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. Shareholders 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 dividend on an annualized basis and a yield of 2.70%. 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

RPC, Inc. (NYSE:RES) posted its quarterly earnings data on Wednesday, April, 25th. The oil and gas company reported $0.24 earnings per share 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 for the quarter was up 46.4% on a year-over-year basis. During the same period in the prior year, the business posted $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 analysts have issued 1-year target prices for RPC's shares. Their forecasts range from $15.00 to $28.00. On average, they anticipate RPC's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 48.2% 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), Keane Group (FRAC), FTS International (FTSI), Helix Energy Solutions Group (HLX), Hurricane Energy (HRCXF) and NCS Multistage (NCSM).

Headlines about RES stock have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RPC earned a news sentiment score of 0.04 on Accern's scale. They also gave news stories about the oil and gas company an impact score of 45.43 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

RPC's stock is owned by a number of of retail and institutional investors. Top institutional investors include Deprince Race & Zollo Inc. (0.77%), Cambiar Investors LLC (0.23%), Fisher Asset Management LLC (0.21%), Viking Fund Management LLC (0.09%), Bank of Montreal Can (0.07%) and Denali Advisors LLC (0.03%). 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 purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Deprince Race & Zollo Inc., Denali Advisors LLC, Capital One National Association and Cambiar Investors 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 $14.84.

RPC has a market capitalization of $3.17 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]