company background image
INE logo

Innergex Renewable Energy TSX:INE Stock Report

Last Price

CA$8.33

Market Cap

CA$1.7b

7D

-4.1%

1Y

-11.4%

Updated

20 Nov, 2024

Data

Company Financials +

Innergex Renewable Energy Inc.

TSX:INE Stock Report

Market Cap: CA$1.7b

Innergex Renewable Energy Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Innergex Renewable Energy
Historical stock prices
Current Share PriceCA$8.33
52 Week HighCA$10.96
52 Week LowCA$7.05
Beta0.38
11 Month Change-16.37%
3 Month Change-8.36%
1 Year Change-11.38%
33 Year Change-56.57%
5 Year Change-50.80%
Change since IPO0%

Recent News & Updates

Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky

Oct 15
Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky

Recent updates

Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky

Oct 15
Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky

Unpleasant Surprises Could Be In Store For Innergex Renewable Energy Inc.'s (TSE:INE) Shares

Sep 24
Unpleasant Surprises Could Be In Store For Innergex Renewable Energy Inc.'s (TSE:INE) Shares

Improved Revenues Required Before Innergex Renewable Energy Inc. (TSE:INE) Stock's 27% Jump Looks Justified

Jun 09
Improved Revenues Required Before Innergex Renewable Energy Inc. (TSE:INE) Stock's 27% Jump Looks Justified

These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way

May 08
These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way

Cautious Investors Not Rewarding Innergex Renewable Energy Inc.'s (TSE:INE) Performance Completely

Feb 02
Cautious Investors Not Rewarding Innergex Renewable Energy Inc.'s (TSE:INE) Performance Completely

A Look At The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)

Dec 08
A Look At The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)

Here's Why Innergex Renewable Energy (TSE:INE) Is Weighed Down By Its Debt Load

Sep 25
Here's Why Innergex Renewable Energy (TSE:INE) Is Weighed Down By Its Debt Load

Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)

Sep 07
Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)

Innergex Renewable Energy (TSE:INE) Has No Shortage Of Debt

Jun 13
Innergex Renewable Energy (TSE:INE) Has No Shortage Of Debt

Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)

Feb 02
Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)

Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky

Jan 11
Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky

Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky

Oct 10
Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky

A Look At The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)

Sep 19
A Look At The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)

These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way

Jun 10
These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way

Calculating The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)

May 20
Calculating The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)

Shareholder Returns

INECA Renewable EnergyCA Market
7D-4.1%0.6%0.7%
1Y-11.4%14.0%21.7%

Return vs Industry: INE underperformed the Canadian Renewable Energy industry which returned 14.5% over the past year.

Return vs Market: INE underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is INE's price volatile compared to industry and market?
INE volatility
INE Average Weekly Movement4.2%
Renewable Energy Industry Average Movement4.2%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: INE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: INE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a602Michel Letellierwww.innergex.com

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.

Innergex Renewable Energy Inc. Fundamentals Summary

How do Innergex Renewable Energy's earnings and revenue compare to its market cap?
INE fundamental statistics
Market capCA$1.72b
Earnings (TTM)-CA$132.84m
Revenue (TTM)CA$1.02b

1.7x

P/S Ratio

-12.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INE income statement (TTM)
RevenueCA$1.02b
Cost of RevenueCA$275.94m
Gross ProfitCA$746.71m
Other ExpensesCA$879.55m
Earnings-CA$132.84m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.65
Gross Margin73.02%
Net Profit Margin-12.99%
Debt/Equity Ratio456.6%

How did INE perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

-69%

Payout Ratio

Does INE pay a reliable dividends?

See INE dividend history and benchmarks
When do you need to buy INE by to receive an upcoming dividend?
Innergex Renewable Energy dividend dates
Ex Dividend DateDec 31 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend40 days
Days until Dividend pay date55 days

Does INE pay a reliable dividends?

See INE dividend history and benchmarks