INE Stock Overview
Operates as an independent renewable power producer in Canada, the United States, France, and Chile.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 1/6 |
Innergex Renewable Energy Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$8.98 |
| 52 Week High | CA$14.40 |
| 52 Week Low | CA$7.05 |
| Beta | 0.34 |
| 1 Month Change | 11.14% |
| 3 Month Change | 15.87% |
| 1 Year Change | -34.31% |
| 3 Year Change | -55.61% |
| 5 Year Change | -35.40% |
| Change since IPO | 7.80% |
Recent News & Updates
Recent updates
These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way
May 08
Cautious 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 20Estimating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Feb 08Shareholder Returns
| INE | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | -1.2% | 4.7% | 1.2% |
| 1Y | -34.3% | -13.8% | 11.8% |
Return vs Industry: INE underperformed the Canadian Renewable Energy industry which returned -13.8% over the past year.
Return vs Market: INE underperformed the Canadian Market which returned 11.8% over the past year.
Price Volatility
| INE volatility | |
|---|---|
| INE Average Weekly Movement | 4.7% |
| Renewable Energy Industry Average Movement | 4.7% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: INE has not had significant price volatility in the past 3 months.
Volatility Over Time: INE's weekly volatility (5%) 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$1.79b |
| Earnings (TTM) | -CA$131.17m |
| Revenue (TTM) | CA$1.07b |
1.7x
P/S Ratio-13.9x
P/E RatioIs INE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INE income statement (TTM) | |
|---|---|
| Revenue | CA$1.07b |
| Cost of Revenue | CA$270.42m |
| Gross Profit | CA$795.36m |
| Other Expenses | CA$926.54m |
| Earnings | -CA$131.17m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.64 |
| Gross Margin | 74.63% |
| Net Profit Margin | -12.31% |
| Debt/Equity Ratio | 546.1% |
How did INE perform over the long term?
See historical performance and comparisonDividends
4.0%
Current Dividend Yield-98%
Payout RatioDoes INE pay a reliable dividends?
See INE dividend history and benchmarks| Innergex Renewable Energy dividend dates | |
|---|---|
| Ex Dividend Date | Jun 28 2024 |
| Dividend Pay Date | Jul 15 2024 |
| Days until Ex dividend | 36 days |
| Days until Dividend pay date | 53 days |
Does INE pay a reliable dividends?
See INE dividend history and benchmarks