The Renewables Infrastructure Group (TRIG) Share Price, News & Analysis

Company Overview

The Renewables Infrastructure Group Limited specializes in infrastructure investments. The fund typically invests in operational assets which generate electricity from renewable sources, with a particular focus on onshore wind farms and solar photovoltaic parks. It seeks to invest in United Kingdom and Northern European countries including France, Ireland, Germany and Scandinavia. The fund seeks to invest through equity and shareholder loans.

Key Stats

• Today's Range: 91.10 to 92.70
• 50-Day Range: 89.50 to 104.20
• 52-Week Range: 88.80 to 117.20
• Volume: 6.67 million shs
• Average Volume: 4.30 million shs
• Market Capitalization: £2.28 billion
• P/E Ratio: N/A
• Dividend Yield: 7.61%
• Price Target: GBX 130
• Consensus Rating: Buy

The Renewables Infrastructure Group Stock Analysis - MarketRank™

The Renewables Infrastructure Group scored higher than 47% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

The Renewables Infrastructure Group 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 Coverage

The Renewables Infrastructure Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of The Renewables Infrastructure Group is -9,215.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of The Renewables Infrastructure Group is -9,215.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

The Renewables Infrastructure Group has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TRIG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

The Renewables Infrastructure Group is a leading dividend payer. It pays a dividend yield of 7.34%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

The Renewables Infrastructure Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TRIG.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.03

News Sentiment

The Renewables Infrastructure Group has a news sentiment score of -0.03. 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 lower news sentiment than the 0.62 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for The Renewables Infrastructure Group this week, compared to 1 article on an average week.

MarketBeat Follows

3 people have added The Renewables Infrastructure Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, The Renewables Infrastructure Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.08% of the stock of The Renewables Infrastructure Group is held by insiders.

Percentage Held by Institutions

50.45% of the stock of The Renewables Infrastructure Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TRIG Stock Analysis - Frequently Asked Questions

How have TRIG shares performed this year?

The Renewables Infrastructure Group's stock was trading at GBX 113.80 at the start of the year. Since then, TRIG stock has decreased by 19.0% and is now trading at GBX 92.15.
View the best growth stocks for 2024 here.

How do I buy shares of The Renewables Infrastructure Group?

Shares of TRIG 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.

What other stocks do shareholders of The Renewables Infrastructure Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The Renewables Infrastructure Group investors own include Greencoat UK Wind (UKW), Legal & General Group (LGEN), Unilever (ULVR), Aviva (AV), Lloyds Banking Group (LLOY), Meta Platforms (META) and AT&T (T).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 8/15/2024
• Dividend Payable: 9/30/2024
• Ex-Dividend for 12/31 Dividend: 11/14/2024
• Today: 11/20/2024
• Dividend Payable: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:TRIG
• CUSIP: N/A
• CIK: N/A
• Web: www.trig-ltd.com
• Phone: +44-1481-743940
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 130
• High Stock Price Target: GBX 130
• Low Stock Price Target: GBX 130
• Potential Upside/Downside: +40.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 14.44
• P/E Growth: N/A
• Net Income: £-37,700,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -1.19%
• Return on Assets: -1.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 39.00
• Quick Ratio: 179.03

Sales & Book Value

• Annual Sales: £-80,300,000.00
• Price / Sales: -28.55
• Cash Flow: GBX 2.67 per share
• Price / Cash Flow: 34.65
• Book Value: GBX 123 per share
• Price / Book: 0.75

Miscellaneous

• Outstanding Shares: 2,480,000,000
• Free Float: N/A
• Market Cap: £2.29 billion
• Optionable: Not Optionable
• Beta: 0.22