ERG SpA (ERG.MI) Stock Price

ERG SpA Price

Borsa Italiana·CLOSED
21.82EUR+0.08 (+0.37 %)
Market closed

Revenue at ERG SpA has contracted by 12.4% per year over the past 19 years to 743.62 M EUR. Earnings per share have declined at 0.4% per year over the last 17 years. For ERG SpA, the net margin of 8.7% is broadly stable versus 7.9% a few years ago. At today's price the dividend yield works out to roughly 4.58%. The payout ratio is around 68% of earnings. The dividend has grown at 4.9% per year over the past 19 years. The consensus 12-month price target for ERG SpA is 23.87 EUR, about 9.4% above where the stock trades today. Of 15 analysts, 8 rate the stock a buy — an overall Buy consensus. The stock trades about 16% above its 52-week low.

ERG SpA stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of ERG SpA over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how ERG SpA stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing ERG SpA's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

ERG SpA Stock Price History
DateERG SpA Price
8/7/202621.82 EUR
8/6/202621.74 EUR
8/5/202621.60 EUR
8/4/202621.94 EUR
7/31/202622.02 EUR
7/30/202621.62 EUR
7/29/202621.34 EUR
7/28/202621.90 EUR
7/27/202622.30 EUR
7/24/202622.42 EUR
7/23/202622.56 EUR
7/22/202622.68 EUR
7/21/202622.58 EUR
7/20/202622.96 EUR
7/17/202622.74 EUR
7/16/202622.68 EUR
7/15/202623.04 EUR
7/14/202623.20 EUR
7/13/202623.00 EUR
7/10/202623.02 EUR
7/9/202623.14 EUR
7/8/202623.24 EUR
7/7/202623.50 EUR
7/6/202623.60 EUR
7/3/202623.58 EUR
7/2/202623.50 EUR
7/1/202623.66 EUR
6/30/202623.92 EUR
6/29/202623.48 EUR
6/26/202623.58 EUR
6/25/202623.48 EUR
6/24/202623.28 EUR
6/23/202623.22 EUR
6/22/202622.90 EUR
6/19/202622.80 EUR
6/18/202622.42 EUR
6/17/202622.90 EUR
6/16/202623.28 EUR
6/15/202624.02 EUR
6/12/202624.02 EUR
6/11/202624.06 EUR
6/10/202624.30 EUR
6/9/202624.18 EUR
6/8/202624.50 EUR
6/5/202624.72 EUR
6/4/202623.30 EUR
6/3/202623.38 EUR
6/2/202623.10 EUR
6/1/202623.26 EUR
5/29/202623.24 EUR
5/28/202623.26 EUR
5/27/202623.30 EUR
5/26/202623.34 EUR
5/25/202623.10 EUR
5/22/202623.00 EUR
5/21/202623.16 EUR
5/20/202623.12 EUR
5/19/202623.02 EUR
5/18/202622.62 EUR
5/15/202623.38 EUR
5/14/202623.14 EUR
5/13/202622.88 EUR
5/12/202622.92 EUR
5/11/202623.32 EUR
5/8/202622.90 EUR
5/7/202622.82 EUR
5/6/202622.96 EUR
5/5/202622.74 EUR
5/4/202622.86 EUR
4/30/202622.98 EUR
4/29/202622.48 EUR
4/28/202622.74 EUR
4/27/202622.26 EUR
4/24/202622.58 EUR
4/23/202622.44 EUR
4/22/202621.96 EUR
4/21/202621.74 EUR
4/20/202621.00 EUR
4/17/202620.96 EUR
4/16/202621.66 EUR
4/15/202621.90 EUR
4/14/202622.18 EUR
4/13/202622.04 EUR
4/10/202622.50 EUR
4/9/202622.36 EUR
4/8/202622.14 EUR
4/7/202622.56 EUR
4/2/202623.10 EUR
4/1/202622.34 EUR
3/31/202621.96 EUR
3/30/202621.90 EUR
3/27/202621.32 EUR
3/26/202621.60 EUR
3/25/202621.30 EUR
3/24/202620.62 EUR
3/23/202620.64 EUR
3/20/202622.20 EUR
3/19/202622.30 EUR
3/18/202622.12 EUR
3/17/202621.64 EUR
3/16/202621.52 EUR
3/13/202621.78 EUR
3/12/202622.56 EUR
3/11/202624.70 EUR
3/10/202624.68 EUR
3/9/202624.62 EUR
3/6/202624.26 EUR
3/5/202624.08 EUR
2/27/202625.12 EUR
2/26/202623.72 EUR
