Brokers Set Expectations for NOV's Q3 Earnings (NYSE:NOV)

Key Points

• Research analysts at Zacks Research have lowered their Q3 2025 earnings per share estimate for NOV from $0.26 to $0.23, while the consensus estimate for full-year earnings remains at $1.40 per share.
• NOV reported Q2 earnings of $0.29 per share, missing expectations, and saw a 1.3% year-over-year decline in revenue.
• The company recently declared a quarterly dividend of $0.075, equating to an annualized dividend yield of 2.3%, with the ex-dividend date set for September 12th.

NOV Inc. (NYSE:NOV - Free Report) - Research analysts at Zacks Research lowered their Q3 2025 earnings per share estimates for NOV in a research note issued to investors on Monday, September 8th. Zacks Research analyst Team now expects that the oil and gas exploration company will post earnings per share of $0.23 for the quarter, down from their previous estimate of $0.26. The consensus estimate for NOV's current full-year earnings is $1.40 per share. Zacks Research also issued estimates for NOV's Q4 2025 earnings at $0.24 EPS, FY2025 earnings at $0.95 EPS, Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.24 EPS and FY2027 earnings at $1.25 EPS.

NOV (NYSE:NOV - Get Free Report) last released its earnings results on Monday, July 28th. The oil and gas exploration company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). The firm had revenue of $2.19 billion during the quarter, compared to analysts' expectations of $2.16 billion. NOV had a return on equity of 7.25% and a net margin of 5.36%.The firm's revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.57 earnings per share. NOV has set its Q3 2025 guidance at EPS.

Other equities analysts also recently issued reports about the company. Morgan Stanley reduced their target price on NOV from $18.00 to $15.00 and set an "overweight" rating on the stock in a research report on Friday, May 16th. Wells Fargo & Company reduced their target price on NOV from $11.00 to $10.00 and set an "underweight" rating on the stock in a research report on Thursday, June 5th. Evercore ISI reduced their target price on NOV from $15.00 to $14.00 and set an "in-line" rating on the stock in a research report on Wednesday, July 30th. JPMorgan Chase & Co. downgraded NOV from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $17.00 to $15.00 in a research report on Wednesday, July 30th. Finally, Susquehanna set a $17.00 price target on shares of NOV and gave the company a "positive" rating in a report on Wednesday, July 30th. Seven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, NOV presently has a consensus rating of "Hold" and an average target price of $16.56.

NOV Stock Down 0.8%

NOV stock opened at $13.22 on Tuesday. The stock has a market capitalization of $4.91 billion, a P/E ratio of 10.83, a PEG ratio of 3.80 and a beta of 1.34. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.72 and a current ratio of 2.58. NOV has a one year low of $10.84 and a one year high of $17.12. The company has a 50 day moving average price of $12.90 and a two-hundred day moving average price of $13.09.

Hedge Funds Weigh In On NOV

A number of hedge funds have recently made changes to their positions in the stock. Banque Cantonale Vaudoise acquired a new position in shares of NOV during the 1st quarter valued at $25,000. CoreFirst Bank & Trust acquired a new position in shares of NOV during the 2nd quarter valued at $35,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of NOV during the 1st quarter valued at $36,000. CX Institutional acquired a new position in shares of NOV during the 1st quarter valued at $42,000. Finally, Hantz Financial Services Inc. lifted its holdings in shares of NOV by 395.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,660 shares of the oil and gas exploration company's stock valued at $45,000 after acquiring an additional 2,921 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company's stock.

NOV Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Friday, September 12th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, September 12th. NOV's dividend payout ratio (DPR) is 24.59%.

NOV Company Profile

NOV Inc designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.

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