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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
OTCMKTS:RDEIY

Red Eléctrica Corporación (RDEIY) Stock Forecast, Price & News

$8.46
-0.06 (-0.70%)
(As of 05/31/2023 ET)
Compare
Today's Range
$8.38
▼
$8.46
50-Day Range
$8.39
▼
$9.17
52-Week Range
$7.03
▼
$10.33
Volume
191,376 shs
Average Volume
27,055 shs
Market Capitalization
$9.16 billion
P/E Ratio
N/A
Dividend Yield
2.48%
Price Target
$19.13
ProfileAnalyst RatingsChartCompetitorsDividendFinancialsHeadlinesSEC FilingsShort Interest

Red Eléctrica Corporación MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
126.1% Upside
$19.13 Price Target
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

See Top Rated MarketRank™ Stocks Here

RDEIY stock logo

About Red Eléctrica Corporación (OTCMKTS:RDEIY) Stock

Red Eléctrica Corp. SA engages in the power transmission and operation of electrical systems. It also offers telecommunication services and other related activities. The company was founded on January 29, 1985 and is headquartered in Alcobendas, Spain.

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RDEIY Stock News Headlines

April 21, 2023 | americanbankingnews.com
Financial Comparison: Red Eléctrica Corporación (OTCMKTS:RDEIY) vs. Orkla ASA (OTCMKTS:ORKLY)
March 18, 2023 | nypost.com
st. john’s red storm
June 1, 2023 | Legacy Research (Affiliate) (Ad)
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
September 27, 2022 | es.investing.com
Red Eléctrica de España S.A.U (REDE)
September 16, 2022 | finance.yahoo.com
Red Eléctrica Corporación, S.A. (RDEIY)
July 27, 2022 | seekingalpha.com
Red Eléctrica Corporación, S.A. reports 1H results
January 6, 2022 | nasdaq.com
Red Electrica Corporacion S.A. ADR (RDEIY)
July 15, 2021 | finance.yahoo.com
Nokia (NOK) to Upgrade Red Electrica's Communications Network
June 1, 2023 | Legacy Research (Affiliate) (Ad)
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
March 31, 2021 | seekingalpha.com
Red Electrica Remuneration Outlook Improved, But Enagas Provides Better Risk-Reward
December 26, 2020 | seekingalpha.com
The Nest Egg Portfolio: 6%+ Yielding Red Electrica De Espana Stays In The Portfolio
December 24, 2020 | markets.businessinsider.com
Red Electrica SA Stock
October 23, 2020 | reuters.com
Red Electrica Corporacion SA
May 14, 2020 | finance.yahoo.com
Red Eléctrica Corporación, S.A. (BME:REE) Delivered A Better ROE Than Its Industry
March 27, 2020 | seekingalpha.com
Red Electrica: A Dominant Telecom Firm And Electrical Utility
March 6, 2020 | finance.yahoo.com
Red Electrica de Espana Finance B.V. -- Moody's announces completion of a periodic review of ratings of Red Electrica de Espana, S.A.U.
February 28, 2020 | seekingalpha.com
Red Eléctrica Corporación, S.A. 2019 Q4 - Results - Earnings Call Presentation
February 25, 2020 | www.barrons.com
Red Electrica Corp. S.A. ADR
January 29, 2020 | finance.yahoo.com
Did Red Eléctrica Corporación's (BME:REE) Share Price Deserve to Gain 10%?
January 22, 2020 | finance.yahoo.com
Red Electrica Financiaciones, S.A.U. -- Moody's affirms REE's Baa1 ratings, stable outlook
December 30, 2019 | finance.yahoo.com
Is It Worth Considering Red Eléctrica Corporación, S.A. (BME:REE) For Its Upcoming Dividend?
November 24, 2019 | finance.yahoo.com
Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)
November 1, 2019 | www.nasdaq.com
Red Electrica Corporacion SA ADR (RDEIY) SEC Filings
May 31, 2019 | finance.yahoo.com
Is Red Eléctrica Corporación, S.A. (BME:REE) A Great Dividend Stock?
April 17, 2019 | finance.yahoo.com
Do Directors Own Red Eléctrica Corporación, S.A. (BME:REE) Shares?
April 2, 2019 | finance.yahoo.com
Red Electrica Financiaciones, S.A.U. -- Moody's announces completion of a periodic review of ratings of Red Electrica de Espana, S.A.U.
April 2, 2019 | finance.yahoo.com
Did Red Eléctrica Corporación's (BME:REE) Share Price Deserve to Gain 25%?
See More Headlines
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RDEIY Company Calendar