2/25/202623.88 EUR
2/23/202623.55 EUR
2/20/202622.78 EUR
2/19/202622.36 EUR
2/18/202624.40 EUR
2/17/202622.73 EUR
2/16/202621.57 EUR
2/13/202621.62 EUR
2/12/202622.01 EUR
2/11/202623.18 EUR
2/10/202623.02 EUR
2/9/202622.97 EUR
2/6/202622.40 EUR
2/5/202622.12 EUR
2/4/202622.51 EUR
2/3/202622.34 EUR
2/2/202622.14 EUR
1/30/202622.41 EUR
1/29/202622.10 EUR
1/28/202622.49 EUR
1/27/202622.48 EUR
1/26/202622.77 EUR
1/23/202622.66 EUR
1/22/202622.50 EUR
1/21/202621.97 EUR
1/20/202621.99 EUR
1/19/202622.44 EUR
1/16/202622.39 EUR
1/15/202622.48 EUR
1/14/202622.30 EUR
1/13/202622.49 EUR
1/12/202622.26 EUR
1/9/202622.59 EUR
1/8/202622.73 EUR
1/7/202622.74 EUR
1/6/202622.28 EUR
1/5/202622.28 EUR
1/2/202622.51 EUR
12/30/202521.98 EUR
12/29/202522.00 EUR
12/23/202521.71 EUR
12/22/202521.72 EUR
12/19/202521.66 EUR
12/18/202521.74 EUR
12/17/202521.57 EUR
12/16/202521.70 EUR
12/15/202521.63 EUR
12/12/202521.59 EUR
12/11/202521.34 EUR
12/10/202521.51 EUR
12/9/202521.75 EUR
12/8/202521.93 EUR
12/5/202522.06 EUR
12/4/202522.07 EUR
12/3/202522.19 EUR
12/2/202522.02 EUR
12/1/202521.73 EUR
11/28/202521.94 EUR
11/27/202521.98 EUR
11/26/202521.89 EUR
11/25/202521.84 EUR
11/24/202521.80 EUR
11/21/202521.55 EUR
11/20/202522.10 EUR
11/19/202521.70 EUR
11/18/202521.86 EUR
11/17/202521.86 EUR
11/14/202521.10 EUR
11/13/202522.27 EUR
11/12/202522.60 EUR
11/11/202522.50 EUR
11/10/202522.62 EUR
11/7/202522.41 EUR
11/6/202522.71 EUR
11/5/202522.79 EUR
11/4/202522.70 EUR
11/3/202522.47 EUR
10/31/202522.32 EUR
10/30/202522.52 EUR
10/29/202522.62 EUR
10/28/202522.41 EUR
10/27/202522.38 EUR
10/25/202522.54 EUR
10/23/202522.76 EUR
10/22/202522.86 EUR
10/21/202522.56 EUR
10/20/202522.58 EUR
10/17/202522.47 EUR
10/16/202522.48 EUR
10/15/202522.37 EUR
10/14/202522.20 EUR
10/13/202522.52 EUR
10/10/202522.61 EUR
10/9/202522.71 EUR
10/8/202522.51 EUR
10/7/202522.42 EUR
10/6/202522.15 EUR
10/3/202521.91 EUR
10/2/202521.69 EUR
10/1/202521.15 EUR
9/29/202520.90 EUR
9/26/202520.90 EUR
9/25/202520.88 EUR
9/24/202521.27 EUR
9/23/202521.08 EUR
9/22/202520.56 EUR
9/19/202520.37 EUR
9/18/202520.71 EUR
9/17/202520.72 EUR
9/16/202520.48 EUR
9/15/202520.36 EUR
9/12/202520.24 EUR
9/11/202520.32 EUR
9/10/202520.28 EUR
9/9/202520.31 EUR
9/8/202520.34 EUR
9/5/202520.41 EUR
9/4/202520.37 EUR
9/3/202520.47 EUR
9/2/202520.53 EUR
9/1/202520.77 EUR
8/29/202520.75 EUR
8/28/202520.97 EUR
8/27/202520.10 EUR
8/26/202519.82 EUR
8/25/202519.96 EUR
8/22/202520.22 EUR
8/21/202520.13 EUR
8/20/202519.86 EUR
8/19/202519.50 EUR
8/18/202519.38 EUR
8/14/202519.03 EUR
8/13/202518.99 EUR
8/12/202518.89 EUR
8/11/202518.83 EUR
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ERG SpA Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
713.84 M EUR
251.32 M EUR
378.94 M EUR
Jan 1, 2023
740.94 M EUR
277.98 M EUR
178.67 M EUR
Jan 1, 2024
732.53 M EUR
251.50 M EUR
187.09 M EUR
Jan 1, 2025
743.62 M EUR
172.12 M EUR
64.96 M EUR
Jan 1, 2026 (e)
828.95 M EUR
236.40 M EUR
172.95 M EUR
Jan 1, 2027 (e)
847.79 M EUR
241.77 M EUR
177.65 M EUR
Jan 1, 2028 (e)
877.41 M EUR
250.22 M EUR
187.86 M EUR
Jan 1, 2029 (e)
931.13 M EUR
265.53 M EUR
268.66 M EUR

