|Bid||9.94 x 0|
|Ask||9.94 x 0|
|Day's Range||9.90 - 10.17|
|52 Week Range||8.59 - 11.77|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||19.62|
|Earnings Date||Feb. 23, 2022|
|Forward Dividend & Yield||0.42 (4.18%)|
|Ex-Dividend Date||Jan. 10, 2022|
|1y Target Est||11.50|
Iberdrola Chief Executive Ignacio Sanchez Galan appeared before Spain's High Court on Tuesday as part of an investigation into alleged spying in a case that dates back more than 15 years. Sanchez Galan, who is being investigated for alleged bribery, breach of privacy and fraud in commercial documents, was giving testimony in a hearing behind closed doors. The court is investigating whether Iberdrola hired former police chief Jose Manuel Villarejo, who ran intelligence services company Cenyt, to spy on Real Madrid soccer club president Florentino Perez when Perez's construction company ACS was fighting for a seat on Iberdrola's board in 2009.
Iberdrola's U.S. unit Avangrid has agreed to extend the deadline to close an $8 billion planned takeover of rival PNM Resources to April 20, 2023, after a New Mexico regulator blocked the deal last month, the Spanish company said on Tuesday in a filing to the local stock market regulator. The deal could be extended three months further if both parties agree, Iberdrola said. Avangrid and PNM Resources on Monday filed an appeal to the New Mexican Supreme Court against a December decision by the New Mexico's utility regulator NMRC to stop the takeover, Iberdrola said.
Power company Iberdrola's U.S. unit Avangrid will evaluate its next steps after a New Mexico regulator blocked its planned takeover of rival PNM Resources, the Spanish group said on Friday. "Avangrid and PNM are evaluating the statements by (New Mexico's utility regulator) NMRC at the public hearing and the notification and are studying the next steps to take in this process," Iberdrola said in a statement. The New Mexico utility regulator on Wednesday rejected Avangrid's proposed $8 billion acquisition of PNM Resources, saying the deal's risks outweighed its promised benefits to state ratepayers.