NYSE:BORR Borr Drilling - BORR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $7.82 +0.10 (+1.30%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.58▼$7.8450-Day Range$5.69▼$7.7252-Week Range$2.45▼$7.84Volume1.51 million shsAverage Volume1.87 million shsMarket Capitalization$1.19 billionP/E RatioN/ADividend YieldN/APrice Target$9.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Borr Drilling MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside15.1% Upside$9.00 Price TargetShort InterestBearish5.03% 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.0.90 out of 5 starsOils/Energy Sector245th out of 250 stocksDrilling Oil & Gas Wells Industry10th out of 10 stocks 2.4 Analyst's Opinion Consensus RatingBorr Drilling has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 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 15.1% from its current price of $7.82.Amount of Analyst CoverageBorr Drilling has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.03% 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 6.3.Change versus previous monthShort interest in Borr Drilling has recently increased by 2.88%, indicating that investor sentiment is decreasing. 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 0.0 News and Social Media Coverage Search InterestOnly 21 people have searched for BORR on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Borr Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 0.0 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 InstitutionsOnly 30.55% of the stock of Borr Drilling is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Borr Drilling is -4.27, 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 -4.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Borr Drilling (NYSE:BORR) StockBorr Drilling Ltd. engages in the provision of offshore drilling services to the oil and gas industry. It operates through Dayrate; and Integrated Well Services (IWS) segments. The Dayrate segment consists of rig charters and ancillary services. The IWS segment provides integrated well services through Opex and Akal. The company was founded by Tor Olav Trøim on August 8, 2016 and is headquartered in Hamilton, Bermuda.Read More 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 Stock News HeadlinesMarch 21, 2023 | marketwatch.comOffshore Drilling Market Size 2023 ,Trends, Scope, Drivers, Industry Analysis by Top Companies and Forecast 2026March 20, 2023 | americanbankingnews.comValaris (NYSE:VAL) & Borr Drilling (NYSE:BORR) Head to Head ReviewMarch 30, 2023 | WealthPop (Ad)Adam Mesh: “This Strategy Saved My Trading Career”Adam Mesh was $50,000 in the hole - and ready to quit trading for good… Until he discovered the secret to unlocking double-digit income. This strategy has averaged 64% average gains in the last three years. Adam is hosting a free session to show ordinary folks how to execute this incredible strategy. Click here to let Adam show you how it’s done. March 16, 2023 | finance.yahoo.com4 Stocks Under $10 to Buy Before They DoubleFebruary 16, 2023 | finance.yahoo.comBorr Drilling Limited - Q4 2022 PresentationFebruary 16, 2023 | msn.comBorr Drilling reports Q4 earnings; initiates FY23 Adjusted EBITDA guidanceFebruary 16, 2023 | finance.yahoo.comBorr Drilling Limited Announces Fourth Quarter and Full Year 2022 Preliminary ResultsFebruary 14, 2023 | finance.yahoo.comBorr Drilling Limited - Invitation to webcast and conference call Q4 2022 resultsMarch 30, 2023 | WealthPop (Ad)Adam Mesh: “This Strategy Saved My Trading Career”Adam Mesh was $50,000 in the hole - and ready to quit trading for good… Until he discovered the secret to unlocking double-digit income. This strategy has averaged 64% average gains in the last three years. Adam is hosting a free session to show ordinary folks how to execute this incredible strategy. Click here to let Adam show you how it’s done. February 13, 2023 | msn.comBorr Drilling announces new contracts and extensionsFebruary 13, 2023 | finance.yahoo.comBorr Drilling Limited - Announcement of new contract and extensionsFebruary 6, 2023 | marketwatch.comOffshore Oil and Gas Drilling Market Size, Share, Growth Statistics, Leading Players and Forecast 2028January 25, 2023 | msn.comBorr Drilling sinks despite improved full-year guidanceJanuary 24, 2023 | seekingalpha.comBorr Drilling: Impressive Results And Outlook - BuyJanuary 24, 2023 | finance.yahoo.comBorr Drilling Limited - Updated 2022 and 2023 guidanceDecember 30, 2022 | marketwatch.comBorr Drilling Shares Jump 10.5% on New ContractsDecember 30, 2022 | msn.comBorr Drilling rises after bagging contracts for jack-up drilling rigsDecember 30, 2022 | markets.businessinsider.comWhy Borr Drilling Shares Are Trading HigherDecember 2, 2022 | markets.businessinsider.comGold Down 1%; Samsara Shares Spike HigherNovember 25, 2022 | msn.comKeppel O&M receives US$160m for delivery of 1 of 3 jackup rigs to ADNOCNovember 21, 2022 | seekingalpha.comBorr Drilling: Constructive Outlook Despite Convertible Debt OverhangNovember 17, 2022 | seekingalpha.comBorr Drilling Limited (BORR) Q3 2022 Earnings