RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 24,600 shares, an increase of 151.0% from the March 31st total of 9,800 shares. Based on an average daily trading volume, of 224,500 shares, the days-to-cover ratio is currently 0.1 days.
Wall Street Analyst Weigh In
Separately, Stifel Nicolaus cut shares of RWE Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th.
Read Our Latest Stock Report on RWEOY
RWE Aktiengesellschaft Stock Up 0.8 %
RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Free Report) last announced its quarterly earnings data on Tuesday, March 5th. The utilities provider reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.11. RWE Aktiengesellschaft had a return on equity of 13.10% and a net margin of 5.12%. The business had revenue of $8.19 billion during the quarter. As a group, analysts forecast that RWE Aktiengesellschaft will post 3.12 EPS for the current fiscal year.
RWE Aktiengesellschaft Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, May 20th. Investors of record on Tuesday, May 7th will be given a dividend of $0.7577 per share. The ex-dividend date of this dividend is Monday, May 6th. This is a positive change from RWE Aktiengesellschaft’s previous dividend of $0.66. RWE Aktiengesellschaft’s dividend payout ratio (DPR) is presently 32.24%.
RWE Aktiengesellschaft Company Profile
RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.
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