NYSE:RES RPC - RES Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding RPC, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $7.66 -0.26 (-3.28%) (As of 03/23/2023 03:57 PM ET) Add Compare Share Share Today's Range$7.59▼$8.1350-Day Range$7.64▼$9.9952-Week Range$5.70▼$12.91Volume1.50 million shsAverage Volume1.36 million shsMarket Capitalization$1.67 billionP/E Ratio7.58Dividend Yield2.09%Price Target$24.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media RPC MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside218.5% Upside$24.33 Price TargetShort InterestBearish8.61% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.21Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth7.60%From $1.71 to $1.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 starsOils/Energy Sector121st out of 243 stocksOil & Gas Field Services, Not Elsewhere Classified Industry10th out of 19 stocks 3.0 Analyst's Opinion Consensus RatingRPC has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.33, RPC has a forecasted upside of 218.5% from its current price of $7.64.Amount of Analyst CoverageRPC has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.61% of the float of RPC has been sold short.Short Interest Ratio / Days to CoverRPC has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in RPC has recently increased by 7.89%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldRPC pays a meaningful dividend of 2.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRPC has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of RPC is 15.84%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, RPC will have a dividend payout ratio of 8.70% next year. This indicates that RPC will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RES. Previous Next 2.3 News and Social Media Coverage News SentimentRPC has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for RPC this week, compared to 3 articles on an average week.Search InterestOnly 15 people have searched for RES on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.MarketBeat Follows4 people have added RPC to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RPC insiders have not sold or bought any company stock.Percentage Held by Insiders65.90% of the stock of RPC is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 27.15% of the stock of RPC is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for RPC are expected to grow by 7.60% in the coming year, from $1.71 to $1.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RPC is 7.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.16.Price to Earnings Ratio vs. SectorThe P/E ratio of RPC is 7.56, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 62.40.Price to Book Value per Share RatioRPC has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About RPC (NYSE:RES) StockRPC, Inc. engages in the exploration, production and development of oil and gas properties. It operates through the following segments: Technical Services and Support Services. The Technical Services segment provides oil and gas, fracturing, acidizing, coiled tubing, snubbing, nitrogen, well control, wireline and fishing services. The Support Services segment offers oilfield pipe inspection services and rental tools for use with onshore and offshore oil and gas well drilling. The company was founded in 1984 and is headquartered in Atlanta, GA.Read More Receive RES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RPC and its competitors with MarketBeat's FREE daily newsletter. Email Address RES Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comConocoPhillips (COP), Sempra Energy Finalize Port Arthur LNG JVMarch 20, 2023 | finance.yahoo.comDeclining Stock and Decent Financials: Is The Market Wrong About RPC, Inc. (NYSE:RES)?March 23, 2023 | Weiss Ratings (Ad)Banking NightmareDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …March 20, 2023 | finance.yahoo.comBull of the Day: RPC Inc. (RES)March 20, 2023 | finance.yahoo.comRPC and Thor Industries have been highlighted as Zacks Bull and Bear of the DayMarch 16, 2023 | americanbankingnews.comRPC (NYSE:RES) Receives New Coverage from Analysts at StockNews.comMarch 15, 2023 | seekingalpha.comRPC: Attractively Valued In A Sector With Robust Earnings PotentialMarch 13, 2023 | finance.yahoo.comBP's CEO Receives $12M Total Pay for 2022 Due to Huge ProfitMarch 23, 2023 | Weiss Ratings (Ad)Banking NightmareDuring and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …March 10, 2023 | finance.yahoo.comExxonMobil (XOM) to Cut Spending in Europe for Windfall TaxMarch 8, 2023 | finance.yahoo.comW&T Offshore (WTI) Beats on Q4 Earnings, Ups 2023 Capex