Iberdrola (OTCMKTS:IBDRY) Shares Up 0.6% - What's Next?

Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report) shares were up 0.6% during trading on Tuesday . The company traded as high as $77.43 and last traded at $77.43. Approximately 48,459 shares were traded during trading, a decline of 46% from the average daily volume of 89,488 shares. The stock had previously closed at $76.98.

Wall Street Analyst Weigh In

Separately, Dbs Bank upgraded shares of Iberdrola to a "buy" rating in a research report on Friday, April 25th.

Iberdrola Stock Down 0.1%

The company has a debt-to-equity ratio of 0.71, a current ratio of 0.69 and a quick ratio of 0.58. The stock has a market cap of $123.26 billion, a price-to-earnings ratio of 24.69, a price-to-earnings-growth ratio of 2.30 and a beta of 0.79. The firm has a 50 day simple moving average of $73.14 and a two-hundred day simple moving average of $64.02.

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 for the quarter, beating analysts' consensus estimates of $1.19 by $0.08. Iberdrola had a net margin of 10.81% and a return on equity of 7.69%. The business had revenue of $14.64 billion for the quarter, compared to the consensus estimate of $11.06 billion. As a group, sell-side analysts expect that Iberdrola S.A. will post 3.57 EPS for the current year.

Iberdrola Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, June 9th. Shareholders of record on Monday, May 26th were issued a $0.0175 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a yield of 1.03%. Iberdrola's dividend payout ratio (DPR) is presently 46.45%.

Iberdrola Company Profile

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.