Iberdrola, S.A. (OTCMKTS:IBDRY – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 72,200 shares, an increase of 144.7% from the August 31st total of 29,500 shares. Based on an average daily volume of 123,500 shares, the short-interest ratio is presently 0.6 days.
Analysts Set New Price Targets
Separately, Barclays raised Iberdrola to a “hold” rating in a research note on Tuesday, September 17th.
Check Out Our Latest Analysis on IBDRY
Iberdrola Price Performance
Iberdrola (OTCMKTS:IBDRY – Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter. Iberdrola had a net margin of 14.05% and a return on equity of 10.50%. The firm had revenue of $10.72 billion for the quarter. As a group, equities analysts anticipate that Iberdrola will post 3.51 EPS for the current fiscal year.
About Iberdrola
Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.
Featured Stories
- Five stocks we like better than Iberdrola
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Rocket Lab Stock Soars: Should Investors Chase the Rally?
- Dividend Payout Ratio Calculator
- KB Home Slips After Earnings: What’s Next for Homebuilders?
- Golden Cross Stocks: Pattern, Examples and Charts
- Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat
Receive News & Ratings for Iberdrola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iberdrola and related companies with MarketBeat.com's FREE daily email newsletter.