TSE:INE Innergex Renewable Energy (INE) Stock Price, News & Analysis → Incredible Opportunity to Retire FAST! (From Crypto 101 Media) (Ad) Free INE Stock Alerts C$8.55 -0.17 (-1.95%) (As of 05/7/2024 ET) Add Compare Share Share Today's RangeC$8.49▼C$8.7450-Day RangeC$7.75▼C$8.7252-Week RangeC$7.05▼C$14.40Volume355,294 shsAverage Volume770,157 shsMarket CapitalizationC$1.75 billionP/E RatioN/ADividend Yield4.21%Price TargetC$12.47 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Innergex Renewable Energy alerts: Email Address Innergex Renewable Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside45.8% UpsideC$12.47 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.61Based on 9 Articles This WeekInsider TradingAcquiring SharesC$174,975 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.95 out of 5 stars 4.4 Analyst's Opinion Consensus RatingInnergex Renewable Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageInnergex Renewable Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Innergex Renewable Energy's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for INE. Previous Next 1.7 Dividend Strength Dividend LeadershipInnergex Renewable Energy is a leading dividend payer. It pays a dividend yield of 4.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthInnergex Renewable Energy does not have a long track record of dividend growth.Read more about Innergex Renewable Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INE. Previous Next 3.1 News and Social Media Coverage News SentimentInnergex Renewable Energy has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Innergex Renewable Energy this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for INE on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat Follows2 people have added Innergex Renewable Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Innergex Renewable Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$174,975.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders20.41% of the stock of Innergex Renewable Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions40.85% of the stock of Innergex Renewable Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Innergex Renewable Energy's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Innergex Renewable Energy is -16.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Innergex Renewable Energy is -16.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioInnergex Renewable Energy has a PEG Ratio of 20.61. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioInnergex Renewable Energy has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Innergex Renewable Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide About Innergex Renewable Energy Stock (TSE:INE)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 renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 21, 2024, it owned and operated 87 facilities with a net installed capacity of 3,600 megawatts, including 41 hydroelectric facilities, 35 wind facilities, 9 solar facilities, and 2 battery energy storage facilities. The company is headquartered in Longueuil, Canada.Read More INE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INE Stock News HeadlinesMay 7, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A up on Monday (INE-PR-A)May 4, 2024 | americanbankingnews.comInnergex Renewable Energy Inc. (TSE:INE) Forecasted to Post Q1 2024 Earnings of ($0.19) Per ShareMay 7, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.May 1, 2024 | americanbankingnews.comInnergex Renewable Energy (TSE:INE) Given New C$13.00 Price Target at DesjardinsMay 1, 2024 | americanbankingnews.comInnergex Renewable Energy (INE) Scheduled to Post Earnings on WednesdayApril 29, 2024 | americanbankingnews.comInnergex Renewable Energy Inc. to Post Q1 2024 Earnings of ($0.06) Per Share, Raymond James Forecasts (TSE:INE)April 27, 2024 | americanbankingnews.comInnergex Renewable Energy Inc. (TSE:INE) to Post Q1 2025 Earnings of ($0.05) Per Share, Raymond James ForecastsApril 26, 2024 | wsj.comInnergex Renewable Energy Inc.May 7, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 8, 2024 | finance.yahoo.comINNERGEX'S 2024 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST AND ANNUAL MEETING OF SHAREHOLDERSApril 5, 2024 | msn.comWant to Earn $2,000 in Annual Dividend Income? Invest $32,500 in These 3 StocksApril 5, 2024 | ca.finance.yahoo.comInnergex's 2023 ESG Report: A Comprehensive Look at Sustainable Growth and Corporate ResponsibilityMarch 21, 2024 | finance.yahoo.comInnergex Renewable Energy Insiders Added CA$795.3k Of Stock To Their HoldingsMarch 18, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Inc Pref Ser C up on Monday (INE-PR-C)March 18, 2024 | ca.finance.yahoo.comEquities Flat by CloseMarch 17, 2024 | msn.comWater Label Besides Energy LabelMarch 12, 2024 | msn.comMGreen's Greenergy for Global Inc. kicks off solar power plant projMarch 12, 2024 | seekingalpha.comClearway Energy: Waiting For A More Attractive ValuationFebruary 23, 2024 | finance.yahoo.comInnergex Renewable Energy Full Year 2023 Earnings: Misses ExpectationsFebruary 22, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy 4.75 Pct Debs up on Tuesday (INE-DB-B)February 21, 2024 | finance.yahoo.comINNERGEX REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTSFebruary 21, 2024 | finance.yahoo.comINNERGEX UPDATES ITS CAPITAL ALLOCATION STRATEGYFebruary 21, 2024 | finance.yahoo.comInnergex Announces It Will Proceed With a Normal Course Issuer Bid for Its Common SharesFebruary 21, 2024 | finance.yahoo.comMorning News Call - Canada, February 21February 8, 2024 | markets.businessinsider.comTSX