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. Stockholders 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 2.82%. The ex-dividend date of this dividend is Wednesday, May 9th. View RPC's Dividend History.

RPC declared that its Board of Directors has authorized a share repurchase plan 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. Stock repurchase plans are typically a sign that the company's management believes its shares are 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 (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.04. The oil and gas company had revenue of $436.33 million for 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 firm's revenue 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 Tuesday, July, 24th 2018. View Earnings Estimates for RPC.

19 brokers have issued twelve-month target prices for RPC's shares. Their forecasts range from $17.00 to $28.00. On average, they expect RPC's share price to reach $22.8333 in the next year. View Analyst Ratings for RPC.

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 volume of 1,420,899 shares, the short-interest ratio is presently 14.7 days. Currently, 36.8% of the shares of the stock are short sold. 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), Mammoth Energy Services (TUSK), Franks International (FI), C&J Energy Services (CJ), FTS International (FTSI), Keane Group (FRAC), Superior Energy Services (SPN), Select Energy Services (WTTR), Helix Energy Solutions Group (HLX), Hurricane Energy (HRCXF) and NCS Multistage (NCSM).

News coverage about RES stock has been trending somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. 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 coverage optimism score of 0.22 on Accern's scale. They also gave news headlines about the oil and gas company an impact score of 45.38 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

RPC's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.38%), Gabelli Funds LLC (1.22%), Gamco Investors INC. ET AL (1.09%), Victory Capital Management Inc. (0.98%), Van ECK Associates Corp (0.94%) and Dimensional Fund Advisors LP (0.70%). 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 OppenheimerFunds Inc., Millennium Management LLC, Chicago Equity Partners LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, State of Wisconsin Investment Board, Stifel Financial Corp and Alambic Investment Management L.P.. View Insider Buying and Selling for RPC.

RES stock was acquired by a variety of institutional investors in the last quarter, including Carillon Tower Advisers Inc., Russell Investments Group Ltd., Scout Investments Inc., Dimensional Fund Advisors LP, South Street Advisors LLC, Fisher Asset Management LLC, US Bancorp DE and JPMorgan Chase & Co.. 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 $14.18.

RPC has a market capitalization of $3.04 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]