Shares of Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $75.85 and last traded at $75.68, with a volume of 19934 shares. The stock had previously closed at $74.50.
Analysts Set New Price Targets
Separately, Dbs Bank upgraded shares of Iberdrola to a "buy" rating in a research report on Friday, April 25th.
Read Our Latest Report on IBDRY
Iberdrola Stock Up 1.5%
The business has a fifty day moving average of $71.85 and a 200-day moving average of $62.73. The stock has a market cap of $121.78 billion, a PE ratio of 24.40, a price-to-earnings-growth ratio of 2.26 and a beta of 0.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.69 and a quick ratio of 0.58.
Iberdrola (OTCMKTS:IBDRY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $1.27 EPS for the quarter, topping the consensus estimate of $1.19 by $0.08. Iberdrola had a net margin of 10.81% and a return on equity of 7.69%. The firm had revenue of $14.64 billion during the quarter, compared to analyst estimates of $11.06 billion. Equities research analysts anticipate that Iberdrola S.A. will post 3.57 earnings per share for the current year.
Iberdrola Cuts Dividend
The business also recently declared a dividend, which was paid on Monday, June 9th. Investors of record on Monday, May 26th were given a dividend of $0.0175 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a dividend yield of 1.03%. Iberdrola's dividend payout ratio (DPR) is presently 46.45%.
About Iberdrola
(
Get Free Report)
Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.
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