NYSE:RES - RPC Stock Price, News, & Analysis

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

RPC announced a quarterly dividend on Wednesday, July 25th. Investors of record on Friday, August 10th will be given a dividend of $0.10 per share on Monday, September 10th. This represents a $0.40 annualized dividend and a yield of 2.72%. The ex-dividend date is Thursday, August 9th. View RPC's Dividend History.

RPC announced that its board has authorized a share buyback program on Thursday, February 15th 2018, which authorizes the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

RPC, Inc. (NYSE:RES) issued its quarterly earnings results on Wednesday, July, 25th. The oil and gas company reported $0.28 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.01. The oil and gas company had revenue of $467.93 million for the quarter, compared to analyst estimates of $488.40 million. RPC had a return on equity of 23.23% and a net margin of 12.60%. RPC's revenue was up 17.3% on a year-over-year basis. During the same period last year, the business earned $0.20 earnings per share. View RPC's Earnings History.

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

18 brokerages have issued 1-year price objectives for RPC's shares. Their forecasts range from $15.00 to $28.00. On average, they anticipate RPC's stock price to reach $20.5714 in the next year. This suggests a possible upside of 39.8% from the stock's current price. View Analyst Price Targets for RPC.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 1 sell rating, 14 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

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

Media stories about RES stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RPC earned a news impact score of 0.12 on Accern's scale. They also assigned news headlines about the oil and gas company an impact score of 47.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for RPC.

RPC's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.43%), Waddell & Reed Financial Inc. (1.30%), Gabelli Funds LLC (1.23%), Gamco Investors INC. ET AL (1.14%), Deprince Race & Zollo Inc. (0.77%) and Dimensional Fund Advisors LP (0.76%). 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 Waddell & Reed Financial Inc., Victory Capital Management Inc., Van ECK Associates Corp, Aristotle Capital Boston LLC, Viking Fund Management LLC, Bank of America Corp DE, US Bancorp DE and Bank of New York Mellon Corp. View Insider Buying and Selling for RPC.

RES stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Royce & Associates LP, BTIM Corp., Federated Investors Inc. PA, Russell Investments Group Ltd., Engineers Gate Manager LP, SCP Investment LP and Fisher Asset Management LLC. 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 $14.71.

RPC has a market capitalization of $3.25 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]