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) released its quarterly earnings data on Monday, November, 5th. The offshore drilling services provider reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.10. The offshore drilling services provider had revenue of $286.30 million for the quarter, compared to analysts' expectations of $281.74 million. Diamond Offshore Drilling had a negative return on equity of 2.92% and a negative net margin of 11.11%. The firm's quarterly revenue was down 21.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.25 EPS. View Diamond Offshore Drilling's Earnings History.

Diamond Offshore Drilling is scheduled to release their next quarterly earnings announcement on Monday, February 11th 2019. View Earnings Estimates for Diamond Offshore Drilling.

20 analysts have issued twelve-month price objectives for Diamond Offshore Drilling's stock. Their forecasts range from $10.00 to $23.00. On average, they anticipate Diamond Offshore Drilling's share price to reach $15.5765 in the next year. This suggests a possible upside of 32.6% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 11 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Diamond Offshore Drilling.

News coverage about DO stock has trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring 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 closest to five being the most favorable. Diamond Offshore Drilling earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the offshore drilling services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the near future.

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

Diamond Offshore Drilling's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Foundation Resource Management Inc. (0.16%) and Gateway Investment Advisers LLC (0.01%). 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 Foundation Resource Management Inc.. 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 bought by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC. 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 $11.75.

Diamond Offshore Drilling has a market capitalization of $1.60 billion and generates $1.49 billion in revenue each year. The offshore drilling services provider earns $18.34 million in net income (profit) each year or $0.82 on an earnings per share basis. Diamond Offshore Drilling employs 2,400 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]