INE Stock Overview
Operates as an independent renewable power producer in Canada, the United States, France, and Chile. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 1/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Innergex Renewable Energy Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$8.26 |
| 52 Week High | CA$10.96 |
| 52 Week Low | CA$7.05 |
| Beta | 0.34 |
| 1 Month Change | -0.72% |
| 3 Month Change | -19.02% |
| 1 Year Change | -10.31% |
| 3 Year Change | -56.53% |
| 5 Year Change | -51.75% |
| Change since IPO | -0.84% |
Recent News & Updates
Recent updates
Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky
Oct 15
Unpleasant Surprises Could Be In Store For Innergex Renewable Energy Inc.'s (TSE:INE) Shares
Sep 24Improved Revenues Required Before Innergex Renewable Energy Inc. (TSE:INE) Stock's 27% Jump Looks Justified
Jun 09These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way
May 08Cautious Investors Not Rewarding Innergex Renewable Energy Inc.'s (TSE:INE) Performance Completely
Feb 02A Look At The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)
Dec 08Here's Why Innergex Renewable Energy (TSE:INE) Is Weighed Down By Its Debt Load
Sep 25Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Sep 07Innergex Renewable Energy (TSE:INE) Has No Shortage Of Debt
Jun 13Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Feb 02Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky
Jan 11Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky
Oct 10A Look At The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Sep 19These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way
Jun 10Calculating The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)
May 20Shareholder Returns
| INE | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | -1.8% | -1.6% | -2.6% |
| 1Y | -10.3% | 6.4% | 15.2% |
Return vs Industry: INE underperformed the Canadian Renewable Energy industry which returned 6.4% over the past year.
Return vs Market: INE underperformed the Canadian Market which returned 15.2% over the past year.
Price Volatility
| INE volatility | |
|---|---|
| INE Average Weekly Movement | 4.1% |
| Renewable Energy Industry Average Movement | 4.8% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 2.9% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 602 | Michel Letellier | www.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
| INE fundamental statistics | |
|---|---|
| Market cap | CA$1.68b |
| Earnings (TTM) | -CA$132.84m |
| Revenue (TTM) | CA$1.02b |
1.6x
P/S Ratio-12.6x
P/E RatioIs INE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INE income statement (TTM) | |
|---|---|
| Revenue | CA$1.02b |
| Cost of Revenue | CA$275.94m |
| Gross Profit | CA$746.71m |
| Other Expenses | CA$879.55m |
| Earnings | -CA$132.84m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.65 |
| Gross Margin | 73.02% |
| Net Profit Margin | -12.99% |
| Debt/Equity Ratio | 456.6% |
How did INE perform over the long term?
See historical performance and comparisonDividends
4.4%
Current Dividend Yield-69%
Payout RatioDoes INE pay a reliable dividends?
See INE dividend history and benchmarks| Innergex Renewable Energy dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 15 2025 |
| Days until Ex dividend | 9 days |
| Days until Dividend pay date | 24 days |
Does INE pay a reliable dividends?
See INE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Innergex Renewable Energy Inc. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Westby | ATB Capital Markets |
| Benjamin Pham | BMO Capital Markets Equity Research |
| David Galison | Canaccord Genuity |