Ørsted A/S (ORSTED.CO)
| Previous close | 398.90 |
| Open | 400.00 |
| Bid | 403.20 x 0 |
| Ask | 405.80 x 0 |
| Day's range | 395.70 - 406.30 |
| 52-week range | 248.00 - 601.60 |
| Volume | |
| Avg. volume | 552,347 |
| Market cap | 170.529B |
| Beta (5Y monthly) | 0.71 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -51.09 |
| Earnings date | 15 Aug 2024 |
| Forward dividend & yield | 13.50 (3.65%) |
| Ex-dividend date | 08 Mar 2023 |
| 1y target est | 449.31 |
CityAMOrsted: Wind farms tank as market bets on Trump win after assassination attempt
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.
ReutersWind farm developer Orsted confident about strategy after Q1 profit rises
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.
CityAMOrsted sells stake in four US wind farms as group continues to navigate market uncertainty
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.
