Innergex Renewable Energy Company Profile (TSE:INE)

About Innergex Renewable Energy (TSE:INE)

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
  • 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?

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.

Analyst Ratings

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:
DateFirmActionRatingPrice TargetDetails
5/5/2017TD SecuritiesBoost Price TargetHoldC$14.50 -> C$15.00View Rating Details
5/4/2017AltaCorp CapitalDowngradeOutperform -> Sector PerformView Rating Details
5/4/2017Raymond James Financial, Inc.Boost Price TargetOutperformC$17.50 -> C$18.50View Rating Details
5/4/2017DesjardinsBoost Price TargetHold -> BuyC$15.50 -> C$16.00View Rating Details
2/24/2017Royal Bank of CanadaReiterated RatingSector PerformView Rating Details
2/9/2017CIBCBoost Price TargetC$15.50 -> C$16.50View 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
(Data available from 5/28/2015 forward)

Earnings

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)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2014$0.16$0.06$74.05 million$69.65 millionViewN/AView Earnings Details
5/13/2014($0.05)($0.30)$40.50 million$37.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Innergex Renewable Energy (TSE:INE)
2017 EPS Consensus Estimate: $0.49
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.02)$0.03$0.01
Q2 20172$0.22$0.22$0.22
Q3 20172$0.15$0.19$0.17
Q4 20172$0.07$0.11$0.09
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

