Erste Group Bank Forecasts Increased Earnings for Iberdrola

Iberdrola S.A. (OTCMKTS:IBDRY) – Stock analysts at Erste Group Bank lifted their FY2026 earnings estimates for shares of Iberdrola in a research report issued to clients and investors on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now expects that the utilities provider will post earnings per share of $4.57 for the year, up from their prior estimate of $4.56. The consensus estimate for Iberdrola’s current full-year earnings is $3.57 per share.

Other research analysts have also issued reports about the stock. The Goldman Sachs Group reissued a “neutral” rating on shares of Iberdrola in a report on Friday, February 27th. Jefferies Financial Group lowered shares of Iberdrola from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Iberdrola has an average rating of “Hold”.

Iberdrola Price Performance

Shares of IBDRY stock opened at $96.05 on Thursday. The firm has a market cap of $162.27 billion, a P/E ratio of 22.92, a P/E/G ratio of 2.49 and a beta of 0.72. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.87 and a quick ratio of 0.78. Iberdrola has a 1-year low of $64.68 and a 1-year high of $96.50. The firm has a fifty day moving average of $92.04 and a two-hundred day moving average of $85.91.

Iberdrola (OTCMKTS:IBDRY) last announced its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.03). The company had revenue of $13.76 billion for the quarter, compared to analyst estimates of $13.76 billion. Iberdrola had a return on equity of 10.24% and a net margin of 13.74%.

About Iberdrola

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.