Brokers Offer Predictions for Innergex Renewable Energy Inc.’s Q2 2025 Earnings (TSE:INE)

Innergex Renewable Energy Inc. (TSE:INE) – Equities research analysts at Raymond James upped their Q2 2025 earnings per share estimates for Innergex Renewable Energy in a report issued on Thursday, August 8th. Raymond James analyst D. Quezada now forecasts that the company will earn $0.08 per share for the quarter, up from their prior estimate of $0.05. The consensus estimate for Innergex Renewable Energy’s current full-year earnings is $0.08 per share. Raymond James also issued estimates for Innergex Renewable Energy’s Q3 2025 earnings at $0.06 EPS and Q4 2025 earnings at $0.05 EPS.

Several other equities analysts have also issued reports on the stock. National Bankshares boosted their price target on shares of Innergex Renewable Energy from C$16.00 to C$17.00 and gave the company an “outperform” rating in a report on Thursday, July 4th. Desjardins upped their price objective on Innergex Renewable Energy from C$13.00 to C$14.00 and gave the stock a “buy” rating in a research report on Thursday, June 6th. Cibc World Mkts raised Innergex Renewable Energy to a “hold” rating in a research report on Monday, July 22nd. Cormark lowered Innergex Renewable Energy from a “moderate buy” rating to a “hold” rating in a research report on Friday, August 9th. Finally, Scotiabank lifted their target price on Innergex Renewable Energy from C$10.50 to C$12.50 and gave the company an “outperform” rating in a research report on Wednesday, June 12th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$12.25.

Innergex Renewable Energy Stock Up 1.1 %

Shares of TSE INE opened at C$9.55 on Monday. Innergex Renewable Energy has a 52-week low of C$7.05 and a 52-week high of C$13.34. The company has a debt-to-equity ratio of 546.12, a quick ratio of 0.58 and a current ratio of 0.74. The stock has a market cap of C$1.94 billion, a P/E ratio of -14.92, a P/E/G ratio of 20.61 and a beta of 0.34. The firm has a 50 day moving average price of C$10.14 and a 200 day moving average price of C$8.97.

Insiders Place Their Bets

In related news, Director Patrick Loulou purchased 11,000 shares of the stock in a transaction on Thursday, June 20th. The shares were purchased at an average price of C$10.25 per share, with a total value of C$112,750.00. Insiders own 20.44% of the company’s stock.

Innergex Renewable Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Friday, September 27th. Innergex Renewable Energy’s dividend payout ratio (DPR) is -56.25%.

Innergex Renewable Energy Company Profile

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.