ERG SpA Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 11, 2026, 3:55 PM
 
REVENUEB EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEM EUR
NET INCOME GROWTH%
DIV.EUR
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
4.830.921.031.051.021.020.971.040.710.740.730.740.830.850.880.93
-9.34-80.9411.292.73-2.85-0.20-4.706.68-31.313.79-1.081.5011.442.293.546.16
6.7038.1148.6848.9151.2231.1552.5246.2457.2260.6898.6398.7998.7998.7998.7998.79
0.320.350.500.520.520.320.510.480.410.450.720.730.820.840.870.92
136.00147.00201.00207.00208.00149.00123.00162.00251.00277.00251.00172.00236.00241.00250.00265.00
2.8115.9619.6119.6620.3314.5912.6415.6135.2037.4334.2923.1528.5028.4528.5128.46
47.0020.00122.00206.00132.0031.00107.0081.00378.00178.00187.0064.00172.00177.00187.00268.00
67.86-57.45510.0068.85-35.92-76.52245.16-24.30366.67-52.915.06-65.78168.752.915.6543.32
1.000.501.000.500.750.750.750.750.901.001.001.001.061.121.19–
150.00-50.00100.00-50.0050.00–––20.0011.11––6.005.666.25–
142.80142.80144.14148.82148.82148.87149.31149.31149.54147.13147.13147.13147.13147.13147.13147.13
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales ERG SpA generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue ERG SpA retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare ERG SpA's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares ERG SpA has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against ERG SpA's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

ERG SpA stock margins

The ERG SpA margin analysis displays the gross margin, EBIT margin, as well as the profit margin of ERG SpA. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for ERG SpA.

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
46.33 %
15.68 %
7.89 %
Jan 1, 2022
57.21 %
35.21 %
53.08 %
Jan 1, 2023
60.60 %
37.52 %
24.11 %
Jan 1, 2024
98.64 %
34.33 %
25.54 %
Jan 1, 2025
98.83 %
23.15 %
8.74 %
Jan 1, 2026 (e)
98.83 %
28.52 %
20.86 %
Jan 1, 2027 (e)
98.83 %
28.52 %
20.95 %
Jan 1, 2028 (e)
98.83 %
28.52 %
21.41 %

