INE 📈 Innergex Renewable Energy - Overview
Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA45790B1040
INE: Hydroelectric Power, Wind Power, Solar Power, Energy Storage
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. Web URL: https://www.innergex.com
Additional Sources for INE Stock
INE Stock Overview
| Market Cap in USD | 1,233m |
| Sector | Utilities |
| Industry | Utilities - Renewable |
| GiC Sub-Industry | Renewable Electricity |
| IPO / Inception |
INE Stock Ratings
| Growth 5y | -45.9% |
| Fundamental | -11.6% |
| Dividend | 39.4% |
| Rel. Strength Industry | -127 |
| Analysts | - |
| Fair Price Momentum | 7.35 CAD |
| Fair Price DCF | - |
INE Dividends
| Dividend Yield 12m | 3.28% |
| Yield on Cost 5y | 1.94% |
| Annual Growth 5y | 0.57% |
| Payout Consistency | 98.6% |
INE Growth Ratios
| Growth Correlation 3m | -92% |
| Growth Correlation 12m | 38.5% |
| Growth Correlation 5y | -81.6% |
| CAGR 5y | -9.92% |
| CAGR/Mean DD 5y | -0.25 |
| Sharpe Ratio 12m | -0.18 |
| Alpha | -28.40 |
| Beta | 0.71 |
| Volatility | 30.53% |
| Current Volume | 229.5k |
| Average Volume 20d | 551.3k |
What is the price of INE stocks?
As of December 27, 2024, the stock is trading at CAD 8.24 with a total of 229,500 shares traded.
Over the past week, the price has changed by +1.85%, over one month by -3.29%, over three months by -21.15% and over the past year by -6.81%.
As of December 27, 2024, the stock is trading at CAD 8.24 with a total of 229,500 shares traded.
Over the past week, the price has changed by +1.85%, over one month by -3.29%, over three months by -21.15% and over the past year by -6.81%.
Is Innergex Renewable Energy a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Innergex Renewable Energy is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -11.62 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of INE as of December 2024 is 7.35. This means that INE is currently overvalued and has a potential downside of -10.8%.
Neither. Based on ValueRay Fundamental Analyses, Innergex Renewable Energy is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -11.62 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of INE as of December 2024 is 7.35. This means that INE is currently overvalued and has a potential downside of -10.8%.
Is INE a buy, sell or hold?
Innergex Renewable Energy has no consensus analysts rating.
Innergex Renewable Energy has no consensus analysts rating.
What are the forecast for INE stock price target?
According to ValueRays Forecast Model, INE Innergex Renewable Energy will be worth about 7.9 in December 2025. The stock is currently trading at 8.24. This means that the stock has a potential downside of -3.64%.
According to ValueRays Forecast Model, INE Innergex Renewable Energy will be worth about 7.9 in December 2025. The stock is currently trading at 8.24. This means that the stock has a potential downside of -3.64%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 11.9 | 44.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 7.9 | -3.6% |