OTCMKTS:RDEIY Red Eléctrica Corporación (RDEIY) Stock Forecast, Price & News $8.46 -0.06 (-0.70%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$8.38▼$8.4650-Day Range$8.39▼$9.1752-Week Range$7.03▼$10.33Volume191,376 shsAverage Volume27,055 shsMarket Capitalization$9.16 billionP/E RatioN/ADividend Yield2.48%Price Target$19.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsHeadlinesSEC FilingsShort InterestProfileAnalyst RatingsChartCompetitorsDividendFinancialsHeadlinesSEC FilingsShort Interest Red Eléctrica Corporación MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside126.1% Upside$19.13 Price TargetShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee 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.1.96 out of 5 stars 3.0 Analyst's Opinion Consensus RatingRed Eléctrica Corporación has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.13, Red Eléctrica Corporación has a forecasted upside of 126.1% from its current price of $8.46.Amount of Analyst CoverageRed Eléctrica Corporación has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of Red Eléctrica Corporación have been sold short.Short Interest Ratio / Days to CoverRed Eléctrica Corporación has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Red Eléctrica Corporación has recently decreased by 66.67%, indicating that investor sentiment is improving significantly. Previous Next 0.8 Dividend Strength Dividend YieldRed Eléctrica Corporación pays a meaningful dividend of 2.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRed Eléctrica Corporación does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RDEIY. Previous Next 2.8 News and Social Media Coverage News SentimentRed Eléctrica Corporación has a news sentiment score of 1.00. 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 higher news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Red Eléctrica Corporación this week, compared to 0 articles on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Red Eléctrica Corporación insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.01% of the stock of Red Eléctrica Corporación is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Book Value per Share RatioRed Eléctrica Corporación has a P/B Ratio of 2.10. 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 Red Eléctrica Corporación (OTCMKTS:RDEIY) StockRed 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.Read More Receive RDEIY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Red Eléctrica Corporación and its competitors with MarketBeat's FREE daily newsletter. Email Address RDEIY Stock News HeadlinesApril 21, 2023 | americanbankingnews.comFinancial Comparison: Red Eléctrica Corporación (OTCMKTS:RDEIY) vs. Orkla ASA (OTCMKTS:ORKLY)March 18, 2023 | nypost.comst. john’s red stormJune 1, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks 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.comRed Eléctrica de España S.A.U (REDE)September 16, 2022 | finance.yahoo.comRed Eléctrica Corporación, S.A. (RDEIY)July 27, 2022 | seekingalpha.comRed Eléctrica Corporación, S.A. reports 1H resultsJanuary 6, 2022 | nasdaq.comRed Electrica Corporacion S.A. ADR (RDEIY)July 15, 2021 | finance.yahoo.comNokia (NOK) to Upgrade Red Electrica's Communications NetworkJune 1, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks 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.comRed Electrica Remuneration Outlook Improved, But Enagas Provides Better Risk-RewardDecember 26, 2020 | seekingalpha.comThe Nest Egg Portfolio: 6%+ Yielding Red Electrica De Espana Stays In The PortfolioDecember 24, 2020 | markets.businessinsider.comRed Electrica SA StockOctober 23, 2020 | reuters.comRed Electrica Corporacion SAMay 14, 2020 | finance.yahoo.comRed Eléctrica Corporación, S.A. (BME:REE) Delivered A Better ROE Than Its IndustryMarch 27, 2020 | seekingalpha.comRed Electrica: A Dominant Telecom Firm And Electrical UtilityMarch 6, 2020 | finance.yahoo.comRed 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.comRed Eléctrica Corporación, S.A. 2019 Q4 - Results - Earnings Call PresentationFebruary 25, 2020 | www.barrons.comRed Electrica Corp. S.A. ADRJanuary 29, 2020 | finance.yahoo.comDid Red Eléctrica Corporación's (BME:REE) Share Price Deserve to Gain 10%?January 22, 2020 | finance.yahoo.comRed Electrica Financiaciones, S.A.U. -- Moody's affirms REE's Baa1 ratings, stable outlookDecember 30, 2019 | finance.yahoo.comIs It Worth Considering Red Eléctrica Corporación, S.A. (BME:REE) For Its Upcoming Dividend?November 24, 2019 | finance.yahoo.comEstimating The Intrinsic Value Of Red Eléctrica Corporación, S.A. (BME:REE)November 1, 2019 | www.nasdaq.comRed Electrica Corporacion SA ADR (RDEIY) SEC FilingsMay 31, 2019 | finance.yahoo.comIs Red Eléctrica Corporación, S.A. (BME:REE) A Great Dividend Stock?April 17, 2019 | finance.yahoo.comDo Directors Own Red Eléctrica Corporación, S.A. (BME:REE) Shares?April 2, 2019 | finance.yahoo.comRed 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.comDid Red Eléctrica Corporación's (BME:REE) Share Price Deserve to Gain 25%?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive RDEIY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Red Eléctrica Corporación and its competitors with MarketBeat's FREE daily newsletter. Email Address RDEIY Company Calendar Today5/31/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Private households Sub-IndustryN/A SectorUtilities Current SymbolOTCMKTS:RDEIY CUSIPN/A CIK1438654 Webwww.ree.es Phone(491) 650-8500FaxN/AEmployees2,117Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$2.31 billion Price / Sales3.96 Cash Flow$1.32 per share Price / Cash Flow6.42 Book Value$4.03 per share Price / Book2.10Miscellaneous Outstanding Shares1,082,160,000Free FloatN/AMarket Cap$9.16 billion OptionableNot Optionable Beta0.50 Key ExecutivesRoberto Garcia MerinoChief Executive Officer & Executive DirectorEmilio Cerezo DíezChief Financial OfficerMaria Soler SoneiraDirector-Engineering & ConstructionSilvia Bruno de la CruzChief Innovation & Technology OfficerEva PagánDirector-Sustainability & ResearchKey CompetitorsBEIJING ENTPS H/SOTCMKTS:BJINYEVNOTCMKTS:EVNVYKorea Electric PowerNYSE:KEPVistraNYSE:VSTPinnacle West CapitalNYSE:PNWView 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Red Eléctrica Corporación, S.A. Please log in to your account or sign up in order to add this asset to your watchlist. 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