NYSE:BORR Borr Drilling (BORR) Stock Forecast, Price & News $7.49 +0.17 (+2.32%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$7.38▼$7.5850-Day Range$6.66▼$8.0952-Week Range$2.45▼$8.13Volume1.19 million shsAverage Volume926,525 shsMarket Capitalization$1.14 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 Buy2.75 Rating ScoreUpside/Downside20.2% Upside$9.00 Price TargetShort InterestBearish5.89% 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.1.01 out of 5 starsOils/Energy Sector245th out of 245 stocksDrilling Oil & Gas Wells Industry11th out of 11 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 20.2% from its current price of $7.49.Amount of Analyst CoverageBorr Drilling has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.89% 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 8.Change versus previous monthShort interest in Borr Drilling has recently decreased by 0.24%, 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 0.0 News and Social Media Coverage Search InterestOnly 2 people have searched for BORR on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Borr Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 -4.96, 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 -4.96, 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 1.26. 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 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 HeadlinesMay 24, 2023 | americanbankingnews.comHighPeak Energy (NASDAQ:HPKEW) versus Borr Drilling (NYSE:BORR) Head-To-Head ReviewMay 23, 2023 | msn.comRecap: Borr Drilling Q1 EarningsJune 4, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. May 23, 2023 | seekingalpha.comBorr Drilling Limited 2023 Q1 - Results - Earnings Call PresentationMay 23, 2023 | finance.yahoo.comBorr Drilling Limited - Q1 2023 PresentationMay 23, 2023 | msn.comBorr Drilling reports Q1 resultsMay 23, 2023 | finance.yahoo.comBorr Drilling Limited Announces First QuarterMay 22, 2023 | msn.comEarnings Preview: Borr DrillingJune 4, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 22, 2023 | americanbankingnews.comBorr Drilling (BORR) Set to Announce Quarterly Earnings on TuesdayMay 19, 2023 | finance.yahoo.comBorr Drilling Limited - Invitation to webcast and conference call Q1 2023 resultsApril 22, 2023 | americanbankingnews.comBorr Drilling Limited (NYSE:BORR) Short Interest UpdateApril 14, 2023 | americanbankingnews.comBorr Drilling (NYSE:BORR) and Fast Track Solutions (OTCMKTS:FTRK) Critical ComparisonApril 13, 2023 | americanbankingnews.comBorr Drilling (NYSE:BORR) Trading Down 1.7%April 13, 2023 | seekingalpha.comBorr Drilling bags order worth $123MApril 13, 2023 | seekingalpha.comBorr Drilling: Last Available Jackup Rig Finds Work At Decent Terms - BuyApril 12, 2023 | americanbankingnews.comBorr Drilling (NYSE:BORR) Shares Up 4.3%April 11, 2023 | seekingalpha.comBorr Drilling: Likely To Benefit From Industry-Wide TailwindsApril 10, 2023 | benzinga.comBorr Drilling shares are trading higher after the company was awarded a $123 million contract.April 10, 2023 | msn.comBorr Drilling Bags New Rig Contract Worth $123MApril 10, 2023 | finance.yahoo.comBorr Drilling Limited - Announcement of new contractApril 5, 2023 | finance.yahoo.comBorr Drilling Limited (BORR) Stock Historical Prices & Data - Yahoo FinanceApril 5, 2023 | markets.businessinsider.comBTIG Sticks to Its Buy Rating for Kirby (KEX)April 4, 2023 | marketwatch.comOffshore Drilling Market Size 2023 , Latest Trends, Growth Drivers, Industry Analysis by Top Companies and Forecast 2026April 1, 2023 | americanbankingnews.comReviewing Borr Drilling (NYSE:BORR) and Permex Petroleum (OTCMKTS:OILCF)March 21, 2023 | marketwatch.comOffshore Drilling Market Size 2023 ,Trends, Scope, Drivers, Industry Analysis by Top Companies and Forecast 2026March 16, 2023 | finance.yahoo.com4 Stocks Under $10 to Buy Before They DoubleSee More Headlines BORR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BORR Company Calendar Last Earnings2/15/2023Today6/04/2023Next Earnings (Estimated)8/08/2023Fiscal 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+20.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.51) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-292,800,000.00 Net Margins-46.63% Pretax Margin-41.21% Return on Equity-13.66% Return on Assets-3.77% Debt Debt-to-Equity Ratio1.71 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$443.80 million Price / Sales2.57 Cash FlowN/A Price / Cash FlowN/A Book Value$5.93 per share Price / Book1.26Miscellaneous Outstanding Shares152,490,000Free Float140,448,000Market Cap$1.14 billion OptionableNot Optionable Beta3.27 Key ExecutivesPatrick SchornChief Executive OfficerMagnus VaalerChief Financial OfficerMi Hong YoonSecretary & DirectorJehan MawjeeChief Accounting OfficerKey CompetitorsNabors IndustriesNYSE:NBRHighPeak EnergyNASDAQ:HPKPrecision DrillingNYSE:PDSPatterson-UTI EnergyNASDAQ:PTENHelmerich & PayneNYSE:HPView All CompetitorsInstitutional OwnershipProShare Advisors LLCSold 2,211 shares on 5/26/2023Ownership: 0.016%New York State Common Retirement FundSold 30,398 shares on 5/18/2023Ownership: 0.068%JPMorgan Chase & Co.Bought 80,000 shares on 5/18/2023Ownership: 0.000%AQR Capital Management LLCBought 12,714 shares on 5/16/2023Ownership: 0.030%Squarepoint Ops LLCSold 14,288 shares on 5/16/2023Ownership: 0.009%View All Institutional Transactions BORR Stock - Frequently Asked Questions Should I buy or sell Borr Drilling stock right now? 4 Wall Street 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 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 brokers have issued 1 year target prices for Borr Drilling's shares. Their BORR share price forecasts range from $8.00 to $10.00. On average, they expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 20.2% 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 50.7% and is now trading at $7.49. 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 Tuesday, August 8th 2023. View our BORR earnings forecast. How were Borr Drilling's earnings last quarter? Borr Drilling Limited (NYSE:BORR) posted its quarterly earnings data on Wednesday, February, 15th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company earned $148.60 million during the quarter. Borr Drilling had a negative net margin of 46.63% and a negative trailing twelve-month return on equity of 13.66%. What ETF holds Borr Drilling's stock ? iShares Micro-Cap ETF holds 443,891 shares of BORR stock, representing 0.36% of its portfolio. When did Borr Drilling's stock split? Shares of Borr Drilling 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. 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 $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." Who are Borr Drilling's major shareholders? Borr Drilling's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.57%), Folketrygdfondet (5.99%), State Street Corp (2.00%), Barclays PLC (1.43%), Geode Capital Management LLC (1.23%) and Tejara Capital Ltd (0.74%). 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 $7.49. How much money does Borr Drilling make? Borr Drilling (NYSE:BORR) has a market capitalization of $1.14 billion and generates $443.80 million in revenue each year. The company earns $-292,800,000.00 in net income (profit) each year or ($1.51) 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 6/4/2023 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. 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