Innergex Renewable Energy Inc. (OTCMKTS:INGXF - Get Free Report) declared a dividend on Saturday, March 22nd, investing.com reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.0624 per share on Tuesday, April 15th. This represents a yield of 2.64%. The ex-dividend date of this dividend is Monday, March 31st.
Innergex Renewable Energy Stock Performance
Shares of INGXF stock remained flat at $9.44 during mid-day trading on Tuesday. The stock had a trading volume of 2,659 shares, compared to its average volume of 74,939. The company has a market cap of $1.92 billion, a P/E ratio of 314.57 and a beta of 0.56. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 4.50. The stock's 50 day simple moving average is $6.93 and its two-hundred day simple moving average is $6.64. Innergex Renewable Energy has a 1 year low of $4.81 and a 1 year high of $9.53.
Innergex Renewable Energy (OTCMKTS:INGXF - Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.22. The business had revenue of $204.46 million during the quarter, compared to the consensus estimate of $266.84 million. Innergex Renewable Energy had a return on equity of 4.40% and a net margin of 1.84%. On average, equities analysts anticipate that Innergex Renewable Energy will post 0.09 earnings per share for the current year.
Analyst Ratings Changes
Several research analysts recently issued reports on the stock. National Bank Financial lowered shares of Innergex Renewable Energy from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Raymond James lowered shares of Innergex Renewable Energy from a "moderate buy" rating to a "hold" rating in a report on Tuesday, February 25th.
Read Our Latest Stock Analysis on Innergex Renewable Energy
Innergex Renewable Energy Company Profile
(
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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.
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