OutlookMarch 1, 2023 | finance.yahoo.comRPC (NYSE:RES) Is Achieving High Returns On Its CapitalFebruary 23, 2023 | finance.yahoo.comMatador (MTDR) Tops on Q4 Earnings, Hikes Quarterly DividendFebruary 16, 2023 | finance.yahoo.comEQT Corp (EQT) Misses on Q4 Earnings, Hikes 2023 Sales OutlookFebruary 13, 2023 | finance.yahoo.comEquinor (EQNR) Tops on Q4 Earnings, Hikes Ordinary DividendFebruary 13, 2023 | finance.yahoo.comWith 40% stake, RPC, Inc. (NYSE:RES) seems to have captured institutional investors' interestFebruary 9, 2023 | finance.yahoo.comDCP Midstream (DCP) Q4 Earnings Beat, Revenues Decline Y/YFebruary 6, 2023 | finance.yahoo.comJim Cramer’s Favorite Energy and Bank Stock PicksFebruary 1, 2023 | finance.yahoo.comMPLX Misses Q4 Earnings Estimates, Hikes 2023 Capital BudgetJanuary 31, 2023 | finance.yahoo.comPhillips 66 (PSX) Q4 Earnings Miss Estimate, Revenues BeatJanuary 26, 2023 | finance.yahoo.comRPC, Inc. (NYSE:RES) Q4 2022 Earnings Call TranscriptJanuary 25, 2023 | finance.yahoo.comCore Labs (CLB) Reveals Plans to Transfer Domicile to U.S.January 20, 2023 | finance.yahoo.comSchlumberger (SLB) Beats Earnings & Revenue Estimates in Q4January 4, 2023 | finance.yahoo.comRPC, Inc. Announces Date for Fourth Quarter 2022 Financial Results and Conference CallDecember 5, 2022 | finance.yahoo.comRPC's (NYSE:RES) investors will be pleased with their solid 124% return over the last three yearsNovember 25, 2022 | finance.yahoo.comWhy Is RPC (RES) Down 3.6% Since Last Earnings Report?November 8, 2022 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why RPC (RES) is a Great ChoiceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive RES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RPC and its competitors with MarketBeat's FREE daily newsletter. Email Address RES Company Calendar Last Earnings1/25/2023Ex-Dividend for 3/10 Dividend2/09/2023Dividend Payable3/10/2023Today3/23/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field services, not elsewhere classified Sub-IndustryOil & Gas Equipment & Services SectorOils/Energy Current SymbolNYSE:RES CUSIP74966010 CIK742278 Webwww.rpc.net Phone(404) 321-2140Fax404-321-5483Employees2,732Year Founded1984Price Target and Rating Average Stock Price Forecast$24.33 High Stock Price Forecast$50.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+207.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.01 Trailing P/E Ratio7.84 Forward P/E Ratio4.63 P/E GrowthN/ANet Income$218.36 million Net Margins13.63% Pretax Margin18.08% Return on Equity29.45% Return on Assets21.83% Debt Debt-to-Equity RatioN/A Current Ratio3.94 Quick Ratio3.39 Sales & Book Value Annual Sales$1.60 billion Price / Sales1.08 Cash Flow$1.40 per share Price / Cash Flow5.65 Book Value$3.96 per share Price / Book2.00Miscellaneous Outstanding Shares217,500,000Free Float74,168,000Market Cap$1.72 billion OptionableOptionable Beta1.81 Social Links Key ExecutivesBen M. PalmerPresident, Chief Executive Officer & DirectorMichael L. SchmitSecretary, Chief Financial & Accounting OfficerJames C. LandersVice President-Corporate ServicesKey CompetitorsOceaneering InternationalNYSE:OIIHelix Energy Solutions GroupNYSE:HLXNexTier Oilfield SolutionsNYSE:NEXProFracNASDAQ:ACDCProFracNASDAQ:PFHCView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Sold 313,898 shares on 3/10/2023Ownership: 0.714%Teachers Retirement System of The State of KentuckyBought 18,363 shares on 2/22/2023Ownership: 0.012%Truist Financial CorpBought 279,364 shares on 2/17/2023Ownership: 0.142%Coppell Advisory Solutions Corp.Bought 5,409 shares on 2/17/2023Ownership: 0.002%State of WyomingBought 6,279 shares on 2/16/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions RES Stock - Frequently Asked Questions Should I buy or sell RPC stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RPC in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RES, but not buy additional shares or sell existing shares. View RES analyst ratings or view top-rated stocks. What is RPC's stock price forecast for 2023? 3 Wall Street research analysts have issued 12 month price objectives for RPC's stock. Their RES share price forecasts range from $10.00 to $50.00. On average, they expect the company's share price to reach $24.33 in the next year. This suggests a possible upside of 207.2% from the stock's current price. View analysts price targets for RES or view top-rated stocks among Wall Street analysts. How have RES shares performed in 2023? RPC's stock was trading at $8.89 at the start of the year. Since then, RES shares have decreased by 10.9% and is now trading at $7.92. View the best growth stocks for 2023 here. When is RPC's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our RES earnings forecast. How were RPC's earnings last quarter? RPC, Inc. (NYSE:RES) posted its quarterly earnings data on Wednesday, January, 25th. The oil and gas company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.29 by $0.12. The oil and gas company had revenue of $482 million for the quarter, compared to the consensus estimate of $462.37 million. RPC had a trailing twelve-month return on equity of 29.45% and a net margin of 13.63%. The company's quarterly revenue was up 79.