NASDAQ:RNW ReNew Energy Global (RNW) Stock Price, News & Analysis $5.72 +0.20 (+3.62%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$5.54▼$5.7250-Day Range$5.46▼$6.5752-Week Range$4.78▼$7.79Volume517,808 shsAverage Volume1.27 million shsMarket Capitalization$2.13 billionP/E Ratio47.67Dividend YieldN/APrice Target$8.94 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get ReNew Energy Global alerts: Email Address ReNew Energy Global MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside56.3% Upside$8.94 Price TargetShort InterestBearish4.24% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.62Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth115.38%From $0.13 to $0.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.10 out of 5 starsOils/Energy Sector141st out of 248 stocksElectric Services Industry28th out of 43 stocks 3.5 Analyst's Opinion Consensus RatingReNew Energy Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageReNew Energy Global has only been the subject of 1 research reports in the past 90 days.Read more about ReNew Energy Global's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.24% of the float of ReNew Energy Global has been sold short.Short Interest Ratio / Days to CoverReNew Energy Global has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in ReNew Energy Global has recently increased by 0.64%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldReNew Energy Global does not currently pay a dividend.Dividend GrowthReNew Energy Global does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RNW. Previous Next 2.6 News and Social Media Coverage News SentimentReNew Energy Global has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for ReNew Energy Global this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for RNW on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added ReNew Energy Global to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ReNew Energy Global insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.65% of the stock of ReNew Energy Global is held by insiders.Percentage Held by Institutions43.56% of the stock of ReNew Energy Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about ReNew Energy Global's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for ReNew Energy Global are expected to grow by 115.38% in the coming year, from $0.13 to $0.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ReNew Energy Global is 47.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.20.Price to Earnings Ratio vs. SectorThe P/E ratio of ReNew Energy Global is 47.67, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.02.Price to Book Value per Share RatioReNew Energy Global has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about ReNew Energy Global's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. About ReNew Energy Global Stock (NASDAQ:RNW)ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.Read More RNW Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RNW Stock News HeadlinesJuly 26 at 3:18 PM | msn.comDo Options Traders Know Something About ReNew Energy (RNW) Stock We Don't?July 24 at 4:31 AM | reuters.comBaywa Re Renewable Energy GmbHJuly 27, 2024 | The Oxford Club (Ad)Man Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.June 18, 2024 | seekingalpha.comReNew Energy Global Emerging As Leader In India's Renewable TransitionJune 5, 2024 | businesswire.comReNew Announces Results for the Fourth Quarter and Full Fiscal Year 2024: Reports PAT for FY24 and Provides Long Term OutlookMay 28, 2024 | finance.yahoo.comReNew Announces Date and Conference Call Details for Fourth Quarter Earnings (Q4 FY24), Fiscal Year 2024 Results and Long-Term OutlookMay 27, 2024 | finance.yahoo.comIs It Too Late To Consider Buying ReNew Energy Global Plc (NASDAQ:RNW)?May 17, 2024 | msn.comRNW, BNRG, and AGR are among utility moversJuly 27, 2024 | The Oxford Club (Ad)Don't Pay a Dime for Marc Lichtenfeld's Top AI PicksUsually, you'd have to plunk down a hefty sum to get your hands on Marc Lichtenfeld's latest income research... But today, the author of Get Rich with Dividends is feeling