ERG SpA Stock Revenue, EBIT, Earnings per Share

The ERG SpA earnings per share therefore indicates how much revenue ERG SpA has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
6.95 EUR
1.09 EUR
0.55 EUR
Jan 1, 2022
4.77 EUR
1.68 EUR
2.53 EUR
Jan 1, 2023
5.04 EUR
1.89 EUR
1.21 EUR
Jan 1, 2024
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2025
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2026 (e)
5.51 EUR
1.61 EUR
1.15 EUR
Jan 1, 2027 (e)
5.64 EUR
1.64 EUR
1.18 EUR
Jan 1, 2028 (e)
5.84 EUR
1.70 EUR
1.25 EUR

ERG SpA business model & stock analysis

The history of ERG SpA dates back to 1938, when the municipality of Genoa decided to establish a public electricity supply. This idea was continuously expanded and modernized in the following decades to meet the growing demands for reliable and efficient energy supply. In the 1990s, ERG SpA began to expand its business model and focus on renewable energy generation. Today, the company is one of the leading players in the wind power sector and operates numerous facilities in Italy, France, and Germany. In addition to energy generation, ERG SpA's core business includes trading electricity and gas, as well as managing energy networks. Furthermore, the company is active in the fields of mobility and the environment, offering services related to electromobility, recycling, and waste management. ERG SpA's main products include electricity and gas supply for residential and business customers, as well as various tariffs tailored to customer needs. Additionally, the company also provides services for the installation and maintenance of electric charging stations, as well as waste recovery and recycling. Another core sector of ERG SpA is wind power. The company operates numerous wind farms with a total capacity of over 1,300 MW, producing approximately 2.8 TWh of clean energy annually. ERG SpA employs state-of-the-art technologies and innovative solutions to ensure high efficiency and profitability. In addition to wind power, ERG SpA is also involved in the photovoltaic sector, operating various solar power plants in Italy and France. Furthermore, the company participates in projects focusing on hydrogen production and other renewable energy sources, aiming to enable a more environmentally friendly energy supply in the long term. As part of its sustainability strategy, ERG SpA also promotes electromobility and offers numerous services for electric vehicles. These include the installation and maintenance of charging stations, as well as various mobility services for residential and business customers. Overall, ERG SpA demonstrates a broad spectrum of activities in the energy sector, consistently relying on renewable energy sources and sustainability. With its combination of state-of-the-art technology, innovative solutions, and a clear focus on customer needs, the company is well positioned to continue playing a leading role in the energy market in the future.

ERG SpA SWOT Analysis

Strengths

ERG SpA possesses a strong brand image and reputation in the industry, which gives them a competitive advantage over their rivals. The company has a diverse portfolio of renewable energy assets, including wind farms and solar plants, which provide a sustainable source of revenue. ERG SpA's strong financial position and access to capital allow them to invest in new projects and expand their operations. They have a skilled and experienced workforce that contributes to the company's success.

Weaknesses

One of the weaknesses of ERG SpA is its dependence on government regulations and subsidies for renewable energy. Changes in policies or reductions in subsidies can impact their profitability. The company's geographical concentration in Italy also exposes them to country-specific risks such as political instability and regulatory changes. Furthermore, ERG SpA may face challenges in integrating and managing their diverse portfolio of assets effectively.

Opportunities

ERG SpA has an opportunity to capitalize on the growing demand for renewable energy both domestically and internationally. They can expand their operations by investing in new markets and leveraging their expertise to develop innovative renewable energy solutions. The company can also benefit from the global transition towards clean energy and renewable targets set by governments. Furthermore, collaborations or partnerships with other companies in the renewable energy sector can open doors to new opportunities.

Threats

ERG SpA faces threats from intense competition within the renewable energy industry. The emergence of new technologies or renewable energy players can disrupt their market position. Fluctuations in energy prices and regulatory uncertainties pose risks to their revenue and profitability. The company must also consider the potential environmental and social impacts of their operations, as stakeholders are increasingly demanding sustainable and responsible practices.

