Erste Group Bank Expects Increased Earnings for Iberdrola

Iberdrola S.A. (OTCMKTS:IBDRY) – Equities research analysts at Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for shares of Iberdrola in a report released on Friday, September 18th. Erste Group Bank analyst S. Lingnau now expects that the utilities provider will post earnings of $4.70 per share for the year, up from their previous forecast of $4.70. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Iberdrola’s current full-year earnings is $4.71 per share.

Other analysts have also recently issued research reports about the company. Citigroup upgraded Iberdrola to a “hold” rating in a research report on Friday, June 26th. Oddo Bhf cut Iberdrola from an “outperform” rating to a “neutral” rating in a report on Thursday, July 23rd. Finally, Barclays upgraded shares of Iberdrola from an “equal weight” rating to an “overweight” rating in a report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Iberdrola Stock Up 0.2%

Shares of OTCMKTS IBDRY opened at $93.48 on Wednesday. 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’s 50-day moving average is $94.22 and its two-hundred day moving average is $93.50. Iberdrola has a 12-month low of $72.92 and a 12-month high of $100.64. The company has a market capitalization of $155.95 billion, a PE ratio of 19.81, a price-to-earnings-growth ratio of 1.67 and a beta of 0.63.

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

About Iberdrola

Iberdrola, SA is a Spanish multinational energy company headquartered in Bilbao. Its principal activities include electricity generation, transmission and distribution, renewable energy development, and the sale of electricity and related energy services to residential, commercial and industrial customers.

The company operates a diversified generation portfolio that includes onshore and offshore wind, solar power, hydroelectric facilities and nuclear energy. Iberdrola also develops and manages electricity networks and invests in grid modernization, digital infrastructure and other technologies that support the transition to lower-carbon energy systems.

Iberdrola serves customers and operates energy infrastructure across several markets, including Spain, the United Kingdom, the United States, Brazil, Mexico and Australia, as well as other European countries.