OTCMKTS:INGXF Q2 EPS Estimate Lowered by Raymond James

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) – Equities research analysts at Raymond James reduced their Q2 2025 earnings estimates for Innergex Renewable Energy in a research note issued to investors on Friday, February 21st. Raymond James analyst T. Genzebu now expects that the company will post earnings of $0.04 per share for the quarter, down from their prior forecast 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 Trading Up 1.7 %

Shares of INGXF opened at $6.11 on Monday. The firm’s 50-day moving average is $5.43 and its two-hundred day moving average is $6.28. Innergex Renewable Energy has a twelve month low of $4.81 and a twelve 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 firm has a market capitalization of $1.24 billion, a P/E ratio of 203.73 and a beta of 0.65.

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

Innergex Renewable Energy Cuts Dividend

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

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.