Innergex Renewable Energy (INGXF) Expected to Announce Earnings on Wednesday

Innergex Renewable Energy (OTCMKTS:INGXF) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 19th. Analysts expect Innergex Renewable Energy to post earnings of ($0.01) per share and revenue of $266.84 million for the quarter.

Innergex Renewable Energy Price Performance

Shares of OTCMKTS:INGXF opened at $4.95 on Wednesday. Innergex Renewable Energy has a 12 month low of $4.81 and a 12 month high of $7.90. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 4.50. The stock has a market cap of $1.01 billion, a P/E ratio of -10.10 and a beta of 0.65. The company has a 50 day moving average of $5.56 and a 200 day moving average of $6.38.

Innergex Renewable Energy Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were given a dividend of $0.0649 per share. The ex-dividend date was Tuesday, December 31st. This represents a dividend yield of 4.6%. Innergex Renewable Energy’s dividend payout ratio (DPR) is currently -51.02%.

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.