LON:ORIT Octopus Renewables Infrastructure Trust (ORIT) Share Price, News & Analysis → Everybody laughed when he recommended Netflix (From Stansberry Research) (Ad) Free ORIT Stock Alerts GBX 69.70 -1.80 (-2.52%) (As of 04:35 PM ET) Add Compare Share Share Today's Range 69.70▼ 73.4050-Day Range 67.80▼ 81.9052-Week Range 67.30▼ 102Volume2.12 million shsAverage Volume1.13 million shsMarket Capitalization£393.76 millionP/E Ratio3,485.00Dividend Yield8.61%Price TargetGBX 115 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Octopus Renewables Infrastructure Trust alerts: Email Address Octopus Renewables Infrastructure Trust MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside65.0% UpsideGBX 115 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.67 out of 5 stars 3.5 Analyst's Opinion Consensus RatingOctopus Renewables Infrastructure Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageOctopus Renewables Infrastructure Trust has received no research coverage in the past 90 days.Read more about Octopus Renewables Infrastructure Trust's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ORIT. Previous Next 1.7 Dividend Strength Dividend LeadershipOctopus Renewables Infrastructure Trust is a leading dividend payer. It pays a dividend yield of 8.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOctopus Renewables Infrastructure Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Octopus Renewables Infrastructure Trust is 30,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Octopus Renewables Infrastructure Trust's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ORIT. Previous Next 2.5 News and Social Media Coverage News SentimentOctopus Renewables Infrastructure Trust has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Financial Services companies. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Octopus Renewables Infrastructure Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of Octopus Renewables Infrastructure Trust is held by insiders.Percentage Held by Institutions60.60% of the stock of Octopus Renewables Infrastructure Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Octopus Renewables Infrastructure Trust's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Octopus Renewables Infrastructure Trust is 3,485.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 131.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Octopus Renewables Infrastructure Trust is 3,485.00, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 453.24.Price to Book Value per Share RatioOctopus Renewables Infrastructure Trust has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry Research41 banks launch ‘crypto dollar’Everyone knows the US financial system is in the middle of a radical change... The White House wants an all-digital dollar. Plus at least 41 major banks (see if your bank is one of them right here).Here's how you capitalize (including #1 crypto to play it). About Octopus Renewables Infrastructure Trust Stock (LON:ORIT)Octopus Renewables Infrastructure Trust plc operates as a closed end investment company in Europe and Australia. The company also focuses on building and operating a diversified portfolio of renewable energy assets. As of December 31, 2022, it owned a portfolio of 36 renewable energy assets covering the operational capacity of 662 MW. The company was incorporated in 2019 and is based in London, the United Kingdom.Read More ORIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ORIT Stock News HeadlinesMay 12, 2024 | finance.yahoo.comWe Wouldn't Be Too Quick To Buy Octopus Renewables Infrastructure Trust plc (LON:ORIT) Before It Goes Ex-DividendApril 6, 2024 | msn.com2 second income shares I’d buy to hold until 2034!March 29, 2024 | msn.comBritish Gas, EDF, OVO, E.On and Octopus customers to get £238 boost in bank account from MondayMarch 29, 2024 | msn.comBritish Gas, EDF, OVO, Octopus customers set for £238 boost from MondayMarch 25, 2024 | lse.co.ukOctopus Renewables raises dividend despite poor portfolio performanceFebruary 4, 2024 | finance.yahoo.comDon't Buy Octopus Renewables Infrastructure Trust plc (LON:ORIT) For Its Next Dividend Without Doing These ChecksFebruary 3, 2024 | lse.co.ukLONDON BRIEFING: Wizz Air and Ryanair see passenger numbers soarJanuary 19, 2024 | lse.co.ukOctopus Renewables books gain as backs out of Spain solar project dealDecember 23, 2023 | uk.finance.yahoo.comOctopus Renewables Infrastructure Ord (ORIT.L)December 22, 2023 | lse.co.ukAquila European considers Octopus Renewables merger offer, stock jumpsNovember 18, 2023 | msn.comMIDAS SHARE TIPS: Backing windfarms from start to finish sparks a 7% returnNovember 18, 2023 | msn.comMIDAS SHARE TIPS: Backing windfarms sparks a 7% returnNovember 18, 2023 | reuters.comUK's Octopus Energy launches $3.7 bln offshore wind fund with Tokyo GasNovember 14, 2023 | msn.comOctopus buys 5% stake in 288MW German offshore wind farmNovember 9, 2023 | finance.yahoo.comOctopus Renewables Infrastructure Trust's (LON:ORIT) Upcoming Dividend Will Be Larger Than Last Year'sOctober 6, 2023 | lse.co.ukOctopus sells two Polish wind farms to Orlen affiliateSeptember 27, 2023 | finance.yahoo.comKimberly-Clark Launches Wind Farm