Q2 EPS Estimates for OTCMKTS:INGXF Reduced by Analyst

Innergex Renewable Energy Inc. (OTCMKTS:INGXF) – Raymond James cut their Q2 2025 earnings per share (EPS) estimates for Innergex Renewable Energy in a research note issued to investors on Friday, February 21st. Raymond James analyst T. Genzebu now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their previous estimate 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 issued its 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 return on equity of 4.40% and a net margin of 1.84%. The company had revenue of $204.46 million for the quarter, compared to analyst estimates of $266.84 million.

Innergex Renewable Energy Price Performance

Shares of OTCMKTS:INGXF opened at $6.01 on Monday. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 4.50. Innergex Renewable Energy has a twelve month low of $4.81 and a twelve month high of $7.90. The stock’s 50 day moving average is $5.43 and its 200-day moving average is $6.29. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 200.33 and a beta of 0.65.

Innergex Renewable Energy Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were issued 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 (DPR) is currently 800.00%.

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.