REGI - Renewable Energy Group, Inc.
23.15 0.00 (0.00%)
After hours: 4:07PM EDT
| Previous Close | 23.17 |
| Open | 23.33 |
| Bid | 22.75 x 800 |
| Ask | 26.25 x 900 |
| Day's Range | 22.71 - 23.50 |
| 52 Week Range | 12.50 - 32.52 |
| Volume | 497,088 |
| Avg. Volume | 510,814 |
| Market Cap | 864.773M |
| Beta (3Y Monthly) | 0.30 |
| PE Ratio (TTM) | 3.55 |
| EPS (TTM) | 6.52 |
| Earnings Date | May 2, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 34.67 |
- InvestorPlace•yesterday
7 Renewable Energy Stocks to Buy for Sunny Long-Term Returns
[Editor's note: This story was previously published in March 2019. It has since been updated and republished.]The 2020 Olympic Summer Games are to be held in Tokyo, Japan. The organizers of the games are planning to power the events with 100% renewable energy, which is great news for renewable energy stocks.Not only will the facilities where the sporting events are to take place to be powered exclusively by solar and wind power, so, too,will the athletes' village, international broadcasting center and press facilities. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's an unprecedented undertaking that will highlight the decarbonization of Japan, providing a view into a future fully powered without fossil fuels. The city of Tokyo plans to generate 30% of its annual power consumption needs through renewable energy sources that include solar roads -- already installed on highways in France -- across the city by 2030. The following seven renewable energy stocks to buy will benefit from the publicity generated at the 2020 Olympic Games. * 10 High-Yielding Dividend Stocks That Won't Wilt However, that's nearly two years from now. Here's why each of them makes very compelling investments today: NextEra Energy (NEE)Not only is NextEra Energy (NYSE:NEE) the world's largest utility, it's also the largest producer of wind and solar energy anywhere on the planet, making it one of the best renewable energy stocks to buy for the long haul. Many people probably know NextEra because of its Florida Power and Light subsidiary that serves more than 5 million Floridians and is one of the largest rate-regulated electric utilities in the U.S.However, it is the subsidiary NextEra Energy Resources that is paving the way for future shareholders gains. It owns 120 wind facilities in North America that generate 13,000 megawatts of energy annually. It also generates more than 2,000 megawatts of solar power from facilities in seven states and Canada, along with natural gas-fired and nuclear power plants that deliver additional power generation.However, it is the company's views on diversity that makes it an excellent long-term investment. I'm not much of a fan of investing in utilities, but NextEra Energy's definitely got me very intrigued. Brookfield Renewable Partners (BEP)Brookfield Renewable Partners (NYSE:BEP) announced that it had increased its ownership (with partners) of TerraForm Power (NASDAQ:TERP) from 51% to 65% by purchasing an additional 61 million shares in a private placement. The investment will add $80 million annually to Brookfield Renewable's funds from operations. TerraForm Power generates 3,634 megawatts of solar and wind power around the globe with 65% right here in the U.S., another 26% in Europe, and the remainder from facilities in Canada, Chile and Uruguay. Brookfield Renewable worldwide has 843 renewable power facilities in North America, Latin America and Europe capable of producing 16,300 megawatts of power annually.In North America alone, its renewable energy facilities generate enough electricity to power 2 million homes.If you want to own more than renewable energy assets, you might consider Brookfield Asset Management (NYSE:BAM) which owns 61% of BEP and is one of the world's largest alternative asset managers. * 10 High-Yielding Dividend Stocks That Won't Wilt If I could only own one company's stock, Brookfield Asset Management would be at the top of my list. TransAlta (TAC) Like Brookfield Renewable, it could be more attractive to U.S. investors to buy TransAlta Corporation (NYSE:TAC) rather than its 64%-owned renewable energy subsidiary TransAlta Renewables (TSE:RNW), which trades on the Toronto Stock Exchange. TransAlta Renewables pays approximately CAD 150 million in dividends annually to its parent from the free cash flow generated from wind-power facilities in the U.S. and Canada that have the capacity to produce 1,248 megawatts of power and 49% of its annual cash flow along with natural gas-fired power generation that delivers 47% of its annual cash flow with hydroelectric facilities providing the rest. TransAlta Renewables is in the process of strengthening its balance sheet. Over the past two years, it has cut CAD$900 million of its debt, which should result in the company's free cash flow doubling over the next three years. The company currently pays a 1.95% monthly dividend, so by buying the parent, you're giving yourself a little more safety but a much lower dividend yield. Although there are risks to owning Canada's largest generator of wind power, if you're an aggressive investor, I'd