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

Headline Trends for Innergex Renewable Energy (TSE:INE)
Latest Headlines for Innergex Renewable Energy (TSE:INE)
Source:
DateHeadline
fool.ca logo3 Utility Stocks for Your Portfolio - The Motley Fool Canada
www.fool.ca - May 27 at 6:16 PM
reuters.com logoBRIEF-Innergex Renewable announces commercial operation of two wind farms in France
www.reuters.com - May 26 at 6:40 PM
finance.yahoo.com logoInnergex begins commercial operation of the 25.3 MW Boulder Creek hydroelectric facility
finance.yahoo.com - May 26 at 6:40 PM
finance.yahoo.com logoInnergex announces commercial operation of two wind farms in France
finance.yahoo.com - May 26 at 6:40 PM
americanbankingnews.com logoInnergex Renewable Energy Inc (INE) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 26 at 10:50 AM
finance.yahoo.com logoInnergex 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
finance.yahoo.com logoInnergex completes the acquisition of three wind projects in France
finance.yahoo.com - May 24 at 11:34 AM
americanbankingnews.com logoFY2018 Earnings Forecast for Innergex Renewable Energy Inc Issued By National Bank Financial (INE)
www.americanbankingnews.com - May 15 at 9:28 AM
nasdaq.com logoInnergex Renewable Energy Makes Bullish Cross Above Critical Moving Average
www.nasdaq.com - May 12 at 11:39 PM
americanbankingnews.com logoNational Bank Financial Equities Analysts Decrease Earnings Estimates for Innergex Renewable Energy Inc (INE)
www.americanbankingnews.com - May 12 at 8:10 AM
finance.yahoo.com logoInnergex Renewable Energy, Inc. – Value Analysis (TORONTO:INE) : May 11, 2017
finance.yahoo.com - May 11 at 11:33 PM
finance.yahoo.com logoInnergex announces director election results
finance.yahoo.com - May 11 at 6:31 PM
finance.yahoo.com logoEdited Transcript of INE.TO earnings conference call or presentation 10-May-17 1:00pm GMT
finance.yahoo.com - May 10 at 11:20 PM
marketwatch.com logoInnergex reports its first quarter 2017 results
www.marketwatch.com - May 9 at 5:43 PM
marketbeat.com logoInnergex posts 1Q profit
marketbeat.com - May 9 at 3:11 PM
finance.yahoo.com logo/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
finance.yahoo.com logoInnergex 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
americanbankingnews.com logoInnergex Renewable Energy Inc (INE) PT Raised to C$15.00
www.americanbankingnews.com - May 6 at 12:21 PM
americanbankingnews.com logoInnergex Renewable Energy Inc (INE) Cut to "Sector Perform" at AltaCorp Capital
www.americanbankingnews.com - May 5 at 7:40 AM
americanbankingnews.com logoRaymond James Financial, Inc. Raises Innergex Renewable Energy Inc (INE) Price Target to C$18.50
www.americanbankingnews.com - May 4 at 8:26 PM
americanbankingnews.com logoInnergex Renewable Energy Inc (INE) Price Target Increased to C$16.00 by Analysts at Desjardins
www.americanbankingnews.com - May 4 at 8:26 PM
finance.yahoo.com logoInnergex expands presence in France with the acquisition of 3 wind projects
finance.yahoo.com - May 4 at 12:57 AM
americanbankingnews.com logoInnergex Renewable Energy Inc (INE) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 1 at 2:27 PM
finance.yahoo.com logoAdvisory correction - First quarter 2017 results conference call and annual and special meeting of shareholders
finance.yahoo.com - April 24 at 5:35 PM
americanbankingnews.com logoInnergex Renewable Energy Inc (INE) Stock Rating Lowered by Raymond James Financial, Inc.
www.americanbankingnews.com - April 20 at 3:53 PM
reuters.com logoBRIEF-Innergex begins commercial operation of river hydroelectric facility
www.reuters.com - April 7 at 10:27 AM
finance.yahoo.com logoInnergex begins commercial operation of the 81.4 MW Upper Lillooet River hydroelectric facility
finance.yahoo.com - April 7 at 10:27 AM
nasdaq.com logoInnergex Renewable Energy Cumulative Rate Reset Preferred Shares, Series A Ex-Dividend Reminder
www.nasdaq.com - March 28 at 11:10 AM
finance.yahoo.com logoAdvisory - First Quarter 2017 Results Conference Call and Annual and Special Meeting of Shareholders - Yahoo Finance
finance.yahoo.com - March 24 at 10:58 PM
finance.yahoo.com logoAdvisory - First Quarter 2017 Results Conference Call and Annual and Special Meeting of Shareholders
finance.yahoo.com - March 24 at 5:57 PM
nasdaq.com logoInnergex Renewable Energy Breaks Above 200-Day Moving Average - Bullish for INE
www.nasdaq.com - March 21 at 5:52 PM
fool.ca logo2 Excellent Dividend Stocks for Your RRSP - The Motley Fool Canada
www.fool.ca - March 15 at 3:08 AM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - INE - Nasdaq
www.nasdaq.com - February 28 at 6:02 PM
seekingalpha.com logoInnergex Renewable Energy Inc. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 25 at 10:42 PM
finance.yahoo.com logoEdited Transcript of INE.TO earnings conference call or presentation 24-Feb-17 2:00pm GMT
finance.yahoo.com - February 25 at 2:26 AM
reuters.com logoBRIEF-Innergex Renewable Energy posts Q4 earnings per share of C$0.08
www.reuters.com - February 23 at 5:55 PM
biz.yahoo.com logoQ4 2016 Innergex Renewable Energy Inc Earnings Release - Time Not Supplied
biz.yahoo.com - February 23 at 5:55 PM
finance.yahoo.com logoInnergex reports its year-end 2016 results
finance.yahoo.com - February 23 at 5:55 PM
finance.yahoo.com logoInnergex extends and amends its revolving credit facility
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
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/
finance.yahoo.com - February 15 at 9:04 PM
finance.yahoo.com logoLeader in Renewable Energy Selects Coreio Inc. to Provide North American End-User IT Managed Services
finance.yahoo.com - January 31 at 6:40 PM
finance.yahoo.com logoAdvisory Correction - Innergex year-end 2016 results conference call and webcast - Yahoo Finance
finance.yahoo.com - January 27 at 12:36 AM
finance.yahoo.com logoAdvisory Correction - Innergex year-end 2016 results conference call and webcast
finance.yahoo.com - January 26 at 7:34 PM
investopedia.com logoTwo Renewable Energy Stocks for 2017
www.investopedia.com - January 26 at 12:21 AM
finance.yahoo.com logoAdvisory - Innergex year-end 2016 results conference call and webcast
finance.yahoo.com - January 19 at 7:42 PM
seekingalpha.com logoTidal Power - How To Invest In The Next Major Renewables Market
seekingalpha.com - January 11 at 8:00 AM

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Chart

Innergex Renewable Energy (INE) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff