Innergex Renewable Energy Company Profile (TSE:INE)

About Innergex Renewable Energy (TSE:INE)

Innergex 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
Symbol: TSE:INE
CUSIP: N/A
Web: N/A

Capitalization:

Market Cap: C$1.58 billion
Outstanding Shares: 108,443,000

Average Prices:

50 Day Moving Avg: C$14.28
200 Day Moving Avg: C$14.06
52 Week Range: C$12.43 - C$15.80

P/E:

Trailing P/E Ratio: 66.18
P/E Growth: 1.79

Sales & Book Value:

Annual Revenue: C$304.83 million
Price / Sales: 5.18
Book Value: C$3.00 per share
Price / Book: 4.85

Dividend:

Dividend Yield: 4.5%

Profitability:

EBIDTA: C$219.84 million

Misc:

Average Volume: 127,216 shs.
Short Ratio: 33.29

Frequently Asked Questions for Innergex Renewable Energy (TSE:INE)

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?

7 equities research analysts have issued 1-year target prices for Innergex Renewable Energy's shares. Their predictions range from C$15.00 to C$18.50. On average, they anticipate Innergex Renewable Energy's stock price to reach C$16.86 in the next twelve months. View Analyst Ratings for Innergex Renewable Energy.

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

Some companies that are related to Innergex Renewable Energy include Detour Gold (DGC), Domtar Corp (UFS), Stella-Jones (SJ), FirstService Corp (FSV), Parkland Fuel Corp (PKI), Genworth MI Canada (MIC), OceanaGold (OGC), Colliers International Group (CIGI), Premium Brands Holdings Corp (PBH), DH Corp (DH), IAMGOLD Corp (IMG), WestJet Airlines (WJA), Celestica (CLS), Enerplus Corp (ERF), Gibson Energy (GEI), Alamos Gold (AGI), Parex Resources (PXT) and Canfor (CFP).

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$14.56.

Consensus Ratings for Innergex Renewable Energy (TSE:INE) (?)

Ratings Breakdown:	4 Hold Ratings, 3 Buy Ratings
Consensus Rating:	Hold (Score: 2.43)
Consensus Price Target:	C$16.86

Analysts' Ratings History for Innergex Renewable Energy (TSE:INE)

Show:

Date	Firm	Action	Rating	Price Target
5/5/2017	TD Securities	Boost Price Target	Hold	C$14.50 -> C$15.00
5/4/2017	AltaCorp Capital	Downgrade	Outperform -> Sector Perform
5/4/2017	Raymond James Financial, Inc.	Boost Price Target	Outperform	C$17.50 -> C$18.50
5/4/2017	Desjardins	Boost Price Target	Hold -> Buy	C$15.50 -> C$16.00
2/24/2017	Royal Bank of Canada	Reiterated Rating	Sector Perform
2/9/2017	CIBC	Boost Price Target		C$15.50 -> C$16.50
8/5/2016	BMO Capital Markets	Boost Price Target	Outperform	C$17.00 -> C$18.00
7/13/2016	National Bank Financial	Boost Price Target		C$16.00 -> C$18.00

(Data available from 5/28/2015 forward)

Earnings History for Innergex Renewable Energy (TSE:INE)

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

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

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call	Details
8/7/2014		$0.16	$0.06	$74.05 million	$69.65 million	View	N/A
5/13/2014		($0.05)	($0.30)	$40.50 million	$37.60 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Innergex Renewable Energy (TSE:INE)

2017 EPS Consensus Estimate: $0.49

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	2	($0.02)	$0.03	$0.01
Q2 2017	2	$0.22	$0.22	$0.22
Q3 2017	2	$0.15	$0.19	$0.17
Q4 2017	2	$0.07	$0.11	$0.09

(Data provided by Zacks Investment Research)

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

Announced	Period	Amount	Ex-Dividend Date	Record Date	Payable Date
5/13/2015		$0.13	6/26/2015	6/30/2015	7/15/2015
2/24/2015		$0.12	3/27/2015	3/31/2015	4/15/2015
11/6/2014		$0.13	12/29/2014	12/31/2014	1/15/2015
8/7/2014		$0.14	9/26/2014	9/30/2014	10/15/2014
5/13/2014	quarterly	$0.15	6/26/2014	6/30/2014	7/15/2014
2/25/2014		$0.14	3/27/2014	3/31/2014	4/15/2014
11/5/2013		$0.14	12/27/2013	12/31/2013	1/15/2014

