NYSE:DO - Diamond Offshore Drilling Stock Price, News, & Analysis

Diamond Offshore Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "DO."

Diamond Offshore Drilling Inc (NYSE:DO) posted its quarterly earnings results on Monday, February, 11th. The offshore drilling services provider reported ($0.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.40) by $0.02. The offshore drilling services provider had revenue of $232.50 million for the quarter, compared to analysts' expectations of $249.89 million. Diamond Offshore Drilling had a negative return on equity of 4.32% and a negative net margin of 16.64%. The business's quarterly revenue was down 32.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.05) earnings per share. View Diamond Offshore Drilling's Earnings History.

Diamond Offshore Drilling is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Diamond Offshore Drilling.

19 brokerages have issued twelve-month price targets for Diamond Offshore Drilling's stock. Their predictions range from $10.00 to $23.00. On average, they expect Diamond Offshore Drilling's share price to reach $15.5681 in the next year. This suggests a possible upside of 56.8% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 7 sell ratings, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Diamond Offshore Drilling.

Media stories about DO stock have been trending negative this week, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Diamond Offshore Drilling earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news articles about the offshore drilling services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

Some companies that are related to Diamond Offshore Drilling include Transocean (RIG), Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Ensco (ESV), Rowan Companies (RDC), Nabors Industries (NBR), Baytex Energy (BTE), Noble (NE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Independence Contract Drilling (ICD), Pioneer Energy Services (PES), Seadrill Partners (SDLP), Key Energy Services (KEG) and Petroteq Energy (PQEFF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamond Offshore Drilling investors own include Transocean (RIG), Rite Aid (RAD), Bank of America (BAC), Freeport-McMoRan (FCX), Ensco (ESV), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Seadrill (SDRL) and Chesapeake Energy (CHK).

Diamond Offshore Drilling's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.28%), Contrarius Investment Management Ltd (3.08%), Dimensional Fund Advisors LP (2.91%), Manning & Napier Group LLC (1.73%), Northern Trust Corp (1.30%) and Van ECK Associates Corp (1.10%). Company insiders that own Diamond Offshore Drilling stock include Charles Fabrikant, David L Roland, Marc Gerard Rex Edwards, Paul G Gaffney and Scott Lee Kornblau. View Institutional Ownership Trends for Diamond Offshore Drilling.

DO stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Contrarius Investment Management Ltd, Robeco Institutional Asset Management B.V., Manning & Napier Group LLC, O Shaughnessy Asset Management LLC, Royce & Associates LP, Bank of New York Mellon Corp and Northern Trust Corp. Company insiders that have sold Diamond Offshore Drilling company stock in the last year include David L Roland, Marc Gerard Rex Edwards and Scott Lee Kornblau. View Insider Buying and Selling for Diamond Offshore Drilling.

DO stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, FOURPOINTS Investment Managers S.A.S., Van ECK Associates Corp, Prudential Financial Inc., Canada Pension Plan Investment Board, BlackRock Inc., Fisher Asset Management LLC and Triad Investment Management. View Insider Buying and Selling for Diamond Offshore Drilling.

Shares of DO 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, Scottrade, Fidelity and Charles Schwab.

One share of DO stock can currently be purchased for approximately $9.93.

Diamond Offshore Drilling has a market capitalization of $1.36 billion and generates $1.08 billion in revenue each year. The offshore drilling services provider earns $-180,270,000.00 in net income (profit) each year or ($1.17) on an earnings per share basis. Diamond Offshore Drilling employs 2,300 workers across the globe.

The official website for Diamond Offshore Drilling is http://www.diamondoffshore.com.

Diamond Offshore Drilling's mailing address is 15415 KATY FREEWAY, HOUSTON TX, 77094. The offshore drilling services provider can be reached via phone at 281-492-5300 or via email at [email protected]