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.
Industry, Sector and Symbol
Industry Lumber & Wood Production
Sub-IndustryN/A
SectorBasic Materials
CIKN/A
Phone604-270-9613
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$390.07 million
Profitability
Miscellaneous
Employees415
Next Earnings Date2/20/2020 (Estimated)
OptionableNot Optionable
Pinnacle Renewable (TSE:PL) Frequently Asked Questions
What is Pinnacle Renewable's stock symbol?
Pinnacle Renewable trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PL."
How often does Pinnacle Renewable pay dividends? What is the dividend yield for Pinnacle Renewable?
Pinnacle Renewable announced a quarterly dividend on Tuesday, November 12th. Shareholders of record on Friday, November 22nd will be given a dividend of 0.15 per share on Friday, December 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date is Thursday, November 21st. View Pinnacle Renewable's Dividend History.
How were Pinnacle Renewable's earnings last quarter?
Pinnacle Renewable Holdings Inc (TSE:PL) issued its earnings results on Tuesday, November, 12th. The company reported ($0.03) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.03. The firm had revenue of $92.55 million for the quarter, compared to the consensus estimate of $99.90 million. View Pinnacle Renewable's Earnings History.
When is Pinnacle Renewable's next earnings date?
What price target have analysts set for PL?
5 Wall Street analysts have issued twelve-month price targets for Pinnacle Renewable's shares. Their forecasts range from C$10.25 to C$15.00. On average, they anticipate Pinnacle Renewable's share price to reach C$12.65 in the next year. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Price Targets for Pinnacle Renewable.
What is the consensus analysts' recommendation for Pinnacle Renewable?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Renewable in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinnacle Renewable.
Has Pinnacle Renewable been receiving favorable news coverage?
News coverage about PL stock has trended very positive on Friday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinnacle Renewable earned a news impact score of 3.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Pinnacle Renewable.
Who are some of Pinnacle Renewable's key competitors?
Some companies that are related to Pinnacle Renewable include Acadian Timber (ADN), Midway (MWY), Kangaroo Island Plantation Timbers (KPT), Big River Industries (BRI), Embelton (EMB), Canfor (CFPZF), Chemtrade Logistics Income Fund (ACAZF), EVITRADE Health Systems (EVA), Papyrus Australia (PPY), Rubicon (RUBNF), West Fraser Timber (WFTBF) and Western Forest Products (WFSTF).
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 Aurora Cannabis (ACB), Ag Growth International (AFN), Bombardier, Inc. Class B (BBD.B), Element Fleet Management (EFN), Enerflex (EFX), Ensign Energy Services (ESI), H&R Real Estate Investment Trust (HR.UN), Husky Energy (HSE), Inter Pipeline (IPL) and Largo Resources (LGO).
Who are Pinnacle Renewable's key executives?
Pinnacle Renewable's management team includes the folowing 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.
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$10.51.
How big of a company is Pinnacle Renewable?
What is Pinnacle Renewable's official website?
How can I contact Pinnacle Renewable?
The company can be reached via phone at 604-270-9613.
MarketBeat Community Rating for Pinnacle Renewable (TSE PL)
MarketBeat's community ratings are surveys of what our community members think about Pinnacle Renewable and other stocks. Vote "Outperform" if you believe PL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PL will underperform the S&P 500 over the long term. You may vote once every thirty days.
