Renewable Energy Group, Inc. produces and sells biofuels and renewable chemicals in North America. The company operates through Biomass-Based Diesel, Services, Renewable Chemicals, and Corporate and Other segments. It acquires feedstock; and manages construction and operates biomass-based diesel production facilities. The company also produces biomass-based diesel from a range of feedstocks, including inedible corn oil, used cooking oil, and inedible animal fat, as well as soybean or canola oil; and markets, distributes, and sells biomass-based diesel and its co-products. In addition, it is involved in the purchase and resale of biomass-based diesel, petroleum-based diesel, renewable identification numbers, California Low Carbon Fuel Standard credits, and raw material feedstocks acquired from third parties; and sale of glycerin, free fatty acids, naphtha, and other co-products of the biomass-based diesel production process. Further, the company provides facility management and operational services to biomass-based diesel production facilities, as well as to other clean-tech companies; and construction management services for biomass-based diesel production facilities. Additionally, it engages in the production of renewable chemicals, advanced biofuels, and other products; and trading of petroleum-based heating oil and diesel fuel. Renewable Energy Group, Inc. was founded in 1996 and is headquartered in Ames, Iowa.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Industrial organic chemicals
Sub-IndustryOil & Gas Refining & Marketing
SectorOils/Energy
SymbolNASDAQ:REGI
CUSIP75972A30
Phone515-239-8000
Debt
Debt-to-Equity Ratio0.04
Current Ratio1.48
Quick Ratio1.06
Price-To-Earnings
Trailing P/E Ratio-12.98
Forward P/E Ratio12.49
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.16 billion
Price / Sales0.45
Cash FlowN/A
Price / CashN/A
Book Value$14.61 per share
Price / Book1.77
Profitability
EPS (Most Recent Fiscal Year)($2.04)
Net Income$-79,070,000.00
Net Margins8.64%
Return on Equity32.12%
Return on Assets18.42%
Miscellaneous
Employees727
Outstanding Shares37,260,000
Market Cap$1.03 billion
Renewable Energy Group (NASDAQ:REGI) Frequently Asked Questions
What is Renewable Energy Group's stock symbol?
Renewable Energy Group trades on the NASDAQ under the ticker symbol "REGI."
How will Renewable Energy Group's stock buyback program work?
Renewable Energy Group declared that its Board of Directors has authorized a share buyback program on Friday, December 15th 2017, which allows the company to buyback $75,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.
How were Renewable Energy Group's earnings last quarter?
Renewable Energy Group Inc (NASDAQ:REGI) announced its quarterly earnings data on Monday, August, 6th. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.46 by $0.32. The oil and gas company earned $580.15 million during the quarter, compared to analyst estimates of $572.60 million. Renewable Energy Group had a return on equity of 32.12% and a net margin of 8.64%. View Renewable Energy Group's Earnings History.
When is Renewable Energy Group's next earnings date?
What price target have analysts set for REGI?
3 brokers have issued 12 month target prices for Renewable Energy Group's stock. Their forecasts range from $13.00 to $25.00. On average, they anticipate Renewable Energy Group's share price to reach $19.6667 in the next twelve months. This suggests that the stock has a possible downside of 23.9%. View Analyst Price Targets for Renewable Energy Group.
What is the consensus analysts' recommendation for Renewable Energy Group?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Renewable Energy Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Renewable Energy Group.
What are Wall Street analysts saying about Renewable Energy Group stock?
Here are some recent quotes from research analysts about Renewable Energy Group stock:
- 1. According to Zacks Investment Research, "Renewable Energy Group, Inc. produces and sells biofuels and renewable chemicals in the U.S. It operates through Biomass-Based Diesel, Services, Renewable Chemicals, and Corporate and Other segments. It produces biomass-based diesel from a range of feedstocks, including inedible corn oil, used cooking oil, soybean oil, canola oil, and inedible animal fat. This segment is also involved in the purchase and resale of biomass-based diesel, petroleum-based diesel, renewable identification numbers, and raw material feedstocks acquired from third parties; and sale of glycerin, free fatty acids, naphtha, and other co-products of the biomass-based diesel production process. The Services segment provides facility management and operational services to biomass-based diesel production facilities, as well as to other clean-tech companies. This segment also offers construction management services for biomass-based diesel production facilities. REG is committed to being a long-term leader in bio-based fuel and chemicals. " (8/11/2018)
- 2. Canaccord Genuity analysts commented, "After ~3+ years of shares being relatively range-bound (weak oil/commodity macro coupled with platform repositioning/repowering efforts), we find the current risk/reward much more compelling, as the combination of a more favorable biodiesel macro (fair trade focus on imports), an enhanced platform (methyl ester + renewable hydrocarbon + geography) and solid management execution are supportive of a more highly valued enterprise." (3/6/2018)
Are investors shorting Renewable Energy Group?