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Innergex Renewable Energy (TSE:INE)

Insider Trades by Quarter for Innergex Renewable Energy (TSE:INE)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/28/2015	Peter Grover	Insider	Buy	5,000	C$10.07	C$50,350.00
9/15/2015	Jean Trudel	Insider	Buy	4,300	C$10.04	C$43,172.00
8/25/2015	Jean Perron	Insider	Buy	5,000	C$10.10	C$50,500.00
8/13/2015	Daniel Lafrance	Director	Buy	3,000	C$10.65	C$31,950.00
8/7/2015	Daniel Lafrance	Director	Buy	3,000	C$10.55	C$31,650.00
3/31/2015	Batz De Trenquell�On Renau De	Insider	Sell	5,000	C$11.10	C$55,500.00
3/30/2015	Batz De Trenquell�On Renau De	Insider	Sell	5,000	C$11.20	C$56,000.00
3/20/2015	Batz De Trenquelléon Renau De	Insider	Sell	5,000	C$11.40	C$57,000.00
3/19/2015	Batz De Trenquelléon Renau De	Insider	Sell	10,000	C$11.50	C$115,000.00

(Data available from 1/1/2013 forward)

Headline Trends for Innergex Renewable Energy (TSE:INE) Latest Headlines for Innergex Renewable Energy (TSE:INE)

Source:

