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 given a dividend of $0.10 per share on Monday, June 11th. This represents a $0.40 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Wednesday, May 9th. View RPC's Dividend History.

RPC announced that its board has approved a stock repurchase 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 buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

RPC, Inc. (NYSE:RES) announced 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 Zacks' consensus estimate of $0.28 by $0.04. The oil and gas company had revenue of $436.33 million for the quarter, compared to analysts' expectations 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 firm posted $0.02 EPS. 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 1 year target prices for RPC's shares. Their predictions range from $15.00 to $28.00. On average, they anticipate RPC's stock price to reach $22.00 in the next year. This suggests a possible upside of 47.0% 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."

RPC saw a increase in short interest during the month of 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 daily trading volume, of 1,420,899 shares, the days-to-cover ratio is presently 14.7 days. Currently, 36.8% of the company's shares 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), SemGroup (SEMG), Franks International (FI), Select Energy Services (WTTR), Mammoth Energy Services (TUSK), 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).

News coverage about RES stock has been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. RPC earned a news impact score of 0.14 on Accern's scale. They also gave media headlines about the oil and gas company an impact score of 45.22 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

RPC's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Deprince Race & Zollo Inc. (0.77%), Fisher Asset Management LLC (0.21%), Viking Fund Management LLC (0.09%), Bank of Montreal Can (0.07%), Denali Advisors LLC (0.03%) and Capital One National Association (0.02%). 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 and Capital One National Association. 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 $14.97.

RPC has a market capitalization of $3.26 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]