Ridgepost Capital, Inc (RPC) To Go Ex-Dividend on May 29th

Ridgepost Capital, Inc (NYSE:RPC) declared a quarterly dividend on Tuesday, May 5th. Stockholders of record on Friday, May 29th will be given a dividend of 0.04 per share on Thursday, June 18th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, May 29th. This is a 6.7% increase from Ridgepost Capital’s previous quarterly dividend of $0.04.

Ridgepost Capital Stock Up 2.9%

RPC stock opened at $8.52 on Wednesday. Ridgepost Capital has a twelve month low of $6.79 and a twelve month high of $13.08. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.93. The stock has a market cap of $932.77 million, a PE ratio of 38.73 and a beta of 0.88. The company’s 50-day moving average is $7.74.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Zacks Research cut Ridgepost Capital from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Weiss Ratings assumed coverage on Ridgepost Capital in a research report on Thursday, February 12th. They set a “hold (c)” rating on the stock. Oppenheimer reaffirmed an “outperform” rating on shares of Ridgepost Capital in a research report on Friday, May 8th. Wall Street Zen raised Ridgepost Capital from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Barclays lifted their target price on Ridgepost Capital from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.00.

Ridgepost Capital Company Profile

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.