ERG SpA Eulerpool Fair Value

Details

Fair Value Estimate

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What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

ERG SpA historical P/E ratio, EBIT multiple, and P/S ratio

ERG SpA annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

ERG SpA shares outstanding

The number of shares of ERG SpA was 147.13 M in 2025. This indicates how many shares ERG SpA is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
149.31 M Stocks
Jan 1, 2022
149.54 M Stocks
Jan 1, 2023
147.13 M Stocks
Jan 1, 2024
147.13 M Stocks
Jan 1, 2025
147.13 M Stocks
Jan 1, 2026 (e)
147.13 M Stocks
Jan 1, 2027 (e)
147.13 M Stocks
Jan 1, 2028 (e)
147.13 M Stocks

ERG SpA stock splits

In ERG SpA's history, there have been no stock splits.

ERG SpA Dividend History

27 years of dividend payments

YearAnnual DividendYoY ChangePayments
20251.00EUR 0.0%1×
May 19, 20251.00EUR 0.0%1/1
20241.00EUR 0.0%1×
20231.00EUR↑ 11.1%1×
20220.90EUR↑ 20.0%1×
20210.75EUR 0.0%1×
20200.75EUR 0.0%1×
20190.75EUR 0.0%1×
20180.75EUR↑ 50.0%1×
20170.50EUR↓ 50.0%1×
20161.00EUR↑ 100.0%1×

ERG SpA dividend history and estimates

In 2025, ERG SpA paid a dividend amounting to 1.00 EUR. Dividend means that ERG SpA distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.75 EUR
0.00 EUR
Jan 1, 2022
0.90 EUR
0.00 EUR
Jan 1, 2023 (e)
0.00 EUR
1.00 EUR
Jan 1, 2024
1.00 EUR
0.00 EUR
Jan 1, 2025
1.00 EUR
0.00 EUR
Jan 1, 2026 (e)
0.00 EUR
1.06 EUR
Jan 1, 2027 (e)
0.00 EUR
1.12 EUR
Jan 1, 2028 (e)
0.00 EUR
1.19 EUR

ERG SpA dividend payout ratio

In 2025, ERG SpA had a payout ratio of 67.58%. The payout ratio indicates the percentage of the company's profits that ERG SpA distributes as dividends.

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
136.73 %
Jan 1, 2022
35.52 %
Jan 1, 2023
82.35 %
Jan 1, 2024
84.87 %
Jan 1, 2025
67.58 %
Jan 1, 2026 (e)
92.06 %
Jan 1, 2027 (e)
94.93 %
Jan 1, 2028 (e)
95.09 %

Current ERG SpA forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
53.33 % (8)
Hold
40.00 % (6)
Sell
6.67 % (1)
12M Price Target
23.87
Last Price
21.68
Currency
EUR
12M Return Potential
10.09 %
LTM Return
0 %

ERG SpA Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
3/8/2018-EUR-258.82 MEUR-2017 Q4
3/4/20110.09EUR-2.12 BEUR-2010 Q4
8/6/20100.14EUR-2.03 BEUR-2010 Q2
5/14/2010-0.01EUR-1.62 BEUR-2010 Q1
3/4/2010-0.15EUR-1.46 BEUR-2009 Q4
11/13/2009-0.05EUR-1.60 BEUR-2009 Q3
8/12/20090.07EUR--EUR-2009 Q2
5/14/20090.07EUR-1.19 BEUR-2009 Q1
3/11/20090.07EUR--EUR-2008 Q4
11/14/20080.29EUR-2.80 BEUR-2008 Q3

EESG©

Eulerpool ESG Scorecard© for the ERG SpA stock

89/100
99
Environment
99
Social
70
Governance
E

Environment

20
Scope 1 - Direct Emissions1,118
Scope 2 - Indirect emissions from purchased energy8,263
Scope 3 - Indirect emissions within the value chain208,313
Total CO₂ emissions9,381
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees31.1
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

ERG SpA shareholder structure

% Name
1.13005%
State Street Global Advisors (UK) Ltd.
State Street Global Advisors (UK) Ltd.
1.09684%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.79792%
Anima SGR S.p.A.
Anima SGR S.p.A.
0.77483%
Schroder Investment Management Ltd. (SIM)
Schroder Investment Management Ltd. (SIM)
0.75162%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
0.65274%
SEB Investment Management AB
SEB Investment Management AB
...

