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

Company Overview

TRIG was one of the first investment companies investing in renewable energy infrastructure projects listed on the London Stock Exchange. TRIG completed its IPO in 2013 raising £300m and is a member of the FTSE250 index. The Company develops, constructs and operates a portfolio of renewable energy infrastructure that creates value for its shareholders and generates secure, clean electricity that benefits both society and the environment. The Company’s diversified portfolio includes onshore and offshore wind farms, solar parks and battery storage projects in the UK and mainland Europe. TRIG’s strategy is focused on delivering capital growth and attractive, income-based returns supported by strong cash generation and a positive link to inflation. TRIG is managed by its Investment Manager, InfraRed, and its Operations Manager, RES, with oversight provided by an independent Board of non-executive Directors. Please refer to TRIG's latest reports for further Company information: https://www.trig-ltd.com/investors/reports-and-publications/

Key Stats

• Today's Range: 74.78 to 77.10
• 50-Day Range: 70.50 to 77.10
• 52-Week Range: 63.20 to 86.20
• Volume: 6.59 million shs
• Average Volume: 9.88 million shs
• Market Capitalization: £1.79 billion
• P/E Ratio: N/A
• Dividend Yield: 9.93%
• Price Target: GBX 100
• Consensus Rating: Moderate Buy

The Renewables Infrastructure Group Stock Analysis - MarketRank™

The Renewables Infrastructure Group scored higher than 48% 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: Moderate Buy

Consensus Rating

The Renewables Infrastructure Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

The Renewables Infrastructure Group has a consensus price target of GBX 100, representing about 30.2% upside from its current price of GBX 76.80.

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 -14.22, 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 -14.22, 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 9.93%, 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.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

The Renewables Infrastructure Group has a news sentiment score of 0.25. 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 0.87 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for The Renewables Infrastructure Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.4 / 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

0.04% of the stock of The Renewables Infrastructure Group is held by insiders.

Percentage Held by Institutions

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

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: +30.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX (5.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.98
• P/E Growth: N/A
• Net Income: -£37.22 million
• Net Margins: 328.03%
• Pretax Margin: N/A
• Return on Equity: -5.09%
• Return on Assets: -1.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.55
• Quick Ratio: 179.03

Sales & Book Value

• Annual Sales: -£123.70 million
• Price / Sales: -14.48
• 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: 2,335,186,000
• Free Float: N/A
• Market Cap: £1.79 billion
• Optionable: Not Optionable
• Beta: 0.38