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 paid a dividend of $0.10 per share on Monday, September 10th. This represents a $0.40 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, August 9th. View RPC's Dividend History.

RPC announced that its board has approved a share buyback plan 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 repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

RPC, Inc. (NYSE:RES) posted its earnings results on Wednesday, July, 25th. The oil and gas company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.29 by $0.01. The oil and gas company had revenue of $467.93 million for the quarter, compared to the consensus estimate of $488.40 million. RPC had a net margin of 12.60% and a return on equity of 23.23%. The firm's revenue was up 17.3% on a year-over-year basis. During the same period in the previous year, the business posted $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.

RPC will be holding an earnings conference call on Wednesday, October 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8885998686.

20 brokerages have issued 1-year price targets for RPC's shares. Their predictions range from $14.00 to $28.00. On average, they anticipate RPC's share price to reach $18.4286 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View Analyst Price Targets for RPC.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 2 sell ratings, 16 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

RPC saw a increase in short interest in September. As of September 14th, there was short interest totalling 20,679,792 shares, an increase of 25.7% from the August 31st total of 16,457,867 shares. Based on an average daily volume of 1,445,810 shares, the short-interest ratio is presently 14.3 days. Currently, 37.0% of the shares of the company are sold short. 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), Franks International (FI), SemGroup (SEMG), Helix Energy Solutions Group (HLX), Superior Energy Services (SPN), C&J Energy Services (CJ), Keane Group (FRAC), FTS International (FTSI), Mammoth Energy Services (TUSK), Select Energy Services (WTTR), National Energy Services (NESR) and Hurricane Energy (HRCXF).

RPC's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Deprince Race & Zollo Inc. (0.90%), Nikko Asset Management Americas Inc. (0.19%), Aperio Group LLC (0.06%), Bank of Montreal Can (0.03%) and Denali Advisors LLC (0.01%). 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 Bank of Montreal Can and Denali Advisors LLC. View Insider Buying and Selling for RPC.

RES stock was bought by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Aperio Group LLC and Nikko Asset Management Americas Inc.. 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 $14.75.

RPC has a market capitalization of $3.33 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.

The official website for RPC is http://www.rpc.net.

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]