Noble (NE) Set to Post Earnings on Monday

Key Points

• Noble is expected to report third-quarter 2026 results after Monday’s market close. Analysts forecast earnings of $0.2406 per share on revenue of $713.84 million, with the conference call scheduled for Tuesday, October 27.
• The offshore drilling contractor missed earnings expectations in the prior quarter, reporting $0.01 per share versus the $0.15 consensus estimate, while revenue declined 15.2% year over year to $719.69 million.
• Noble pays a quarterly dividend of $0.50 per share, equating to a 4.5% yield, but its payout ratio is elevated at 215.05%. Analysts maintain an overall “Hold” rating with an average price target of $45.29.

Noble (NYSE:NE - Get Free Report) is expected to announce its Q3 2026 results after the market closes on Monday, October 26th. Analysts expect Noble to announce earnings of $0.2406 per share and revenue of $713.84 million for the quarter. Investors can find conference call details on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 9:00 AM ET.

Noble (NYSE:NE - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.14). Noble had a net margin of 4.88% and a return on equity of 1.93%. The business had revenue of $719.69 million for the quarter, compared to analysts' expectations of $697.98 million. During the same period last year, the business earned $0.27 earnings per share. The company's revenue was down 15.2% on a year-over-year basis. On average, analysts expect Noble to post $0.47 EPS for the current fiscal year and $1.97 EPS for the next fiscal year.

Noble Trading Down 0.0%

NYSE:NE opened at $44.06 on Monday. Noble has a one year low of $27.12 and a one year high of $54.98. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.91 and a quick ratio of 1.91. The company's 50-day simple moving average is $44.39 and its 200 day simple moving average is $45.15. The firm has a market capitalization of $7.03 billion, a P/E ratio of 47.37 and a beta of 1.00.

Noble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.5%. Noble's dividend payout ratio (DPR) is currently 215.05%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on NE shares. Zacks Research upgraded shares of Noble from a "strong sell" rating to a "hold" rating in a report on Friday, October 9th. Citigroup restated a "neutral" rating on shares of Noble in a research note on Monday, September 7th. Susquehanna upped their price target on Noble from $40.00 to $44.00 and gave the stock a "neutral" rating in a research note on Monday, October 5th. Wall Street Zen lowered Noble from a "hold" rating to a "sell" rating in a research report on Saturday, August 1st. Finally, Fearnley Fonds upgraded Noble from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, Noble presently has an average rating of "Hold" and an average target price of $45.29.

About Noble

Noble Corporation plc NYSE: NE is an offshore drilling contractor that provides drilling services to oil and gas companies worldwide. The company operates a fleet of offshore drilling rigs, including drillships, semisubmersible rigs and jackup rigs, which are used for exploration, development and production activities in offshore oil and gas fields.

Noble's services include contract drilling, rig operations, well-construction support and related offshore services. Its fleet is designed to work in a range of water depths and operating environments, including deepwater and harsh-environment locations.

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