Positive News SentimentPositive NewsNYSE:BORR Borr Drilling (BORR) Stock Forecast, Price & News $7.10 -0.15 (-2.07%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$7.00▼$7.2550-Day Range$6.81▼$8.9052-Week Range$3.29▼$9.01Volume1.08 million shsAverage Volume1.36 million shsMarket Capitalization$1.08 billionP/E RatioN/ADividend YieldN/APrice Target$9.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Borr Drilling MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside26.8% Upside$9.00 Price TargetShort InterestBearish5.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.75 out of 5 starsOils/Energy Sector212th out of 248 stocksDrilling Oil & Gas Wells Industry10th out of 12 stocks 3.3 Analyst's Opinion Consensus RatingBorr Drilling has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.00, Borr Drilling has a forecasted upside of 26.8% from its current price of $7.10.Amount of Analyst CoverageBorr Drilling has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.50% 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 7.4.Change versus previous monthShort interest in Borr Drilling has recently decreased by 2.68%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldBorr Drilling does not currently pay a dividend.Dividend GrowthBorr Drilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BORR. Previous Next 3.2 News and Social Media Coverage News SentimentBorr Drilling has a news sentiment score of 1.72. 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 higher news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Borr Drilling this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for BORR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows5 people have added Borr Drilling to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 0.8 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 Institutions51.36% of the stock of Borr Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Borr Drilling is -16.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Borr Drilling is -16.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBorr Drilling has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Borr Drilling (NYSE:BORR) StockBorr 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.Read More BORR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BORR Stock News HeadlinesSeptember 8, 2023 | finance.yahoo.comUnveiling Borr Drilling (BORR)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 8, 2023 | finance.yahoo.comIs Borr Drilling Ltd (BORR) Set to Underperform? Analyzing the Factors Limiting GrowthSeptember 30, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 7, 2023 | msn.comTransocean: Registration Statement For Largest Shareholder No Reason To Worry - BuyAugust 31, 2023 | finance.yahoo.comBorr Drilling Limited: 2023 AGM Results NotificationAugust 31, 2023 | finance.yahoo.comBorr Drilling Limited: 2023 AGM Results NotificationAugust 29, 2023 | seekingalpha.comBorr Drilling shares up after announcing Letter of AwardAugust 29, 2023 | benzinga.comBorr Drilling Clinches $211M in Drilling Contracts For Dual Jack-Up Rigs In West AfricaSeptember 30, 2023 | Legacy Research (Ad)Reverse ‘money machines’ popping up across AmericaIf you’ve been to a concert venue, stadium, or airport, you’ve almost certainly walked by one without knowing. The experts are calling it a 'Reverse ATM' Why are these machines suddenly appearing out of nowhere? And what does it mean for your money?August 29, 2023 | finance.yahoo.comBorr Drilling Limited - Announcement of Letter of AwardAugust 18, 2023 | finance.yahoo.comBorr Drilling Limited (NYSE:BORR) Q2 2023 Earnings Call TranscriptAugust 18, 2023 | msn.comBorr Drilling: Q2 Results And Outlook Disappoint - Buy On WeaknessAugust 17, 2023 | seekingalpha.comBorr Drilling Limited 2023 Q2 - Results - Earnings Call PresentationAugust 17, 2023 | finance.yahoo.comBorr Drilling Limited - Q2 2023 PresentationAugust 17, 2023 | finance.yahoo.comBorr Drilling Limited Announces Second Quarter and Six Months 2023 ResultsAugust 16, 2023 | seekingalpha.comBorr Drilling Q2 2023 Earnings PreviewAugust 16, 2023 | uk.finance.yahoo.comBORR - Borr Drilling LimitedAugust 8, 2023 | finance.yahoo.comBorr Drilling Limited - Invitation to webcast and conference call Q2 2023 resultsAugust 6, 2023 | thetimes.co.ukA rigged system: why North Sea oil workers fear for their futureJuly 31, 2023 | finance.yahoo.comBorr Drilling Limited - Announcement of Letters of AwardJuly 19, 2023 | finance.yahoo.com3 Small-Cap Stocks to Buy for 3X Returns PotentialJuly 6, 2023 | finance.yahoo.comBorr Drilling Limited - Notice of Annual General Meeting 2023July 5, 2023 | finance.yahoo.com3 Turnaround Stocks to Buy for Massive Upside PotentialJune 29, 2023 | finance.yahoo.comBorr Drilling Limited - 2023 Annual General Meeting dateJune 23, 2023 | seekingalpha.comBorr Drilling secures $41M contract extension from Valeura EnergyJune 23, 2023 | benzinga.comBorr Drilling Announces Contract Extension Worth $41M from Valeura Energy in ThailandJune 23, 2023 | finance.yahoo.comBorr Drilling Limited - Announcement of contract extensionSee 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 BORR Company Calendar Last Earnings8/17/2023Today9/30/2023Next Earnings (Estimated)11/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Drilling oil & gas wells Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:BORR CUSIPN/A CIK1715497 Webwww.borrdrilling.com Phone(441) 542-9234FaxN/AEmployees2,504Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.00 High Stock Price Forecast$10.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+26.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.42) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-292,800,000.00 Net Margins-13.44% Pretax Margin-7.60% Return on Equity-8.33% Return on Assets-2.43% Debt Debt-to-Equity Ratio1.70 Current Ratio0.86 Quick Ratio0.86 Sales & Book Value Annual Sales$443.80 million Price / Sales2.44 Cash FlowN/A Price / Cash FlowN/A Book Value$5.89 per share Price / Book1.21Miscellaneous Outstanding Shares152,490,000Free Float140,448,000Market Cap$1.08 billion OptionableNot Optionable Beta3.26 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. 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 More ExecutivesKey CompetitorsNabors IndustriesNYSE:NBRPrecision DrillingNYSE:PDSHighPeak EnergyNASDAQ:HPKPatterson-UTI EnergyNASDAQ:PTENHelmerich & PayneNYSE:HPView All CompetitorsInstitutional OwnershipBarclays PLCSold 732,477 shares on 9/21/2023Ownership: 0.946%Goldman Sachs Group Inc.Sold 141,673 shares on 8/15/2023Ownership: 0.261%Wells Fargo & Company MNBought 57,936 shares on 8/15/2023Ownership: 0.063%Bayesian Capital Management LPBought 41,200 shares on 8/15/2023Ownership: 0.027%Quadrature Capital LtdSold 190,577 shares on 8/15/2023Ownership: 0.022%View All Institutional Transactions 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 year. 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 1 year price objectives for Borr Drilling's stock. 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 26.8% 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 2023. Since then, BORR stock has increased by 42.9% and is now trading at $7.10. View the best growth stocks for 2023 here. 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) announced its quarterly earnings results on Thursday, August, 17th. The company reported $0.08 EPS for the quarter, hitting the consensus estimate of $0.08. The company earned $187.50 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. When did Borr Drilling's stock split? Borr Drilling shares 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 closing bell 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 IPO 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 served 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." 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 $7.10. How much money does Borr Drilling make? Borr Drilling (NYSE:BORR) has a market capitalization of $1.08 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 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Borr Drilling Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.