OTCMKTS:RDEIY

Red Eléctrica Corporación Stock Forecast, Price & News

$8.37

+0.06 (+0.72 %)

(As of 03/1/2021 12:00 AM ET)

Add

Compare

Today's Range

$8.32

Now: $8.37▼

$8.40

50-Day Range

$8.31

MA: $9.26▼

$9.90

52-Week Range

$7.18

Now: $8.37▼

$10.50

Volume143,755 shs

Average Volume41,081 shs

Market Capitalization$9.05 billion

P/E RatioN/A

Dividend Yield2.89%

Beta0.29

Red ElÃ©ctrica CorporaciÃ³n, S.A. transmits electricity and operates and manages transmission network for the electricity system in Spain and internationally. Its transmission network comprises approximately 44,372 kilometers; and has 93,735 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; telecommunications infrastructure services to telecommunications operators comprising leasing of dark fiber; and line and sub-station maintenance services. In addition, it constructs energy storage facilities in non-mainland and isolated systems; operates satellite communications system and offers space segment services for the geostationary orbital slots; sells and leases satellites and spatial capacity; and offers technical consultancy and satellite telecommunications services. The company was founded in 1985 and is headquartered in Alcobendas, Spain.

Headlines

The Nest Egg Portfolio: 6%+ Yielding Red Electrica De Espana Stays In The Portfolio
December 26, 2020 | seekingalpha.com

Red Electrica Corporacion SA
October 23, 2020 | reuters.com

Red Eléctrica Corporación, S.A. (BME:REE) Delivered A Better ROE Than Its Industry
May 14, 2020 | finance.yahoo.com

Red Electrica: A Dominant Telecom Firm And Electrical Utility
March 27, 2020 | seekingalpha.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.
March 6, 2020 | finance.yahoo.com

Red Eléctrica Corporación, S.A. 2019 Q4 - Results - Earnings Call Presentation
February 28, 2020 | seekingalpha.com

Red Electrica Corp. S.A. ADR
February 25, 2020 | www.barrons.com

Did Red Eléctrica Corporación's (BME:REE) Share Price Deserve to Gain 10%?
January 29, 2020 | finance.yahoo.com

Red Electrica Financiaciones, S.A.U. -- Moody's affirms REE's Baa1 ratings, stable outlook
January 22, 2020 | finance.yahoo.com

Is It Worth Considering Red Eléctrica Corporación, S.A. (BME:REE) For Its Upcoming Dividend?
December 30, 2019 | finance.yahoo.com

Estimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)
November 24, 2019 | finance.yahoo.com

Red Electrica Corporacion SA ADR (RDEIY) SEC Filings
November 1, 2019 | www.nasdaq.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Electric services

Sub-IndustryN/A

SectorUtilities

Current SymbolOTCMKTS:RDEIY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.ree.es

Phone34 91 650 85 00

Employees2,029

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares1,082,160,000

Market Cap$9.05 billion

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

0.59 out of 5 stars

Utilities Sector

189th out of 275 stocks

Electric Services Industry

62nd out of 78 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Red Eléctrica Corporación.

2.1 Community Rank

Outperform Votes
Red Eléctrica Corporación has received 146 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Red Eléctrica Corporación has received 199 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Red Eléctrica Corporación has received 57.68% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Red Eléctrica Corporación and other stocks. Vote “Outperform” if you believe RDEIY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RDEIY will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Red Eléctrica Corporación pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Red Eléctrica Corporación does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Red Eléctrica Corporación insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.17% of the stock of Red Eléctrica Corporación is held by institutions.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

$8.37

+0.06 (+0.72 %)

(As of 03/1/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive RDEIY News and Ratings via Email

Sign-up to receive the latest news and ratings for RDEIY and its competitors with MarketBeat's FREE daily newsletter.

Red Eléctrica Corporación (OTCMKTS:RDEIY) Frequently Asked Questions

Is Red Eléctrica Corporación a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Red Eléctrica Corporación in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Red Eléctrica Corporación stock. 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 analyst ratings for Red Eléctrica Corporación or view top-rated stocks.

What stocks does MarketBeat like better than Red Eléctrica Corporación?

Wall Street analysts have given Red Eléctrica Corporación a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Red Eléctrica Corporación wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Red Eléctrica Corporación?

Red Eléctrica Corporación saw a increase in short interest during the month of February. As of February 12th, there was short interest totaling 6,900 shares, an increase of 392.9% from the January 28th total of 1,400 shares. Based on an average trading volume of 40,400 shares, the days-to-cover ratio is currently 0.2 days.
View Red Eléctrica Corporación's Short Interest.

How has Red Eléctrica Corporación's stock price been impacted by COVID-19?

Red Eléctrica Corporación's stock was trading at $9.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RDEIY shares have decreased by 7.0% and is now trading at $8.3675.
View which stocks have been most impacted by COVID-19.

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

Red Eléctrica Corporación declared a Semi-Annual dividend on Monday, November 23rd. Stockholders of record on Wednesday, January 6th will be given a dividend of $0.115 per share on Friday, January 22nd. The ex-dividend date is Tuesday, January 5th.
View Red Eléctrica Corporación's dividend history.

Is Red Eléctrica Corporación a good dividend stock?

Red Eléctrica Corporación pays an annual dividend of $0.24 per share and currently has a dividend yield of 2.89%.
View Red Eléctrica Corporación's dividend history.

Who are Red Eléctrica Corporación's key executives?

Red Eléctrica Corporación's management team includes the following people:

Mr. Roberto GarcÃa Merino, CEO & Director
MarÃa Teresa QuirÃ³s Ãlvarez, Chief Financial Officer
Silvia Bruno de la Cruz, Chief Innovation & Technology Officer
Irene GÃ³mez Barrio, Head of Investor Relations
MarÃa ResurrecciÃ³n Barrio MartÃn, Mang. of HR Area
Mr. Antonio Calvo Roy, Mang. of Institutional Relations & Sustainability Area
Mr. Fernando FrÃas Montejo, Deputy Sec. of the Board of Directors (Age 56)

Who are some of Red Eléctrica Corporación's key competitors?

Some companies that are related to Red Eléctrica Corporación include Eversource Energy (ES), CLP (CLPHY), EDP - Energias de Portugal (EDPFY), DTE Energy (DTE), Edison International (EIX), PPL (PPL), SSE (SSEZY), Fortis (FTS), FirstEnergy (FE), Entergy (ETR), Avangrid (AGR), Tenaga Nasional Berhad (TNABY), Korea Electric Power (KEP), Brookfield Renewable Partners (BEP) and CenterPoint Energy (CNP).
View all of RDEIY's competitors.

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 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 $8.37.

How much money does Red Eléctrica Corporación make?

Red Eléctrica Corporación has a market capitalization of $9.05 billion.

How many employees does Red Eléctrica Corporación have?

Red Eléctrica Corporación employs 2,029 workers across the globe.

What is Red Eléctrica Corporación's official website?

The official website for Red Eléctrica Corporación is www.ree.es.

How can I contact Red Eléctrica Corporación?

The utilities provider can be reached via phone at 34 91 650 85 00.

This page was last updated on 3/1/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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 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 Risk-Free Trial Subscription Here