Innergex is a leading Canadian independent renewable power producer that engages in the development, ownership, and operation of hydroelectric facilities, wind farms, and solar farms. The company has operations in Canada, France, the U.S., and Chile which are also its geographic segments.

Innergex owns interests in a total of 75 facilities including 37 hydroelectric facilities, 32 wind farms, and six solar farms. The company has a well-balanced portfolio diversified by both location and technology.

Its operating segments are hydroelectric (29% of net installed capacity in 2020), wind (57%), and solar (14%) power generation having a gross installed capacity of 3,694 MW.

Stock Chart & Metrics

  • Ticker: TSE:ine
  • Sector: Utilities
  • Industry: Utilities - Renewable
  • Market Cap: 1.62B
  • Market Cap Group: Small Cap
  • P/E: 0.00
  • Dividend Yield: 4.53%

Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
BEP.UN TSE:BEP.UN Brookfield Renewable Partners 8.37 0.00 6.64 NO 1 12 109
AQN TSE:AQN Algonquin Power & Utilities Corp 5.77 171.06 7.08 NO 1 12 109
BEPC TSE:BEPC Brookfield Renewable Partners 5.72 0.00 6.09 NO 1 12 109
NPI TSE:NPI Northland Power 5.24 0.00 5.85 NO 1 12 109
RNW TSE:RNW TransAlta Renewables 3.43 44.02 7.31 NO 1 12 109
BLX TSE:BLX Boralex 2.81 35.93 2.42 NO 1 12 109
INE TSE:INE Innergex Renewable Energy 1.62 0.00 4.53 NO 1 12 109
PIF TSE:PIF Polaris Infrastructure 0.24 15.31 7.08 NO 1 12 109

Innergex Renewable Energy - FAQ

What is the stock ticker for Innergex Renewable Energy?

The stock ticker for Innergex Renewable Energy is TSE:ine.

Is Innergex Renewable Energy a good stock to buy?

You need to consider your investment strategy and how TSE:ine can fit in your portfolio.

The current dividend income score of 8/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Innergex Renewable Energy a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 43 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.

How can I buy stocks for Innergex Renewable Energy?

You can easily buy the INE stock with an online trading platform.

Just make sure the stock fits your risk profile and investment goals.


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