Previous close | 399.05 |
Open | 399.00 |
Bid | 385.20 x 0 |
Ask | 425.70 x 0 |
Day's range | 396.60 - 406.00 |
52-week range | 248.00 - 601.00 |
Volume | |
Avg. volume | 211,972 |
Market cap | 203.465B |
Beta (5Y monthly) | 0.65 |
PE ratio (TTM) | 15.36 |
EPS (TTM) | 26.39 |
Earnings date | 15 Aug 2024 |
Forward dividend & yield | 13.50 (4.18%) |
Ex-dividend date | 08 Mar 2023 |
1y target est | N/A |
Wind farm manufacturers like Orsted have seen their share prices tank following the assassination attempt on former president Donald Trump, as markets bet that the more likely it is he's re-elected, the worse it will be for renewable energy.
Orsted, the world's biggest offshore wind farm developer, reported on Thursday a rise in first-quarter operating profit thanks to higher earnings from its offshore wind farms, and confirmed its full-year guidance. The offshore wind industry has been struggling with rising inflation, interest rate hikes and supply chain delays. Following a strategic review of its business, Orsted, which is 51%-owned by the Danish state, trimmed in February its investment and capacity targets, paused dividend payouts, and its finance and operations chiefs stepped down.
Going forward, Orsted said it would continue to operate the wind farms, but Stonepeak will receive 80 per cent of the cash distributed by the assets.