Q2 Earnings Estimate for NOV Issued By Capital One Financial

Key Points

• Capital One Financial has revised its Q2 2026 earnings per share estimate for NOV Inc. from $0.27 to $0.26, with a full-year consensus estimate of $1.40 per share.
• Analysts have mixed ratings on NOV, with six ratings as "Buy," nine as "Hold," and three as "Sell," while the consensus target price is set at $15.79.
• NOV recently declared a quarterly dividend of $0.075, representing an annualized yield of 2.3% and a payout ratio of 24.59%.

NOV Inc. (NYSE:NOV - Free Report) - Stock analysts at Capital One Financial reduced their Q2 2026 earnings per share estimates for shares of NOV in a report issued on Monday, October 20th. Capital One Financial analyst D. Becker now anticipates that the oil and gas exploration company will post earnings per share of $0.26 for the quarter, down from their prior estimate of $0.27. The consensus estimate for NOV's current full-year earnings is $1.40 per share. Capital One Financial also issued estimates for NOV's Q3 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.32 EPS and FY2026 earnings at $1.06 EPS.

NOV has been the subject of a number of other reports. Royal Bank Of Canada decreased their price target on NOV from $19.00 to $18.00 and set an "outperform" rating for the company in a research note on Wednesday, July 30th. Susquehanna set a $17.00 target price on NOV and gave the company a "positive" rating in a research report on Wednesday, July 30th. Piper Sandler decreased their target price on NOV from $16.00 to $14.00 and set a "neutral" rating for the company in a research report on Thursday, August 14th. Citigroup lifted their target price on NOV from $13.00 to $14.00 and gave the company a "neutral" rating in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus decreased their target price on NOV from $22.00 to $20.00 and set a "buy" rating for the company in a research report on Wednesday, July 30th. Six equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $15.79.

NOV Price Performance

Shares of NOV stock opened at $13.09 on Wednesday. NOV has a 52-week low of $10.84 and a 52-week high of $16.86. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.72 and a current ratio of 2.58. The firm has a market capitalization of $4.86 billion, a P/E ratio of 10.73, a P/E/G ratio of 3.80 and a beta of 1.26. The stock has a 50 day moving average price of $12.99 and a 200 day moving average price of $12.76.

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

NOV Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 12th were given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, September 12th. NOV's payout ratio is presently 24.59%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Gateway Investment Advisers LLC raised its position in shares of NOV by 1,845.9% in the 3rd quarter. Gateway Investment Advisers LLC now owns 235,081 shares of the oil and gas exploration company's stock worth $3,115,000 after acquiring an additional 223,000 shares in the last quarter. Olstein Capital Management L.P. raised its position in shares of NOV by 21.4% in the 3rd quarter. Olstein Capital Management L.P. now owns 51,000 shares of the oil and gas exploration company's stock worth $676,000 after acquiring an additional 9,000 shares in the last quarter. Ninety One UK Ltd grew its stake in NOV by 1.6% during the 3rd quarter. Ninety One UK Ltd now owns 1,426,960 shares of the oil and gas exploration company's stock worth $18,907,000 after buying an additional 22,390 shares during the last quarter. Voya Investment Management LLC grew its stake in NOV by 239.0% during the 3rd quarter. Voya Investment Management LLC now owns 141,506 shares of the oil and gas exploration company's stock worth $1,875,000 after buying an additional 99,765 shares during the last quarter. Finally, Fiduciary Alliance LLC purchased a new position in NOV during the 3rd quarter worth $1,020,000. 93.27% of the stock is owned by institutional investors.

About NOV

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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