IBE.MC - Iberdrola, S.A.

MCE - MCE Delayed Price. Currency in EUR
5.898
-0.252 (-4.098%)
At close: 5:35PM CET
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Previous Close6.150
Open6.122
Bid0.000 x 863400
Ask0.000 x 9000
Day's Range5.872 - 6.144
52 Week Range5.872 - 7.298
Volume40,861,598
Avg. Volume18,861,616
Market Cap37.244B
BetaN/A
PE Ratio (TTM)12.24
EPS (TTM)0.482
Earnings DateApr 24, 2018
Forward Dividend & Yield0.28 (4.22%)
Ex-Dividend Date2018-01-11
1y Target Est7.11
  • Iberdrola to invest $39.4 billion by 2022, focuses on networks and renewables
    CNBC16 hours ago

    Iberdrola to invest $39.4 billion by 2022, focuses on networks and renewables

    11.5 billion euros will be invested in renewables, the business said Wednesday.

  • Financial Times19 hours ago

    [$$] Iberdrola chief warns of Enron-style collapses

    The end of the era of cheap money is set to lead to Enron-style collapses of companies in the much-hyped global renewable energy sector, according to the chief executive of one of the world’s largest wind ...

  • CNBC21 hours ago

    European stocks trade lower; AA down 18%

    European equities were lower on Wednesday morning as investors focus on further earnings reports and data releases.

  • Reuters7 days ago

    Chasing Vestas, Siemens Gamesa targets $2.5 billion in cost cuts

    MADRID/FRANKFURT (Reuters) - The world's No. 2 maker of wind turbines, Siemens Gamesa (SGREN.MC), flagged 2 billion euros (1.78 billion pounds) in cost cuts by 2020, hoping to close a margin gap with bigger rival Vestas (VWS.CO). Wind turbine manufacturers are facing relentless pricing pressure globally, as governments slash subsidies for renewables to force them into competition with conventional energy sources, including coal and gas. Siemens Gamesa, the result of a merger between Siemens' (SIEGn.DE) wind power business and Spain's Gamesa completed last year, is betting on size and a more focused product portfolio to weather the crisis.

  • UK government must act urgently to put energy price cap in place by next winter - MPs
    Reuters9 days ago

    UK government must act urgently to put energy price cap in place by next winter - MPs

    Britain's government must act urgently to ensure a price cap on domestic energy prices is in place by next winter to help fix the country's broken energy market, a parliamentary committee said on Tuesday. Prime Minister Theresa May said in October she would impose controls to tackle what she called "rip-off energy prices" - home power bills have doubled in Britain over the past decade to an average of about 1,150 pounds a year. The government must pass a law before Britain's energy regulator Ofgem can set a cap, and Ofgem said last month this must be passed by the summer if the cap is to be in place to keep bills lower next winter.

  • Moody's15 days ago

    Administrador de Infraestruct. Ferroviarias -- Moody's: Stable credit quality for Spanish corporates in 2018 amid economic growth and good funding conditions

    The credit quality of Spanish non-financial companies will remain stable in 2018, against a backdrop of steady domestic economic growth, broad-based global recovery and accommodative financial markets, ...

  • Reuterslast month

    UK energy price cap laws should be passed by summer - minister

    Britain hopes to pass laws to allow the capping of the most common form of gas and electricity tariffs for millions of households by the summer, a junior minister in the business department told a parliamentary committee on Wednesday. Prime Minister Theresa May said in October she would impose controls to tackle what she called "rip-off energy prices", sending shares in the leading providers tumbling. Ofgem said last week that the cap could be in place by Christmas 2018, provided parliament passed the necessary laws by the summer.

  • Reuterslast month

    UK energy price cap could be in place by Christmas 2018

    A government plan to cap the most common form of gas and electricity tariffs for millions of British households could come into effect in time for Christmas 2018, regulator Ofgem said on Wednesday. Prime Minister Theresa May said in October she would impose controls to tackle what she called "rip-off energy prices" - home power bills have doubled in Britain over the past decade to an average of about 1,150 pounds a year. Dermot Nolan, Ofgem chief executive, said for the measure to take effect by Christmas it would have to receive royal assent - meaning it officially becomes law - before Britain's lawmakers break for summer recess on July 20.

