OTCMKTS:INGXF Q2 EPS Estimate Decreased by Raymond James

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) – Equities research analysts at Raymond James lowered their Q2 2025 EPS estimates for Innergex Renewable Energy in a report released 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 (OTCMKTS:INGXF) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.21 earnings per share for the quarter, beating 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 Price Performance

Shares of INGXF opened at $9.42 on Monday. The firm has a market capitalization of $1.91 billion, a PE ratio of 313.89 and a beta of 0.65. The company has a debt-to-equity ratio of 4.50, a current ratio of 0.56 and a quick ratio of 0.56. The company’s fifty day moving average price is $5.50 and its 200-day moving average price is $6.30. Innergex Renewable Energy has a 1-year low of $4.81 and a 1-year high of $9.42.

Innergex Renewable Energy Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 15th. Investors 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 yield of 4.6%. Innergex Renewable Energy’s dividend payout ratio is presently 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.