Q2 EPS Estimate for Innergex Renewable Energy Cut by Analyst

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) – Analysts at Raymond James cut their Q2 2025 earnings per share estimates for shares of Innergex Renewable Energy in a note issued to investors on Friday, February 21st. Raymond James analyst T. Genzebu now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their previous estimate of $0.06. The consensus estimate for Innergex Renewable Energy’s current full-year earnings is $0.09 per share. Raymond James also issued estimates for Innergex Renewable Energy’s Q3 2025 earnings at ($0.01) EPS.

Innergex Renewable Energy Stock Up 1.7 %

Shares of OTCMKTS:INGXF opened at $6.11 on Monday. Innergex Renewable Energy has a 12-month low of $4.81 and a 12-month high of $7.90. The stock’s 50-day moving average price is $5.43 and its two-hundred day moving average price is $6.28. 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 firm has a market cap of $1.24 billion, a price-to-earnings ratio of 203.73 and a beta of 0.65.

Innergex Renewable Energy (OTCMKTS:INGXF) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.22. Innergex Renewable Energy had a return on equity of 4.40% and a net margin of 1.84%. The business had revenue of $204.46 million during the quarter, compared to the consensus estimate of $266.84 million.

Innergex Renewable Energy Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were given a $0.0649 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a dividend yield of 4.6%. Innergex Renewable Energy’s dividend payout ratio is presently 800.00%.

About Innergex Renewable Energy

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.