Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $74.87, but opened at $71.99. Iberdrola shares last traded at $71.41, with a volume of 6,870 shares.
Analyst Upgrades and Downgrades
Separately, Dbs Bank upgraded Iberdrola to a "buy" rating in a research note on Friday, April 25th.
Check Out Our Latest Stock Analysis on IBDRY
Iberdrola Stock Up 0.5%
The business has a fifty day simple moving average of $74.07 and a 200 day simple moving average of $66.20. The firm has a market cap of $116.16 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 2.06 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 earnings results on Wednesday, July 23rd. The utilities provider reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.04. The company had revenue of $11.21 billion during the quarter, compared to analysts' expectations of $11.73 billion. Iberdrola had a return on equity of 8.18% and a net margin of 11.30%. As a group, equities analysts forecast that Iberdrola S.A. will post 3.57 EPS for the current fiscal year.
Iberdrola Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, June 9th. Stockholders 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 is currently 89.43%.
Iberdrola Company Profile
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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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