Q3 Earnings Forecast for NOV Issued By Capital One Financial

Key Points

• Capital One Financial has lowered its Q3 2025 earnings estimate for NOV Inc. from $0.27 to $0.26 per share, while maintaining a consensus full-year earnings estimate of $1.40 per share.
• The company reported Q2 earnings that missed consensus estimates, showing $0.29 per share against a $0.30 expectation, with a revenue decrease of 1.3% year-over-year.
• NOV also announced a quarterly dividend of $0.075 per share, representing a yield of 2.3%, with a payout ratio of 24.59%.

NOV Inc. (NYSE:NOV - Free Report) - Investment analysts at Capital One Financial decreased their Q3 2025 earnings per share estimates for NOV in a research report issued on Monday, September 15th. Capital One Financial analyst D. Becker now expects 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 Q4 2025 earnings at $0.27 EPS, Q1 2026 earnings at $0.22 EPS, Q1 2027 earnings at $0.27 EPS, Q2 2027 earnings at $0.33 EPS and FY2027 earnings at $1.37 EPS.

NOV (NYSE:NOV - Get Free Report) last announced its 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). The company had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.16 billion. NOV had a return on equity of 7.25% and a net margin of 5.36%.The firm's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period last year, the firm earned $0.57 earnings per share. NOV has set its Q3 2025 guidance at EPS.

Several other brokerages also recently weighed in on NOV. Wells Fargo & Company decreased their target price on NOV from $11.00 to $10.00 and set an "underweight" rating for the company in a research note on Thursday, June 5th. Stifel Nicolaus dropped 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. Evercore ISI decreased their target price on NOV from $15.00 to $14.00 and set an "in-line" rating for the company in a research note 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 note on Thursday, August 14th. Finally, JPMorgan Chase & Co. lowered NOV from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $17.00 to $15.00 in a report on Wednesday, July 30th. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $16.56.

NOV Stock Down 2.8%

NOV stock traded down $0.36 during mid-day trading on Wednesday, hitting $12.61. The stock had a trading volume of 7,565,051 shares, compared to its average volume of 3,127,115. The company has a current ratio of 2.58, a quick ratio of 1.72 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $4.68 billion, a price-to-earnings ratio of 10.34, a PEG ratio of 3.63 and a beta of 1.34. The company has a fifty day moving average of $12.83 and a 200 day moving average of $13.00. NOV has a 1-year low of $10.84 and a 1-year high of $17.12.

Institutional Trading of NOV

A number of institutional investors have recently modified their holdings of NOV. American Century Companies Inc. lifted its holdings in NOV by 585.8% in the second quarter. American Century Companies Inc. now owns 5,291,529 shares of the oil and gas exploration company's stock worth $65,774,000 after buying an additional 4,519,957 shares during the period. First Pacific Advisors LP boosted its holdings in shares of NOV by 101.0% during the 2nd quarter. First Pacific Advisors LP now owns 7,018,950 shares of the oil and gas exploration company's stock valued at $87,246,000 after purchasing an additional 3,526,754 shares during the last quarter. AQR Capital Management LLC raised its position in shares of NOV by 88.9% during the 1st quarter. AQR Capital Management LLC now owns 7,146,949 shares of the oil and gas exploration company's stock valued at $107,276,000 after buying an additional 3,362,853 shares in the last quarter. Ameriprise Financial Inc. raised its position in NOV by 401.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,165,518 shares of the oil and gas exploration company's stock worth $39,347,000 after purchasing an additional 2,534,815 shares during the period. Finally, Nuveen LLC bought a new position in shares of NOV during the first quarter valued at approximately $33,742,000. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

NOV Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 12th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.30 annualized dividend and a dividend yield of 2.4%. NOV's dividend payout ratio is presently 24.59%.

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.