Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $76.53, but opened at $73.41. Iberdrola shares last traded at $73.65, with a volume of 7,832 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Dbs Bank upgraded shares of Iberdrola to a "buy" rating in a research report on Friday, April 25th.
Check Out Our Latest Research Report on Iberdrola
Iberdrola Stock Performance
The stock has a market capitalization of $117.67 billion, a P/E ratio of 23.57, a PEG ratio of 2.19 and a beta of 0.79. The stock's 50-day simple moving average is $73.49 and its 200 day simple moving average is $64.72. 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 announced its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $1.27 earnings per share (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 company had revenue of $14.64 billion during the quarter, compared to the consensus estimate of $11.06 billion. Research analysts expect that Iberdrola S.A. will post 3.57 EPS for the current fiscal year.
Iberdrola Cuts Dividend
The firm also recently announced 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. This represents a dividend yield of 1.03%. The ex-dividend date was Friday, May 23rd. Iberdrola's dividend payout ratio is presently 94.52%.
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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