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

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

Renewable Energy Group declared that its Board of Directors has authorized a stock repurchase plan on Friday, December 15th 2017, which authorizes the company to buyback $75,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Renewable Energy Group Inc (NASDAQ:REGI) released its quarterly earnings results on Tuesday, August, 6th. The oil and gas company reported ($1.51) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.59) by $0.92. The oil and gas company earned $560.64 million during the quarter, compared to the consensus estimate of $572.93 million. Renewable Energy Group had a negative return on equity of 5.90% and a negative net margin of 2.88%. 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 analysts have issued 12 month target prices for Renewable Energy Group's stock. Their forecasts 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 97.9% 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 trended negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news 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 media sentiment score of -2.9 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 press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Renewable Energy Group.

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), Sino United Worldwide Consolidated (SUIC), Solarwindow Technologies (WNDW), Gevo (GEVO), Tantech (TANH), Pacific Ethanol (PEIX), CTD (CTDH), Aemetis (AMTX) and Pledge Petroleum (PROP).

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

Renewable Energy Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.32%), Vanguard Group Inc. (12.42%), JPMorgan Chase & Co. (4.32%), Invesco Ltd. (4.30%), DNB Asset Management AS (3.87%) and Robeco Institutional Asset Management B.V. (3.28%). 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 Man Group plc, ClariVest Asset Management LLC, Allianz Asset Management GmbH, Renaissance Technologies LLC, Bank of New York Mellon Corp, Jacobs Levy Equity Management Inc., Prudential Financial Inc. and Wells Fargo & Company MN. Company insiders that have sold Renewable Energy Group company stock in the last year include Eric Bowen, Gary Haer and Michael M Scharf. View Insider Buying and Selling for Renewable Energy Group.

REGI stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., DNB Asset Management AS, Towle & Co., Nuveen Asset Management LLC, Vanguard Group Inc., THB Asset Management, Jefferies Group LLC and Carlson Capital L P. 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 $15.03.

Renewable Energy Group has a market capitalization of $585.57 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.