NASDAQ:RNW ReNew Energy Global (RNW) Stock Price, News & Analysis → Charles Payne Demystifies Options (From Unstoppable Prosperity) (Ad) Free RNW Stock Alerts $6.01 0.00 (0.00%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$6.00▼$6.1250-Day Range$5.32▼$6.6852-Week Range$4.78▼$7.79Volume220,958 shsAverage Volume706,339 shsMarket Capitalization$2.24 billionP/E Ratio60.10Dividend YieldN/APrice Target$8.35 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get ReNew Energy Global alerts: Email Address ReNew Energy Global MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside38.9% Upside$8.35 Price TargetShort InterestHealthy3.64% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.00Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth-25.00%From $0.04 to $0.03 Per ShareSee 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.2.22 out of 5 starsOils/Energy Sector152nd out of 242 stocksElectric Services Industry27th out of 43 stocks 3.5 Analyst's Opinion Consensus RatingReNew Energy Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageReNew Energy Global has only been the subject of 1 research reports in the past 90 days.Read more about ReNew Energy Global's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.64% of the float of ReNew Energy Global has been sold short.Short Interest Ratio / Days to CoverReNew Energy Global has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in ReNew Energy Global has recently decreased by 1.10%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldReNew Energy Global does not currently pay a dividend.Dividend GrowthReNew Energy Global does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RNW. Previous Next 2.8 News and Social Media Coverage News SentimentReNew Energy Global has a news sentiment score of 1.00. 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 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for ReNew Energy Global this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added ReNew Energy Global to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ReNew Energy Global insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.65% of the stock of ReNew Energy Global is held by insiders.Percentage Held by Institutions43.56% of the stock of ReNew Energy Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about ReNew Energy Global's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for ReNew Energy Global are expected to decrease by -25.00% in the coming year, from $0.04 to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ReNew Energy Global is 60.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.69.Price to Earnings Ratio vs. SectorThe P/E ratio of ReNew Energy Global is 60.10, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.91.Price to Book Value per Share RatioReNew Energy Global has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about ReNew Energy Global's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. About ReNew Energy Global Stock (NASDAQ:RNW)ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.Read More RNW Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RNW Stock News HeadlinesMay 9, 2024 | finance.yahoo.comReNew Signs 2.2 GW of PPAs Boosting its Clean Energy Portfolio to 15.6 GWMay 9, 2024 | investorplace.comRenewable Energy Risers: 3 Stocks Powering the Global Green ShiftMay 11, 2024 | Porter & Company (Ad)How Biden has already won 2024Obama’s Forever Term [Exposed] or Obama Biden has already won 2024 Exposed: the shocking election plot that will forever enshrine Obama’s destructive, Marxist vision for America… A plot that could hand him and his allies near-total control over the government, your way of life, and your future.May 9, 2024 | msn.comRenewable Energy Sources Fulfilled 30% of Global Demand in 2023May 7, 2024 | reuters.comRenewables provided record 30% of global electricity in 2023, Ember saysMay 7, 2024 | americanbankingnews.comNRG Energy (NYSE:NRG) vs. ReNew Energy Global (NASDAQ:RNW) Critical ComparisonMay 5, 2024 | americanbankingnews.comReNew Energy Global (NASDAQ:RNW) Trading 7.6% Higher April 30, 2024 | finance.yahoo.comIs ReNew Energy Global Plc's (NASDAQ:RNW) 3.0% ROE Worse Than Average?May 11, 2024 | Porter & Company (Ad)How Biden has already won 2024Obama’s Forever Term [Exposed] or Obama Biden has already won 2024 Exposed: the shocking election plot that will forever enshrine Obama’s destructive, Marxist vision for America… A plot that could hand him and his allies near-total control over the government, your way of life, and your future.April 18, 2024 | benzinga.comRTX Inks Largest Renewable Electricity Agreement: 'On Path To Achieve 2025 Goal'April 18, 2024 | marketwatch.comRTX Signs Renewable Electricity Deal for 12 Texas FacilitiesApril 18, 2024 | businesswire.comReNew partners with JERA to evaluate Joint Development of Green Ammonia Project in IndiaApril 16, 2024 | msn.comSeven countries now generate 100% of their electricity from renewable energyApril 16, 2024 | msn.comWind projects hit a record in 2023—but more power is needed to reach global renewable energy goalsApril 15, 2024 | forbes.comU.K.’s Renewable Energy Industry Gets A Vote Of Confidence From JapanApril 10, 2024 | businesswire.comReNew Crosses 10 GW of Gross Renewable Energy AssetsApril 4, 2024 | msn.comRenewable Energy Investment Not Enough to Reach Paris Climate TargetMarch 12, 2024 | msn.comHow Will Sarawak Achieve Being Major Renewable Energy Source for SEA?February 29, 2024 | investorplace.comBig Oil's New Rivals: 3 Clean Energy Stocks Leading the ChargeFebruary 26, 2024 | seekingalpha.comEnlight Renewable Energy reports Q4 resultsFebruary 22, 2024 | seekingalpha.comReNew Energy Global Plc (RNW) Q3 2024 Earnings Call TranscriptFebruary 21, 2024 | finance.yahoo.comReNew Energy Global Plc (NASDAQ:RNW) Q3 2024 Earnings Call TranscriptFebruary 21, 2024 | seekingalpha.comReNew Energy Global: The Indian Renewables Opportunity Is Opening UpFebruary 20, 2024 | msn.comReNew Energy Global PLC (RNW) Reports Q3 Loss, Tops Revenue EstimatesFebruary 20, 2024 | finance.yahoo.comReNew Announces Results for the Third Quarter and Nine Months of Fiscal Year 2024: Increases the bottom end of Adjusted EBITDA guidance for FY24 by 2%February 20, 2024 | benzinga.comReNew Energy Glb: Q3 Earnings InsightsFebruary 20, 2024 | businesswire.comReNew Announces Results for the Third Quarter and Nine Months of Fiscal Year 2024: Increases the bottom end of Adjusted EBITDA guidance for FY24 by 2%See More Headlines Receive RNW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ReNew Energy Global and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/20/2024Today5/11/2024Next Earnings (Estimated)6/04/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Electric services Sub-IndustryN/A Current SymbolNASDAQ:RNW CUSIPN/A CIK1848763 Webwww.rmgacquisition.com Phone124-489-6670FaxN/AEmployees2,481Year FoundedN/APrice Target and Rating Average Stock Price Target$8.35 High Stock Price Target$10.00 Low Stock Price Target$7.00 Potential Upside/Downside+38.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.10 Trailing P/E Ratio60.10 Forward P/E Ratio150.25 P/E GrowthN/ANet Income$-58,000,000.00 Net Margins3.61% Pretax Margin5.37% Return on Equity2.96% Return on Assets0.44% Debt Debt-to-Equity Ratio4.57 Current Ratio0.85 Quick Ratio0.84 Sales & Book Value Annual Sales$1.09 billion Price / Sales2.06 Cash Flow$0.35 per share Price / Cash Flow16.99 Book Value$3.86 per share Price / Book1.56Miscellaneous Outstanding Shares373,040,000Free Float340,770,000Market Cap$2.24 billion OptionableOptionable Beta0.91 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Sumant Sinha (Age 59)Founder, Chairman & CEO Comp: $1.73MMr. Kailash VaswaniChief Financial OfficerNathan JudgeInvestor Relations OfficerMr. Ashish Jain (Age 46)Company Secretary & Compliance Officer Mr. Vikash Jain (Age 46)Group President of Legal & CS Mr. Ajay TripathiChief Human Resources OfficerMs. Vaishali Nigam SinhaCofounder of ReNew & Chairperson of SustainabilityMr. Balram Mehta (Age 54)COO & Group President of ReNew Services Business Mr. Mayank Bansal (Age 46)Group President of India RE Business Mr. Sanjay Varghese (Age 54)President of ReNew Projects More ExecutivesKey CompetitorsAtlantica Sustainable InfrastructureNASDAQ:AYEnlight Renewable EnergyNASDAQ:ENLTNextEra Energy PartnersNYSE:NEPCentral PuertoNYSE:CEPUAltus PowerNYSE:AMPSView All CompetitorsInstitutional OwnershipPicton Mahoney Asset ManagementBought 133,534 shares on 5/9/2024Ownership: 0.310%GSA Capital Partners LLPBought 159,857 shares on 5/3/2024Ownership: 0.043%Jennison Associates LLCBought 104,278 shares on 5/2/2024Ownership: 0.039%Mirae Asset Global Investments Co. Ltd.Bought 48,901 shares on 5/1/2024Ownership: 0.048%Van ECK Associates CorpSold 194,816 shares on 4/30/2024Ownership: 0.271%View All Institutional Transactions RNW Stock Analysis - Frequently Asked Questions Should I buy or sell ReNew Energy Global stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ReNew Energy Global in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RNW shares. View RNW analyst ratings or view top-rated stocks. What is ReNew Energy Global's stock price target for 2024? 5 brokerages have issued 1 year target prices for ReNew Energy Global's shares. Their RNW share price targets range from $7.00 to $10.00. On average, they anticipate the company's stock price to reach $8.35 in the next year. This suggests a possible upside of 38.9% from the stock's current price. View analysts price targets for RNW or view top-rated stocks among Wall Street analysts. How have RNW shares performed in 2024? ReNew Energy Global's stock was trading at $7.66 at the beginning of the year. Since then, RNW shares have decreased by 21.5% and is now trading at $6.01. View the best growth stocks for 2024 here. When is ReNew Energy Global's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024. View our RNW earnings forecast. How were ReNew Energy Global's earnings last quarter? ReNew Energy Global Plc (NASDAQ:RNW) released its quarterly earnings results on Tuesday, February, 20th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.14) by $0.01. The firm earned $232 million during the quarter, compared to analysts' expectations of $195.90 million. ReNew Energy Global had a trailing twelve-month return on equity of 2.96% and a net margin of 3.61%. During the same period last year, the business earned ($0.15) earnings per share. What ETFs hold ReNew Energy Global's stock? ETFs with the largest weight of ReNew Energy Global (NASDAQ:RNW) stock in their portfolio include Global X Wind Energy ETF (WNDY), First Trust BICK Index Fund (BICK), Global X Renewable Energy Producers ETF (RNRG), Fidelity Clean Energy ETF (FRNW), SPDR S&P Kensho Clean Power ETF (CNRG), First Trust Global Wind Energy ETF (FAN), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) and Invesco Solar ETF (TAN). Who are ReNew Energy Global's major shareholders? ReNew Energy Global's stock is owned by a number of retail and institutional investors. Top institutional investors include Picton Mahoney Asset Management (0.31%), Van ECK Associates Corp (0.27%), Mirae Asset Global Investments Co. Ltd. (0.05%), GSA Capital Partners LLP (0.04%), Jennison Associates LLC (0.04%) and Counterpoint Mutual Funds LLC (0.01%). How do I buy shares of ReNew Energy Global? Shares of RNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RNW) was last updated on 5/11/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaThe A.I. story nobody is telling you (Read ASAP)TradeSmithObama’s Forever Term [exposed]Porter & CompanyCharles Payne Demystifies OptionsUnstoppable ProsperityDems have chosen Biden replacement?Paradigm PressForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingBill Clinton Backing Biden Replacement???The Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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