  • Reuters2 months ago

    European winners and losers after U.S. tax overhaul

    (Reuters) - U.S. President Donald Trump signed a $1.5 trillion (£1.1 trillion) tax overhaul into law on Dec 22, cementing the biggest legislative victory of his first year in office. The largest tax overhaul ...

  • Reuters2 months ago

    Shell to buy British retail energy supplier First Utility

    Royal Dutch Shell (RDSa.L) has agreed to buy British household energy and broadband provider First Utility, stepping up competition to the "Big Six" suppliers whose dominance of the market is already under pressure. Shell did not disclose any financial details of a deal which takes it into a new sector of the retail market. First Utility and Shell's joint German subsidiary is also included in the agreement.

  • Reuters2 months ago

    Big firms call on EU to set 35 percent renewable power supplies target

    A group of big technology, industry and power companies have called on the European Union to set a target for renewables of at least 35 percent when EU energy ministers meet next week. , IKEA, Microsoft, Philips and Unilever, say an ambitious target would encourage their investment in multi-year wind and solar power supply contracts, known as Power Purchase Agreements (PPAs). In a letter, the 50 big firms called on EU energy ministers to lift all regulatory barriers to PPAs, to which firms are increasingly turning to source electricity needed for energy-intensive data centres or to run heavy machinery.

  • Twenty companies join nations planning coal phase out
    Reuters2 months ago

    Twenty companies join nations planning coal phase out

    About 20 companies including Unilever, EDF and Iberdrola joined an international alliance of 26 nations on Tuesday pledging to phase out coal to combat global warming. At a climate summit hosted by French President Emmanuel Macron in Paris, new members of the "Powering Past Coal Alliance" agreed that traditional coal power should be phased out by 2030 in rich nations and by 2050 in other parts of the world. The coal phase-out plan, launched last month by about 20 governments, widened on Tuesday to companies also including BT , Engie , Kering, Diageo, Marks & Spencer, Orsted , Storebrand and Virgin Group.

  • Reuters3 months ago

    Lawmakers call for competition inquiry into SSE/Innogy UK merger

    The cross-party committee of members of Britain's parliament said the deal could reduce competition and affect consumers as together with Centrica's British Gas, the combined company would control more than half of the UK market. SSE and Innogy said last month they would merge and list their British retail units to better compete with smaller rivals and reap badly-need synergies in a market with thin margins.

  • Moody's3 months ago

    EDP - Energias de Portugal, S.A. -- Moody's: Reinvigorated Iberian renewables market to offset shrinking coal capacity, stabilize prices

    Announcement: Moody's: Reinvigorated Iberian renewables market to offset shrinking coal capacity, stabilize prices. Global Credit Research- 22 Nov 2017. London, 22 November 2017-- Wind and solar capacity ...

  • RWE rallies on hopes for Innogy deal, less stringent German climate policy
    Reuters3 months ago

    RWE rallies on hopes for Innogy deal, less stringent German climate policy

    RWE is looking at ways to cut its 16.8-billion euro (£14.9 billion) stake in retail business Innogy (IGY.DE) and one option involves a deal with Italy's Enel (ENEI.MI), Reuters reported at the weekend. Despite having no immediate need for cash, RWE has recently held talks with Enel, Europe's largest utility by market value, according to a person familiar with the matter. RWE shares were up 3.1 percent on Germany's DAX market (.GDAXI) , which was off 0.34 percent at 0945 GMT.

  • Reuters3 months ago

    RWE's options to exit Innogy include deal with Enel - sources

    MADRID/FRANKFURT/MILAN (Reuters) - German utility RWE (RWEG.DE) is looking at ways to cut its 16.8-billion euro (15.00 billion pounds) stake in retail business Innogy (IGY.DE), several banking sources told Reuters, adding this could involve a deal with Italy's Enel (ENEI.MI). RWE said last week there was no need to sell the 76.8 percent stake, given the steady dividend it gets from Innogy's networks, renewables and retail businesses that were carved out last year. RWE is being advised by Bank of America Merrill Lynch (BAC.N) on its strategic options, while Enel's advisers include JP Morgan (JPM.N), the people said.