extra generous...May 15, 2024 | businesswire.comReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projectsMay 15, 2024 | msn.comRenewable energy exceeds 30% of the global electricity supplyMay 14, 2024 | seekingalpha.comReNew Energy Global: Structural Growth Opportunities Clouded By DebtMay 9, 2024 | finance.yahoo.comReNew Signs 2.2 GW of PPAs Boosting its Clean Energy Portfolio to 15.6 GWMay 9, 2024 | investorplace.comRenewable Energy Risers: 3 Stocks Powering the Global Green ShiftMay 9, 2024 | msn.comRenewable Energy Sources Fulfilled 30% of Global Demand in 2023May 7, 2024 | reuters.comRenewables provided record 30% of global electricity in 2023, Ember saysApril 30, 2024 | finance.yahoo.comIs ReNew Energy Global Plc's (NASDAQ:RNW) 3.0% ROE Worse Than Average?April 18, 2024 | benzinga.comRTX Inks Largest Renewable Electricity Agreement: 'On Path To Achieve 2025 Goal'See More Headlines Receive RNW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ReNew Energy Global and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings6/05/2024Today7/27/2024Next Earnings (Estimated)8/16/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Electric services Sub-IndustryUtilities Current SymbolNASDAQ:RNW CUSIPN/A CIK1848763 Webwww.rmgacquisition.com Phone124-489-6670FaxN/AEmployees2,481Year FoundedN/APrice Target and Rating Average Stock Price Target$8.94 High Stock Price Target$10.00 Low Stock Price Target$8.00 Potential Upside/Downside+56.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.12 Trailing P/E Ratio47.67 Forward P/E Ratio44.00 P/E GrowthN/ANet Income$50 million Net Margins4.17% Pretax Margin8.46% Return on Equity3.36% Return on Assets0.48% Debt Debt-to-Equity Ratio4.65 Current Ratio0.73 Quick Ratio0.72 Sales & Book Value Annual Sales$81.32 billion Price / Sales0.03 Cash Flow$0.70 per share Price / Cash Flow8.20 Book Value$3.91 per share Price / Book1.46Miscellaneous Outstanding Shares373,038,000Free Float340,770,000Market Cap$2.13 billion OptionableOptionable Beta0.93 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Sumant Sinha (Age 59)Founder, Chairman & CEO Comp: $1.73MMr. Kailash VaswaniChief Financial OfficerNathan JudgeInvestor Relations OfficerMr. Ashish Jain (Age 46)Company Secretary & Compliance Officer Mr. Vikash Jain (Age 46)Group President of Legal & CS Mr. Ajay TripathiChief Human Resources OfficerMs. Vaishali Nigam SinhaCofounder of ReNew & Chairperson of SustainabilityMr. Balram Mehta (Age 54)COO & Group President of ReNew Services Business Mr. Sanjay Varghese (Age 54)President of ReNew Projects Mr. Vikram KapurGroup President of Growth Business (Green Hydrogen, Carbon Credits, Digital) & InternationalMore ExecutivesKey CompetitorsOGE EnergyNYSE:OGEBrookfield Renewable PartnersNYSE:BEPCompanhia Paranaense de EnergiaNYSE:ELPCCEMIGNYSE:CIGClearway EnergyNYSE:CWENView All CompetitorsInstitutional OwnershipSwedbank ABBought 802,400 shares on 5/21/2024Ownership: 0.215%Tidal Investments LLCBought 2,924 shares on 5/17/2024Ownership: 0.023%Sylebra Capital LLCSold 164,184 shares on 5/16/2024Ownership: 0.656%Advisors Asset Management Inc.Sold 6,377 shares on 5/14/2024Ownership: 0.017%MQS Management LLCBought 28,556 shares on 5/14/2024Ownership: 0.008%View All Institutional Transactions RNW Stock Analysis - Frequently Asked Questions How have RNW shares performed this year? ReNew Energy Global's stock was trading at $7.66 on January 1st, 2024. Since then, RNW shares have decreased by 25.3% and is now trading at $5.72. View the best growth stocks for 2024 here. How were ReNew Energy Global's earnings last quarter? ReNew Energy Global Plc (NASDAQ:RNW) released its quarterly earnings data on Wednesday, June, 5th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.08. The business had revenue of $297 million for the quarter, compared to analysts' expectations of $243.45 million. ReNew Energy Global had a trailing twelve-month return on equity of 3.36% and a net margin of 4.17%. How do I buy shares of ReNew Energy Global? Shares of RNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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