Research Analysts Issue Forecasts for TSE:INE Q2 Earnings

Innergex Renewable Energy Inc. (TSE:INE) – Investment analysts at National Bank Financial issued their Q2 2025 EPS estimates for shares of Innergex Renewable Energy in a research note issued on Thursday, February 20th. National Bank Financial analyst R. Merer anticipates that the company will post earnings per share of $0.09 for the quarter. The consensus estimate for Innergex Renewable Energy’s current full-year earnings is $0.15 per share. National Bank Financial also issued estimates for Innergex Renewable Energy’s Q3 2025 earnings at $0.05 EPS and Q4 2025 earnings at $0.04 EPS.

Other analysts have also recently issued research reports about the company. Raymond James cut their price objective on Innergex Renewable Energy from C$13.00 to C$11.50 in a research note on Monday. Cormark decreased their price objective on shares of Innergex Renewable Energy from C$10.00 to C$9.50 in a report on Thursday, January 30th. National Bankshares lowered their target price on shares of Innergex Renewable Energy from C$17.00 to C$16.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. CIBC reduced their price target on shares of Innergex Renewable Energy from C$11.50 to C$11.00 in a research report on Thursday, November 7th. Finally, Scotiabank lowered their price objective on shares of Innergex Renewable Energy from C$11.50 to C$10.50 in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of C$11.63.

Innergex Renewable Energy Stock Performance

Shares of Innergex Renewable Energy stock opened at C$8.71 on Monday. The company has a debt-to-equity ratio of 620.44, a quick ratio of 0.58 and a current ratio of 0.56. Innergex Renewable Energy has a 1 year low of C$6.98 and a 1 year high of C$10.96. The firm’s 50-day simple moving average is C$7.80 and its 200-day simple moving average is C$8.79. The firm has a market cap of C$1.79 billion, a PE ratio of -13.97, a price-to-earnings-growth ratio of 20.61 and a beta of 0.36.

Innergex Renewable Energy Company Profile

For over 30 years, Innergex has believed in a world where abundant renewable energy promotes healthier communities and creates shared prosperity, which led to Innergex being recognized as Canada’s best corporate citizens in 2023 by Corporate Knights. As an independent renewable power producer which develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities, Innergex is convinced that generating power from renewable sources will lead the way to a better world.