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

Company Overview

TRIG is an investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a net zero carbon future. TRIG’s diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the UK and Europe. The Company aims to provide its investors with long-term, sustainable dividends, enhance the portfolio’s capital value and re-invest surplus cash flows after payment of dividends. TRIG is managed by its Investment Manager, InfraRed, and its Operations Manager, RES, with oversight provided by an independent Board of non-executive Directors. With the support of shareholders, TRIG’s growth since IPO has enabled the Investment Manager, InfraRed, to diversify the investment portfolio across technologies (currently onshore wind, offshore wind, solar PV and flexible capacity in the form of battery storage) and geographies (currently UK, Ireland, France, Germany, Sweden and Spain), with other technologies and geographies considered subject to rigorous analysis of the legal, regulatory and operational environment. Please refer to TRIG's latest reports for further information: https://www.trig-ltd.com/investors/reports-and-publications/

Key Stats

• Today's Range: 76 to 77
• 50-Day Range: 72.60 to 80.90
• 52-Week Range: 70 to 100.40
• Volume: 2.55 million shs
• Average Volume: 5.72 million shs
• Market Capitalization: £1.84 billion
• P/E Ratio: N/A
• Dividend Yield: 0.10%
• Price Target: GBX 100
• Consensus Rating: Buy

The Renewables Infrastructure Group Stock Analysis - MarketRank™

The Renewables Infrastructure Group scored higher than 40% 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: 3.7 / 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.

Upside Potential

The Renewables Infrastructure Group has a consensus price target of GBX 100, representing about 30.6% upside from its current price of GBX 76.55.

Amount of Analyst Coverage

The Renewables Infrastructure Group has only been the subject of 1 research reports 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 -869.89, 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 -869.89, 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 0.62. 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 9.87%, 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: 1.2 / 5
• News Sentiment: N/A

News Sentiment

The Renewables Infrastructure Group has a news sentiment score of 0.14. 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 0.49 average news sentiment score of Financial Services companies.

Company Ownership

• Score: 0.0 / 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 0.03% of the stock of The Renewables Infrastructure Group is held by insiders.

Percentage Held by Institutions

Only 36.95% of the stock of The Renewables Infrastructure Group is held by institutions.

TRIG Stock Analysis - Frequently Asked Questions

How have TRIG shares performed this year?

The Renewables Infrastructure Group's stock was trading at GBX 85.80 at the beginning of the year. Since then, TRIG shares have decreased by 10.8% and is now trading at GBX 76.55.

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.

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).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:TRIG
• 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 Price Target for The Renewables Infrastructure Group: GBX 100
• High Price Target: GBX 100
• Low Price Target: GBX 100
• Potential Upside/Downside: +30.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX (0.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.96
• P/E Growth: N/A
• Net Income: -£37.22 million
• Net Margins: 46.95%
• Pretax Margin: N/A
• Return on Equity: -1.21%
• 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: -£210.60 million
• Price / Sales: -8.72
• Cash Flow: GBX 2.21 per share
• Price / Cash Flow: 34.65
• Book Value: GBX 123.48 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 2,399,516,000
• Free Float: N/A
• Market Cap: £1.84 billion
• Optionable: Not Optionable
• Beta: 0.22