Rowan Cos. Company Profile (NYSE:RDC)

Analyst Ratings

Consensus Ratings for Rowan Cos. (NYSE:RDC) (?)
Ratings Breakdown: 4 Sell Rating(s), 14 Hold Rating(s), 10 Buy Rating(s)
Consensus Rating:Hold (Score: 2.21)
Consensus Price Target: $19.05 (26.72% upside)

Analysts' Ratings History for Rowan Cos. (NYSE:RDC)
Show:
DateFirmActionRatingPrice TargetActions
7/26/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/12/2016StephensUpgradeEqual Weight -> Overweight$18.00 -> $23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/10/2016Jefferies GroupReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/7/2016Evercore ISIReiterated RatingBuy$22.00 -> $23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/5/2016Iberia CapitalDowngradeOutperform -> Sector Perform$19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/13/2016Johnson RiceUpgradeAccumulate -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/13/2016Bank of America Corp.Reiterated RatingUnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/19/2016Citigroup Inc.Reiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/5/2016FBR & CoReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/22/2016Royal Bank Of CanadaBoost Price TargetSector Perform$15.00 -> $20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/11/2016Clarkson CapitalReiterated RatingNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/8/2016NomuraInitiated CoverageNeutral$14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016Barclays PLCLower Price TargetEqual Weight$13.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/21/2016Cowen and CompanyLower Price Target$16.00 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/14/2016Seaport Global SecuritiesUpgradeNeutral -> Buy$12.00 -> $19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/12/2016Deutsche Bank AGReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/9/2016Fearnley FondsReiterated RatingAccumulate -> ReduceView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/29/2016SusquehannaBoost Price Target$13.00 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/29/2016KLR GroupLower Price TargetBuy$21.00 -> $17.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/29/2016JPMorgan Chase & Co.Lower Price TargetOverweight$22.00 -> $19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/29/2016Credit Suisse Group AGLower Price TargetOutperform$23.00 -> $16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/28/2016Morgan StanleyUpgradeUnderweight -> Equal Weight$20.00 -> $17.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/21/2016Goldman Sachs Group Inc.Lower Price TargetNeutral$13.75 -> $13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/28/2015Imperial CapitalDowngradeSellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/22/2015Credit Agricole SADowngradeOutperform -> UnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/14/2015Howard WeilBoost Price Target$22.00 -> $23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/30/2015GuggenheimUpgradeNeutral -> Buy$24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/4/2015Societe GeneraleBoost Price TargetHold$20.00 -> $22.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/8/2015KeyCorpInitiated CoverageSector WeightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/9/2015Tudor PickeringDowngradeAccumulate -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/4/2015Zephirin GroupSet Price TargetBuy$30.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/23/2015Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/18/2015BMO Capital MarketsInitiated CoverageMarket Perform$25.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/4/2015Nordea Equity ResearchDowngradeHold -> Sell$23.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/21/2014RS PlatouUpgradeNeutral -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/23/2014Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for Rowan Cos. (NYSE:RDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/3/2016        
5/4/2016Q116$0.72$0.98$492.85 million$500.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2016Q415$0.74$0.95$530.16 million$535.80 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q315$0.52$0.89$520.09 million$545.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2015Q215$0.55$0.70$507.16 million$508.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2015Q115$0.70$0.99$533.08 million$547.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2015Q414$0.89$0.89$529.90 million$556.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2014Q314$0.54$0.63$465.30 million$467.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2014Q214$0.24$0.33$416.20 million$422.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2014Q114$0.21$0.28$375.53 million$377.60 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2014Q4$0.41$0.42$389.21 million$393.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2013Q313$0.43$0.42$382.90 million$382.80 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2013Q2 2013$0.56$0.57$399.84 million$408.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2013Q1 2013$0.53$0.55$386.49 million$394.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/28/2013Q4 2012$0.48$0.57$356.28 million$354.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2012$0.48$0.21ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2012$0.51$0.51ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2012$0.35$0.42ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/28/2012$0.32$0.36ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2011$0.39$1.53ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2011$0.34$0.38ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2011$0.29$0.24ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2011$0.29$0.42ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Rowan Cos. (NYSE:RDC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201611$0.53$0.75$0.68
Q2 20167$0.56$0.76$0.66
Q3 20167($0.12)$0.62$0.13
Q4 20167($0.06)$0.74$0.22
Q1 20174($0.16)$0.31$0.12
Q2 20174($0.18)$0.09($0.05)
Q3 20174($0.18)($0.05)($0.12)
Q4 20174($0.11)$0.24($0.01)
Q1 20181$0.00$0.00$0.00
Q2 20181($0.11)($0.11)($0.11)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Rowan Cos. (NYSE:RDC)
Annual Dividend:$0.20
Dividend Yield:1.33%
Payout Ratio:27.40% (Based on Trailing 12 Months of Earnings)
10.99% (Based on Current Year Consensus EPS Estimate)
83.33% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Rowan Cos. (NYSE:RDC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
10/29/2015quarterly$0.101.91%11/5/201511/9/201511/23/2015Tweet This Announcement  Share This Announcement on StockTwits
