Sacyr is listed on the Ibex 35 index in Spain. You can follow the development of the action below.
Sacyr S.A. is a company initially from Spain based in the city of Madrid. He is a specialist in developing infrastructures in the construction area, the concession of infrastructures, and the provision of services.
It was founded in 1986 under the name of Sociedad Anónima Caminos y Iradíos, and in 1991, it changed its name to what it has today. Today, Sacyr’s shares are included in the stock market, he continued, after he departed from the ibex 35.
The construction division, called Sacyr Engineering and Infrastructures, has a turnover of 2,600 million euros. It is one of the largest construction companies in Spain and in the countries that make up the Organization for Economic Cooperation and Development OECD.
Interesting facts about Sacyr on the stock market
The sacyr shares are one of the most observed by Spanish investors despite the fact that they are no longer part of the IBEX35. There were a lot of people who bought sacyr stock shares in the last decade. It is also one of the most used by Institutional investors.
A large number of people know this prestigious company, for its excellent reputation in the construction area. It was one of the most important companies in the IBEX for many years, but the real estate collapse caused many investors to remain tied to that action, generating tiny sacyr dividend shares if they sold their shares between 2009 and 2012.
Sacyr is one of the Spanish companies with a shareholding structure with a large Spanish majority, with highly influential people on the national investment scene. However, it has very little presence of international investor groups. According to the actions sacyr expert opinions, this is not something positive because they consider it as if they pass the buck.
This shows that the company does not have a direction, which may cause the poor performance of the sacyr shares on the stock market and the company in the real estate world.
Sacyr is a company with an attractive international market, around 50% of its business located outside of Spanish territory. It is powerful in Latin America and Italy, with some presence in Portugal. The international area is where growth potential is visualized, but it is difficult for the company to get rid of its dependence on the Spanish market.
In addition, it has projects in the North American market. Therefore, if it increases its operations in those territories, it would generate shares that will save the behavior of the sacyr shares on the stock market in the future.
Income, profits, and dividends
After the Spanish property bubble burst, Sacyr has been going through some tough years, having suffered severe losses. As of 2014, the company began to recover, but nothing compared with its activity in 2007.
In 2020, it distributed quite good dividends, taking into account the economic outlook in Spain and the world. However, the situation generated by the COVID-19 pandemic caused many economies in the world to suffer severe paralyzes. If this situation does not change by 2021 and the following years, the company’s expansion actions at the stock market and operations will be in serious trouble.
When the real estate bubble was booming, Sacyr was one of the companies that very well established. Made the experts’ recommendations, sacyr shares attracted a large number of investors to the securities of this company.
In just a few years, the value of sacyr shares multiplied by 10. This made those who bought shares at the beginning of 2000 and sold them in 2017 caused huge profits. But it was not the majority who played purchase and hold and were immersed in the bursting of the bubble when the sacyr consensus value collapsed by 97%.
However, despite the dreadful downturn in Sacyr’s shares, the company did not fail and managed to survive. Leverage during the real estate bubble was so great that it has continued to support sacyr pcbolsa until 2020.
But from that year on, sacyr shares have been affected by the coronavirus pandemic again. For this reason, the shares sacyr investors forum does not recommend investing in these shares at the moment.
When making a comparison between the sacyr shares and others that are listed on the main stock exchanges in the world, it is necessary to:
Santander shares have a value of 3.37 Euros with an upward trend of 1.19%. The value of Santander Spain shares is above the value of Sacyr shares by 1.13 points.
Repsol shares today have a value of 11.16 with a downward trend, but they are well above the value of Sacyr shares by 8.92 points. It should be bear in mind that Sacyr’s participation in Repsol is essential; for this reason, the behavior of the Repsol graphic shares has a significant impact on the value of the sacyr pc stock shares.
Telefónica shares have a value of 4.15 Euros with a downward trend but are above Sacyr shares by 1.91 points. These results show how the real estate industry is severely affected by the crisis in Spain and the rest of the world.