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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
NYSE:BORR

Borr Drilling (BORR) Stock Forecast, Price & News

$6.88
-0.02 (-0.29%)
(As of 09/22/2023 ET)
Compare
Today's Range
$6.85
$7.10
50-Day Range
$6.81
$8.90
52-Week Range
$3.22
$9.01
Volume
910,232 shs
Average Volume
1.46 million shs
Market Capitalization
$1.05 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Borr Drilling MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
30.8% Upside
$9.00 Price Target
Short Interest
Bearish
5.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.60 out of 5 stars

Oils/Energy Sector

220th out of 244 stocks

Drilling Oil & Gas Wells Industry

11th out of 11 stocks


BORR stock logo

About Borr Drilling (NYSE:BORR) Stock

Borr Drilling Limited operates as an offshore 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.

BORR Price History

BORR Stock News Headlines

Borr Drilling (NYSE:BORR) Sees Strong Trading Volume
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Borr Drilling Limited: 2023 AGM Results Notification
Borr Drilling Limited: 2023 AGM Results Notification
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Borr Drilling Limited - Announcement of Letter of Award
Borr Drilling Limited - Q2 2023 Presentation
Borr Drilling Q2 2023 Earnings Preview
BORR - Borr Drilling Limited
3 Small-Cap Stocks to Buy for 3X Returns Potential
See More Headlines
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BORR Company Calendar

Last Earnings
8/17/2023
Today
9/24/2023
Next Earnings (Estimated)
11/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Fax
N/A
Employees
2,504
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.00
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+30.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-292,800,000.00
Pretax Margin
-7.60%

Debt

Sales & Book Value

Annual Sales
$443.80 million
Book Value
$5.89 per share

Miscellaneous

Free Float
140,448,000
Market Cap
$1.05 billion
Optionable
Not Optionable
Beta
3.26
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Key Executives

  • Mr. Patrick Arnold Henk Schorn (Age 54)
    Chief Exec. Officer
  • Mr. Magnus Vaaler (Age 39)
    Chief Financial Officer
  • Mr. Tor Olav Troim (Age 60)
    Founder & Chairman
  • Mr. Rune Magnus Lundetrae (Age 46)
    Deputy Chief Exec. Officer
  • Ms. Mi Hong Yoon (Age 52)
    Company Sec. & Director
  • Mr. Daniel W. Rabun (Age 68)
    Company Sec. & Director













BORR Stock - Frequently Asked Questions

Should I buy or sell Borr Drilling stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Borr Drilling in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BORR shares.
View BORR analyst ratings
or view top-rated stocks.

What is Borr Drilling's stock price forecast for 2023?

2 Wall Street research analysts have issued 12 month price targets for Borr Drilling's shares. Their BORR share price forecasts range from $8.00 to $10.00. On average, they predict the company's share price to reach $9.00 in the next year. This suggests a possible upside of 30.8% from the stock's current price.
View analysts price targets for BORR
or view top-rated stocks among Wall Street analysts.

How have BORR shares performed in 2023?

Borr Drilling's stock was trading at $4.97 at the beginning of the year. Since then, BORR stock has increased by 38.4% and is now trading at $6.88.
View the best growth stocks for 2023 here
.

Are investors shorting Borr Drilling?

Borr Drilling saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 11,770,000 shares, a drop of 11.6% from the July 31st total of 13,310,000 shares. Based on an average daily trading volume, of 1,550,000 shares, the days-to-cover ratio is presently 7.6 days. Approximately 5.6% of the company's shares are sold short.
View Borr Drilling's Short Interest
.

When is Borr Drilling's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our BORR earnings forecast
.

How were Borr Drilling's earnings last quarter?

Borr Drilling Limited (NYSE:BORR) posted its quarterly earnings results on Thursday, August, 17th. The company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. The company earned $187.50 million during the quarter, compared to the consensus estimate of $179.06 million. Borr Drilling had a negative net margin of 13.44% and a negative trailing twelve-month return on equity of 8.33%. The firm's revenue was up 78.1% on a year-over-year basis.

When did Borr Drilling's stock split?

Shares of Borr Drilling reverse split on 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.

What other stocks do shareholders of Borr Drilling own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Borr Drilling investors own include LadRx (CYTR), Akorn (AKRXQ), Akers Biosciences (AKER), Akebia Therapeutics (AKBA), Adamis Pharmaceuticals (ADMP), ADMA Biologics (ADMA), Acasti Pharma (ACST), AcelRx Pharmaceuticals (ACRX), Acorda Therapeutics (ACOR) and Aurora Cannabis (ACB).

When did Borr Drilling IPO?

(BORR) raised $51 million in an initial public offering on Wednesday, July 31st 2019. The company issued 5,000,000 shares at a price of $10.16 per share. Goldman Sachs and DNB Markets acted as the underwriters for the IPO and BTIG, Citigroup, Danske Markets and Evercore ISI were co-managers.

What is Borr Drilling's stock symbol?

Borr Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "BORR."

Who are Borr Drilling's major shareholders?

Borr Drilling's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.15%), Capital International Investors (6.17%), State Street Corp (2.24%), Geode Capital Management LLC (1.43%), Northern Trust Corp (1.02%) and Barclays PLC (0.95%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Borr Drilling's stock price today?

One share of BORR stock can currently be purchased for approximately $6.88.

How much money does Borr Drilling make?

Borr Drilling (NYSE:BORR) has a market capitalization of $1.05 billion and generates $443.80 million in revenue each year. The company earns $-292,800,000.00 in net income (profit) each year or ($0.42) on an earnings per share basis.

How many employees does Borr Drilling have?

The company employs 2,504 workers across the globe.

How can I contact Borr Drilling?

Borr Drilling's mailing address is S. E. PEARMAN BUILDING 2ND FL 9 PAR-LA-VILLE ROAD, HAMILTON D0, HM 11. The official website for the company is www.borrdrilling.com. The company can be reached via phone at (441) 542-9234 or via email at ir@borrdrilling.com.

This page (NYSE:BORR) was last updated on 9/24/2023 by MarketBeat.com Staff

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