OTCMKTS:INGXF Innergex Renewable Energy (INGXF) Stock Price, News & Analysis → The Small Biotech with a BIG Cancer Solution (From Behind the Markets) (Ad) Free INGXF Stock Alerts $6.00 +0.37 (+6.57%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$5.98▼$6.0050-Day Range$5.26▼$7.0852-Week Range$5.26▼$11.30Volume21,950 shsAverage Volume65,226 shsMarket Capitalization$1.22 billionP/E RatioN/ADividend Yield8.83%Price Target$25.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest Get Innergex Renewable Energy alerts: Email Address Innergex Renewable Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside326.7% Upside$25.60 Price TargetShort InterestBearish0.79% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. 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.0.98 out of 5 stars 3.5 Analyst's Opinion Consensus RatingInnergex Renewable Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.60, Innergex Renewable Energy has a forecasted upside of 326.7% from its current price of $6.00.Amount of Analyst CoverageInnergex Renewable Energy has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted0.79% of the outstanding shares of Innergex Renewable Energy have been sold short.Short Interest Ratio / Days to CoverInnergex Renewable Energy has a short interest ratio ("days to cover") of 22, which indicates bearish sentiment.Change versus previous monthShort interest in Innergex Renewable Energy has recently increased by 0.97%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipInnergex Renewable Energy is a leading dividend payer. It pays a dividend yield of 9.33%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INGXF. Previous Next 1.5 News and Social Media Coverage News SentimentInnergex Renewable Energy has a news sentiment score of -0.34. 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 lower news sentiment than the 0.47 average news sentiment score of Utilities companies.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 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Innergex Renewable Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.70% of the stock of Innergex Renewable Energy is held by insiders. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Innergex Renewable Energy is -15.79, 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 -15.79, 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 RatioInnergex Renewable Energy has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWarning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…Watch the presentation here About Innergex Renewable Energy Stock (OTCMKTS:INGXF)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 December 31, 2023, it owns and operates 87 facilities with a net installed capacity of 4,234 megawatts, which include 41 hydroelectric facilities, 35 wind facilities, 9 solar farms, and 2 storage facilities. Innergex Renewable Energy Inc. is headquartered in Longueuil, Canada.Read More INGXF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INGXF Stock News HeadlinesMarch 1, 2024 | marketwatch.comInnergex Gets Large-Scale Power Purchase Deal With CodelcoMarch 1, 2024 | finance.yahoo.comInnergex Awarded 350 GWh per year in Codelco's Request for Proposals, Solidifying its Position as Leader in ChileMarch 28, 2024 | Behind the Markets (Ad)The AI Defense Stock Set to SoarTo protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.February 28, 2024 | seekingalpha.comInnergex: The Path Is Right, Yet Still Some ShadowsFebruary 22, 2024 | finance.yahoo.com/R E P E A T -- ADVISORY - INNERGEX YEAR-END 2023 RESULTS CONFERENCE CALL AND WEBCAST/February 13, 2024 | finance.yahoo.comInnergex Renewable Energy Inc.'s (TSE:INE) market cap dropped CA$117m last week; individual investors who hold 40% were hit as were institutionsJanuary 9, 2024 | realmoney.thestreet.comInnergex Renewable Energy price target lowered by C$0.50 at CIBCJanuary 1, 2024 | finance.yahoo.comAre Innergex Renewable Energy Inc. (TSE:INE) Investors Paying Above The Intrinsic Value?March 28, 2024 | WealthPress (Ad)A lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. November 15, 2023 | theglobeandmail.comInnergex Renewable Energy: Top 10 Undervalued Utilities - Independent Power Producers Industry Stocks (INE)November 9, 2023 | msn.comInnergex Renewable Energy GAAP EPS of C$0.04November 5, 2023 | morningstar.comInnergex Renewable Energy Inc INEOctober 28, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A up on Thursday (INE-PR-A)October 22, 2023 | investing.comInnergex's share price plummets despite consistent revenue growthOctober 18, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Inc Pref Ser C up on Tuesday (INE-PR-C)September 30, 2023 | finance.yahoo.comInnergex Renewable Energy Inc. (TSE:INE) Has Found A Path To ProfitabilitySeptember 19, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A flat on Tuesday (INE-PR-A)August 26, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Pref