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: 88.70 to 89.70
• 50-Day Range: 76.50 to 89.70
• 52-Week Range: 70 to 107.20
• Volume: 4.24 million shs
• Average Volume: 6.22 million shs
• Market Capitalization: £2.18 billion
• P/E Ratio: N/A
• Dividend Yield: 7.88%
• Price Target: GBX 130
• Consensus Rating: Buy

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 start of the year. Since then, TRIG shares have increased by 3.5% and is now trading at GBX 88.80.

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 130
• High Price Target: GBX 130
• Low Price Target: GBX 130
• Potential Upside/Downside: +46.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX (1.52)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.87
• 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: -£79.29 million
• Price / Sales: -27.48
• Cash Flow: GBX 2.56 per share
• Price / Cash Flow: 34.65
• Book Value: GBX 123.48 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 2,453,682,797
• Free Float: N/A
• Market Cap: £2.18 billion
• Optionable: Not Optionable
• Beta: 0.22