TSE:INE - Innergex Renewable Energy Stock Price, News, & Analysis

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C$14.37 +0.11 (+0.77 %)
(As of 03/20/2019 04:00 PM ET)
Previous CloseC$14.26
Today's RangeC$14.21 - C$14.42
52-Week RangeC$11.66 - C$14.75
Volume132,691 shs
Average Volume299,457 shs
Market CapitalizationC$1.91 billion
P/E Ratio69.76
Dividend Yield4.91%
BetaN/A
Innergex Renewable Energy Inc. operates as an independent renewable power producer. It develops, owns, and operates run-of-river hydroelectric facilities, wind farms, solar photovoltaic farms, and geothermal power facilities. The company operates through four segments: Hydroelectric Generation, Wind Power Generation, Solar Power Generation, and Site Development. As of October 22, 2018, it had interests in 68 operating facilities with a net installed capacity of 1,725 megawatt (MW), including 37 hydroelectric facilities, 25 wind farms, 4 solar farms, and 2 geothermal power facilities, as well as 5 development projects with net installed capacity of 719 MW and prospective projects with net installed capacity of 8,382 MW. The company has operations in Quebec, Ontario, and British Columbia, Canada; and the United States, France, and Iceland. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.

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Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
CIKN/A
Phone+1-450-9282550

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$576.62 million
Cash FlowC$0.60 per share
Book ValueC$3.75 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$1.91 billion
Next Earnings Date5/21/2019 (Estimated)
OptionableNot Optionable

Innergex Renewable Energy (TSE:INE) Frequently Asked Questions

What is Innergex Renewable Energy's stock symbol?

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

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

Innergex Renewable Energy declared a quarterly dividend on Wednesday, February 27th. Investors of record on Friday, March 29th will be given a dividend of 0.175 per share on Monday, April 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date is Thursday, March 28th. This is a boost from Innergex Renewable Energy's previous quarterly dividend of $0.17. View Innergex Renewable Energy's Dividend History.

When is Innergex Renewable Energy's next earnings date?

Innergex Renewable Energy is scheduled to release their next quarterly earnings announcement on Tuesday, May 21st 2019. View Earnings Estimates for Innergex Renewable Energy.

What price target have analysts set for INE?

5 brokerages have issued 1 year target prices for Innergex Renewable Energy's shares. Their predictions range from C$13.50 to C$18.50. On average, they expect Innergex Renewable Energy's stock price to reach C$15.93 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for Innergex Renewable Energy.

What is the consensus analysts' recommendation for Innergex Renewable Energy?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Innergex Renewable Energy.

Has Innergex Renewable Energy been receiving favorable news coverage?

Media headlines about INE stock have been trending positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Innergex Renewable Energy earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Innergex Renewable Energy's key competitors?

What other stocks do shareholders of Innergex Renewable Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Innergex Renewable Energy investors own include CanWel Building Materials Group (CWX), Inter Pipeline (IPL), L Brands (LB), Altagas (ALA), BCE (BCE), Extendicare (EXE), RioCan Real Estate Investment Trust (REI.UN), Exxon Mobil (XOM), Canadian National Railway (CNR) and Barrick Gold (GOLD).

Who are Innergex Renewable Energy's key executives?

Innergex Renewable Energy's management team includes the folowing people:
  • Mr. Michel Letellier M.B.A., MBA, Pres, CEO & Director (Age 54)
  • Mr. François Hébert, Sr. VP of Operations & Maintenance
  • Mr. Jean Trudel MBA, Chief Investment & Devel. Officer
  • Mr. Jean Perron CPA, CA, CMA, Sr. VP & Management Advisor
  • Mr. Renaud De Batz de Trenquelléon P.Geo., M.Sc., MBA, Sr. VP of Latin America

How do I buy shares of Innergex Renewable Energy?

Shares of INE 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.

What is Innergex Renewable Energy's stock price today?

One share of INE stock can currently be purchased for approximately C$14.37.

How big of a company is Innergex Renewable Energy?

Innergex Renewable Energy has a market capitalization of C$1.91 billion and generates C$576.62 million in revenue each year.

What is Innergex Renewable Energy's official website?

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

How can I contact Innergex Renewable Energy?

Innergex Renewable Energy's mailing address is East Tower 1111 Saint-Charles St W Suite 1255, LONGUEUIL, QC J4K 5G4, Canada. The company can be reached via phone at +1-450-9282550.


MarketBeat Community Rating for Innergex Renewable Energy (TSE INE)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  198 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  491
MarketBeat's community ratings are surveys of what our community members think about Innergex Renewable Energy and other stocks. Vote "Outperform" if you believe INE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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