ERG SpA Beneficial Ownership Filings (SEC 13D/G)

Free Float
34.2%
Float Shares
-
Shares Outstanding
-

ERG SpA Executives and Management Board

14 members · avg. age 57 · 50 % women

PM

Mr. Paolo Merli (53)

Chief Executive Officer, Executive Director

1.81 M EUR

Management

MP

Mr. Michele Pedemonte (50)

Chief Financial Officer, Secretary

–
ED

Ms. Emanuela Delucchi

Chief ESG, IR & Communication Officer · since 2020

–

Board of Directors

AG

Dr. Alessandro Garrone (61)

Executive Deputy Chairman of the Board · since 2002

1.01 M EUR
EG

Mr. Edoardo Garrone (63)

Executive Chairman of the Board · since 1991

710,000.00 EUR
GM

Mr. Giovanni Mondini (58)

Non-Executive Deputy Chairman of the Board

213,760.00 EUR
EO

Ms. Elisabetta Oliveri (62)

Non-Executive Lead Independent Director

198,333.00 EUR
FL

Ms. Federica Lolli (51)

Non-Executive Independent Director

150,000.00 EUR
PB

Prof. Luca Bettonte (61)

Non-Executive Director · since 2007

130,000.00 EUR

ERG SpA Supply Chain

ERG SpA Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
5 companies
#NameTrend
1
Nexans
Supplier·Electrical Equipment·FR
-0.06
0.63
0.49
0.35
0.45
0.84
2
Eni
Supplier·Customer·Oil, Gas & Consumable Fuels·IT
-0.60
-0.47
0.09
-0.01
0.57
0.81
3
Renergetica
Supplier·Customer·Independent Power and Renewable Electricity Producers·IT
-0.51
0.07
0.30
0.11
0.61
0.70
#NameTrend
1
Telecom Italia
Customer·Diversified Telecommunication Services·IT
0.41
-0.71
-0.74
-0.53
-0.50
-0.11
2
Vestas Wind Systems
Supplier·Electrical Equipment·DK
0.20
-0.64
0.50
0.55
-0.12
0.22

Frequently asked questions about ERG SpA

ERG SpA's business model revolves around the production and distribution of renewable energy. As one of the leading companies in the industry, ERG focuses on the development and operation of wind farms and photovoltaic plants, harnessing sustainable resources to generate electricity. With a strong portfolio of renewable energy assets, ERG aims to contribute to the transition towards a greener future. By leveraging its expertise in project development, operations, and maintenance, ERG SpA strives to provide clean and sustainable energy solutions for both industrial and domestic consumers.

ERG SpA is primarily active in the renewable energy industry.

ERG SpA faces competition from various companies in the market. Some of its major competitors include ENI, Enel, ExxonMobil, BP, and Royal Dutch Shell. These companies are also active in the energy sector, and their operations and strategies may impact ERG SpA's market position. By keeping an eye on the activities and advancements of these competitors, investors and stakeholders can gain valuable insights into the industry landscape and potential market trends.

ERG SpA, an Italian energy company, has a noteworthy history and background. Established in 1938 as Ente Autonomo Volta, it operated initially in electricity generation and distribution. Over the years, ERG SpA expanded its focus and became a prominent player in both renewable and conventional energy sectors. In 1983, the company entered the wind energy market and became a pioneer in this field. ERG SpA continued its growth through mergers, acquisitions, and collaborations, strengthening its position in Europe's renewable energy industry. Today, ERG SpA stands as a leading renewable energy operator, striving for sustainable development and supplying clean and efficient energy solutions to both businesses and consumers.

ERG SpA, a renowned energy company, has achieved significant milestones over the years. With a strong focus on renewable energy, ERG has made notable contributions to the sector. The company successfully developed and operated numerous wind farms across Europe, bolstering clean energy production. Additionally, ERG has expanded its portfolio through strategic acquisitions, strengthening its market position and diversifying its energy sources. The company's partnership with major international players has also facilitated growth and innovation in the renewable energy domain. ERG's commitment to sustainability and environmental stewardship continues to drive its achievements, making it a leading player in the renewable energy sector.

