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

Innergex Renewable Energy (OTCMKTS:INGXF) is anticipated 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 %

Innergex Renewable Energy stock opened at $5.21 on Tuesday. Innergex Renewable Energy has a fifty-two week low of $4.81 and a fifty-two week high of $7.90. 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 has a 50 day moving average price of $5.46 and a 200 day moving average price of $6.32. The company has a market capitalization of $1.06 billion, a PE ratio of -10.63 and a beta of 0.65.

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 issued a $0.0649 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a yield of 4.6%. Innergex Renewable Energy’s dividend payout ratio (DPR) is presently -51.02%.

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.