NYSE:DODiamond Offshore Drilling Stock Price, Forecast & News

Diamond Offshore Drilling's stock was trading at $1.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DO shares have decreased by 33.0% and is now trading at $0.9384. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 6 sell ratings, 12 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Diamond Offshore Drilling.

Diamond Offshore Drilling is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Diamond Offshore Drilling.

Diamond Offshore Drilling Inc (NYSE:DO) announced its quarterly earnings data on Monday, February, 10th. The offshore drilling services provider reported ($0.45) earnings per share for the quarter, beating the consensus estimate of ($0.66) by $0.21. The offshore drilling services provider had revenue of $276.40 million for the quarter, compared to analyst estimates of $249.25 million. Diamond Offshore Drilling had a negative net margin of 117.37% and a negative return on equity of 12.45%. The company's quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.42) EPS. View Diamond Offshore Drilling's earnings history.

19 equities research analysts have issued twelve-month price targets for Diamond Offshore Drilling's stock. Their forecasts range from $0.90 to $11.00. On average, they anticipate Diamond Offshore Drilling's stock price to reach $5.17 in the next year. This suggests a possible upside of 451.3% from the stock's current price. View analysts' price targets for Diamond Offshore Drilling.

Media stories about DO stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Diamond Offshore Drilling earned a news impact score of 0.7 on InfoTrie's scale. They also gave media headlines about the offshore drilling services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutDiamond Offshore Drilling.

Some companies that are related to Diamond Offshore Drilling include Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Nabors Industries (NBR), Unit (UNT), Pioneer Energy Services (PESXQ) and Vantage Drilling (VTGDF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamond Offshore Drilling investors own include Transocean (RIG), Bank of America (BAC), Intelsat (I), Cabot Oil & Gas (COG), Fossil Group (FOSL), Synergy Pharmaceuticals (SGYP), AMC Entertainment (AMC), Ciena (CIEN), Chaarat Gold (CGH) and Associated British Foods (ABF).

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

Diamond Offshore Drilling's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Contrarius Investment Management Ltd (9.61%), BlackRock Inc. (6.97%), State Street Corp (2.54%), Schroder Investment Management Group (1.59%), Parametric Portfolio Associates LLC (1.27%) and SG Americas Securities LLC (1.04%). Company insiders that own Diamond Offshore Drilling stock include David L Roland, 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 BlackRock Inc., Schroder Investment Management Group, Voloridge Investment Management LLC, First Trust Advisors LP, Arizona State Retirement System, Global Strategic Management Inc., Principal Financial Group Inc., and Contrarius Investment Management Ltd. Company insiders that have sold Diamond Offshore Drilling company stock in the last year include Paul G Gaffney, and Scott Lee Kornblau. View insider buying and selling activity for Diamond Offshore Drilling.

DO stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Invesco Ltd., Two Sigma Advisers LP, Parametric Portfolio Associates LLC, Van ECK Associates Corp, Edgestream Partners L.P., Quantitative Investment Management LLC, and Morgan Stanley. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of DO stock can currently be purchased for approximately $0.94.

Diamond Offshore Drilling has a market capitalization of $129.44 million and generates $980.64 million in revenue each year. The offshore drilling services provider earns $-357,210,000.00 in net income (profit) each year or ($2.55) on an earnings per share basis. Diamond Offshore Drilling employs 2,500 workers across the globe.

The official website for Diamond Offshore Drilling is 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]