Date	Headline
	3 Utility Stocks for Your Portfolio - The Motley Fool Canada www.fool.ca - May 27 at 6:16 PM
	BRIEF-Innergex Renewable announces commercial operation of two wind farms in France www.reuters.com - May 26 at 6:40 PM
	Innergex begins commercial operation of the 25.3 MW Boulder Creek hydroelectric facility finance.yahoo.com - May 26 at 6:40 PM
	Innergex announces commercial operation of two wind farms in France finance.yahoo.com - May 26 at 6:40 PM
	Innergex Renewable Energy Inc (INE) Given Average Rating of "Hold" by Brokerages www.americanbankingnews.com - May 26 at 10:50 AM
	Innergex Renewable Energy, Inc. breached its 50 day moving average in a Bullish Manner : INE-CA : May 24, 2017 finance.yahoo.com - May 24 at 11:34 AM
	Innergex completes the acquisition of three wind projects in France finance.yahoo.com - May 24 at 11:34 AM
	FY2018 Earnings Forecast for Innergex Renewable Energy Inc Issued By National Bank Financial (INE) www.americanbankingnews.com - May 15 at 9:28 AM
	Innergex Renewable Energy Makes Bullish Cross Above Critical Moving Average www.nasdaq.com - May 12 at 11:39 PM
	National Bank Financial Equities Analysts Decrease Earnings Estimates for Innergex Renewable Energy Inc (INE) www.americanbankingnews.com - May 12 at 8:10 AM
	Innergex Renewable Energy, Inc. – Value Analysis (TORONTO:INE) : May 11, 2017 finance.yahoo.com - May 11 at 11:33 PM
	Innergex announces director election results finance.yahoo.com - May 11 at 6:31 PM
	Edited Transcript of INE.TO earnings conference call or presentation 10-May-17 1:00pm GMT finance.yahoo.com - May 10 at 11:20 PM
	Innergex reports its first quarter 2017 results www.marketwatch.com - May 9 at 5:43 PM
	Innergex posts 1Q profit marketbeat.com - May 9 at 3:11 PM
	/R E P E A T -- Advisory correction - First quarter 2017 results conference call and annual and special meeting of shareholders/ finance.yahoo.com - May 9 at 12:23 PM
	Innergex Renewable Energy, Inc. breached its 50 day moving average in a Bullish Manner : INE-CA : May 9, 2017 finance.yahoo.com - May 9 at 12:23 PM
	Innergex Renewable Energy Inc (INE) PT Raised to C$15.00 www.americanbankingnews.com - May 6 at 12:21 PM
	Innergex Renewable Energy Inc (INE) Cut to "Sector Perform" at AltaCorp Capital www.americanbankingnews.com - May 5 at 7:40 AM
	Raymond James Financial, Inc. Raises Innergex Renewable Energy Inc (INE) Price Target to C$18.50 www.americanbankingnews.com - May 4 at 8:26 PM
	Innergex Renewable Energy Inc (INE) Price Target Increased to C$16.00 by Analysts at Desjardins www.americanbankingnews.com - May 4 at 8:26 PM
	Innergex expands presence in France with the acquisition of 3 wind projects finance.yahoo.com - May 4 at 12:57 AM
	Innergex Renewable Energy Inc (INE) Receives Consensus Rating of "Hold" from Brokerages www.americanbankingnews.com - May 1 at 2:27 PM
	Advisory correction - First quarter 2017 results conference call and annual and special meeting of shareholders finance.yahoo.com - April 24 at 5:35 PM
	Innergex Renewable Energy Inc (INE) Stock Rating Lowered by Raymond James Financial, Inc. www.americanbankingnews.com - April 20 at 3:53 PM
	BRIEF-Innergex begins commercial operation of river hydroelectric facility www.reuters.com - April 7 at 10:27 AM
	Innergex begins commercial operation of the 81.4 MW Upper Lillooet River hydroelectric facility finance.yahoo.com - April 7 at 10:27 AM
	Innergex Renewable Energy Cumulative Rate Reset Preferred Shares, Series A Ex-Dividend Reminder www.nasdaq.com - March 28 at 11:10 AM
	Advisory - First Quarter 2017 Results Conference Call and Annual and Special Meeting of Shareholders - Yahoo Finance finance.yahoo.com - March 24 at 10:58 PM
	Advisory - First Quarter 2017 Results Conference Call and Annual and Special Meeting of Shareholders finance.yahoo.com - March 24 at 5:57 PM
	Innergex Renewable Energy Breaks Above 200-Day Moving Average - Bullish for INE www.nasdaq.com - March 21 at 5:52 PM
	2 Excellent Dividend Stocks for Your RRSP - The Motley Fool Canada www.fool.ca - March 15 at 3:08 AM
	Bullish Two Hundred Day Moving Average Cross - INE - Nasdaq www.nasdaq.com - February 28 at 6:02 PM
	Innergex Renewable Energy Inc. 2016 Q4 - Results - Earnings Call Slides seekingalpha.com - February 25 at 10:42 PM
	Edited Transcript of INE.TO earnings conference call or presentation 24-Feb-17 2:00pm GMT finance.yahoo.com - February 25 at 2:26 AM
	BRIEF-Innergex Renewable Energy posts Q4 earnings per share of C$0.08 www.reuters.com - February 23 at 5:55 PM
	Q4 2016 Innergex Renewable Energy Inc Earnings Release - Time Not Supplied biz.yahoo.com - February 23 at 5:55 PM
	Innergex reports its year-end 2016 results finance.yahoo.com - February 23 at 5:55 PM
	Innergex extends and amends its revolving credit facility finance.yahoo.com - February 22 at 12:39 PM
	/REPEAT -- Advisory Correction - Innergex year-end 2016 results conference call and webcast/ - Yahoo Finance finance.yahoo.com - February 15 at 9:04 PM
	/R E P E A T -- Advisory Correction - Innergex year-end 2016 results conference call and webcast/ finance.yahoo.com - February 15 at 9:04 PM
	Leader in Renewable Energy Selects Coreio Inc. to Provide North American End-User IT Managed Services finance.yahoo.com - January 31 at 6:40 PM
	Advisory Correction - Innergex year-end 2016 results conference call and webcast - Yahoo Finance finance.yahoo.com - January 27 at 12:36 AM
	Advisory Correction - Innergex year-end 2016 results conference call and webcast finance.yahoo.com - January 26 at 7:34 PM
	Two Renewable Energy Stocks for 2017 www.investopedia.com - January 26 at 12:21 AM
	Advisory - Innergex year-end 2016 results conference call and webcast finance.yahoo.com - January 19 at 7:42 PM
	Tidal Power - How To Invest In The Next Major Renewables Market seekingalpha.com - January 11 at 8:00 AM