Core Laboratories Stock Price, News & Analysis (NYSE:CLB)

Core Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLB."

Core Laboratories declared a quarterly dividend on Tuesday, October 8th. Shareholders of record on Friday, October 18th will be paid a dividend of $0.55 per share on Tuesday, November 19th. This represents a $2.20 annualized dividend and a yield of 4.99%. The ex-dividend date is Thursday, October 17th. View Core Laboratories' Dividend History.

Core Laboratories (NYSE:CLB) released its quarterly earnings data on Wednesday, July, 24th. The oil and gas company reported $0.46 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.46. The oil and gas company earned $169.04 million during the quarter, compared to analyst estimates of $173.46 million. Core Laboratories had a return on equity of 51.19% and a net margin of 14.30%. Core Laboratories's revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.59 EPS. View Core Laboratories' Earnings History.

Core Laboratories is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Core Laboratories.

Core Laboratories will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Core Laboratories issued an update on its third quarter earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of $0.48-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.50. The company issued revenue guidance of $171-175 million, compared to the consensus revenue estimate of $179.03 million.

13 Wall Street analysts have issued 12-month price objectives for Core Laboratories' shares. Their predictions range from $51.00 to $120.00. On average, they expect Core Laboratories' share price to reach $72.82 in the next twelve months. This suggests a possible upside of 65.1% from the stock's current price. View Analyst Price Targets for Core Laboratories.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Laboratories in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Core Laboratories.

Press coverage about CLB stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Core Laboratories earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Core Laboratories.

Core Laboratories saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 3,340,000 shares, an increase of 16.8% from the August 30th total of 2,860,000 shares. Based on an average daily volume of 694,100 shares, the days-to-cover ratio is presently 4.8 days. Currently, 7.7% of the shares of the stock are short sold. View Core Laboratories' Current Options Chain.

Some companies that are related to Core Laboratories include Subsea 7 (SUBCY), Oceaneering International (OII), SemGroup (SEMG), Helix Energy Solutions Group (HLX), Hurricane Energy (HRCXF), Franks International (FI), RPC (RES), Liberty Oilfield Services (LBRT), Propetro (PUMP), Select Energy Services (WTTR), C&J Energy Services (CJ), National Energy Services Reunited (NESR), Keane Group (FRAC), North American Construction Group (NOA) and KLX Energy Services (KLXE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Core Laboratories investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Starbucks (SBUX), Baidu (BIDU), Athabasca Oil (ATH), NIC (EGOV) and Netflix (NFLX).

Core Laboratories' stock is owned by a number of of institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (1.80%), Scout Investments Inc. (0.17%), Gofen & Glossberg LLC IL (0.06%), Forte Capital LLC ADV (0.04%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Core Laboratories stock include Gregory Barry Barnett, Jan Willem Sodderland and Kevin Daniels. View Institutional Ownership Trends for Core Laboratories.

CLB stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Gofen & Glossberg LLC IL and Forte Capital LLC ADV. View Insider Buying and Selling for Core Laboratories.

CLB stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC and State of Alaska Department of Revenue. Company insiders that have bought Core Laboratories stock in the last two years include Gregory Barry Barnett and Jan Willem Sodderland. View Insider Buying and Selling for Core Laboratories.

Shares of CLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CLB stock can currently be purchased for approximately $44.10.

Core Laboratories has a market capitalization of $1.96 billion and generates $700.85 million in revenue each year. The oil and gas company earns $79.52 million in net income (profit) each year or $2.28 on an earnings per share basis. Core Laboratories employs 4,700 workers across the globe.View Additional Information About Core Laboratories.

The official website for Core Laboratories is http://www.corelab.com/.

Core Laboratories' mailing address is STRAWINSKYLAAN 913 TOWER A LEVEL 9, AMSTERDAM P7, 1077 XX. The oil and gas company can be reached via phone at 31-20-420-3191 or via email at [email protected]