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

1 Wall Street equities 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 equities 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 analysts have issued 12 month price objectives for The Renewables Infrastructure Group's shares. Their TRIG share price targets range from GBX 135 to GBX 135. On average, they predict the company's stock price to reach GBX 135 in the next year. This suggests a possible upside of 36.1% 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 on January 1st, 2024. Since then, TRIG shares have decreased by 12.8% and is now trading at GBX 99.20. 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 Thursday, February 15th. Investors of record on Thursday, February 22nd will be paid a dividend of GBX 1.80 per share on Thursday, March 28th. This represents a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, February 22nd. The official announcement can be seen 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 7.12%. 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 .

LON:TRIG

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

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GBX 99.20

+1.80 (+1.85%)

(As of 04/19/2024 ET)

Compare

Today's Range: 96.90
▼
99.60
50-Day Range: 96.30
▼
104
52-Week Range: 95.50
▼
130.20

Volume: 3.85 million shs
Average Volume: 3.66 million shs
Market Capitalization: £2.46 billion

P/E Ratio: 450.91
Dividend Yield: 7.06%
Price Target: GBX 135

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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The Renewables Infrastructure Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 36.1% 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.

1.85 out of 5 stars

3.5

Analyst's Opinion

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.
Amount of Analyst Coverage
The Renewables Infrastructure Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TRIG.

1.7

Dividend Strength

Dividend Leadership
The Renewables Infrastructure Group is a leading dividend payer. It pays a dividend yield of 7.12%, 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.
Dividend Coverage
The dividend payout ratio of The Renewables Infrastructure Group is 3,181.82%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRIG.

0.0

News and Social Media Coverage

Search Interest
Only 4 people have searched for TRIG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Renewables Infrastructure Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £10,000 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 0.09% of the stock of The Renewables Infrastructure Group is held by insiders.
Percentage Held by Institutions
56.23% of the stock of The Renewables Infrastructure Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of The Renewables Infrastructure Group is 450.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 141.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Renewables Infrastructure Group is 450.91, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 60.50.
Price to Book Value per Share Ratio
The Renewables Infrastructure Group has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

TRIG Stock News Headlines

April 6, 2024 | insidertrades.com

Tove Feld Purchases 10,000 Shares of The Renewables Infrastructure Group Limited (LON:TRIG) Stock

April 10, 2024 | msn.com

Investors Retreat from Renewable Energy Sector Amid Policy Uncertainties and Growth Concerns

April 19, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

April 3, 2024 | msn.com

BIG FEAT for Adani Group! 'India’s first to surpass...' - Adani Green Energy's powerful achievement

March 24, 2024 | msn.com

2 of my top FTSE stocks to consider buying for passive income before April

March 19, 2024 | msn.com

TRIG sell Kerry wind farm for €62m

February 28, 2024 | finance.yahoo.com

The Renewables Infrastructure Group Limited (TRIG.L)

February 14, 2024 | msn.com

TRIG bolsters energy storage portfolio with Fig Power acquisition

April 19, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

February 13, 2024 | lse.co.uk

Renewables Infrastructure Group Share Chat

February 11, 2024 | msn.com

I’d buy 20,618 shares of this high-yield FTSE stock for £150 a month in passive income

February 9, 2024 | investing.com

The Renewables Infrastructure Group Ltd (TRIG)

February 3, 2024 | uk.finance.yahoo.com

3 secrets of ISA stock market millionaires

February 1, 2024 | uk.finance.yahoo.com

2 dividend stocks yielding a combined 16% I’d love to buy!

December 25, 2023 | msn.com

3 compelling passive income investments to consider for 2024

December 3, 2023 | uk.finance.yahoo.com

I’d buy 13,570 shares of this FTSE 250 dividend stock for £1,000 a year in passive income

December 1, 2023 | uk.finance.yahoo.com

Renewables Infrastructure Grp (TRIG.L)

December 1, 2023 | msn.com

These 3 FTSE 250 shares are on sale! Here’s why I’d buy them today

October 29, 2023 | uk.movies.yahoo.com

I’d buy 13,700 shares of this £1 renewable energy stock for £1k a year in passive income

October 5, 2023 | msn.com

Watchlist alert! 3 FTSE stocks currently trading at 52-week lows

September 28, 2023 | forbes.com

Our Pick Of The Best Infrastructure Funds

September 1, 2023 | fool.com

Renewables Infrastructure Group (LSE: TRIG)

August 21, 2023 | msn.com

Statkraft purchases Irish wind farm portfolio from TRIG

June 8, 2023 | uk.finance.yahoo.com

TRIG.L - The Renewables Infrastructure Group Limited

May 17, 2023 | msn.com

3 red-hot dividend shares I’d buy for my Stocks & Shares ISA!

March 12, 2023 | msn.com

3 stocks to buy for a supercharged second income!

February 5, 2023 | msn.com

2 shares to buy as the IMF forecasts a UK recession

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Company Calendar

Ex-Dividend for 3/28 Dividend: 2/22/2024
Dividend Payable: 3/28/2024
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: LON
Sector: Finance
Industry: Asset Management
Sub-Industry: N/A
Current Symbol: LON:TRIG
CUSIP: N/A
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 Stock Price Target: GBX 135
High Stock Price Target: GBX 135
Low Stock Price Target: GBX 135
Potential Upside/Downside: +36.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.22
Trailing P/E Ratio: 450.91
Forward P/E Ratio: 11.33
P/E Growth: N/A
Net Income: £5.80 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 0.18%
Return on Assets: -0.53%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 31.22
Quick Ratio: 179.03

Sales & Book Value

Annual Sales: £-24,200,000.00
Price / Sales: -101.66
Cash Flow: GBX 2.86 per share
Price / Cash Flow: 34.65
Book Value: GBX 135 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 2,480,000,000
Free Float: N/A
Market Cap: £2.46 billion
Optionable: Not Optionable
Beta: 0.20

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Key Executives

Mr. Chris Sweetman
Operations Mang.

Key Competitors

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Insiders

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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 equities 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 equities 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 analysts have issued 12 month price objectives for The Renewables Infrastructure Group's shares. Their TRIG share price targets range from GBX 135 to GBX 135. On average, they predict the company's stock price to reach GBX 135 in the next year. This suggests a possible upside of 36.1% 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 on January 1st, 2024. Since then, TRIG shares have decreased by 12.8% and is now trading at GBX 99.20.
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 Thursday, February 15th. Investors of record on Thursday, February 22nd will be paid a dividend of GBX 1.80 per share on Thursday, March 28th. This represents a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, February 22nd. The official announcement can be seen 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 7.12%. 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 4/19/2024 by MarketBeat.com Staff

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

The Renewables Infrastructure Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About The Renewables Infrastructure Group Stock (LON:TRIG)

TRIG Stock Price History

TRIG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

TRIG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™