  • Moody's3 months ago

    Iberdrola International B.V. -- Moody's assigns Baa3 rating to hybrid notes to be issued by Iberdrola International B.V.; positive outlook

    Rating Action: Moody's assigns Baa3 rating to hybrid notes to be issued by Iberdrola International B.V.; positive outlook. Global Credit Research- 15 Nov 2017. London, 15 November 2017-- Moody's Investors ...

  • Reuters3 months ago

    Innogy to exit British retail JV with SSE in long term - CEO

    German energy group Innogy (IGY.DE) will at some point pull out of the planned British retail supply joint venture with peer SSE (SSE.L), its chief executive said. Last week, the two groups announced plans to merge and list their British retail units to better compete with smaller rivals and reap badly-need synergies in a market with razor-thin margins. Innogy will hold a 34.4 percent stake in the combined entity, with SSE to own the rest, but Innogy Chief Executive Peter Terium said this structure would not last forever.

  • Reuters3 months ago

    UK power market ripe for more mergers after SSE deal

    LONDON/FRANKFURT (Reuters) - A deal to merge the British retail power businesses owned by SSE (SSE.L) and Germany's Innogy (IGY.DE) could pave the way for more industry consolidation as pressures mount on the big suppliers in an increasingly crowded market. SSE and Innogy said on Wednesday they planned to join forces in Britain to create a company with $14 billion (£10.7 billion) in sales, which would reduce the country's "Big Six" energy providers to five if the deal is approved by competition authorities. The new company would be the second largest player in Britain's retail power market with a 23 percent market share, behind Centrica's (CNA.L) British Gas which has 27 percent.

  • Reuters4 months ago

    UK big six energy firms lost record number of customers in Sept – data

    Britain's big six energy firms lost a record number of customers in September to smaller challengers, data from industry group Energy UK showed. A total of 163,274 customers switched from the Big Six, the data published this week showed, ramping up pressure on energy companies already facing the introduction of a price cap on their most common tariffs. Britain's energy market is dominated by the so-called big six including Centrica's ,(CNA.L) British Gas, SSE (SSE), Iberdrola's (IBE.MC) Scottish Power, Innogy's npower (IGY.DE), E.ON (EONGn.DE) and EDF Energy (EDF.PA), which account for about 85 percent of the retail electricity market.

  • Reuters4 months ago

    UK ask regulator to set price cap to mend "broken energy market"

    Prime Minister Theresa May first proposed a price cap on the energy sector earlier this year, the biggest market intervention since its privatisation almost 30 years ago. "I have been clear that our broken energy market has to change – it has to offer fairer prices for millions of loyal customers who have been paying hundreds of pounds too much," May said on Thursday. The draft bill published on Thursday said the price cap would initially last until 2020, with the potential to be extended by up to three years if needed.

  • Reuters4 months ago

    UK energy price cap should allow 'headroom' to protect competition - minister

    LONDON (Reuters) - Britain's newly-announced retail energy price cap should allow providers enough 'headroom' to compete within the market, business minister Greg Clark said on Thursday following the publication ...

  • Reuters4 months ago

    Britain asks Ofgem to devise consumer energy price cap plan

    Britain said on Thursday it would ask the regulator Ofgem to devise a price cap for consumer energy tariffs, but did not provide any specific details on how the cap would work for suppliers trying to gauge the impact on their business. The business department set out its draft legislation, saying the price cap would initially last until 2020, with the potential to be extended by up to three years if needed.

  • Reuters4 months ago

    UK's Ofgem says will work with government to lower energy prices

    Britain's energy regulator Ofgem said on Wednesday it would work with the government on Prime Minister Theresa May's plan to cap the most common form of gas and electricity tariffs, after it moved to protect the most vulnerable households. May stunned the industry last week when she announced a plan to impose price caps on standard variable tariffs (SVT), the basic rate that energy suppliers charge if a customer does not opt for a specific fixed-term deal. Around 70 percent of households are on SVTs.

  • Iberdrola CEO Says 'Concerned' by Siemens' Gamesa Unit
    Bloomberg Videolast month

    Iberdrola CEO Says 'Concerned' by Siemens' Gamesa Unit

    Jan.09 -- Ignacio Galan, chief executive officer at Iberdrola, discusses renewable energy, the performance of Siemens Gamesa, the state of the Spanish economy, and watching for M&A opportunities. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance."