Renewable Energy Group Stock Price, News & Analysis (NASDAQ:REGI)

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

Renewable Energy Group announced that its board has authorized a stock repurchase plan on Friday, December 15th 2017, which authorizes the company to repurchase $75,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically 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, August, 6th. The oil and gas company reported ($1.51) EPS for the quarter, missing analysts' consensus estimates of ($0.59) by $0.92. The oil and gas company earned $560.64 million during the quarter, compared to analysts' expectations of $572.93 million. Renewable Energy Group had a negative net margin of 2.88% and a negative return on equity of 5.90%. View Renewable Energy Group's Earnings History.

Renewable Energy Group is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Renewable Energy Group.

4 brokers have issued 1 year price objectives for Renewable Energy Group's stock. Their predictions range from $22.00 to $35.00. On average, they anticipate Renewable Energy Group's share price to reach $29.75 in the next twelve months. This suggests a possible upside of 90.6% 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.

Media coverage about REGI stock has trended negative on Sunday, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Renewable Energy Group earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Renewable Energy Group.

Renewable Energy Group saw a increase in short interest in September. As of September 15th, there was short interest totalling 5,660,000 shares, an increase of 8.4% from the August 15th total of 5,220,000 shares. Based on an average trading volume of 820,100 shares, the days-to-cover ratio is currently 6.9 days. Currently, 14.9% of the shares of the stock are short sold. View Renewable Energy Group's Current Options Chain.

Some companies that are related to Renewable Energy Group include Codexis (CDXS), Westlake Chemical Partners (WLKP), FutureFuel (FF), REX American Resources (REX), Green Plains (GPRE), Amyris (AMRS), Green Plains Partners (GPP), Solarwindow Technologies (WNDW), Sino United Worldwide Consolidated (SUIC), Tantech (TANH), Gevo (GEVO), Pacific Ethanol (PEIX), Aemetis (AMTX), CTD (CTDH) and Landstar (LDSR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Renewable Energy Group investors own include Align Technology (ALGN), Baidu (BIDU), Twitter (TWTR), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Cypress Semiconductor (CY), Tesla (TSLA), Teva Pharmaceutical Industries (TEVA), Adobe (ADBE) and Activision Blizzard (ATVI).

Renewable Energy Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%). 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $15.61.

Renewable Energy Group has a market capitalization of $608.17 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.