NYSE:RES - RPC Stock Price, News, & Analysis

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

RPC declared a quarterly dividend on Wednesday, October 24th. Stockholders of record on Friday, November 9th will be given a dividend of $0.10 per share on Monday, December 10th. This represents a $0.40 annualized dividend and a dividend yield of 3.43%. The ex-dividend date is Thursday, November 8th. View RPC's Dividend History.

RPC announced that its board has authorized a stock buyback program on Thursday, February 15th 2018, which authorizes the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

RPC, Inc. (NYSE:RES) released its quarterly earnings data on Wednesday, October, 24th. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.04. The oil and gas company had revenue of $439.99 million for the quarter, compared to analysts' expectations of $456.54 million. RPC had a net margin of 12.40% and a return on equity of 20.48%. The firm's quarterly revenue was down 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.26 EPS. View RPC's Earnings History.

RPC is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for RPC.

18 brokerages have issued 1 year price targets for RPC's shares. Their forecasts range from $12.00 to $28.00. On average, they expect RPC's share price to reach $16.6250 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price. View Analyst Price Targets for RPC.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 2 sell ratings and 16 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for RPC.

Media stories about RES stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RPC earned a news impact score of 1.2 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the stock's share price in the near term.

RPC saw a increase in short interest in November. As of November 15th, there was short interest totalling 20,692,998 shares, an increase of 19.3% from the October 31st total of 17,344,216 shares. Based on an average daily volume of 1,550,573 shares, the days-to-cover ratio is currently 13.3 days. Currently, 37.0% of the shares of the company are sold short. View RPC's Current Options Chain.

Some companies that are related to RPC include Subsea 7 (SUBCY), Core Laboratories (CLB), Liberty Oilfield Services (LBRT), Oceaneering International (OII), Franks International (FI), SemGroup (SEMG), Helix Energy Solutions Group (HLX), C&J Energy Services (CJ), Select Energy Services (WTTR), Mammoth Energy Services (TUSK), Keane Group (FRAC), FTS International (FTSI), National Energy Services (NESR), Superior Energy Services (SPN) and Hurricane Energy (HRCXF).

RPC's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (3.19%), Vanguard Group Inc. (2.28%), AQR Capital Management LLC (1.61%), BlackRock Inc. (1.28%), Gabelli Funds LLC (1.25%) and FMR LLC (1.18%). 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 Franklin Resources Inc., Alliancebernstein L.P., Vanguard Group Inc., BlackRock Inc., Teachers Advisors LLC, Deutsche Bank AG, JPMorgan Chase & Co. and JPMorgan Chase & Co.. View Insider Buying and Selling for RPC.

RES stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, BlueMountain Capital Management LLC, Royce & Associates LP, Deprince Race & Zollo Inc., AQR Capital Management LLC, Canada Pension Plan Investment Board and BTIM Corp.. 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 $11.67.

RPC has a market capitalization of $2.55 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.

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

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]