FY2025 Earnings Forecast for NBR Issued By Zacks Research

Key Points

• Zacks Research has revised the FY2025 earnings per share (EPS) estimate for Nabors Industries to ($14.50), a decrease from the previous estimate of ($14.21).
• Royal Bank of Canada raised its price target for Nabors Industries from $45.00 to $47.00, while Barclays lowered its target price from $53.00 to $28.00.
• Nabors Industries reported a quarterly EPS of ($2.71), missing analysts' expectations, despite a 12.1% increase in revenue compared to the same quarter last year.

Nabors Industries Ltd. (NYSE:NBR - Free Report) - Research analysts at Zacks Research cut their FY2025 earnings per share estimates for Nabors Industries in a research note issued on Wednesday, September 10th. Zacks Research analyst Team now anticipates that the oil and gas company will earn ($14.50) per share for the year, down from their prior estimate of ($14.21). The consensus estimate for Nabors Industries' current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries' Q4 2025 earnings at ($2.07) EPS, Q1 2026 earnings at ($2.21) EPS, Q2 2026 earnings at ($1.80) EPS, Q3 2026 earnings at ($1.62) EPS, Q4 2026 earnings at ($1.61) EPS, FY2026 earnings at ($7.24) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at ($1.07) EPS and FY2027 earnings at ($1.02) EPS.

A number of other brokerages also recently issued reports on NBR. JPMorgan Chase & Co. dropped their price target on shares of Nabors Industries from $38.00 to $25.00 and set an "underweight" rating on the stock in a report on Wednesday, May 28th. Royal Bank Of Canada raised their price target on Nabors Industries from $45.00 to $47.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 21st. Piper Sandler reissued an "underweight" rating and issued a $32.00 target price (up from $30.00) on shares of Nabors Industries in a research report on Thursday, August 14th. Finally, Susquehanna raised their target price on Nabors Industries from $37.00 to $39.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 27th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus target price of $43.00.

Nabors Industries Stock Performance

Shares of Nabors Industries stock traded up $0.27 during trading on Friday, hitting $41.92. 98,076 shares of the company's stock traded hands, compared to its average volume of 470,398. The company has a debt-to-equity ratio of 4.17, a current ratio of 1.79 and a quick ratio of 1.63. Nabors Industries has a 1 year low of $23.27 and a 1 year high of $86.10. The stock has a market capitalization of $659.81 million, a P/E ratio of -2.98 and a beta of 1.60. The business has a 50-day simple moving average of $35.13 and a 200-day simple moving average of $33.41.

Nabors Industries (NYSE:NBR - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The oil and gas company reported ($2.71) EPS for the quarter, missing the consensus estimate of ($2.05) by ($0.66). Nabors Industries had a negative net margin of 3.51% and a negative return on equity of 35.99%. The firm had revenue of $832.79 million for the quarter, compared to analysts' expectations of $857.98 million. During the same period last year, the company posted ($4.29) earnings per share. The business's revenue for the quarter was up 12.1% compared to the same quarter last year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new position in shares of Nabors Industries during the 4th quarter valued at $36,000. GAMMA Investing LLC boosted its stake in shares of Nabors Industries by 520.2% in the first quarter. GAMMA Investing LLC now owns 1,073 shares of the oil and gas company's stock worth $45,000 after acquiring an additional 900 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Nabors Industries by 3,866.7% in the first quarter. Russell Investments Group Ltd. now owns 1,309 shares of the oil and gas company's stock worth $55,000 after acquiring an additional 1,276 shares during the period. Ameritas Investment Partners Inc. boosted its stake in shares of Nabors Industries by 58.5% in the second quarter. Ameritas Investment Partners Inc. now owns 1,444 shares of the oil and gas company's stock worth $40,000 after acquiring an additional 533 shares during the period. Finally, State of Wyoming boosted its stake in shares of Nabors Industries by 20.5% in the first quarter. State of Wyoming now owns 2,941 shares of the oil and gas company's stock worth $123,000 after acquiring an additional 500 shares during the period. Hedge funds and other institutional investors own 81.92% of the company's stock.

Insiders Place Their Bets

In other Nabors Industries news, major shareholder Varde Partners Inc sold 312,378 shares of Nabors Industries stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $41.04, for a total transaction of $12,819,993.12. Following the transaction, the insider owned 1,406,052 shares of the company's stock, valued at $57,704,374.08. The trade was a 18.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 7.29% of the stock is owned by corporate insiders.

About Nabors Industries

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software.