ERG SpA is primarily present in Italy, where it is headquartered, and operates in various regions across the country. The company has a strong presence in the renewable energy sector, particularly in wind power generation. Additionally, ERG SpA has expanded its operations to other countries, including France, Germany, Belgium, and Romania. With a focus on sustainable energy solutions, ERG SpA continues to strengthen its presence in key European markets, contributing to the development of clean and efficient energy sources.

ERG SpA represents values of sustainability, innovation, and efficiency in the energy sector. With a strong commitment to renewable energy, ERG focuses on generating electricity from wind and solar sources. The company follows a corporate philosophy centered around responsible business practices, environmental stewardship, and community engagement. ERG SpA strives for continuous improvement and development of clean energy solutions, contributing to a more sustainable future. Through its diverse portfolio and dedication to excellence, ERG SpA is a leading player in the renewable energy industry.

Analysts currently set an average price target of 24.38 EUR for the ERG SpA stock (median: 23.87 EUR), implying +12.4 % versus the latest price. The consensus is based on 15 analyst ratings.

ERG SpA Analyst Price Targets 2026

15 analysts currently rate the ERG SpA stock: 8 recommend buying, 6 holding and 1 selling. For 2026, analysts expect ERG SpA to generate revenue of 828.95 M EUR and earnings per share of 1.18 EUR.

ERG SpA Analyst Price Targets 2026

The ERG SpA share (ERG.MI) is listed on 7 stock exchanges, including: Frankfurt (ER9.F), München (ER9.MU), Düsseldorf (ER9.DU), London (0MHC.L), Mailand (ERG.MI).

ERG SpA is an energy supply company based in Italy. It operates in various sectors such as electricity and gas distribution, renewable energies, and refineries. The company is listed on the Italian stock exchange and employs over 3,000 employees. It operates different distribution networks for electricity and gas, ensuring reliable supply to households, industries, and businesses. Additionally, ERG SpA is a key player in renewable energies, particularly in wind power, operating wind turbines in Italy and France. It aims to reduce its CO2 emissions by 60% by 2030. The company also operates a refinery in Sicily, processing crude oil into various products such as gasoline, diesel, kerosene, and lubricants, which are sold through a network of petrol stations in Italy. ERG SpA emphasizes high quality standards and responsible resource management. In summary, ERG SpA follows a diversified business model in the energy sector, incorporating both conventional and renewable energy sources and demonstrating its commitment to a sustainable future through the planned reduction of CO2 emissions by 2030.

The expected revenue of ERG SpA is 828.95 M EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of ERG SpA is 172.95 M EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of ERG SpA is currently 18.56. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the ERG SpA stock.

The price-to-sales ratio (P/S) of ERG SpA is currently 3.87. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the ERG SpA stock.

The Eulerpool Quality Score for ERG SpA is 3/10.

The ISIN of ERG SpA is IT0001157020. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of ERG SpA is 909581. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of ERG SpA is ERG.MI. The ticker symbol is used to trade ERG SpA shares on the stock exchange.

Over the past 12 months, ERG SpA paid a dividend of 1.00 EUR . This corresponds to a dividend yield of about 4.58 %. For the coming 12 months, ERG SpA is expected to pay a dividend of 1.12 EUR.

The current dividend yield of ERG SpA is 4.58 %.

ERG SpA pays a dividend, distributed in the months of , , , .

ERG SpA paid dividends every year for the past 18 years.

For the upcoming 12 months, dividends amounting to 1.12 EUR are expected. This corresponds to a dividend yield of 5.14 %.

ERG SpA is assigned to the 'Utilities' sector.

To receive the latest dividend of ERG SpA from amounting to 1 EUR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, ERG SpA distributed 1 EUR as dividends.

The dividends of ERG SpA are distributed in EUR.

All fundamentals and in-depth analysis of ERG SpA

Our stock analysis for ERG SpA stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ERG SpA. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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