NYSE:RES - RPC Stock Price, Forecast & News

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

RPC announced a quarterly dividend on Wednesday, April 24th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.05 per share on Monday, June 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date is Thursday, May 9th. View RPC's Dividend History.

RPC announced that its board has authorized a stock buyback plan on Thursday, February 15th 2018, which allows the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

RPC, Inc. (NYSE:RES) released its earnings results on Wednesday, October, 23rd. The oil and gas company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.07. The oil and gas company earned $293.20 million during the quarter, compared to analyst estimates of $336.48 million. RPC had a positive return on equity of 0.09% and a negative net margin of 3.70%. The firm's revenue was down 33.4% on a year-over-year basis. During the same quarter last year, the company posted $0.23 EPS. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for RPC.

RPC will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

13 analysts have issued 12-month price objectives for RPC's stock. Their forecasts range from $3.10 to $15.00. On average, they anticipate RPC's stock price to reach $7.58 in the next year. This suggests a possible upside of 65.1% from the stock's current price. View Analyst Price Targets for RPC.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 8 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Press coverage about RES stock has trended positive recently, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. RPC earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for RPC.

RPC saw a decline in short interest in the month of December. As of December 13th, there was short interest totalling 22,640,000 shares, a decline of 7.4% from the November 28th total of 24,440,000 shares. Based on an average trading volume of 2,320,000 shares, the short-interest ratio is currently 9.8 days. Currently, 39.8% of the company's shares are short sold. View RPC's Current Options Chain.

Some companies that are related to RPC include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Oceaneering International (OII), Helix Energy Solutions Group (HLX), Seacor (CKH), Oil States International (OIS), Tidewater (TDW), Matrix Service (MTRX), Newpark Resources (NR), Era Group (ERA), Geospace Technologies (GEOS) and TETRA Technologies (TTI).

Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include Chesapeake Energy (CHK), Ford Motor (F), Energy Transfer LP Unit (ET), Advanced Micro Devices (AMD), El Pollo LoCo (LOCO), Centurylink (CTL), Oasis Petroleum (OAS), Enterprise Products Partners (EPD), General Electric (GE) and Transocean (RIG).

RPC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.07%), Virginia Retirement Systems ET AL (0.02%) and Arizona State Retirement System (0.02%). Company insiders that own RPC stock include Ben M Palmer and Pam R Rollins. View Institutional Ownership Trends for RPC.

RES stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System and California Public Employees Retirement System. View Insider Buying and Selling for RPC.

RES stock was purchased by a variety of institutional investors in the last quarter, including Virginia Retirement Systems ET AL. 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, Robinhood, Fidelity and Charles Schwab.

One share of RES stock can currently be purchased for approximately $4.59.

RPC has a market capitalization of $984.56 million and generates $1.72 billion in revenue each year. The oil and gas company earns $175.40 million in net income (profit) each year or $0.82 on an earnings per share basis. RPC employs 3,600 workers across the globe.View Additional Information About RPC.

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

RPC's mailing address is 2801 BUFORD HIGHWAY SUITE 300, ATLANTA GA, 30329. The oil and gas company can be reached via phone at 404-321-2140 or via email at [email protected]