NASDAQ:REGI - Renewable Energy Group Stock Price, Forecast & News

Renewable Energy Group trades on the NASDAQ under the ticker symbol "REGI."

Renewable Energy Group declared that its board has approved a stock repurchase plan on Friday, December 15th 2017, which permits the company to repurchase $75,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Renewable Energy Group Inc (NASDAQ:REGI) announced its quarterly earnings results on Tuesday, November, 5th. The oil and gas company reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of $0.06 by $0.13. The oil and gas company had revenue of $584.37 million for the quarter, compared to analyst estimates of $595.77 million. Renewable Energy Group had a negative net margin of 4.78% and a negative return on equity of 10.10%. View Renewable Energy Group's Earnings History.

Renewable Energy Group is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Renewable Energy Group.

4 brokerages have issued 1 year price objectives for Renewable Energy Group's shares. Their forecasts range from $22.00 to $35.00. On average, they anticipate Renewable Energy Group's share price to reach $30.75 in the next twelve months. This suggests a possible upside of 72.8% from the stock's current price. View Analyst Price Targets for Renewable Energy Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Renewable Energy Group in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Renewable Energy Group.

News coverage about REGI stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Renewable Energy Group earned a news impact score of -1.9 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Renewable Energy Group.

Some companies that are related to Renewable Energy Group include Phillips 66 (PSX), Valero Energy (VLO), Marathon Petroleum (MPC), HollyFrontier (HFC), CVR Energy (CVI), PBF Energy (PBF), World Fuel Services (INT), Delek US (DK), Green Plains (GPRE), REX American Resources (REX), Clean Energy Fuels (CLNE), Amyris (AMRS), Adams Resources & Energy (AE) and Gevo (GEVO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Renewable Energy Group investors own include Advanced Micro Devices (AMD), Baidu (BIDU), Verizon Communications (VZ), salesforce.com (CRM), Adobe (ADBE), Alibaba Group (BABA), Canopy Growth (CGC), Twitter (TWTR), Align Technology (ALGN) and Cisco Systems (CSCO).

Renewable Energy Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (5.06%), State Street Corp (4.03%), Point72 Asset Management L.P. (1.26%), Handelsbanken Fonder AB (0.51%), Rhumbline Advisers (0.43%) and First Trust Advisors LP (0.32%). Company insiders that own Renewable Energy Group stock include Chad Stone, Cynthia J Warner, Delbert Christensen, Eric Bowen, Gary Haer, Michael M Scharf and Peter John Martin Harding. View Institutional Ownership Trends for Renewable Energy Group.

REGI stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, First Trust Advisors LP, Barclays PLC, Municipal Employees Retirement System of Michigan, Public Employees Retirement System of Ohio, Voya Investment Management LLC, State of Tennessee Treasury Department and New York State Teachers Retirement System. Company insiders that have sold Renewable Energy Group company stock in the last year include Gary Haer and Michael M Scharf. View Insider Buying and Selling for Renewable Energy Group.

REGI stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Point72 Asset Management L.P., Handelsbanken Fonder AB, Adirondack Research & Management Inc., Voloridge Investment Management LLC, Skylands Capital LLC, Russell Investments Group Ltd. and 6 Meridian. Company insiders that have bought Renewable Energy Group stock in the last two years include Chad Stone, Cynthia J Warner, Delbert Christensen and Peter John Martin Harding. View Insider Buying and Selling for Renewable Energy Group.

Shares of REGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of REGI stock can currently be purchased for approximately $17.80.

Renewable Energy Group has a market capitalization of $693.49 million and generates $2.38 billion in revenue each year. The oil and gas company earns $303.63 million in net income (profit) each year or $6.78 on an earnings per share basis. Renewable Energy Group employs 850 workers across the globe.View Additional Information About Renewable Energy Group.

The official website for Renewable Energy Group is http://www.regi.com/.

Renewable Energy Group's mailing address is 416 SOUTH BELL AVENUE, AMES IA, 50010. The oil and gas company can be reached via phone at 515-239-8000.