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.06 earnings per share. How often does RPC pay dividends? What is the dividend yield for RPC? RPC announced a quarterly dividend on Wednesday, January 25th. Stockholders of record on Friday, February 10th will be paid a dividend of $0.04 per share on Friday, March 10th. This represents a $0.16 annualized dividend and a yield of 2.02%. The ex-dividend date is Thursday, February 9th. This is a positive change from the stock's previous quarterly dividend of $0.02. Read our dividend analysis for RES. What ETFs hold RPC's stock? ETFs with the largest weight of RPC (NYSE:RES) stock in their portfolio include Invesco Dynamic Oil & Gas Services ETF (PXJ), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco S&P SmallCap Energy ETF (PSCE), VanEck Oil Services ETF (OIH), Direxion Daily Oil Services Bull 2X Shares (ONG), iShares U.S. Oil Equipment & Services ETF (IEZ), First Trust Small Cap Growth AlphaDEX Fund (FYC) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS). Is RPC a good dividend stock? RPC (NYSE:RES) pays an annual dividend of $0.16 per share and currently has a dividend yield of 2.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RES will have a dividend payout ratio of 8.70% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RES. What is Richard A. Hubbell's approval rating as RPC's CEO? 8 employees have rated RPC Chief Executive Officer Richard A. Hubbell on Glassdoor.com. Richard A. Hubbell has an approval rating of 52% among the company's employees. This puts Richard A. Hubbell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of RPC own? Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include Chesapeake Energy (CHKAQ), Energy Transfer (ET), Ford Motor (F), QEP Resources (QEP), Oasis Petroleum (OAS), General Electric (GE), Lumen Technologies (LUMN), Marathon Oil (MRO), Pfizer (PFE) and AT&T (T). What is RPC's stock symbol? RPC trades on the New York Stock Exchange (NYSE) under the ticker symbol "RES." Who are RPC's major shareholders? RPC's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.33%), Van ECK Associates Corp (2.15%), Millennium Management LLC (1.92%), Gamco Investors INC. ET AL (1.45%), Gamco Investors INC. ET AL (1.45%) and Gabelli Funds LLC (1.03%). Insiders that own company stock include Amy Rollins Kreisler, Ben M Palmer, Gary W Rollins, Harry J Cynkus, Lor Inc, Manish Potti, Pam R Rollins and Rollins Holding Company, Inc. View institutional ownership trends. How do I buy shares of RPC? Shares of RES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is RPC's stock price today? One share of RES stock can currently be purchased for approximately $7.92. How much money does RPC make? RPC (NYSE:RES) has a market capitalization of $1.72 billion and generates $1.60 billion in revenue each year. The oil and gas company earns $218.36 million in net income (profit) each year or $1.01 on an earnings per share basis. How many employees does RPC have? The company employs 2,732 workers across the globe. Does RPC have any subsidiaries? The following companies are subsidiares of RPC: Bronco Oilfield Services, Bronco Oilfield Services Inc., Chippewa Sand Company LLC, Cudd Energy Services Australia Pty Ltd, Cudd Energy Services Gabon SARL, Cudd Pressure Control Inc., Cudd Pumping Services Inc., International Training Services Inc., Patterson Services Inc., Patterson Truck Line Inc., RPC Beijing, RPC Energy International Inc., RPC Energy Services of Canada Ltd, RPC Energy de Mexico, RPC Investment Company, RPC Waste Management Services Inc., SITECH North and Central Florida, Sand Investment Company, Thru Tubing Solutions, Thru Tubing Solutions Australia Pty Ltd, and Well Control School Australia Pty Ltd.Read More How can I contact RPC? RPC's mailing address is 2801 BUFORD HIGHWAY SUITE 300, ATLANTA GA, 30329. The official website for the company is www.rpc.net. The oil and gas company can be reached via phone at (404) 321-2140, via email at jlanders@rpc.net, or via fax at 404-321-5483. This page (NYSE:RES) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.