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OTCMKTS:INGXF

Innergex Renewable Energy (INGXF) Stock Price, News & Analysis

Innergex Renewable Energy logo
$5.65 -0.01 (-0.09%)
(As of 04:29 PM ET)

About Innergex Renewable Energy Stock (OTCMKTS:INGXF)

Key Stats

Today's Range
$5.64
$5.66
50-Day Range
$5.65
$7.34
52-Week Range
$5.26
$7.90
Volume
14,159 shs
Average Volume
48,808 shs
Market Capitalization
$1.15 billion
P/E Ratio
N/A
Dividend Yield
4.60%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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.

Innergex Renewable Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
21st Percentile Overall Score

INGXF MarketRank™: 

Innergex Renewable Energy scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Innergex Renewable Energy.

  • Earnings Growth

    Earnings for Innergex Renewable Energy are expected to grow in the coming year, from ($0.07) to $0.11 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Innergex Renewable Energy is -11.53, 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. Sector

    The P/E ratio of Innergex Renewable Energy is -11.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Innergex Renewable Energy has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.16% of the outstanding shares of Innergex Renewable Energy have been sold short.
  • Short Interest Ratio / Days to Cover

    Innergex Renewable Energy has a short interest ratio ("days to cover") of 34.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Innergex Renewable Energy has recently decreased by 13.32%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Innergex Renewable Energy is a leading dividend payer. It pays a dividend yield of 4.72%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Innergex Renewable Energy does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on EPS estimates, Innergex Renewable Energy will have a dividend payout ratio of 236.36% in the coming year. This indicates that Innergex Renewable Energy may not be able to sustain their current dividend.

  • Read more about Innergex Renewable Energy's dividend.
  • Percentage of Shares Shorted

    1.16% of the outstanding shares of Innergex Renewable Energy have been sold short.
  • Short Interest Ratio / Days to Cover

    Innergex Renewable Energy has a short interest ratio ("days to cover") of 34.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Innergex Renewable Energy has recently decreased by 13.32%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Innergex Renewable Energy has a news sentiment score of 0.86. 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 0.63 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Innergex Renewable Energy this week, compared to 0 articles on an average week.
  • Search Interest

    2 people have searched for INGXF on MarketBeat in the last 30 days.
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INGXF Stock News Headlines

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Innergex Renewable Energy Inc INGXF
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INGXF Stock Analysis - Frequently Asked Questions

Innergex Renewable Energy's stock was trading at $6.97 on January 1st, 2024. Since then, INGXF stock has decreased by 18.9% and is now trading at $5.65.
View the best growth stocks for 2024 here
.

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) posted its quarterly earnings data on Wednesday, November, 6th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. The company had revenue of $179.04 million for the quarter, compared to analyst estimates of $192.68 million. Innergex Renewable Energy had a negative net margin of 13.73% and a negative trailing twelve-month return on equity of 1.70%.

Shares of INGXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Ex-Dividend for 10/15 Dividend
9/27/2024
Dividend Payable
10/15/2024
Last Earnings
11/06/2024
Today
12/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
N/A
Current Symbol
OTCMKTS:INGXF
CIK
N/A
Employees
602
Year Founded
N/A

Profitability

Net Income
$-72,930,000.00
Pretax Margin
-15.98%

Debt

Sales & Book Value

Annual Sales
$771.53 million
Cash Flow
$1.23 per share
Book Value
$3.89 per share

Miscellaneous

Free Float
193,578,000
Market Cap
$1.17 billion
Optionable
Not Optionable
Beta
0.64
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This page (OTCMKTS:INGXF) was last updated on 12/23/2024 by MarketBeat.com Staff
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