Rwe share: Strong performance secures advantages!

The energy group recorded a share price increase of 1.9 percent to 30.72 euros, although quarterly sales and earnings per share were significantly below the previous year's figures.

The shares of the energy group RWE recorded a positive development in XETRA trading on Wednesday. During the course of the day, the stock rose by 1.9 percent and reached a value of 30.72 euros. The daily high was 30.75 euros, while the trading day began at 30.48 euros. The trading volume amounted to 977,632 shares. This price development is particularly remarkable against the background of the latest quarterly figures that RWE presented on November 13th. For the quarter ended September 30th, 2024, the group reported earnings per share of 1.56 euros, which represents a significant decline compared to the previous year's figure of 2.44 euros. Sales also shrank considerably by 21.9 percent to 4.74 billion euros, compared to 6.07 billion euros in the same quarter last year. Despite these declining business figures, the mood among analysts remains positive. On average, experts set a price target of 41.81 euros for the RWE share - which corresponds to a considerable upside potential of over 36 percent from the current level. For the full year 2024, analysts forecast earnings of 3.02 euros per share.

Long-term perspective and dividend outlook

In terms of long-term development, RWE shares are currently in an interesting position. The current price is around 18.33 percent below the 52-week high of 36.35 euros reached on May 16, 2024. However, there is a buffer of around 9.64 percent to the 52-week low of 27.76 euros on December 19, 2024. Investors are also positive about the dividend forecast: for the current year, experts expect a payout of 1.10 euros per share, which represents an increase compared to the previous year's dividend of 1.00 euros. The presentation of the financial results for the fourth quarter of 2024 is expected for March 20, 2025 and should provide further information about the future development of the energy group.

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