Ser A down on Friday (INE-PR-A)August 26, 2023 | theglobeandmail.comClosing Bell: Innergex Renewable Energy Inc Pref Ser C up on Friday (INE-PR-C)August 10, 2023 | markets.businessinsider.comCIBC Sticks to Their Hold Rating for Innergex Renewable Energy (INE)August 8, 2023 | uk.investing.comINE_pc Cash Flow StatementAugust 8, 2023 | finance.yahoo.comINNERGEX Q2 2023July 14, 2023 | finance.yahoo.comINNERGEX ACHIEVES CONSTRUCTION FINANCIAL CLOSE OF ITS BOSWELL SPRINGS WIND PROJECTJuly 12, 2023 | ca.finance.yahoo.comINGXF - Innergex Renewable Energy Inc.June 28, 2023 | finance.yahoo.comInnergex named Canada's best corporate citizenMay 31, 2023 | finance.yahoo.comInnergex and MMBC SIgn a 30-year power purchase agreement with Hydro-QuébecMay 15, 2023 | finance.yahoo.comInvestors in Innergex Renewable Energy (TSE:INE) have unfortunately lost 18% over the last three yearsSee More Headlines Receive INGXF 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 1/15 Dividend12/28/2023Dividend Payable1/15/2024Last Earnings2/21/2024Ex-Dividend for 4/15 Dividend3/27/2024Today3/28/2024Dividend Payable4/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorUtilities Industry Electric & other services combined Sub-IndustryN/A Current SymbolOTCMKTS:INGXF CUSIPN/A CIKN/A Webwww.innergex.com Phone(450) 928-2550Fax45-0928-2544Employees602Year FoundedN/APrice Target and Rating Average Stock Price Target$25.60 High Stock Price Target$32.00 Low Stock Price Target$23.00 Potential Upside/Downside+326.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.38) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-78,380,000.00 Net Margins-10.43% Pretax Margin-14.66% Return on Equity-0.10% Return on Assets-0.01% Debt Debt-to-Equity Ratio5.62 Current Ratio0.91 Quick Ratio0.96 Sales & Book Value Annual Sales$771.53 million Price / Sales1.59 Cash Flow$1.37 per share Price / Cash Flow4.37 Book Value$5.11 per share Price / Book1.17Miscellaneous Outstanding Shares204,120,000Free Float194,522,000Market Cap$1.22 billion OptionableNot Optionable Beta0.56 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Michel Letellier MBA (Age 59)President, CEO & Director Comp: $1.04MMr. 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 CompetitorsUnitilNYSE:UTLGenie EnergyNYSE:GNEAvistaNYSE:AVANorthWestern Energy GroupNYSE:NWEALLETENYSE:ALEView All Competitors INGXF Stock Analysis - Frequently Asked Questions Should I buy or sell Innergex Renewable Energy stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innergex Renewable Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" INGXF shares. View INGXF analyst ratings or view top-rated stocks. What is Innergex Renewable Energy's stock price target for 2024? 1 brokerages have issued 12-month price objectives for Innergex Renewable Energy's stock. Their INGXF share price targets range from $23.00 to $32.00. On average, they anticipate the company's stock price to reach $25.60 in the next twelve months. This suggests a possible upside of 326.7% from the stock's current price. View analysts price targets for INGXF or view top-rated stocks among Wall Street analysts. How have INGXF shares performed in 2024? Innergex Renewable Energy's stock was trading at $6.97 on January 1st, 2024. Since then, INGXF stock has decreased by 13.9% and is now trading at $6.00. View the best growth stocks for 2024 here. Are investors shorting Innergex Renewable Energy? Innergex Renewable Energy saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 1,574,400 shares, an increase of 23.2% from the January 31st total of 1,278,400 shares. Based on an average daily volume of 12,000 shares, the days-to-cover ratio is currently 131.2 days. View Innergex Renewable Energy's Short Interest. How were Innergex Renewable Energy's earnings last quarter? Innergex Renewable Energy Inc. (OTCMKTS:INGXF) announced its quarterly earnings data on Wednesday, February, 21st. The company reported ($0.03) EPS for the quarter. The company had revenue of $192.12 million for the quarter. Innergex Renewable Energy had a negative trailing twelve-month return on equity of 0.10% and a negative net margin of 10.43%. How often does Innergex Renewable Energy pay dividends? What is the dividend yield for Innergex Renewable Energy? Innergex Renewable Energy declared a dividend on Thursday, March 21st. Stockholders of record on Thursday, March 28th will be given a dividend of $0.0666 per share on Monday, April 15th. This represents a yield of 4.52%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for INGXF. Is Innergex Renewable Energy a good dividend stock? Innergex Renewable Energy (OTCMKTS:INGXF) pays an annual dividend of $0.53 per share and currently has a dividend yield of 9.33%. INGXF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for INGXF. How do I buy shares of Innergex Renewable Energy? 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. 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