Recovers After Early Setback, Ends Modestly LowerFebruary 1, 2024 | msn.comHow to Create $1,818.25 in Passive Income in 2024January 26, 2024 | finance.yahoo.comA 300 MW community wind project by the Innu Council of Pessamit and Innergex, with the participation of the RCM of Manicouagan selected by Hydro-QuébecSee More Headlines Receive INE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Innergex Renewable Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today5/07/2024Next Earnings (Confirmed)5/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorUtilities Industry Utilities - Renewable Sub-IndustryN/A Current SymbolTSE:INE CUSIPN/A CIKN/A Webwww.innergex.com Phone+1-450-9282550FaxN/AEmployees602Year FoundedN/APrice Target and Rating Average Stock Price TargetC$12.47 High Stock Price TargetC$17.25 Low Stock Price TargetC$9.00 Potential Upside/Downside+45.8%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.51) Trailing P/E RatioN/A Forward P/E Ratio106.89 P/E Growth20.61Net IncomeC$-104,080,000.00 Net Margins-9.45% Pretax MarginN/A Return on Equity-7.86% Return on Assets2.41% Debt Debt-to-Equity Ratio544.43 Current Ratio0.92 Quick Ratio0.58 Sales & Book Value Annual SalesC$1.04 billion Price / Sales1.68 Cash FlowC$0.53 per share Price / Cash Flow16.11 Book ValueC$4.68 per share Price / Book1.83Miscellaneous Outstanding Shares204,400,000Free FloatN/AMarket CapC$1.75 billion OptionableNot Optionable Beta0.35 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Michel Letellier MBA (Age 59)President, CEO & Director Comp: $1.47MMr. Jean Trudel M.B.A.Chief Financial OfficerMr. Yves Baribeault Eng.L.L.B., M.B.A., Chief Legal Officer & SecretaryMs. Alexandra Boislard Pepin M.B.A.Chief Human Resources OfficerMs. Pascale Tremblay Eng.ING, M.Sc., Chief Asset OfficerMr. Niko Nikolaidis M.B.A.M.Sc., Vice President of Investments & FinancingMr. Naji Baydoun C.F.A.Director of Investor RelationsMs. Karine VachonSenior Director CommunicationsMr. Guillaume JumelVP & MD of FranceMr. Jaime PinoVP & MD of ChileMore ExecutivesKey CompetitorsBoralexTSE:BLXTransAlta RenewablesTSE:RNWNorthland PowerTSE:NPIBrookfield RenewableTSE:BEPCAlgonquin Power & UtilitiesTSE:AQNView All CompetitorsInsidersDaniel LafranceBought 1,000 shares on 3/19/2024Total: C$7,976.50 ($7.98/share)Daniel LafranceBought 5,000 shares on 3/13/2024Total: C$41,750.00 ($8.35/share)Richard GagnonBought 3,125 shares on 2/28/2024Total: C$25,408.75 ($8.13/share)Jean TrudelBought 13,000 shares on 2/26/2024Total: C$99,840.00 ($7.68/share)Richard GagnonBought 3,320 shares on 11/13/2023Total: C$29,947.06 ($9.02/share)View All Insider Transactions INE Stock Analysis - Frequently Asked Questions Should I buy or sell Innergex Renewable Energy stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" INE shares. View INE analyst ratings or view top-rated stocks. What is Innergex Renewable Energy's stock price target for 2024? 7 brokerages have issued 12 month target prices for Innergex Renewable Energy's stock. Their INE share price targets range from C$9.00 to C$17.25. On average, they expect the company's stock price to reach C$12.47 in the next year. This suggests a possible upside of 45.8% from the stock's current price. View analysts price targets for INE or view top-rated stocks among Wall Street analysts. How have INE shares performed in 2024? Innergex Renewable Energy's stock was trading at C$9.19 on January 1st, 2024. Since then, INE shares have decreased by 7.0% and is now trading at C$8.55. View the best growth stocks for 2024 here. When is Innergex Renewable Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our INE earnings forecast. How were Innergex Renewable Energy's earnings last quarter? Innergex Renewable Energy Inc. (TSE:INE) issued its quarterly earnings data on Wednesday, February, 21st. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.01. The business had revenue of $261.53 million for the quarter, compared to the consensus estimate of $264.85 million. Innergex Renewable Energy had a negative net margin of 9.45% and a negative trailing twelve-month return on equity of 7.86%. 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, March 27th. Shareholders of record on Monday, April 15th will be given a dividend of 0.09 per share on Monday, April 15th. This represents a $0.36 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for INE. Is Innergex Renewable Energy a good dividend stock? Innergex Renewable Energy (TSE:INE) pays an annual dividend of C$0.36 per share and currently has a dividend yield of 4.25%. INE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for INE. 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 Bank of Nova Scotia (BNS), Enbridge (ENB), Pembina Pipeline (PPL), Royal Bank of Canada (RY), Algonquin Power & Utilities (AQN), Bombardier, Inc. Class B (BBD.B), Enterprise Products Partners (EPD), Power Co. of Canada (POW), Toronto-Dominion Bank (TD) and TFI International (TFII). How do I buy shares of Innergex Renewable Energy? Shares of INE stock 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.Compare Top Brokerages Here. This page (TSE:INE) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe asset beating inflation by 4xColonial MetalsElon Musk Secret Crypto Plot ExposedCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsObama’s Forever Term [exposed]Porter & CompanyPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyProtect Your Bank Account Before It’s Too LateWeiss RatingsUrgent Nvidia WarningAltimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Innergex Renewable Energy Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.