7/31/2015quarterly$0.102.41%8/7/20158/11/20158/25/2015Tweet This Announcement  Share This Announcement on StockTwits
5/1/2015quarterly$0.105/8/20155/12/20155/26/2015Tweet This Announcement  Share This Announcement on StockTwits
1/29/2015quarterly$0.101.89%2/5/20152/9/20153/3/2015Tweet This Announcement  Share This Announcement on StockTwits
10/30/2014quarterly$0.101.68%11/6/201411/11/201411/25/2014Tweet This Announcement  Share This Announcement on StockTwits
7/31/2014quarterly$0.101.39%8/7/20148/11/20148/26/2014Tweet This Announcement  Share This Announcement on StockTwits
4/25/2014quarterly$0.101.29%5/1/20145/5/20145/20/2014Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Rowan Cos. (NYSE:RDC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/19/2015Tore I SandvoldDirectorBuy5,000$22.29$111,450.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/11/2014Frankie Derek NecaiseSVPSell4,360$31.96$139,345.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/11/2014John L BuvensVPSell55,000$31.96$1,757,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/10/2014Mark A KellerVPSell49,000$32.20$1,577,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/5/2014Suzanne NimocksDirectorBuy1,200$32.77$39,324.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/4/2014Thomas HixDirectorBuy5,000$32.76$163,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Rowan Cos. (NYSE:RDC)
DateHeadline
07/29/16 09:05 AMStocks Roundup: McKesson (MCK), Rowan (RDC), Sabre (SABR)
07/26/16 09:23 AMTechnical Evaluation For Rowan Companies PLC (NYSE:RDC) - The Voice Registrar
07/26/16 06:34 AMRowan Cos downgraded by Raymond James -
07/25/16 10:29 AMRowan Companies plc (RDC) Shares are Down -9.68% - Trade Calls
07/23/16 05:31 PMRowan Companies - There Are Better Offshore Drillers - Seeking Alpha
07/23/16 09:54 AMRowan Companies - There Are Better Offshore Drillers
07/20/16 08:53 AMRowan Companies plc (NYSE:RDC) Expected To Post Sales Of $1186.986 - Investor Newswire
07/17/16 10:11 AMShare Performance Summary for: Rowan Companies plc (NYSE:RDC) - Press Telegraph
07/17/16 10:11 AMRowan Companies Plc (NYSE:RDC) Broker Price Targets For The Coming Week - Fiscal Standard
07/15/16 05:04 PMStrong Sell Calls For Rowan Companies plc (NYSE:RDC) At 0 - Investor Newswire
07/15/16 05:04 PMNew Broker Ratings For Rowan Companies Plc (NYSE:RDC) - FTSE News
07/14/16 09:41 AMRowan Companies Plc (NYSE:RDC) Updated Price Targets - FTSE News
07/14/16 09:41 AMRowan Companies plc Class A (RDC) Falls 2.94% for July 13 - Equities.com
07/13/16 08:59 AMTop Five Oilfield Services Stocks with Highest Short Interest
07/12/16 10:26 AMRowan Companies Incorporated (NYSE:RDC) Sellers Covered 4.22% of Their Shorts - Consumer Eagle
07/12/16 10:26 AMCompany Shares of Rowan Companies plc (NYSE:RDC) Drops by -9.37% - TheFounders Daily
07/11/16 10:42 AMCoverage Initiated on Select Oil and Gas Drillers’ Equities
07/11/16 09:32 AMWhy the US Natural Gas Rig Count Fell Twice in 2 Weeks -
07/10/16 05:19 PMStock Performance Rundown on: Rowan Companies plc (NYSE:RDC) - Press Telegraph
07/09/16 05:26 PMAccounts Payable For Rowan Companies plc (NYSE:RDC) Reach $87.071 - RealistInvestor.com
07/09/16 05:26 PMRowan Companies plc Realized Volatility Hits Extreme Level - CML News
07/08/16 08:57 AMStock Rating Watch and Earnings Insight for Rowan Companies plc (NYSE:RDC) - Press Telegraph
07/07/16 06:08 PMRowan (RDC) Trading Near $17.87 Resistance Level
07/07/16 08:52 AMActive Stocks on Frontline- Mitsubishi UFJ Financial (NYSE:MTU), Rowan Companies (NYSE:RDC), TransCanada ... - Seneca Globe
07/07/16 08:52 AMPrice Target Update: Rowan Companies (RDC) - News Oracle
07/07/16 08:52 AMEvercore ISI Raises Price Target on Rowan Cos. (RDC) Ahead of July FSR and Earnings Report - StreetInsider.com
07/06/16 10:42 AMOilfield Services Stocks with the Highest Short Interest
07/06/16 10:42 AMShares now down at $17.56 (RDC) Rowan Schedules 2nd Quarter 2016…
07/06/16 10:42 AMNotable Two Hundred Day Moving Average Cross - RDC
07/05/16 05:47 PMCompany Stock Focus for Rowan Companies plc (NYSE:RDC): Which Way Will Shares Head? - Press Telegraph
07/05/16 05:31 PMRowan Schedules 2nd Quarter 2016 Earnings Release Date and Conference Call - [at noodls] - HOUSTON, July 5, 2016 /PRNewswire/ -- Rowan Companies plc ('Rowan' or the 'Company') (NYSE: RDC) plans to report earnings for the three months ended June 30, 2016 on Tuesday, August 2, 2016, before the ...
07/04/16 10:42 AMSteady Stock Movements: Rowan Companies PLC (NYSE:RDC), Newfield Exploration Co (NYSE:NFX), Investors ... - iStreetWire
07/04/16 10:42 AMCisco Systems, Inc. (NASDAQ:CSCO) & Rowan Companies (NYSE:RDC) Are Stocks to Keep Your Eyes on - Money News (press release)
07/03/16 05:23 PMRowan Companies - Complete Fleet Status Analysis As Of July 1 And Commentary
07/03/16 10:13 AMShare Performance Recap for: Rowan Companies plc (NYSE:RDC) - Press Telegraph
07/01/16 03:02 PMROWAN COMPANIES PLC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders -
07/01/16 08:50 AMRowan Companies plc (NYSE:RDC) Cash And Short-Term Investments In Stands At $484.228 - Stocks Daily
07/01/16 07:51 AM8:51 am Rowan Cos updates on its drilling rig status; contract extensions awarded for the Rowan Viking & Gilbert Rowe, Rowan Gorilla VII's day-rate will be reduced in August -
07/01/16 07:41 AMRowan Provides Fleet Contract Status Update - [at noodls] - HOUSTON, July 1, 2016 /PRNewswire/ -- Rowan Companies plc ('Rowan' or the 'Company') (NYSE: RDC) announced today that its report of drilling rig status and contract information has been updated as of July ...
06/30/16 08:52 AMAnalyst Rating Update on Rowan Companies plc (RDC) - TheFounders Daily
06/29/16 08:51 AMSell-Side Recommendation & Price Target Projections on Rowan Companies plc (NYSE:RDC) - Telanagana Press
06/29/16 08:51 AMRowan Companies plc (NYSE:RDC) Yearly Sales Target At $1196.153 - Investor Newswire
06/28/16 08:30 AMRowan Cos. Plc breached its 50 day moving average in a Bearish Manner : RDC-US : June 28, 2016 -
06/26/16 10:31 AMStock Performance Focus on: Rowan Companies plc (NYSE:RDC) - Press Telegraph
06/25/16 09:47 AMRowan Companies plc (NYSE:RDC) Quarterly Dividend Payout At $-50.512 Millions - Stocks Daily
06/25/16 09:47 AMStrong Sell Calls Recommendations For Rowan Companies plc (NYSE:RDC) At 0 - Investor Newswire
06/21/16 05:37 PMRowan Companies plc (NYSE:RDC) Yearly Sales Projections At $1196.153 - Investor Newswire
06/20/16 05:49 PMBank of America Reinstates Rowan Companies PLC to Underperform - TheFounders Daily
06/20/16 07:37 AMJohnson Rice Upgrades Rowan Companies PLC to Buy - TheFounders Daily
06/18/16 05:16 PMBank of America (Merrill Lynch) issued a report on (NYSE:RDC) Rowan Companies Inc., retaining its target price to $0 today

