Erste Group Bank Reduces Earnings Estimates for Iberdrola

Iberdrola S.A. (OTCMKTS:IBDRY) – Equities research analysts at Erste Group Bank dropped their FY2026 earnings estimates for Iberdrola in a report issued on Monday, July 27th. Erste Group Bank analyst S. Lingnau now anticipates that the utilities provider will post earnings of $4.60 per share for the year, down from their previous estimate of $4.62. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Iberdrola’s current full-year earnings is $4.60 per share. Erste Group Bank also issued estimates for Iberdrola’s FY2027 earnings at $4.87 EPS.

Other research analysts have also recently issued research reports about the company. Barclays raised Iberdrola from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 26th. Oddo Bhf lowered shares of Iberdrola from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 23rd. Finally, Citigroup upgraded Iberdrola to a “hold” rating in a research note on Friday, June 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 company. According to data from MarketBeat.com, Iberdrola currently has a consensus rating of “Hold”.

Iberdrola Stock Up 0.6%

Shares of OTCMKTS IBDRY opened at $94.95 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.82 and a quick ratio of 0.72. The company has a 50-day moving average price of $95.04 and a 200-day moving average price of $92.77. The stock has a market capitalization of $160.41 billion, a P/E ratio of 20.12, a P/E/G ratio of 2.39 and a beta of 0.64. Iberdrola has a 1 year low of $69.66 and a 1 year high of $100.64.

Iberdrola (OTCMKTS:IBDRY) last announced 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 company had revenue of $11.93 billion for the quarter, compared to analyst estimates of $12.08 billion. Iberdrola had a net margin of 15.59% and a return on equity of 9.88%.

Iberdrola Company Profile

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.