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LON:TRIG

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

GBX 97.80
+1.60 (+1.66%)
(As of 06/14/2024 ET)
Today's Range
96.10
97.80
50-Day Range
96.20
103.40
52-Week Range
95
121.40
Volume
7.18 million shs
Average Volume
3.74 million shs
Market Capitalization
£2.44 billion
P/E Ratio
444.55
Dividend Yield
7.16%
Price Target
GBX 135

The Renewables Infrastructure Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
38.0% Upside
GBX 135 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
£1 M Bought Last Quarter
Proj. Earnings Growth
N/A

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.

2.34 out of 5 stars

TRIG stock logo

About The Renewables Infrastructure Group Stock (LON:TRIG)

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.

TRIG Stock Price History

TRIG Stock News Headlines

TRIG sell Kerry wind farm for €62m
The Renewables Infrastructure Group Limited (TRIG.L)
Renewables Infrastructure Group Share Chat
The Renewables Infrastructure Group Ltd (TRIG)
3 secrets of ISA stock market millionaires
2 dividend stocks yielding a combined 16% I’d love to buy!
Renewables Infrastructure Grp (TRIG.L)
Our Pick Of The Best Infrastructure Funds
Renewables Infrastructure Group (LSE: TRIG)
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
2/22/2024
Dividend Payable
3/28/2024
Ex-Dividend for 6/28 Dividend
5/16/2024
Today
6/15/2024
Dividend Payable
6/28/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 135
High Stock Price Target
GBX 135
Low Stock Price Target
GBX 135
Potential Upside/Downside
+38.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£5.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£-24,200,000.00
Cash Flow
GBX 2.82 per share
Book Value
GBX 135 per share

Miscellaneous

Outstanding Shares
2,490,000,000
Free Float
N/A
Market Cap
£2.44 billion
Optionable
Not Optionable
Beta
0.19
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TRIG Stock Analysis - Frequently Asked Questions

Should I buy or sell The Renewables Infrastructure Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Renewables Infrastructure Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TRIG shares.
View TRIG analyst ratings
or view top-rated stocks.

What is The Renewables Infrastructure Group's stock price target for 2024?

1 brokerages have issued twelve-month target prices for The Renewables Infrastructure Group's stock. Their TRIG share price targets range from GBX 135 to GBX 135. On average, they expect the company's stock price to reach GBX 135 in the next twelve months. This suggests a possible upside of 38.0% from the stock's current price.
View analysts price targets for TRIG
or view top-rated stocks among Wall Street analysts.

How have TRIG shares performed in 2024?

The Renewables Infrastructure Group's stock was trading at GBX 113.80 at the beginning of the year. Since then, TRIG shares have decreased by 14.1% and is now trading at GBX 97.80.
View the best growth stocks for 2024 here
.

How often does The Renewables Infrastructure Group pay dividends? What is the dividend yield for The Renewables Infrastructure Group?

The Renewables Infrastructure Group announced a dividend on Wednesday, May 8th. Stockholders of record on Thursday, May 16th will be given a dividend of GBX 1.87 per share on Friday, June 28th. This represents a dividend yield of 1.86%. The ex-dividend date is Thursday, May 16th. This is a positive change from the stock's previous dividend of GBX 1.80. The official announcement can be accessed at this link.
Read our dividend analysis for TRIG
.

Is The Renewables Infrastructure Group a good dividend stock?

The Renewables Infrastructure Group (LON:TRIG) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 7.32%. TRIG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,181.82%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TRIG.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other The Renewables Infrastructure Group investors own include JLEN Environmental Assets Group (JLEN), Persimmon (PSN), 888 (888), Centamin (CEY), Dynavax Technologies (DVAX), Fevertree Drinks (FEVR), Entain PLC (GVC.L) (GVC), Legal & General Group (LGEN), Aldeyra Therapeutics (ALDX) and Ares Capital (ARCC).

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.

This page (LON:TRIG) was last updated on 6/16/2024 by MarketBeat.com Staff

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