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About Rowan Cos.

Rowan Cos. logoRowan Companies plc is a provider of offshore contract drilling services to the international oil and gas industry. The Company operates through two segments: deepwater and jack-ups. Its deepwater segment consists of drillship operations. Its fleet consists of approximately 30 mobile offshore drilling units, including self-elevating jack-up rigs and ultra-deepwater drillships. Its drilling fleet consists of approximately four ultra-deepwater drillships; 20 high-specification cantilever jack-up rigs, including three N-Class rigs, four EXL class rigs, three 240C class rigs, four enhanced Super Gorilla class rigs, one Gorilla class rig, and four Tarzan Class rigs, and eight cantilever jack-up rigs, including two Gorilla class rigs and six 116-C class rigs. The Company's fleet operates across the world, including the United States Gulf of Mexico, the United Kingdom and Norwegian sectors of the North Sea, the Middle East and Trinidad.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Drilling
  • Exchange: NYSE
  • Symbol: RDC
  • CUSIP: G7665A10
Key Metrics:
  • Previous Close: $15.03
  • 50 Day Moving Average: $17.52
  • 200 Day Moving Average: $15.82
  • P/E Ratio: 20.05
  • P/E Growth: -0.06
  • Market Cap: $1.86B
  • Beta: 1.59
  • Current Year EPS Consensus Estimate: $1.82 EPS
  • Next Year EPS Consensus Estimate: $0.24 EPS
Additional Links:
Rowan Cos. (NYSE:RDC) Chart for Friday, July, 29, 2016