy Inc. (TSX:INE) - Gilbert Daily (TSE:INE)
gilbertdaily.com - January 30 at 6:37 PM
News IconInvestor Guide: Checking on Indicators for Innergex Renewable Energy Inc. (INE.TO) - Rives Journal (TSE:INE)
rivesjournal.com - January 30 at 6:37 PM
News IconInvestor Guide: Checking on Indicators for Innergex Renewable Energy Inc. (INE.TO) - Sherwood Daily (TSE:INE)
sherwooddaily.com - January 29 at 6:07 PM
business.financialpost.com logoIKEA Canada ‘walking the walk’ on investing in renewable energy with wind farm buy (TSE:INE)
business.financialpost.com - January 28 at 5:56 AM
News IconTechnicals in Focus for Innergex Renewable Energy Inc. (INE.TO) - Rives Journal (TSE:INE)
rivesjournal.com - January 27 at 12:36 AM
News IconInvestor Guide: Check on Technical Levels for Innergex Renewable Energy Inc. (INE.TO) - Rives Journal (TSE:INE)
rivesjournal.com - January 27 at 12:36 AM
News IconWhat The Charts Are Saying About Innergex Renewable Energy Inc. (TSX:INE) - Gilbert Daily (TSE:INE)
gilbertdaily.com - January 27 at 12:36 AM
finance.yahoo.com logoAdvisory Correction - Innergex year-end 2016 results conference call and webcast - Yahoo Finance (TSE:INE)
finance.yahoo.com - January 27 at 12:36 AM
finance.yahoo.com logoAdvisory Correction - Innergex year-end 2016 results conference call and webcast (TSE:INE)
finance.yahoo.com - January 26 at 7:34 PM
investopedia.com logoTwo Renewable Energy Stocks for 2017 (TSE:INE)
www.investopedia.com - January 26 at 12:21 AM
marketwired.com logoIdenergie Launches a Revolutionary Renewable Energy Management System (TSE:INE)
www.marketwired.com - January 24 at 6:41 PM
News IconWilliams %R, RSI, and ADX Update for Innergex Renewable Energy Inc. (INE.TO) - Rives Journal (TSE:INE)
rivesjournal.com - January 24 at 4:16 AM
4-traders.com logoTransAlta Corporation : Research Reports Initiated on Utilities Stocks TransAlta, Innergex Renewable Energy, Alaska Hydro, and Polaris Infrastructure (TSE:INE)
www.4-traders.com - January 23 at 10:50 AM
capitalcube.com logoInnergex Renewable Energy, Inc. breached its 50 day moving average in a Bullish Manner : INE-CA : January 23, 2017 (TSE:INE)
www.capitalcube.com - January 23 at 10:50 AM
4-traders.com logoInnergex Renewable Energy : Advisory – Innergex year-end 2016 results conference call and webcast (TSE:INE)
www.4-traders.com - January 19 at 7:42 PM
finance.yahoo.com logoAdvisory - Innergex year-end 2016 results conference call and webcast (TSE:INE)
finance.yahoo.com - January 19 at 7:42 PM
4-traders.com logoInnergex Renewable Energy : Michel Letellier speaks at the Energy Summit (TSE:INE)
www.4-traders.com - January 17 at 9:03 PM
News IconADX Watch on Shares of Innergex Renewable Energy Inc. (INE.TO) - Rives Journal (TSE:INE)
rivesjournal.com - January 17 at 3:16 PM
News IconCan Innergex Renewable Energy Inc's Tomorrow be Different? The Stock Declines Again - Fair Herald (TSE:INE)
fairherald.com - January 14 at 5:14 AM
capitalcube.com logoInnergex Renewable Energy, Inc. – Value Analysis (TORONTO:INE) : January 12, 2017 (TSE:INE)
www.capitalcube.com - January 12 at 6:23 PM
capitalcube.com logoInnergex Renewable Energy, Inc. breached its 50 day moving average in a Bearish Manner : INE-CA : January 11, 2017 (TSE:INE)
www.capitalcube.com - January 11 at 6:32 PM
seekingalpha.com logoTidal Power - How To Invest In The Next Major Renewables Market (TSE:INE)
seekingalpha.com - January 11 at 8:00 AM
News IconMi’gmaq wind project wraps up in Quebec (TSE:INE)
dailycommercialnews.com - January 9 at 3:45 AM
News IconAC Energy divests in hydropower, focuses on wind, solar (TSE:INE)
www.philstar.com - January 4 at 2:03 AM
News IconInnergex plugs in 150 MW wind farm on Quebec’s Gaspé Peninsula (TSE:INE)
www.canadianmanufacturing.com - January 3 at 9:01 PM
newswire.ca logoThe three Mi'gmaq communities of Quebec along with Innergex announce the beginning of commercial operation of the ... - Canada NewsWire (press release) (TSE:INE)
www.newswire.ca - December 31 at 5:49 PM
News IconInnergex spinning in Quebec (TSE:INE)
renews.biz - December 30 at 6:21 PM
News IconInnergex Begins Operations At 150 MW Quebec Wind Farm (TSE:INE)
nawindpower.com - December 30 at 6:21 PM
capitalcube.com logoInnergex Renewable Energy, Inc. breached its 50 day moving average in a Bullish Manner : INE-CA : December 30, 2016 (TSE:INE)
www.capitalcube.com - December 30 at 6:21 PM
4-traders.com logoINNERGEX RENEWABLE ENERGY : The three Mi’gmaq communities of Quebec along .. (TSE:INE)
www.4-traders.com - December 29 at 11:05 PM
News IconThe three Mi'gmaq communities of Quebec along with Innergex announce the beginning of commercial operation of the ... - The Province (TSE:INE)
www.theprovince.com - December 29 at 5:59 PM
finance.yahoo.com logoThe three Mi'gmaq communities of Quebec along with Innergex announce the beginning of commercial operation of the Mesgi'g Ugju's'n wind project (TSE:INE)
finance.yahoo.com - December 29 at 5:59 PM
publicnow.com logoThe three Mi’gmaq communities of Quebec along with Innergex announce the beginning of commercial operation of the Mesgi’g Ugju’s’n wind project (TSE:INE)
www.publicnow.com - December 29 at 5:59 PM

Social

What is Innergex Renewable Energy's stock symbol?

Innergex Renewable Energy trades on the Tornton Stock Exchange (TSX) under the ticker symbol "INE."

Where is Innergex Renewable Energy's stock going? Where will Innergex Renewable Energy's stock price be in 2017?

9 brokers have issued 12 month price targets for Innergex Renewable Energy's stock. Their predictions range from C$14.50 to C$18.00. On average, they expect Innergex Renewable Energy's stock price to reach C$16.47 in the next year.

When will Innergex Renewable Energy announce their earnings?

Innergex Renewable Energy is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

How do I buy Innergex Renewable Energy stock?

Shares of Innergex Renewable Energy and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Innergex Renewable Energy stock cost?

One share of Innergex Renewable Energy stock can currently be purchased for approximately C$14.24.

Innergex Renewable Energy (TSE:INE) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Innergex Renewable Energy (TSE:INE)

Earnings History Chart

Earnings by Quarter for Innergex Renewable Energy (TSE:INE)

Dividend History Chart

Dividend Payments by Quarter for Innergex Renewable Energy (TSE:INE)

Last Updated on 2/25/2017 by MarketBeat.com Staff