Declared Dividend • Jul 31
Fourth quarter dividend of €0.017 announced Dividend of €0.017 is the same as last year. Ex-date: 20th August 2026 Payment date: 14th August 2026 Dividend yield will be 8.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 9 years and payments have been stable during that time. Announcement • Jul 31
Greencoat Renewables PLC announces Quarterly dividend, payable on September 14, 2026 Greencoat Renewables PLC announced Quarterly dividend of EUR 0.0170 per share payable on September 14, 2026, ex-date on August 20, 2026 and record date on August 21, 2026. Declared Dividend • May 11
Fourth quarter dividend of €0.017 announced Dividend of €0.017 is the same as last year. Ex-date: 28th May 2026 Payment date: 22nd June 2026 Dividend yield will be 8.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 8 years and payments have been stable during that time. Announcement • May 10
Greencoat Renewables PLC Announces Board and Audit Committee Changes Greencoat Renewables PLC announced following the conclusion of the Company's Annual General Meeting Bernard Byrne has been formally appointed as Chair of the Company, effective May 7, 2026. Bernard has served as a Non-Executive Director and Chair of the Management Engagement Committee of the Company since May 2025. In accordance with the Company's governance policies, Bernard will not be a member of the Audit Committee but will attend meetings of the Audit Committee as an observer. Announcement • Mar 06
Greencoat Renewables plc Announces Target Dividend for 2026 Greencoat Renewables PLC announced 2026 target dividend of 6.81c per share, unchanged vs 2025. Announcement • Feb 17
Greencoat Renewables PLC Announces Quarterly Dividend for the Period Ended 31 December 2025 On 29 January 2026, Greencoat Renewables PLC announced its quarterly dividend for the period ended 31 December 2025 of 1.70250 euro cents per share. Announcement • Jan 29
Greencoat Renewables plc Appoints Valerie Lawlor as Non-Executive Director, Member of Audit, Nomination, Remuneration and Management Engagement Committee, Effective January 28, 2026 Greencoat Renewables PLC announced the appointment of Valerie Lawlor to the Board of Directors as a Non-Executive Director, effective January 28, 2026. Valerie Lawlor will join the Board's Audit, Nomination, Remuneration and Management Engagement Committees. Valerie Lawlor is a highly experienced corporate lawyer and a leading advisor in the energy and renewables sector. She has been a Partner at McCann FitzGerald LLP since 2004, heading the firm's Energy Group and advising on major regulatory developments and complex M&A transactions across the European energy market. Valerie Lawlor has held senior leadership roles within the firm, including as Head of the Corporate Department, and has served on the firm's Policy Committee for over a decade. Valerie Lawlor is a qualified solicitor in Ireland and England & Wales, and currently serves on the Board of the Public Appointments Service. Her directorships and partnerships held in the last 5 years include Partner, McCann FitzGerald LLP and Member, Policy Committee, McCann FitzGerald LLP. Declared Dividend • Nov 03
Dividend of €0.017 announced Shareholders will receive a dividend of €0.017. Ex-date: 20th November 2025 Payment date: 12th December 2025 Dividend yield will be 9.6%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (95% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 8 years and payments have been stable during that time. Announcement • Nov 01
Greencoat Renewables PLC announces Quarterly dividend, payable on December 12, 2025 Greencoat Renewables PLC announced Quarterly dividend of EUR 0.0170 per share payable on December 12, 2025, ex-date on November 20, 2025 and record date on November 21, 2025. New Risk • Sep 15
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 97% Dividend yield: 9.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 97% Revenue is less than US$1m. Declared Dividend • Jul 31
Fourth quarter dividend of €0.017 announced Shareholders will receive a dividend of €0.017. Ex-date: 14th August 2025 Payment date: 5th September 2025 Dividend yield will be 8.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (148% earnings payout ratio). However, it is covered by cash flows (88% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 65% to bring the payout ratio under control. EPS is expected to grow by 78% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Major Estimate Revision • Jul 30
Consensus revenue estimates fall by 20% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €173.5m to €138.0m. EPS estimate fell from €0.102 to €0.079 per share. Net income forecast to grow 53% next year vs 16% growth forecast for Renewable Energy industry in Ireland. Consensus price target down from €1.04 to €0.99. Share price was steady at €0.77 over the past week. Announcement • Jul 30
