Iberdrola Stock Earnings Estimates Cut by Erste Group Bank

Iberdrola S.A. (OTCMKTS:IBDRY) – Erste Group Bank decreased their FY2026 earnings estimates for shares of Iberdrola in a report issued on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now expects that the utilities provider will post earnings per share of $4.61 for the year, down from their previous estimate of $4.70. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Iberdrola’s current full-year earnings is $4.68 per share.

Iberdrola (OTCMKTS:IBDRY) last issued its quarterly earnings results on Wednesday, July 22nd. The utilities provider reported $1.14 earnings per share for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.02). The company had revenue of $11.93 billion during the quarter, compared to analyst estimates of $12.08 billion. Iberdrola had a return on equity of 9.88% and a net margin of 15.59%.

Other equities research analysts have also recently issued research reports about the company. Citigroup raised Iberdrola to a “hold” rating in a report on Friday, June 26th. Kepler Capital Markets lowered Iberdrola from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 1st. Deutsche Bank Aktiengesellschaft upgraded Iberdrola to a “buy” rating in a research report on Tuesday, September 29th. Oddo Bhf cut Iberdrola from an “outperform” rating to a “neutral” rating in a research report on Thursday, July 23rd. Finally, The Goldman Sachs Group raised Iberdrola from a “hold” rating to a “buy” rating in a research note on Thursday, October 1st. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Iberdrola Price Performance

OTCMKTS IBDRY opened at $96.64 on Wednesday. Iberdrola has a 12 month low of $77.05 and a 12 month high of $100.64. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.75 and a quick ratio of 0.63. The firm has a market capitalization of $161.22 billion, a PE ratio of 20.47, a P/E/G ratio of 1.68 and a beta of 0.55. The company’s 50 day simple moving average is $93.61 and its 200 day simple moving average is $93.93.

About Iberdrola

Iberdrola, SA is a Spanish energy company engaged in the generation, transmission, distribution and sale of electricity. Its activities include renewable power generation, particularly wind, solar and hydropower, as well as electricity networks and customer energy services. The company also develops and operates energy storage and other infrastructure supporting the transition to lower-carbon energy systems.

Headquartered in Bilbao, Spain, Iberdrola serves residential, commercial and industrial customers through operations in Spain, the United Kingdom, the United States, Brazil and other international markets.