Repsol SA (OTCMKTS:REPYY) Short Interest Down 19.3% in August

Key Points

• Repsol SA's short interest decreased by 19.3% in August, with total short interest falling to 106,500 shares from 132,000 shares at the end of July.
• The company reported a quarterly EPS of $0.64, surpassing the consensus estimate of $0.41, with revenues of $16.48 billion compared to expectations of $14.91 billion.
• Repsol recently cut its dividend payout to $0.4554 per share, which represents an unusual yield of 313.0%, indicating a high dividend payout ratio of 143.75%.

Repsol SA (OTCMKTS:REPYY - Get Free Report) saw a large decrease in short interest in August. As of August 15th, there was short interest totaling 106,500 shares, adecreaseof19.3% from the July 31st total of 132,000 shares. Based on an average daily volume of 88,200 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 88,200 shares, the short-interest ratio is currently 1.2 days.

Repsol Stock Performance

REPYY stock opened at $16.99 on Tuesday. Repsol has a one year low of $10.41 and a one year high of $17.02. The company's fifty day moving average price is $15.65 and its 200-day moving average price is $13.84. The company has a market capitalization of $19.66 billion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 5.00 and a beta of 0.69.

Repsol (OTCMKTS:REPYY - Get Free Report) last announced its earnings results on Thursday, July 24th. The energy company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.23. The business had revenue of $16.48 billion for the quarter, compared to the consensus estimate of $14.91 billion. Repsol had a net margin of 1.33% and a return on equity of 9.06%. On average, research analysts predict that Repsol will post 2.36 EPS for the current fiscal year.

Repsol Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 8th were paid a $0.4554 dividend. The ex-dividend date was Monday, July 7th. This represents a yield of 313.0%. Repsol's dividend payout ratio (DPR) is 143.75%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on REPYY shares. Kepler Capital Markets cut shares of Repsol from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 20th. Berenberg Bank upgraded shares of Repsol from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 30th. Citigroup restated a "buy" rating on shares of Repsol in a research note on Thursday, July 10th. Wall Street Zen upgraded shares of Repsol from a "hold" rating to a "buy" rating in a research note on Friday, August 1st. Finally, Barclays raised shares of Repsol from a "reduce" rating to an "overweight" rating in a report on Thursday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Repsol Company Profile

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.

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