Greencoat Renewables PLC announces Quarterly dividend, payable on September 05, 2025 Greencoat Renewables PLC announced Quarterly dividend of EUR 0.0170 per share payable on September 05, 2025, ex-date on August 14, 2025 and record date on August 15, 2025. Announcement • May 16
Greencoat Renewables PLC, Annual General Meeting, May 15, 2025 Greencoat Renewables PLC, Annual General Meeting, May 15, 2025. Major Estimate Revision • May 14
Consensus revenue estimates increase by 23%, EPS downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €141.5m to €173.5m. EPS estimate fell from €0.081 to €0.079. Net income forecast to grow 57% next year vs 5.6% growth forecast for Renewable Energy industry in Ireland. Consensus price target broadly unchanged at €1.04. Share price rose 2.3% to €0.76 over the past week. Announcement • May 14
HitecVision AS (OTCNO:HITV) entered into an agreement to acquire 115.7-MW portfolio of six Irish onshore wind assets from Greencoat Renewables PLC (ISE:GRP) for approximately €160 million. HitecVision AS (OTCNO:HITV) entered into an agreement to acquire 115.7-MW portfolio of six Irish onshore wind assets from Greencoat Renewables PLC (ISE:GRP) for approximately €160 million on May 13, 2025. A cash consideration of €139 million will be paid as upfront and €17 million as a non-contingent deferred consideration over 2026 and 2027. Following the deal, HitecVision and Greencoat Renewables will work together to assess future value creation opportunities for the jointly owned wind farm. The proceeds from the transaction will be allocated to the repayment of the RCF and will substantially reduce the drawn balance from the €201 million reported at first quarter of 2025.
The transaction is expected to close in June 2025.
Bertrand Gautier, Paul O'Donnell, John Musk of Schroders Greencoat LLP acted as investment manager to Greencoat Renewables PLC. Dion Di Miceli, Stuart Muress, James Atkinson of Barclays Bank PLC and Matthew Coakes, Elizabeth Evans of RBC Capital Markets acted as joint brokers to Greencoat Renewables PLC. Brian Garrahy, Ronan Veale of Davy Group acted as financial advisor to Greencoat Renewables PLC. Declared Dividend • May 11
Fourth quarter dividend of €0.017 announced Shareholders will receive a dividend of €0.017. Ex-date: 15th May 2025 Payment date: 6th June 2025 Dividend yield will be 9.0%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (148% earnings payout ratio). However, it is covered by cash flows (87% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 65% to bring the payout ratio under control. EPS is expected to grow by 87% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • May 09
Greencoat Renewables PLC announces Quarterly dividend, payable on June 06, 2025 Greencoat Renewables PLC announced Quarterly dividend of EUR 0.0170 per share payable on June 06, 2025, ex-date on May 15, 2025 and record date on May 16, 2025. New Risk • Apr 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.4% operating cash flow to total debt). Revenue is less than US$1m (€78k revenue, or US$86k). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Declared Dividend • Nov 04
Dividend of €0.017 announced Shareholders will receive a dividend of €0.017. Ex-date: 7th November 2024 Payment date: 29th November 2024 Dividend yield will be 7.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (128% earnings payout ratio). However, it is covered by cash flows (76% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 42% to bring the payout ratio under control. EPS is expected to grow by 85% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Major Estimate Revision • Nov 01
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €142.9m to €132.2m. EPS estimate also fell from €0.073 per share to €0.065 per share. Net income forecast to grow 39% next year vs 10% growth forecast for Renewable Energy industry in Ireland. Consensus price target of €1.13 unchanged from last update. Share price was steady at €0.90 over the past week. Announcement • Aug 27
Greencoat Renewables PLC to Report First Half, 2024 Results on Sep 16, 2024 Greencoat Renewables PLC announced that they will report first half, 2024 results on Sep 16, 2024 Declared Dividend • Jul 29
Fourth quarter dividend of €0.017 announced Shareholders will receive a dividend of €0.017. Ex-date: 1st August 2024 Payment date: 23rd August 2024 Dividend yield will be 7.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is covered by cash flows (60% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control. EPS is expected to grow by 68% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Jul 26
