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DOW   31,188.38
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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TSE:INE

Innergex Renewable Energy Inc. (INE.TO) Stock Forecast, Price & News

C$30.30
+0.12 (+0.40 %)
(As of 01/20/2021 12:00 AM ET)
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Today's Range
C$30.02
Now: C$30.30
C$30.50
50-Day Range
C$24.73
MA: C$27.47
C$32.15
52-Week Range
C$13.97
Now: C$30.30
C$32.48
Volume707,170 shs
Average Volume718,156 shs
Market CapitalizationC$5.28 billion
P/E RatioN/A
Dividend Yield2.39%
BetaN/A
Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates hydroelectric facilities, wind farms, and solar farms. The company operates through three segments: Hydroelectric Generation, Wind Power Generation, and Solar Power Generation. As of May 14, 2020, it had interests in 69 operating facilities with a net installed capacity of 2,656 megawatt (MW), including 37 hydroelectric facilities, 26 wind farms, and six solar farms, as well as six development projects with net installed capacity of 295 MW and prospective projects with gross installed capacity of 7,131 MW. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.
Innergex Renewable Energy Inc. (INE.TO) logo

MarketRank

Overall MarketRank

0.84 out of 5 stars

Analyst Opinion: 1.3Community Rank: 2.1Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
CIKN/A
Phone+1-450-9282550
Employees327

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$588.40 million
Cash FlowC$0.91 per share
Book ValueC$5.25 per share

Profitability

Miscellaneous

Market CapC$5.28 billion
Next Earnings Date2/25/2021 (Estimated)
OptionableNot Optionable
C$30.30
+0.12 (+0.40 %)
(As of 01/20/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Innergex Renewable Energy Inc. (INE.TO) (TSE:INE) Frequently Asked Questions

How has Innergex Renewable Energy Inc. (INE.TO)'s stock been impacted by COVID-19?

Innergex Renewable Energy Inc. (INE.TO)'s stock was trading at C$17.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, INE shares have increased by 70.1% and is now trading at C$30.30.
View which stocks have been most impacted by COVID-19
.

Is Innergex Renewable Energy Inc. (INE.TO) a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy Inc. (INE.TO) in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Innergex Renewable Energy Inc. (INE.TO) stock.
View analyst ratings for Innergex Renewable Energy Inc. (INE.TO)
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Innergex Renewable Energy Inc. (INE.TO)?

Wall Street analysts have given Innergex Renewable Energy Inc. (INE.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Innergex Renewable Energy Inc. (INE.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Innergex Renewable Energy Inc. (INE.TO)'s next earnings date?

Innergex Renewable Energy Inc. (INE.TO) is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Innergex Renewable Energy Inc. (INE.TO)
.

How were Innergex Renewable Energy Inc. (INE.TO)'s earnings last quarter?

Innergex Renewable Energy Inc. (INE.TO) (TSE:INE) released its quarterly earnings data on Tuesday, November, 10th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. The business earned $162.65 million during the quarter, compared to analysts' expectations of $155.70 million.
View Innergex Renewable Energy Inc. (INE.TO)'s earnings history
.

How often does Innergex Renewable Energy Inc. (INE.TO) pay dividends? What is the dividend yield for Innergex Renewable Energy Inc. (INE.TO)?

Innergex Renewable Energy Inc. (INE.TO) declared a quarterly dividend on Tuesday, November 17th. Shareholders of record on Thursday, December 31st will be given a dividend of 0.18 per share on Friday, January 15th. This represents a $0.72 annualized dividend and a yield of 2.38%. The ex-dividend date is Wednesday, December 30th.
View Innergex Renewable Energy Inc. (INE.TO)'s dividend history
.

Is Innergex Renewable Energy Inc. (INE.TO) a good dividend stock?

Innergex Renewable Energy Inc. (INE.TO) pays an annual dividend of C$0.72 per share and currently has a dividend yield of 2.39%.
View Innergex Renewable Energy Inc. (INE.TO)'s dividend history.

What price target have analysts set for INE?

4 analysts have issued 1-year price targets for Innergex Renewable Energy Inc. (INE.TO)'s stock. Their forecasts range from C$23.00 to C$32.00. On average, they anticipate Innergex Renewable Energy Inc. (INE.TO)'s stock price to reach C$26.46 in the next year. This suggests that the stock has a possible downside of 12.7%.
View analysts' price targets for Innergex Renewable Energy Inc. (INE.TO)
or view Wall Street analyst' top-rated stocks.

Who are some of Innergex Renewable Energy Inc. (INE.TO)'s key competitors?

What other stocks do shareholders of Innergex Renewable Energy Inc. (INE.TO) own?

Who are Innergex Renewable Energy Inc. (INE.TO)'s key executives?

Innergex Renewable Energy Inc. (INE.TO)'s management team includes the following people:
  • Mr. Michel Letellier M.B.A., MBA, Pres, CEO & Director (Age 55, Pay $1.07M)
  • Mr. Jean-François Neault C.M.A., CPA, M.B.A., CPA, CMA, MBA, CA, Chief Financial Officer
  • Mr. Peter Grover Eng., Sr. VP of Operations
  • Mr. Jean Trudel M.B.A., MBA, Chief Investment & Devel. Officer
  • Mr. Renaud De Batz de Trenquelléon P.Geo., M.Sc., MBA, Sr. VP of Latin America
  • Ms. Karine Vachon, Sr. Director – Communications
  • Mr. Yves Baribeault Eng., L.L.B., M.B.A., LL.B., MBA, VP of Legal Affairs & Sec.
  • Ms. Alexandra Boislard Pepin, VP – HR
  • Mr. Richard Blanchet P.Eng., M.Sc., Sr. VP of Hydro & Special Projects

What is Innergex Renewable Energy Inc. (INE.TO)'s stock symbol?

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

How do I buy shares of Innergex Renewable Energy Inc. (INE.TO)?

Shares of INE and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Innergex Renewable Energy Inc. (INE.TO)'s stock price today?

One share of INE stock can currently be purchased for approximately C$30.30.

How big of a company is Innergex Renewable Energy Inc. (INE.TO)?

Innergex Renewable Energy Inc. (INE.TO) has a market capitalization of C$5.28 billion and generates C$588.40 million in revenue each year. Innergex Renewable Energy Inc. (INE.TO) employs 327 workers across the globe.

What is Innergex Renewable Energy Inc. (INE.TO)'s official website?

The official website for Innergex Renewable Energy Inc. (INE.TO) is www.innergex.com.

How can I contact Innergex Renewable Energy Inc. (INE.TO)?

Innergex Renewable Energy Inc. (INE.TO)'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.

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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