go with RNW. Enviva (EVA)This is probably the least sexy stock you could buy in the renewable energy sector, but Enviva Partners (NYSE:EVA) is a good one nonetheless.Eviva is the world's largest producer of wood pellets, producing over three million metric tons each year from seven plants in the Southeastern part of the U.S. The pellets themselves are sold to utilities in the U.K. and Europe that use them in place of coal to produce a cleaner electricity source. Thanks to wood pellet businesses in the south like Enviva, greenhouse gas emissions have been reduced (PDF), forests are growing and jobs have been created, providing a trio of benefits that are hard to beat. * 10 High-Yielding Dividend Stocks That Won't Wilt Enviva has long-term supply contracts that provide stable cash flows. If you're an income investor, Enviva is a very safe way to meet your annual income requirements. Renewable Energy Group (REGI)Renewable Energy Group (NASDAQ:REGI) is another simple yet attractive businesses turning vegetable oils and animal fats into diesel fuel. Whenever you see one of those trucks sucking out the grease traps at a restaurant, it's going to one of Renewable Energy's 13 biomass refineries to be turned into diesel fuel. The company has the capacity to produce 575 million gallons of diesel fuel annually, 70% of which is sold to major travel centers and fuel marketers.The demand for biodiesel is tremendous. California, Texas, New York and seven other states oiught 1.5 billion gallons of the stuff in 2018, up from 1.15 billion in 2016. In Q4 2018, Renewable Energy sold 163.2 million gallons of biodiesel generating $519.8 million in revenue and $44.5 million in adjusted EBITDA. The company's adjusted EBITDA in the quarter was the highest in the past five years. Although its stock had a strong 2018, up 124%, and has struggled so far this year, I believe it has got room to move into the $30s on rising demand. TPI Composites (TPIC)What is one of the main ingredients needed for wind power? Wind, of course, but you also need turbine blades to generate that power. TPI Composites (NASDAQ:TPIC) is the largest independent manufacturer of composite wind blades for turbine manufacturers. It has facilities in North America, Europe and Asia. Although its major business is providing wind blades for turbines, the company is working to diversify its revenue streams. Last year, it announced a joint development agreement with Navistar International (NYSE:NAV) to develop a composite tractor and frame rails for a Class 8 truck.The project brings the company's strategic development plans into a new area outside of its core market providing investors with promising future growth. * 10 High-Yielding Dividend Stocks That Won't Wilt For all of 2019, analysts on average expect TPI Composites' revenue to reach $1.5 billion for the first time in the company's history. With margins moving higher, the profits will follow. Siemens (SIEGY)This last one gives you exposure to a global industrial player in Siemens (OTCMKTS:SIEGY) which, amongst its many ventures, owns 59% of Siemens Gamesa Renewable Energy (OTCMKTS:GCTAF), the world's largest producer of wind turbines. Siemens Gamesa sells its turbines to both onshore and offshore wind farms around the world. In June, Siemens Gamesa announced that it would supply 70 units of its Onshore OptimaFlex wind turbines to three onshore wind farms in Norway. The turbines will provide approximately 294 megawatts of power and have a 25-year lifetime. In Norway alone, Siemens Gamesa's turbines provide more than 500 megawatts of power with another 390 megawatts under installation. It has a total installed base of 85 gigawatts of power generated from its wind turbines. For this year's first quarter, Siemens Gamesa reported wind turbine sales of $26 billion and $404 million in earnings before interest and taxes. As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post 7 Renewable Energy Stocks to Buy for Sunny Long-Term Returns appeared first on InvestorPlace.
- Simply Wall St.•7 days ago
Renewable Energy Group, Inc. (NASDAQ:REGI) Earns A Nice Return On Capital Employed
Today we are going to look at Renewable Energy Group, Inc. (NASDAQ:REGI) to see whether it might be an attractive investment prospect. In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into...
- Business Wire•8 days ago
Renewable Energy Group to Report First Quarter 2019 Financial Results on Thursday, May 2
– Conference Call to Follow at 4:30 p.m. ET/3:30 p.m. CT –
- ACCESSWIRE•9 days ago
alphaDIRECT Advisors Conducts a Strategic Review of Renewable Energy Group and Its Business and Operations With the New President and CEO, Cynthia J. Warner
NEW YORK, NY / ACCESSWIRE / April 16, 2019 / alphaDIRECT Advisors (ADA), a division of EnergyTech Investor, LLC and a Publishing and Investor Intelligence firm, announced today that Shawn Severson, Founding ...
- Motley Fool•15 days ago
Here's Why Renewable Energy Group Lost 17.4% in March
The biodiesel leader reported full-year 2018 operating results.
- Zacks•22 days ago
Should IQ Chaikin U.S. Small Cap ETF (CSML) Be on Your Investing Radar?
