Log in

TSE:PLPinnacle Renewable Stock Price, Forecast & News

-0.07 (-1.46 %)
(As of 08/6/2020 09:30 AM ET)
Today's Range
Now: C$4.71
50-Day Range
MA: C$4.38
52-Week Range
Now: C$4.71
Volume61,048 shs
Average Volume91,689 shs
Market CapitalizationC$157.13 million
P/E RatioN/A
Dividend Yield3.14%
Pinnacle Renewable Energy Inc., together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets in North America, Asia, and Europe. The company produces renewable fuel for electricity generation in the form of industrial wood pellets, which are used by utilities and large-scale power generators to produce renewable and baseload power. It also provides carbon-neutral products for residential customers; and animal bedding and sorbent products for pets. In addition, the company owns and operates the Westview port facility at Prince Rupert for the storage, handling, and loading of third party wood pellets. The company was formerly known as Pinnacle Renewable Holdings Inc. and changed its name to Pinnacle Renewable Energy Inc. in December 2018. Pinnacle Renewable Energy Inc. was founded in 1989 and is headquartered in Richmond, Canada.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.5Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.52 out of 5 stars

Industry, Sector and Symbol

Industry Lumber & Wood Production



Sales & Book Value

Annual SalesC$397.86 million
Cash FlowC$0.09 per share
Book ValueC$4.61 per share



Market CapC$157.13 million
Next Earnings Date8/10/2020 (Confirmed)
OptionableNot Optionable
-0.07 (-1.46 %)
(As of 08/6/2020 09:30 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive PL News and Ratings via Email

Sign-up to receive the latest news and ratings for PL and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles

Pinnacle Renewable (TSE:PL) Frequently Asked Questions

How has Pinnacle Renewable's stock been impacted by COVID-19 (Coronavirus)?

Pinnacle Renewable's stock was trading at C$6.74 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PL stock has decreased by 30.1% and is now trading at C$4.71.
View which stocks have been most impacted by Coronavirus

Do Wall Street analysts recommend investors buy shares of Pinnacle Renewable?

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

When is Pinnacle Renewable's next earnings date?

Pinnacle Renewable is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020.
View our earnings forecast for Pinnacle Renewable

How were Pinnacle Renewable's earnings last quarter?

Pinnacle Renewable Holdings Inc (TSE:PL) released its quarterly earnings results on Monday, May, 11th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.07. The business earned $109.68 million during the quarter, compared to the consensus estimate of $103.77 million.
View Pinnacle Renewable's earnings history

How often does Pinnacle Renewable pay dividends? What is the dividend yield for Pinnacle Renewable?

Pinnacle Renewable announced a quarterly dividend on Monday, May 11th. Shareholders of record on Friday, May 22nd will be given a dividend of 0.038 per share on Friday, June 5th. This represents a $0.15 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date is Thursday, May 21st.
View Pinnacle Renewable's dividend history

What price target have analysts set for PL?

8 analysts have issued 1-year price targets for Pinnacle Renewable's stock. Their forecasts range from C$7.50 to C$14.00. On average, they expect Pinnacle Renewable's share price to reach C$10.14 in the next year. This suggests a possible upside of 115.3% from the stock's current price.
View analysts' price targets for Pinnacle Renewable

Has Pinnacle Renewable been receiving favorable news coverage?

News articles about PL stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pinnacle Renewable earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.
View the latest news about Pinnacle Renewable

Who are some of Pinnacle Renewable's key competitors?

What other stocks do shareholders of Pinnacle Renewable own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinnacle Renewable investors own include Enbridge (ENB), WestJet Airlines (WJA), Aurora Cannabis (ACB), Air Canada (AC), Ag Growth International (AFN), Cargojet (CJT), Cenovus Energy (CVE), Element Fleet Management (EFN), Enghouse Systems (ENGH) and Home Capital Group (HCG).

Who are Pinnacle Renewable's key executives?

Pinnacle Renewable's management team includes the following people:
  • Mr. Robert McCurdy, CEO & Director (Age 62)
  • Mr. Leroy Reitsma CMA, Pres, COO & Director (Age 47)
  • Ms. Andrea Louise Johnston, Chief Financial Officer
  • Ms. Iryna Chernykh, Director of Accounting
  • Mr. Ranj Sangra, Gen. Counsel & Corp. Sec.

What is Pinnacle Renewable's stock symbol?

Pinnacle Renewable trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PL."

How do I buy shares of Pinnacle Renewable?

Shares of PL and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Pinnacle Renewable's stock price today?

One share of PL stock can currently be purchased for approximately C$4.71.

How big of a company is Pinnacle Renewable?

Pinnacle Renewable has a market capitalization of C$157.13 million and generates C$397.86 million in revenue each year. Pinnacle Renewable employs 415 workers across the globe.

What is Pinnacle Renewable's official website?

The official website for Pinnacle Renewable is pinnaclepellet.com.

How can I contact Pinnacle Renewable?

The company can be reached via phone at 604-270-9613.

This page was last updated on 8/6/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.