National Bank Financial Predicts TSE:INE Q2 Earnings

Innergex Renewable Energy Inc. (TSE:INE) – Investment analysts at National Bank Financial issued their Q2 2025 earnings estimates for shares of Innergex Renewable Energy in a research note issued to investors on Thursday, February 20th. National Bank Financial analyst R. Merer anticipates that the company will post earnings per share of $0.09 for the quarter. The consensus estimate for Innergex Renewable Energy’s current full-year earnings is $0.15 per share. National Bank Financial also issued estimates for Innergex Renewable Energy’s Q3 2025 earnings at $0.05 EPS and Q4 2025 earnings at $0.04 EPS.

INE has been the topic of a number of other research reports. Scotiabank dropped their price target on Innergex Renewable Energy from C$11.50 to C$10.50 in a research report on Thursday, January 30th. Cormark lowered their price objective on Innergex Renewable Energy from C$10.00 to C$9.50 in a research note on Thursday, January 30th. National Bankshares cut their target price on shares of Innergex Renewable Energy from C$17.00 to C$16.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. CIBC lowered their price target on shares of Innergex Renewable Energy from C$11.50 to C$11.00 in a research report on Thursday, November 7th. Finally, TD Securities raised their price objective on shares of Innergex Renewable Energy from C$8.00 to C$9.00 and gave the stock a “hold” rating in a report on Friday. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$11.64.

Innergex Renewable Energy Price Performance

Innergex Renewable Energy stock opened at C$8.95 on Monday. The company has a current ratio of 0.56, a quick ratio of 0.58 and a debt-to-equity ratio of 620.44. The business’s 50 day simple moving average is C$7.79 and its 200 day simple moving average is C$8.79. Innergex Renewable Energy has a 12 month low of C$6.98 and a 12 month high of C$10.96. The company has a market cap of C$1.84 billion, a price-to-earnings ratio of -14.35, a PEG ratio of 20.61 and a beta of 0.36.

Innergex Renewable Energy Company Profile

For over 30 years, Innergex has believed in a world where abundant renewable energy promotes healthier communities and creates shared prosperity, which led to Innergex being recognized as Canada’s best corporate citizens in 2023 by Corporate Knights. As an independent renewable power producer which develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities, Innergex is convinced that generating power from renewable sources will lead the way to a better world.