Greencoat Renewables plc Announces Quarterly Interim Dividend with Respect to the Quarter Ended 30 June 2024, Payable on August 23, 2024 Greencoat Renewables PLC announced a quarterly interim dividend of 1.685 cents per share with respect to the quarter ended 30 June 2024. Ex-Dividend Date: August 1, 2024; Record Date: August 2, 2024; Payment Date: August 23, 2024. Announcement • Apr 26
Greencoat Renewables PLC Announces Board and Committee Changes Greencoat Renewables PLC announced the appointment of Niamh Marshall to the Board of Directors as a Non-Executive Director. The Company also announces that Kevin McNamara has stepped down as Chair of the Audit Committee. In line with the Board's succession plan, Kevin will continue as a Non-Executive Director until 31 December 2024. Niamh will now succeed Kevin as Chair of the Audit Committee and will also join the Board's Management Engagement, Nomination and Remuneration Committees. Niamh (62) is an experienced professional having spent the majority of her career at KPMG Ireland as a senior audit partner. She was appointed as the first female Partner at KPMG Ireland in 1996 and held the position until 2022. Since then, Niamh has been appointed to a number of non-executive directorships across a range of industries, including financial services, agriculture and sport. Niamh holds a Bachelor of Commerce (Hons) from University College Dublin and is a Fellow of the Institute of Chartered Accountants in Ireland. Niamh is currently a director of Ulster Bank Ireland DAC, Kepak Group and the Alzheimer's Society of Ireland and is also a member of the Audit and Risk Committee of the Irish Rugby Football Union. Niamh does not hold any ordinary shares in the Company. Announcement • Mar 27
Greencoat Renewables PLC, Annual General Meeting, Apr 25, 2024 Greencoat Renewables PLC, Annual General Meeting, Apr 25, 2024, at 08:30 Coordinated Universal Time. Location: Davy House, 49 Dawson Street Dublin Ireland Major Estimate Revision • Mar 12
Consensus revenue estimates increase by 13% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from €161.0m to €182.3m. EPS estimate increased from €0.091 to €0.102 per share. Net income forecast to grow 0.9% next year vs 7.2% growth forecast for Renewable Energy industry in Ireland. Consensus price target of €1.19 unchanged from last update. Share price was steady at €0.89 over the past week. Announcement • Feb 07
Greencoat Renewables PLC to Report Fiscal Year 2023 Results on Mar 06, 2024 Greencoat Renewables PLC announced that they will report fiscal year 2023 results on Mar 06, 2024 Major Estimate Revision • Jan 12
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.09 to €0.081. Revenue forecast unchanged from €153.5m at last update. Net income forecast to shrink 11% next year vs 20% growth forecast for Renewable Energy industry in Ireland . Consensus price target of €1.21 unchanged from last update. Share price fell 2.1% to €0.97 over the past week. Announcement • Aug 21
Greencoat Renewables PLC to Report First Half, 2023 Results on Sep 18, 2023 Greencoat Renewables PLC announced that they will report first half, 2023 results on Sep 18, 2023 Buying Opportunity • Aug 10
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 9.7%. The fair value is estimated to be €1.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 141% over the last 3 years. Earnings per share has grown by 63%. For the next 3 years, revenue is forecast to decline by 3.4% per annum. Earnings is also forecast to decline by 12% per annum over the same time period. Upcoming Dividend • Aug 03
Upcoming dividend of €0.016 per share at 6.1% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Irish dividend payers (5.1%). Higher than average of industry peers (2.9%). Major Estimate Revision • May 03
Consensus revenue estimates decrease by 16% The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €189.0m to €159.0m. EPS estimate unchanged from €0.089 per share at last update. Renewable Energy industry in Ireland expected to see average net income growth of 20% next year. Consensus price target down from €1.30 to €1.27. Share price was steady at €1.08 over the past week. Announcement • Jan 30
Greencoat Renewables PLC to Report Fiscal Year 2022 Results on Feb 27, 2023 Greencoat Renewables PLC announced that they will report fiscal year 2022 results at 7:00 AM, Coordinated Universal Time on Feb 27, 2023 Major Estimate Revision • Sep 23
Consensus revenue estimates increase by 13% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €151.1m to €170.0m. EPS estimate increased from €0.11 to €0.13 per share. Net income forecast to grow 0.9% next year vs 38% growth forecast for Renewable Energy industry in Ireland. Consensus price target up from €1.34 to €1.38. Share price was steady at €1.22 over the past week. Price Target Changed • Sep 13