Today
5/31/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Industry
Private households
Sub-Industry
N/A
Sector
Utilities
Current Symbol
OTCMKTS:RDEIY
CUSIP
N/A
CIK
1438654
Web
www.ree.es
Phone
(491) 650-8500
Fax
N/A
Employees
2,117
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.13
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$18.64
Forecasted Upside/Downside
+126.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$2.31 billion
Price / Sales
3.96
Cash Flow
$1.32 per share
Price / Cash Flow
6.42
Book Value
$4.03 per share
Price / Book
2.10

Miscellaneous

Outstanding Shares
1,082,160,000
Free Float
N/A
Market Cap
$9.16 billion
Optionable
Not Optionable
Beta
0.50

Key Executives

  • Roberto Garcia Merino
    Chief Executive Officer & Executive Director
  • Emilio Cerezo Díez
    Chief Financial Officer
  • Maria Soler Soneira
    Director-Engineering & Construction
  • Silvia Bruno de la Cruz
    Chief Innovation & Technology Officer
  • Eva Pagán
    Director-Sustainability & Research

Key Competitors

View All Competitors













RDEIY Stock - Frequently Asked Questions

Should I buy or sell Red Eléctrica Corporación stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Red Eléctrica Corporación in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RDEIY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RDEIY, but not buy additional shares or sell existing shares.
View RDEIY analyst ratings or view top-rated stocks.

What is Red Eléctrica Corporación's stock price forecast for 2023?

4 brokers have issued twelve-month price objectives for Red Eléctrica Corporación's stock. Their RDEIY share price forecasts range from $18.64 to $20.00. On average, they anticipate the company's share price to reach $19.13 in the next twelve months. This suggests a possible upside of 126.1% from the stock's current price.
View analysts price targets for RDEIY or view top-rated stocks among Wall Street analysts.

How have RDEIY shares performed in 2023?

Red Eléctrica Corporación's stock was trading at $8.64 at the beginning of 2023. Since then, RDEIY shares have decreased by 2.1% and is now trading at $8.46.
View the best growth stocks for 2023 here.

Are investors shorting Red Eléctrica Corporación?

Red Eléctrica Corporación saw a decline in short interest in May. As of May 15th, there was short interest totaling 4,900 shares, a decline of 66.7% from the April 30th total of 14,700 shares. Based on an average daily trading volume, of 31,000 shares, the days-to-cover ratio is presently 0.2 days.
View Red Eléctrica Corporación's Short Interest.

How often does Red Eléctrica Corporación pay dividends? What is the dividend yield for Red Eléctrica Corporación?

Red Eléctrica Corporación declared a dividend on Friday, December 30th. Investors of record on Friday, January 6th will be given a dividend of $0.1035 per share on Tuesday, January 24th. This represents a yield of 4.19%. The ex-dividend date is Thursday, January 5th.
Read our dividend analysis for RDEIY.

Is Red Eléctrica Corporación a good dividend stock?

Red Eléctrica Corporación (OTCMKTS:RDEIY) pays an annual dividend of $0.21 per share and currently has a dividend yield of 2.46%.
Read our dividend analysis for RDEIY.

What is Red Eléctrica Corporación's stock symbol?

Red Eléctrica Corporación trades on the OTCMKTS under the ticker symbol "RDEIY."

How do I buy shares of Red Eléctrica Corporación?

Shares of RDEIY 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 Red Eléctrica Corporación's stock price today?

One share of RDEIY stock can currently be purchased for approximately $8.46.

How much money does Red Eléctrica Corporación make?

Red Eléctrica Corporación (OTCMKTS:RDEIY) has a market capitalization of $9.16 billion and generates $2.31 billion in revenue each year.

How many employees does Red Eléctrica Corporación have?

The company employs 2,117 workers across the globe.

How can I contact Red Eléctrica Corporación?

The official website for the company is www.ree.es. The utilities provider can be reached via phone at (491) 650-8500 or via email at relacioninversores@ree.es.

This page (OTCMKTS:RDEIY) was last updated on 6/1/2023 by MarketBeat.com Staff

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