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

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

RPC declared a quarterly dividend on Wednesday, April 25th. Investors of record on Thursday, May 10th will be paid a dividend of $0.10 per share on Monday, June 11th. This represents a $0.40 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date is Wednesday, May 9th. View RPC's Dividend History.

RPC declared that its board has approved a stock repurchase program on Thursday, February 15th 2018, which permits the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

RPC, Inc. (NYSE:RES) posted its earnings results on Wednesday, April, 25th. The oil and gas company reported $0.24 EPS for the quarter, missing analysts' consensus estimates 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 business's revenue was up 46.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.02 earnings per share. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for RPC.

18 brokerages have issued twelve-month price objectives for RPC's shares. Their predictions range from $15.00 to $28.00. On average, they expect RPC's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 46.3% from the stock's current price. View Analyst Ratings 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, 13 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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), Select Energy Services (WTTR), C&J Energy Services (CJ), Superior Energy Services (SPN), FTS International (FTSI), Keane Group (FRAC), Helix Energy Solutions Group (HLX), Hurricane Energy (HRCXF) and NCS Multistage (NCSM).

Media stories about RES stock have trended somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. RPC earned a coverage optimism score of -0.02 on Accern's scale. They also gave media coverage about the oil and gas company an impact score of 47.17 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

RPC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Deprince Race & Zollo Inc. (0.77%), Cambiar Investors LLC (0.23%), Fisher Asset Management LLC (0.21%), Nikko Asset Management Americas Inc. (0.18%), Creative Planning (0.13%) and Viking Fund Management LLC (0.09%). 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 Viking Fund Management LLC and Bank of Montreal Can. View Insider Buying and Selling for RPC.

RES stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Deprince Race & Zollo Inc., Nikko Asset Management Americas Inc., Denali Advisors LLC, Capital One National Association, Cambiar Investors LLC and Creative Planning. 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 $15.04.

RPC has a market capitalization of $3.15 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]