With Octopus Renewables Infrastructure Trust To Supply 80% of Its UK Electrical Power NeedsAugust 13, 2023 | finance.yahoo.comWhy You Might Be Interested In Octopus Renewables Infrastructure Trust plc (LON:ORIT) For Its Upcoming DividendAugust 10, 2023 | finance.yahoo.comOctopus Renewables Infrastructure Trust's (LON:ORIT) Dividend Will Be Increased To £0.0145August 7, 2023 | lse.co.ukOctopus Renewables reports quarterly fall in net asset valueAugust 3, 2023 | finance.yahoo.comThe past three years for Octopus Renewables Infrastructure Trust (LON:ORIT) investors has not been profitableJuly 31, 2023 | lse.co.ukOctopus Renewables to invest up to GBP2 million in UK solar projectMay 14, 2023 | finance.yahoo.comOctopus Renewables Infrastructure Trust plc (LON:ORIT) Passed Our Checks, And It's About To Pay A UK£0.014 DividendMay 12, 2023 | finance.yahoo.comOctopus Renewables Infrastructure Trust's (LON:ORIT) Dividend Will Be Increased To £0.0144March 29, 2023 | oilprice.comOctopus Trust Calls For Faster Grid Access In UKSee More Headlines Receive ORIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Octopus Renewables Infrastructure Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/23 Dividend2/08/2024Dividend Payable2/23/2024Ex-Dividend for 5/31 Dividend5/16/2024Today5/20/2024Dividend Payable5/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON SectorFinancial Services Industry Asset Management Sub-IndustryN/A Current SymbolLON:ORIT CUSIPN/A CIKN/A Webwww.oritani.com Phone1.201.664.5400FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetGBX 115 High Stock Price TargetGBX 115 Low Stock Price TargetGBX 115 Potential Upside/Downside+60.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.02 Trailing P/E Ratio3,587.50 Forward P/E RatioN/A P/E GrowthN/ANet Income£11.09 million Net Margins60.24% Pretax MarginN/A Return on Equity1.79% Return on Assets1.10% Debt Debt-to-Equity RatioN/A Current Ratio0.72 Quick Ratio12.25 Sales & Book Value Annual Sales£18.40 million Price / Sales22.03 Cash FlowGBX 3.21 per share Price / Cash Flow22.39 Book ValueGBX 108 per share Price / Book0.66Miscellaneous Outstanding Shares564,930,000Free FloatN/AMarket Cap£405.34 million OptionableNot Optionable Beta0.17 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Christopher GaydonInvestment DirectorMr. David BirdInvestment DirectorKey CompetitorsDunedin Income Growth Investment TrustLON:DIGJPMorgan ClaverhouseLON:JCHMid Wynd International Inv TrLON:MWYSchroders Investment Trusts - Schroder Asian Total Return InvestmentLON:ATRabrdn Asia FocusLON:AASView All Competitors ORIT Stock Analysis - Frequently Asked Questions Should I buy or sell Octopus Renewables Infrastructure Trust stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Octopus Renewables Infrastructure Trust in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ORIT shares. View ORIT analyst ratings or view top-rated stocks. What is Octopus Renewables Infrastructure Trust's stock price target for 2024? 1 Wall Street analysts have issued 12-month price targets for Octopus Renewables Infrastructure Trust's stock. Their ORIT share price targets range from GBX 115 to GBX 115. On average, they expect the company's share price to reach GBX 115 in the next twelve months. This suggests a possible upside of 65.0% from the stock's current price. View analysts price targets for ORIT or view top-rated stocks among Wall Street analysts. How have ORIT shares performed in 2024? Octopus Renewables Infrastructure Trust's stock was trading at GBX 90 on January 1st, 2024. Since then, ORIT stock has decreased by 22.6% and is now trading at GBX 69.70. View the best growth stocks for 2024 here. How often does Octopus Renewables Infrastructure Trust pay dividends? What is the dividend yield for Octopus Renewables Infrastructure Trust? Octopus Renewables Infrastructure Trust announced a dividend on Tuesday, May 7th. Stockholders of record on Thursday, May 16th will be given a dividend of GBX 1.50 per share on Friday, May 31st. This represents a dividend yield of 2.07%. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from the stock's previous dividend of GBX 1.45. The official announcement can be accessed at this link. Read our dividend analysis for ORIT. Is Octopus Renewables Infrastructure Trust a good dividend stock? Octopus Renewables Infrastructure Trust (LON:ORIT) pays an annual dividend of GBX 6 per share and currently has a dividend yield of 8.31%. ORIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for ORIT. How do I buy shares of Octopus Renewables Infrastructure Trust? Shares of ORIT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.Compare Top Brokerages Here. This page (LON:ORIT) was last updated on 5/20/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss RatingsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaThis Apple-like Innovator is Revolutionizing HealthcareWall Street Star**Breaking News** LIttle Known Biotech Company Does $41 Million In Q1! Huge AlertsWarren Buffett's "mystery stock"Stansberry ResearchDigitizing the $11T commodities sector with one tiny stockResource Stock DigestElon to Transform U.S. Economy? 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