REDE Stock Overview
Redeia Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
Redeia Corporación, S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €15.79 |
| 52 Week High | €16.52 |
| 52 Week Low | €14.43 |
| Beta | 0.43 |
| 1 Month Change | -0.22% |
| 3 Month Change | 8.39% |
| 1 Year Change | -3.87% |
| 3 Year Change | -1.31% |
| 5 Year Change | -18.36% |
| Change since IPO | 96.88% |
Recent News & Updates
Recent updates
Shareholder Returns
| REDE | GB Electric Utilities | GB Market | |
|---|---|---|---|
| 7D | -1.0% | 3.9% | 2.0% |
| 1Y | -3.9% | -8.5% | 4.5% |
Return vs Industry: REDE exceeded the UK Electric Utilities industry which returned -8.5% over the past year.
Return vs Market: REDE underperformed the UK Market which returned 4.5% over the past year.
Price Volatility
| REDE volatility | |
|---|---|
| REDE Average Weekly Movement | n/a |
| Electric Utilities Industry Average Movement | 3.7% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in GB Market | 11.4% |
| 10% least volatile stocks in GB Market | 2.7% |
Stable Share Price: REDE has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine REDE's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 2,445 | Roberto García Merino | www.ree.es |
Redeia Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic). Its transmission network comprises approximately 45,141 kilometres; and has 94,981 MVA of transformation capacity.
Redeia Corporación, S.A. Fundamentals Summary
| REDE fundamental statistics | |
|---|---|
| Market cap | €8.68b |
| Earnings (TTM) | €641.54m |
| Revenue (TTM) | €2.06b |
13.5x
P/E Ratio4.2x
P/S RatioIs REDE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| REDE income statement (TTM) | |
|---|---|
| Revenue | €2.06b |
| Cost of Revenue | €52.49m |
| Gross Profit | €2.01b |
| Other Expenses | €1.37b |
| Earnings | €641.54m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 31, 2024
| Earnings per share (EPS) | 1.19 |
| Gross Margin | 97.46% |
| Net Profit Margin | 31.10% |
| Debt/Equity Ratio | 0% |
How did REDE perform over the long term?
See historical performance and comparisonDividends
6.2%
Current Dividend Yield78%
Payout RatioDoes REDE pay a reliable dividends?
See REDE dividend history and benchmarks| Redeia Corporación dividend dates | |
|---|---|
| Ex Dividend Date | Jun 27 2024 |
| Dividend Pay Date | Jul 01 2024 |
| Days until Ex dividend | 49 days |
| Days until Dividend pay date | 53 days |
Does REDE pay a reliable dividends?
See REDE dividend history and benchmarks