NYSE:BORR Borr Drilling (BORR) Stock Price, News & Analysis $6.70 -0.04 (-0.59%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$6.62▼$6.8450-Day Range$5.83▼$7.2552-Week Range$5.19▼$9.01Volume2.86 million shsAverage Volume2.00 million shsMarket Capitalization$1.00 billionP/E Ratio39.44Dividend Yield1.49%Price Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Borr Drilling alerts: Email Address Borr Drilling MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside34.2% Upside$9.00 Price TargetShort InterestBearish4.20% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.32Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.14 out of 5 starsOils/Energy Sector165th out of 248 stocksDrilling Oil & Gas Wells Industry8th out of 13 stocks 3.0 Analyst's Opinion Consensus RatingBorr Drilling has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageBorr Drilling has received no research coverage in the past 90 days.Read more about Borr Drilling's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.20% of the float of Borr Drilling has been sold short.Short Interest Ratio / Days to CoverBorr Drilling has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Borr Drilling has recently increased by 7.17%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldBorr Drilling pays a meaningful dividend of 1.52%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBorr Drilling does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Borr Drilling is 58.82%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Borr Drilling's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BORR. Previous Next 2.4 News and Social Media Coverage News SentimentBorr Drilling has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Borr Drilling this week, compared to 3 articles on an average week.Search Interest5 people have searched for BORR on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows3 people have added Borr Drilling to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Borr Drilling insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.90% of the stock of Borr Drilling is held by insiders.Percentage Held by Institutions83.12% of the stock of Borr Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Borr Drilling's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Borr Drilling is 39.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Borr Drilling is 39.44, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.69.Price to Book Value per Share RatioBorr Drilling has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Borr Drilling's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWe’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! And how YOU can prepare for the next 2024 BOOM here! About Borr Drilling Stock (NYSE:BORR)Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry worldwide. The company owns, contracts, and operates jack-up drilling rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. It serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.Read More BORR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BORR Stock News HeadlinesJuly 26 at 9:08 AM | prnewswire.comBorr Drilling Limited - Contracting UpdateJuly 22, 2024 | investorplace.com3 Dividend Stocks to Buy Under $10 for 100% ReturnsJuly 26, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)Everyone’s talking about this new income hack that could generate triple digit returns on your money. 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While I kept the finer details of these $0.25 Cent Trades under wraps until recently…June 9, 2024 | seekingalpha.comBorr Drilling: Generous Dividend Increase Is A Strong Sign Of Confidence - HoldJune 7, 2024 | prnewswire.comBorr Drilling Limited - Notice of Annual General Meeting 2024June 4, 2024 | investorplace.com3 Under-$10 Dividend Stocks to Buy at a Valuation GapJune 3, 2024 | prnewswire.comBorr Drilling Limited - 2024 Annual General Meeting dateMay 23, 2024 | fool.comWhy Borr Drilling Rallied TodayMay 23, 2024 | msn.comBORR, HNRG among major energy gainersMay 23, 2024 | sfgate.comBorr Drilling: Q1 Earnings SnapshotMay 23, 2024 | msn.comBorr Drilling raises dividend by 100%May 23, 2024 | marketwatch.comBorr Drilling Shares Climb 12% on 1Q Revenue Beat, Dividend IncreaseSee More Headlines Receive BORR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Borr Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/23/2024Ex-Dividend for 6/17 Dividend6/03/2024Dividend Payable6/17/2024Today7/26/2024Next Earnings (Estimated)8/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:BORR CUSIPN/A CIK1715497 Webwww.borrdrilling.com Phone(441) 542-9234FaxN/AEmployees2,869Year FoundedN/APrice Target and Rating Average Stock Price Target$9.00 High Stock Price Target$9.00 Low Stock Price Target$9.00 Potential Upside/Downside+32.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.17 Trailing P/E Ratio39.88 Forward P/E RatioN/A P/E GrowthN/ANet Income$22.10 million Net Margins5.27% Pretax Margin9.69% Return on Equity4.62% Return on Assets1.41% Debt Debt-to-Equity Ratio1.82 Current Ratio1.60 Quick Ratio1.60 Sales & Book Value Annual Sales$771.60 million Price / SalesN/A Cash Flow$0.97 per share Price / Cash Flow7.00 Book Value$6.45 per share Price / Book1.05Miscellaneous Outstanding SharesN/AFree FloatN/AMarket Cap$1.00 billion OptionableOptionable Beta3.07 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Patrick Arnold Henk Schorn (Age 55)CEO & Director Mr. Magnus Vaaler (Age 41)Chief Financial Officer Mr. Tor Olav Troim (Age 61)Founder & Chairman of the Board Andreas Lavik LieVP of Treasury & IRBruno MorandChief Commercial OfficerMs. Mi Hong Yoon (Age 54)Company Secretary & Director More ExecutivesKey CompetitorsPatterson-UTI EnergyNASDAQ:PTENHelmerich & PayneNYSE:HPHighPeak EnergyNASDAQ:HPKPrecision DrillingNYSE:PDSNabors IndustriesNYSE:NBRView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 180,910 shares on 7/26/2024Ownership: 0.000%SG Americas Securities LLCBought 43,762 shares on 7/12/2024Ownership: 0.000%California State Teachers Retirement SystemSold 14,073 shares on 5/16/2024Ownership: 0.015%Price T Rowe Associates Inc. MDBought 7,979 shares on 5/15/2024Ownership: 0.041%Capital International SarlBought 44,146 shares on 5/14/2024Ownership: 0.257%View All Institutional Transactions BORR Stock Analysis - Frequently Asked Questions How have BORR shares performed this year? Borr Drilling's stock was trading at $7.36 at the start of the year. Since then, BORR shares have decreased by 8.9% and is now trading at $6.7050. View the best growth stocks for 2024 here. How were Borr Drilling's earnings last quarter? Borr Drilling Limited (NYSE:BORR) announced its earnings results on Thursday, May, 23rd. The company reported $0.06 EPS for the quarter. The company had revenue of $234 million for the quarter. Borr Drilling had a net margin of 5.27% and a trailing twelve-month return on equity of 4.62%. When did Borr Drilling's stock split? Borr Drilling's stock reverse split on the morning of Tuesday, December 14th 2021. The 1-2 reverse split was announced on Tuesday, December 14th 2021. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, December 14th 2021. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split. When did Borr Drilling IPO? Borr Drilling (BORR) raised $51 million in an initial public offering on Wednesday, July 31st 2019. The company issued 5,000,000 shares at $10.16 per share. Goldman Sachs and DNB Markets served as the underwriters for the IPO and BTIG, Citigroup, Danske Markets and Evercore ISI were co-managers. Who are Borr Drilling's major shareholders? Top institutional shareholders of Borr Drilling include Bank of New York Mellon Corp and SG Americas Securities LLC. How do I buy shares of Borr Drilling? Shares of BORR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Borr Drilling own? Based on aggregate information from My MarketBeat watchlists, some other companies that Borr Drilling investors own include LadRx (CYTR), Akorn (AKRXQ), Akers Biosciences (AKER), Akebia Therapeutics (AKBA), Adamis Pharmaceuticals (ADMP), ADMA Biologics (ADMA) and Acasti Pharma (ACST). This page (NYSE:BORR) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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