LON:ORIT Octopus Renewables Infrastructure (ORIT) Share Price, News & Analysis → Biden replacement revealed? (From Paradigm Press) (Ad) Free ORIT Stock Alerts GBX 73.50 +1.00 (+1.38%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range 72.40▼ 73.8050-Day Range 67.80▼ 84.3052-Week Range 67.30▼ 103.80Volume940,985 shsAverage Volume1.11 million shsMarket Capitalization£415.22 millionP/E Ratio3,675.00Dividend Yield8.16%Price TargetGBX 115 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Octopus Renewables Infrastructure alerts: Email Address Octopus Renewables Infrastructure MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside56.5% UpsideGBX 115 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.40Based on 2 Articles This WeekInsider 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.3.03 out of 5 stars 3.5 Analyst's Opinion Consensus RatingOctopus Renewables Infrastructure 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 has received no research coverage in the past 90 days.Read more about Octopus Renewables Infrastructure'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 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 does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Octopus Renewables Infrastructure is 30,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Octopus Renewables Infrastructure'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 3.6 News and Social Media Coverage News SentimentOctopus Renewables Infrastructure has a news sentiment score of 1.40. 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 0.55 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Octopus Renewables Infrastructure this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Octopus Renewables Infrastructure to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Octopus Renewables Infrastructure insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of Octopus Renewables Infrastructure is held by insiders.Percentage Held by Institutions60.60% of the stock of Octopus Renewables Infrastructure is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Octopus Renewables Infrastructure'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 is 3,675.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 136.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Octopus Renewables Infrastructure is 3,675.00, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 459.89.Price to Book Value per Share RatioOctopus Renewables Infrastructure has a P/B Ratio of 0.68. 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 Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide About Octopus Renewables Infrastructure 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 HeadlinesApril 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 MondayMay 7, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. March 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 dealMay 7, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. December 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 UKMarch 29, 2023 | msn.comWhy National Grid needs to speed up renewable connections to win over energy investorsSee More Headlines Receive ORIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Octopus Renewables Infrastructure and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/23 Dividend2/08/2024Dividend Payable2/23/2024Today5/07/2024Ex-Dividend for 5/31 Dividend5/16/2024Dividend 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+56.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.02 Trailing P/E Ratio3,675.00 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 / Sales22.57 Cash FlowGBX 3.28 per share Price / Cash Flow22.39 Book ValueGBX 108 per share Price / Book0.68Miscellaneous Outstanding Shares564,930,000Free FloatN/AMarket Cap£415.22 million OptionableNot Optionable Beta0.17 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Christopher GaydonInvestment DirectorMr. David BirdInvestment DirectorKey CompetitorsMid Wynd International Inv TrLON:MWYMattioli WoodsLON:MTWDunedin Income Growth Investment TrustLON:DIGSchroders Investment Trusts - Schroder Asian Total Return InvestmentLON:ATRJPMorgan ClaverhouseLON:JCHView All Competitors ORIT Stock Analysis - Frequently Asked Questions Should I buy or sell Octopus Renewables Infrastructure stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Octopus Renewables Infrastructure in the last twelve months. 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's stock price target for 2024? 1 equities research analysts have issued twelve-month price objectives for Octopus Renewables Infrastructure's shares. Their ORIT share price targets range from GBX 115 to GBX 115. On average, they anticipate the company's share price to reach GBX 115 in the next twelve months. This suggests a possible upside of 56.5% 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's stock was trading at GBX 90 at the beginning of the year. Since then, ORIT stock has decreased by 18.3% and is now trading at GBX 73.50. View the best growth stocks for 2024 here. How often does Octopus Renewables Infrastructure pay dividends? What is the dividend yield for Octopus Renewables Infrastructure? Octopus Renewables Infrastructure announced a dividend on Tuesday, May 7th. Shareholders of record on Thursday, May 16th will be given a dividend of GBX 1.50 per share on Friday, May 31st. This represents a 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 seen at this link. Read our dividend analysis for ORIT. Is Octopus Renewables Infrastructure a good dividend stock? Octopus Renewables Infrastructure (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? 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. 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