Erste Group Bank Increases Earnings Estimates for Iberdrola

Iberdrola S.A. (OTCMKTS:IBDRYFree Report) – Research analysts at Erste Group Bank boosted their FY2026 earnings per share (EPS) estimates for shares of Iberdrola in a report released on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now forecasts that the utilities provider will earn $4.71 per share for the year, up from their previous estimate of $4.67. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Iberdrola’s current full-year earnings is $4.63 per share. Erste Group Bank also issued estimates for Iberdrola’s FY2027 earnings at $5.03 EPS.

Iberdrola (OTCMKTS:IBDRYGet Free Report) last released its 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 firm had revenue of $11.93 billion during the quarter, compared to the consensus estimate 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 stock. Oddo Bhf cut shares of Iberdrola from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 23rd. Citigroup upgraded shares of Iberdrola to a “hold” rating in a research report on Friday, June 26th. Finally, Barclays raised shares of Iberdrola from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 26th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Read Our Latest Stock Report on IBDRY

Iberdrola Stock Down 1.2%

Shares of OTCMKTS IBDRY opened at $92.07 on Monday. The stock has a market capitalization of $153.60 billion, a P/E ratio of 19.51, a PEG ratio of 2.35 and a beta of 0.63. Iberdrola has a one year low of $72.48 and a one year high of $100.64. The firm’s 50 day simple moving average is $95.66 and its two-hundred day simple moving average is $93.62. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.75 and a quick ratio of 0.63.

About Iberdrola

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Iberdrola, SA is a Spanish multinational electric utility headquartered in Bilbao that develops, produces and supplies electricity and related energy services. The company’s core activities span electricity generation across a diverse mix of assets, transmission and distribution network ownership and operation, and retail supply to residential, commercial and industrial customers. Iberdrola also offers energy management and digital solutions aimed at improving efficiency and integrating distributed and renewable resources.

Renewable energy is a central focus of Iberdrola’s business strategy, with significant investments in wind (onshore and offshore), hydroelectric and solar power and in the modernization of grids to accommodate increasing shares of intermittent generation.

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Earnings History and Estimates for Iberdrola (OTCMKTS:IBDRY)

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