NYSE:RES - RPC Stock Price, Price Target & More

RPC trades on the New York Stock Exchange (NYSE) under the ticker symbol "RES."

RPC announced a quarterly dividend on Wednesday, April 25th. Stockholders of record on Thursday, May 10th will be given a dividend of $0.10 per share on Monday, June 11th. This represents a $0.40 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend is Wednesday, May 9th. View RPC's Dividend History.

RPC declared that its board has initiated a share buyback plan on Thursday, February 15th 2018, which allows the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

RPC, Inc. (NYSE:RES) released its quarterly earnings data on Wednesday, April, 25th. The oil and gas company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.04. The oil and gas company earned $436.33 million during the quarter, compared to analyst estimates of $461.47 million. RPC had a return on equity of 22.05% and a net margin of 12.17%. The company's revenue was up 46.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for RPC.

19 equities research analysts have issued 1-year price objectives for RPC's shares. Their predictions range from $17.00 to $28.00. On average, they expect RPC's share price to reach $22.8333 in the next twelve months. View Analyst Ratings for RPC.

RPC saw a increase in short interest in May. As of May 31st, there was short interest totalling 20,817,326 shares, an increase of 32.9% from the May 15th total of 15,662,371 shares. Based on an average trading volume of 1,420,899 shares, the days-to-cover ratio is presently 14.7 days. Currently, 36.8% of the company's stock are short sold. View RPC's Current Options Chain.

Some companies that are related to RPC include Core Laboratories (CLB), Subsea 7 (SUBCY), Oceaneering International (OII), Liberty Oilfield Services (LBRT), SemGroup (SEMG), Mammoth Energy Services (TUSK), Franks International (FI), C&J Energy Services (CJ), FTS International (FTSI), Keane Group (FRAC), Superior Energy Services (SPN), Select Energy Services (WTTR), Helix Energy Solutions Group (HLX), Hurricane Energy (HRCXF) and NCS Multistage (NCSM).

News stories about RES stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. RPC earned a news sentiment score of 0.18 on Accern's scale. They also gave media coverage about the oil and gas company an impact score of 46.81 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

RPC's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.38%), Gabelli Funds LLC (1.22%), Gamco Investors INC. ET AL (1.09%), Victory Capital Management Inc. (0.98%), Van ECK Associates Corp (0.94%) and Dimensional Fund Advisors LP (0.70%). Company insiders that own RPC stock include Amy Rollins Kreisler, Ben M Palmer and Gary W Rollins. View Institutional Ownership Trends for RPC.

RES stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Millennium Management LLC, Chicago Equity Partners LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, State of Wisconsin Investment Board, Stifel Financial Corp and Alambic Investment Management L.P.. View Insider Buying and Selling for RPC.

RES stock was bought by a variety of institutional investors in the last quarter, including Carillon Tower Advisers Inc., Russell Investments Group Ltd., Scout Investments Inc., Dimensional Fund Advisors LP, South Street Advisors LLC, Fisher Asset Management LLC, US Bancorp DE and JPMorgan Chase & Co.. View Insider Buying and Selling for RPC.

Shares of RES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of RES stock can currently be purchased for approximately $14.18.

RPC has a market capitalization of $3.01 billion and generates $1.60 billion in revenue each year. The oil and gas company earns $162.51 million in net income (profit) each year or $0.66 on an earnings per share basis. RPC employs 3,500 workers across the globe.

RPC's mailing address is 2801 BUFORD HIGHWAY SUITE 520, ATLANTA GA, 30329. The oil and gas company can be reached via phone at 404-321-2140 or via email at [email protected]