Price target increased to €1.33 Up from €1.24, the current price target is an average from 4 analysts. New target price is 8.8% above last closing price of €1.23. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of €0.10 for next year compared to €0.093 last year. Buying Opportunity • Aug 26
Now 21% undervalued Over the last 90 days, the stock is up 4.8%. The fair value is estimated to be €1.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%. For the next 3 years, revenue is forecast to grow by 30% per annum. Earnings is also forecast to grow by 5.8% per annum over the same time period. Buying Opportunity • Jul 25
Now 20% undervalued Over the last 90 days, the stock is up 5.8%. The fair value is estimated to be €1.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%. For the next 3 years, revenue is forecast to grow by 29% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period. Major Estimate Revision • Jun 01
Consensus revenue estimates increase by 19% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €104.4m to €123.7m. EPS estimate increased from €0.07 to €0.09 per share. Net income forecast to grow 36% next year vs 30% growth forecast for Renewable Energy industry in Ireland. Consensus price target of €1.31 unchanged from last update. Share price was steady at €1.15 over the past week. Price Target Changed • May 06
Price target increased to €1.31 Up from €1.22, the current price target is an average from 4 analysts. New target price is 11% above last closing price of €1.18. Stock is up 0.9% over the past year. The company is forecast to post earnings per share of €0.095 for next year compared to €0.093 last year. Major Estimate Revision • May 06
Consensus revenue estimates fall by 25% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €139.0m to €104.4m. EPS estimate fell from €0.10 to €0.07 per share. Net income forecast to grow 49% next year vs 30% growth forecast for Renewable Energy industry in Ireland. Consensus price target of €1.24 unchanged from last update. Share price was steady at €1.18 over the past week. Major Estimate Revision • Mar 07
Consensus revenue estimates increase by 53% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from €91.1m to €139.0m. EPS estimate increased from €0.07 to €0.10 per share. Net income forecast to grow 50% next year vs 22% growth forecast for Renewable Energy industry in Ireland. Consensus price target broadly unchanged at €1.24. Share price was steady at €1.18 over the past week. Major Estimate Revision • Feb 02
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from €88.4m to €94.5m. EPS estimate fell from €0.07 to €0.06 per share. Net income forecast to grow 194% next year vs 33% growth forecast for Renewable Energy industry in Ireland. Consensus price target broadly unchanged at €1.22. Share price was steady at €1.18 over the past week. Major Estimate Revision • Jan 29
Consensus revenue estimates increase by 36% The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €69.3m to €94.5m. EPS estimate increased from €0.06 to €0.06 per share. Net income forecast to grow 156% next year vs 36% growth forecast for Renewable Energy industry in Ireland. Consensus price target broadly unchanged at €1.23. Share price was steady at €1.15 over the past week. Upcoming Dividend • May 06
Upcoming dividend of €0.015 per share Eligible shareholders must have bought the stock before 13 May 2021. Payment date: 03 June 2021. Trailing yield: 5.2%. Within top quartile of Irish dividend payers (4.2%). Higher than average of industry peers (2.3%). Major Estimate Revision • Mar 08
Analysts increase revenue estimates to €60.4m The 2021 consensus revenue estimate increased from €49.3m. Earning per share (EPS) estimate also increased from €0.056 to €0.074 for the same period. Net income is expected to grow by 198% next year compared to 23% growth forecast for the Renewable Energy industry in Ireland. The consensus price target was lowered from €1.21 to €1.21. Share price is down by 1.3% to €1.15 over the past week. Analyst Estimate Surprise Post Earnings • Mar 02
Revenue and earnings miss expectations Revenue missed analyst estimates by 45%. Earnings per share (EPS) also missed analyst estimates by 54%. Over the next year, revenue is forecast to grow 63%, compared to a 61% growth forecast for the Renewable Energy industry in Ireland. Is New 90 Day High Low • Jan 26
New 90-day high: €1.22 The company is up 3.0% from its price of €1.18 on 27 October 2020. The Irish market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 36% over the same period. Is New 90 Day High Low • Nov 27
New 90-day low: €1.15 The company is down 8.0% from its price of €1.25 on 28 August 2020. The Irish market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.19 per share. 