Style Box ETF report for CSML
- ACCESSWIRE•24 days ago
Microgrid Tech Could Solve Major Cannabis Problem
HENDERSON, NV / ACCESSWIRE / April 1, 2019 / According to the Cannabis Energy Report released by New Frontier Data last October, the production of legal cannabis is projected to consume 162 % more energy ...
- Investopedia•29 days ago
The Green New Deal Explained
Alexandria Ocasio-Cortez's call to transform the U.S. economy away from fossil fuels and create millions of green jobs has sparked fierce debate.
- ACCESSWIRE•last month
This Company May Solve Cannabis' Energy Problem
HENDERSON, NV / ACCESSWIRE / March 22, 2019 / According to the Cannabis Energy Report released by New Frontier Data last October, the production of legal cannabis is projected to consume 162 % more energy ...
- Motley Fool•last month
3 Takeaways From Renewable Energy Group's Q4 2018 Earnings
Things are looking up for the biodiesel producer, but is the stock a buy after more than doubling in the last year?
- ACCESSWIRE•last month
162% Increase in Cannabis Cultivation
HENDERSON, NV / ACCESSWIRE / March 14, 2019 / New Frontier Data, the authority in data, analytics and business intelligence on the global cannabis industry, in partnership with Resource Innovation Institute ...
- GlobeNewswire•last month
Renewable Energy Group to Participate at 31st Annual ROTH Conference
AMES, Iowa, March 12, 2019 -- Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that its President and Chief Executive Officer, Cynthia (CJ) Warner will participate in.
- Simply Wall St.•last month
Should You Be Concerned About Renewable Energy Group, Inc.’s (NASDAQ:REGI) Historical Volatility?
Anyone researching Renewable Energy Group, Inc. (NASDAQ:REGI) might want to consider the historical volatility of the share price. Volatility is considered to be a measure of risk in modern financeRead More...
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of REGI earnings conference call or presentation 5-Mar-19 9:30pm GMT
Q4 2018 Renewable Energy Group Inc Earnings Call
- GuruFocus.com•2 months ago
Renewable Energy Group Inc (REGI) Files 10-K for the Fiscal Year Ended on December 31, 2018
Renewable Energy Group Inc (NASDAQ:REGI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018.
- GlobeNewswire•2 months ago
Renewable Energy Group Reports Fourth Quarter and Full Year 2018 Financial Results
Fourth Quarter 2018 Highlights: Net income from continuing operations of $30.4 million, or $0.66 per diluted share, compared to a net loss from continuing operations of $13.9.
- GlobeNewswire•2 months ago
Renewable Energy Group to Report Fourth Quarter and Fiscal Year 2018 Financial Results on Tuesday, March 5
AMES, Iowa, Feb. 15, 2019 -- Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that it will release financial results for the fourth quarter and fiscal year 2018 after.
- ACCESSWIRE•2 months ago
Companies to Benefit from ''Green New Deal''
HENDERSON, NV / ACCESSWIRE / February 13, 2019 / Last Friday, Representative Alexandria Ocasio-Cortez (D-NY) and Senator Ed Markey (D-MA) released their Green New Deal. While there has been debate over ...
- Zacks•2 months ago
The Zacks Analyst Blog Highlights: NextEra, Enviva, Brookfield Renewable, Renewable Energy and NextEra
The Zacks Analyst Blog Highlights: NextEra, Enviva, Brookfield Renewable, Renewable Energy and NextEra
- Zacks•2 months ago
4 Solid Renewable Energy Stocks Investors Will Love
The United States sourced nearly 15% of its electricity from solar panels, wind farms and hydroelectric dams last year. This trend is likely to pick up this year.
- Motley Fool•3 months ago
Here's Why Renewable Energy Group Rose 12.4% in January
The biodiesel leader rebounded after a sour end to 2018, although investors have plenty to look forward to in the years ahead.
- Simply Wall St.•3 months ago
Why Renewable Energy Group, Inc. (NASDAQ:REGI) Looks Like A Quality Company
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Many investors are still learning about the Read More...
- GlobeNewswire•3 months ago
ExxonMobil and Renewable Energy Group Partner with Clariant to Advance Cellulosic Biofuel Research
ExxonMobil and Renewable Energy Group (REG) said today that they have signed a joint research agreement with Clariant to evaluate the potential use of cellulosic sugars from sources such as agricultural waste and residues to produce biofuel, which has the potential to play a role in reducing greenhouse gas emissions. The new partnership expands a previously announced agreement for joint research between ExxonMobil and REG, in which the companies successfully validated the ability of REG Life Sciences bio-conversion technology to convert sugars from cellulosic biomass into biodiesel through a single-step process.