Renewable Energy Group saw a decline in short interest in the month of August. As of August 15th, there was short interest totalling 6,935,993 shares, a decline of 15.8% from the July 31st total of 8,237,841 shares. Based on an average daily volume of 914,331 shares, the short-interest ratio is currently 7.6 days. Approximately 19.3% of the shares of the company are short sold. View Renewable Energy Group's Current Options Chain.
Who are some of Renewable Energy Group's key competitors?
Some companies that are related to Renewable Energy Group include Sensient Technologies (SXT), Codexis (CDXS), Westlake Chemical Partners (WLKP), FutureFuel (FF), Green Plains (GPRE), REX American Resources (REX), Green Plains Partners (GPP), Amyris (AMRS), Sino United Worldwide Consolidated (SUIC), Pacific Ethanol (PEIX), CTD (CTDH), Tantech (TANH), Wave Sync (WAYS), Gevo (GEVO) and Aemetis (AMTX).
Who are Renewable Energy Group's key executives?
Renewable Energy Group's management team includes the folowing people:
- Mr. Randolph L. Howard, Pres, CEO & Director (Age 68)
- Mr. Chad Stone, Chief Financial Officer (Age 48)
- Mr. Gary Haer, VP of Sales & Marketing (Age 65)
- Mr. Brad Albin, VP of Manufacturing (Age 56)
- Mr. Todd Samuels, Chief Accounting Officer (Age 37)
Has Renewable Energy Group been receiving favorable news coverage?
News stories about REGI stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Renewable Energy Group earned a news and rumor sentiment score of 0.18 on Accern's scale. They also gave news articles about the oil and gas company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Renewable Energy Group.
Who are Renewable Energy Group's major shareholders?
Renewable Energy Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.08%), Dimensional Fund Advisors LP (8.67%), Towle & Co. (5.06%), DnB Asset Management AS (4.09%), OppenheimerFunds Inc. (4.01%) and Renaissance Technologies LLC (3.47%). Company insiders that own Renewable Energy Group stock include Carlson Capital L P, Chad Stone, Christopher D Sorrells, Delbert Christensen, Eric Bowen, Gary Haer and Peter John Martin Harding. View Institutional Ownership Trends for Renewable Energy Group.
Which institutional investors are selling Renewable Energy Group stock?
REGI stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Formula Growth Ltd., Bank of America Corp DE, Los Angeles Capital Management & Equity Research Inc., California Public Employees Retirement System, Nomura Holdings Inc., Schroder Investment Management Group and Schroder Investment Management Group. Company insiders that have sold Renewable Energy Group company stock in the last year include Eric Bowen and Gary Haer. View Insider Buying and Selling for Renewable Energy Group.
Which institutional investors are buying Renewable Energy Group stock?
REGI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., ClariVest Asset Management LLC, Luzich Partners LLC, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Richard Bernstein Advisors LLC, Renaissance Technologies LLC and Towle & Co.. Company insiders that have bought Renewable Energy Group stock in the last two years include Chad Stone, Christopher D Sorrells, Delbert Christensen and Peter John Martin Harding. View Insider Buying and Selling for Renewable Energy Group.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Renewable Energy Group's stock price today?
One share of REGI stock can currently be purchased for approximately $25.85.
How big of a company is Renewable Energy Group?
Renewable Energy Group has a market capitalization of $1.03 billion and generates $2.16 billion in revenue each year. The oil and gas company earns $-79,070,000.00 in net income (profit) each year or ($2.04) on an earnings per share basis. Renewable Energy Group employs 727 workers across the globe.
How can I contact Renewable Energy Group?
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.
MarketBeat Community Rating for Renewable Energy Group (NASDAQ REGI)
MarketBeat's community ratings are surveys of what our community members think about Renewable Energy Group and other stocks. Vote "Outperform" if you believe REGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
