ERG (ERG)

Currency in EUR
23.460
+0.400(+1.73%)
Closed·
Earnings results expected tomorrow
High dividend Yield
ERG is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
22.78023.780
52 wk Range
20.40026.180
Key Statistics
Prev. Close
23.46
Open
23.18
Day's Range
22.78-23.78
52 wk Range
20.4-26.18
Volume
410.31K
Average Volume (3m)
185.81K
1-Year Change
9.5238%
Book Value / Share
13.00
Fair Value
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Fair Value Upside
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ERG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
24.967
Upside
+6.42%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple

ERG News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

2 Buy
4 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 24.967
(+6.42% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Morgan Stanley
Sell21.00-10.49%19.50MaintainJul 15, 2026
Kepler Cheuvreux
Buy27.00+15.09%24.00UpgradeJun 05, 2026
Kepler Cheuvreux
Hold24.00+2.30%23.00MaintainMay 18, 2026
Barclays
Hold23.00-1.96%22.00MaintainApr 24, 2026
BofA Securities
Sell17.00-27.54%23.00DowngradeMar 23, 2026

ERG Earnings Call Summary for Q3/2026

  • ERG reported Q3 EBITDA of EUR 117M, flat YoY despite 7% production drop; 9-month EBITDA rose 6% to EUR 412M with net profit up 7% to EUR 119M.
  • Company raised 2026 EBITDA guidance floor to EUR 535M from EUR 520M and lowered net debt outlook to EUR 1.9B-2.0B from EUR 1.95B-2.05B.
  • Geographic diversification offset weak Southern European wind; UK assets nearly tripled EBITDA YoY, while Italy and France underperformed.
  • CEO Merli criticized new Italian regional tax on renewables as discriminatory; ERG shifting storage strategy toward hybrid model over MACSE auctions.
  • 2027 outlook positive with 270MW under construction and 700MW permitted; merchant exposure at 1.9 TWh for 2027, 3 TWh for 2028 with 80% hedging coverage.
Last Updated: 2026-11-13, 09:14 a/m
Read Full Transcript

Earnings

Latest Release
Nov 13, 2026
EPS / Forecast
-- / --
Revenue / Forecast
173M / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.54
Dividend Yield
4.26%
Industry Median 2.96%
Annualized payout
1.00
Paid annually
5-Years Growth
+5.92%
Growth Streak

ERG Income Statement

Compare ERG to Peers and Sector

Metrics to compare
ERG
Peers
Sector
Relationship
P/E Ratio
43.8x14.7x10.8x
PEG Ratio
−0.70−0.830.02
Price/Book
1.8x1.5x1.3x
Price / LTM Sales
4.4x1.5x1.5x
Upside (Analyst Target)
6.4%13.6%19.2%
Fair Value Upside
Unlock−12.5%4.1%Unlock

ERG S.p.A., through its subsidiaries, produces energy through renewable sources in Italy, France, Germany, the United Kingdom, Poland, Bulgaria, Sweden, Romania, the United States of America, and Spain. It also generates electricity through wind, solar, hydroelectric, and thermoelectric power plants, as well as natural gas cogeneration plants. The company was founded in 1938 and is based in Genoa, Italy. ERG S.p.A. operates as a subsidiary of Sq Renewables S.p.A.

Sector
Utilities
Employees
676
Market
Italy

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
21.09M14.51%494.85M
Other Institutional Investors
110.93M76.32%2.60B
Public Companies & Retail Investors
13.33M9.17%312.73M
Total
145.35M100.00%3.41B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Garmon S.p.A.76.92%111,806,8812,622,989
State Street Investment Management1.45%2,109,93349,499

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FAQ

What Is the ERG (ERG) Stock Price Today?

The ERG stock price today is 23.460 EUR.

What Stock Exchange Does ERG Trade On?

ERG is listed and trades on the Milan Stock Exchange.

What Is the Stock Symbol for ERG?

The stock symbol for ERG is "ERG."

Does ERG Pay Dividends? What’s The Current Dividend Yield?

The ERG dividend yield is 4.3%%.

What Is the ERG Market Cap?

As of today, ERG market cap is 3.410B EUR.

What Is ERG's Earnings Per Share (TTM)?

The ERG EPS (TTM) is 0.54.

From a Technical Analysis Perspective, Is ERG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has ERG Stock Split?

ERG has split 0 times.

How Many Employees Does ERG Have?

ERG has 676 employees.

What is the current trading status of ERG (ERG)?

As of Nov 15, 2026, ERG (ERG) is trading at a price of 23.460 EUR, with a previous close of 23.460 EUR. The stock has fluctuated within a day range of 22.780 EUR to 23.780 EUR, while its 52-week range spans from 20.400 EUR to 26.180 EUR.

What Is ERG (ERG) Price Target According to Analysts?

The average 12-month price target for ERG is 24.967 EUR, with a high estimate of 27.8 EUR and a low estimate of 21.5 EUR. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +6.42% Upside potential.
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