Call TranscriptNovember 17, 2022 | finance.yahoo.comBorr Drilling Limited - Q3 2022 PresentationNovember 17, 2022 | finance.yahoo.comBorr Drilling Limited Announces Third Quarter and Nine Months 2022 Preliminary ResultsNovember 15, 2022 | finance.yahoo.comBorr Drilling Limited - Invitation to webcast and conference call Q3 2022 resultsOctober 21, 2022 | seekingalpha.comBorr Drilling wins five new drilling contracts in Mexico worth $715MOctober 20, 2022 | finance.yahoo.comBorr Drilling Limited - New 3-year contracts for 5 jack-up drilling rigs in MexicoSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings2/15/2023Today3/29/2023Next Earnings (Estimated)5/30/2023Fiscal 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/AEmployees1,926Year 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+15.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.83) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-292,800,000.00 Net Margins-65.98% Pretax Margin-81.88% Return on Equity-19.32% Return on Assets-5.15% Debt Debt-to-Equity Ratio0.31 Current Ratio0.32 Quick Ratio0.32 Sales & Book Value Annual Sales$364.30 million Price / Sales3.27 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares152,495,000Free Float140,448,000Market Cap$1.19 billion OptionableNot Optionable Beta3.29 Key ExecutivesPatrick SchornChief Executive OfficerMagnus VaalerChief Financial OfficerMi Hong YoonSecretary & DirectorJehan MawjeeChief Accounting OfficerKey CompetitorsNabors IndustriesNYSE:NBRPrecision DrillingNYSE:PDSPatterson-UTI EnergyNASDAQ:PTENHighPeak EnergyNASDAQ:HPKHelmerich & PayneNYSE:HPView All CompetitorsInstitutional OwnershipNatixisBought 45,215 shares on 2/24/2023Ownership: 0.030%Alliancebernstein L.P.Bought 58,100 shares on 2/16/2023Ownership: 0.136%Susquehanna Fundamental Investments LLCSold 18,207 shares on 2/15/2023Ownership: 0.135%Morgan StanleySold 19,498 shares on 2/15/2023Ownership: 0.073%Squarepoint Ops LLCBought 28,395 shares on 2/15/2023Ownership: 0.019%View All Institutional Transactions BORR Stock - Frequently Asked Questions Should I buy or sell Borr Drilling stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Borr Drilling in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BORR shares. View BORR analyst ratings or view top-rated stocks. What is Borr Drilling's stock price forecast for 2023? 4 brokerages have issued 12 month target prices for Borr Drilling's stock. Their BORR share price forecasts range from $8.00 to $10.00. On average, they expect the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 15.1% 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 on January 1st, 2023. Since then, BORR shares have increased by 57.3% and is now trading at $7.82. View the best growth stocks for 2023 here. Are investors shorting Borr Drilling? Borr Drilling saw a increase in short interest in February. As of February 28th, there was short interest totaling 10,770,000 shares, an increase of 12.4% from the February 13th total of 9,580,000 shares. Based on an average trading volume of 1,510,000 shares, the days-to-cover ratio is currently 7.1 days. Currently, 5.0% of the company's stock are short sold. 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 Tuesday, May 30th 2023. View our BORR earnings forecast. How were Borr Drilling's earnings last quarter? Borr Drilling Limited (NYSE:BORR) posted its earnings results on Wednesday, February, 15th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm earned $148.60 million during the quarter. Borr Drilling had a negative net margin of 65.98% and a negative trailing twelve-month return on equity of 19.32%. When did Borr Drilling's stock split? Borr Drilling shares 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 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 guidance has Borr Drilling issued on next quarter's earnings? Borr Drilling issued an update on its fourth quarter 2022 earnings guidance on Tuesday, January, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $140.00 million-$155.00 million, compared to the consensus revenue estimate of $134.40 million. 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 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 a variety of institutional and retail investors. Top institutional investors include Skandinaviska Enskilda Banken AB publ (2.46%), Encompass Capital Advisors LLC (1.64%), Geode Capital Management LLC (1.16%), Bank of Montreal Can (0.86%), Renaissance Technologies LLC (0.75%) and Barclays PLC (0.69%). 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 $7.82. How much money does Borr Drilling make? Borr Drilling (NYSE:BORR) has a market capitalization of $1.19 billion and generates $364.30 million in revenue each year. The company earns $-292,800,000.00 in net income (profit) each year or ($1.83) on an earnings per share basis. How many employees does Borr Drilling have? The company employs 1,926 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 3/30/2023 by MarketBeat.com Staff 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. 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