TSE:INE Innergex Renewable Energy (INE) Stock Price, News & Analysis C$9.03 -0.02 (-0.22%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$8.95▼C$9.1450-Day RangeC$8.81▼C$10.7452-Week RangeC$7.05▼C$12.77Volume572,358 shsAverage Volume684,650 shsMarket CapitalizationC$1.83 billionP/E RatioN/ADividend Yield3.99%Price TargetC$12.56 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Innergex Renewable Energy alerts: Email Address Innergex Renewable Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside39.1% UpsideC$12.56 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.87Based on 4 Articles This WeekInsider TradingAcquiring SharesC$112,750 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.3.45 out of 5 stars 4.3 Analyst's Opinion Consensus RatingInnergex Renewable Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 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 3.92%, 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 2.7 News and Social Media Coverage News SentimentInnergex Renewable Energy has a news sentiment score of 0.87. 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 0.57 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 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 0% compared to the previous 30 days. Previous Next 3.3 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$112,750.00 in company stock and sold C$0.00 in company stock.Percentage Held by Insiders20.45% 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 InstitutionsOnly 34.05% of the stock of Innergex Renewable Energy is held by institutions.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 -13.89, 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 -13.89, 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 1.90. 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 Golden CrestBiden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.>> Get Your FREE Wealth Protection 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 HeadlinesSeptember 7 at 2:56 AM | americanbankingnews.comInnergex Renewable Energy (TSE:INE) PT Raised to C$11.50September 6 at 8:54 AM | markets.businessinsider.comBMO Capital Sticks to Its Buy Rating for Innergex Renewable Energy (INE)September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 30, 2024 | finance.yahoo.comSIMEC Atlantis Energy Limited (7K8.F) Stock Price, News, Quote & History - Yahoo FinanceAugust 28, 2024 | americanbankingnews.comInnergex Renewable Energy Inc. (TSE:INE) Given Consensus Recommendation of "Moderate Buy" by BrokeragesAugust 28, 2024 | americanbankingnews.comInnergex Renewable Energy Inc. (TSE:INE) Receives C$12.25 Average Price Target from BrokeragesAugust 23, 2024 | bizjournals.comState Land Office awards leases to pair of wind energy projects, $146M expected to be generatedAugust 14, 2024 | finance.yahoo.comInnergex Renewable Energy Inc. (INE.TO)September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 10, 2024 | markets.businessinsider.comInnergex Renewable Energy: Untapped Growth Potential and Strong Investment Case Despite Q2 UnderperformanceAugust 8, 2024 | msn.comInnergex Renewable Energy reports Q2 resultsJuly 22, 2024 | finance.yahoo.comInnergex Renewable Energy Inc.'s (TSE:INE) 6.0% loss last week hit both individual investors who own 54% as well as institutionsMay 23, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy 4.65 Pct Debs down on Wednesday (INE-DB-C)May 23, 2024 | theglobeandmail.comClosing Bell: Innergex Renewable Energy 4.65 Pct Debs flat on Tuesday (INE-DB-C)May 22, 2024 | msn.comBest Canadian Dividend Stocks to Buy, According to AnalystsMay 17, 2024 | finance.yahoo.comThe Innu Council of Pessamit, Innergex and the RCM of Manicouagan sign 30-year power purchase agreement with Hydro-QuébecMay 10, 2024 | finance.yahoo.comInnergex Renewable Energy First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 8, 2024 | finance.yahoo.comINNERGEX REPORTS FIRST QUARTER 2024 RESULTSSee 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 Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Last Earnings8/07/2024Today9/07/2024Ex-Dividend for 10/15 Dividend9/27/2024Dividend Payable10/15/2024Next Earnings (Estimated)11/13/2024Get 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$12.56 High Stock Price TargetC$17.00 Low Stock Price TargetC$10.00 Potential Upside/Downside+39.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.65) Trailing P/E RatioN/A Forward P/E Ratio112.89 P/E Growth20.61Net IncomeC$-131,970,000.00 Net Margins-11.96% Pretax MarginN/A Return on Equity-9.27% Return on Assets2.25% Debt Debt-to-Equity Ratio428.86 Current Ratio0.57 Quick Ratio0.58 Sales & Book Value Annual SalesC$1.06 billion Price / Sales1.73 Cash FlowC$0.56 per share Price / Cash Flow16.11 Book ValueC$4.76 per share Price / Book1.90Miscellaneous Outstanding Shares202,740,000Free FloatN/AMarket CapC$1.83 billion OptionableNot Optionable Beta0.34 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 CompetitorsBrookfield RenewableTSE:BEPCAlgonquin Power & UtilitiesTSE:AQNNorthland PowerTSE:NPITransAlta RenewablesTSE:RNWBoralexTSE:BLXView All CompetitorsInsidersPatrick LoulouBought 11,000 shares on 6/20/2024Total: C$112,750.00 ($10.25/share)Daniel 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)View All Insider Transactions INE Stock Analysis - Frequently Asked Questions How have INE shares performed this year? Innergex Renewable Energy's stock was trading at C$9.19 at the start of the year. Since then, INE stock has decreased by 1.7% and is now trading at C$9.03. View the best growth stocks for 2024 here. How were Innergex Renewable Energy's earnings last quarter? Innergex Renewable Energy Inc. (TSE:INE) announced its quarterly earnings results on Wednesday, August, 7th. The company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by $0.01. The firm had revenue of $239.51 million for the quarter, compared to analysts' expectations of $256.60 million. Innergex Renewable Energy had a negative trailing twelve-month return on equity of 9.27% and a negative net margin of 11.96%. 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. What other stocks do shareholders of Innergex Renewable Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Enterprise Products Partners (EPD). This page (TSE:INE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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