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

Innergex Renewable Energy (OTCMKTS:INGXF) is projected to post 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 Stock Up 0.5 %

INGXF stock opened at $5.21 on Tuesday. The firm has a market cap of $1.06 billion, a PE ratio of -10.63 and a beta of 0.65. The company has a debt-to-equity ratio of 4.50, a quick ratio of 0.56 and a current ratio of 0.56. The firm’s 50 day moving average price is $5.46 and its 200-day moving average price is $6.32. Innergex Renewable Energy has a one year low of $4.81 and a one year high of $7.90.

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. This represents a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, December 31st. Innergex Renewable Energy’s payout ratio is presently -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.