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

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

Diamond Offshore Drilling Inc (NYSE:DO) issued its earnings results on Monday, February, 10th. The offshore drilling services provider reported ($0.45) earnings per share for the quarter, topping the Thomson Reuters' 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. The company's revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.42) earnings per share. View Diamond Offshore Drilling's Earnings History.

Diamond Offshore Drilling is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Diamond Offshore Drilling.

18 Wall Street analysts have issued 12 month price targets for Diamond Offshore Drilling's stock. Their forecasts range from $3.50 to $11.00. On average, they anticipate Diamond Offshore Drilling's stock price to reach $6.91 in the next twelve months. This suggests a possible upside of 84.4% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 5 sell ratings, 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Diamond Offshore Drilling.

Media headlines 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 publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Diamond Offshore Drilling earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave headlines about the offshore drilling services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Diamond Offshore Drilling.

Some companies that are related to Diamond Offshore Drilling include PARKER DRILLING/SH PAR $ (PKD), Pioneer Energy Services (PES), Helmerich & Payne (HP), Nabors Industries (NBR), Patterson-UTI Energy (PTEN), Unit (UNT) and Vantage Drilling (VTGDF).

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), Fossil Group (FOSL), Cabot Oil & Gas (COG), Synergy Pharmaceuticals (SGYP), AMC Entertainment (AMC), Ciena (CIEN), Chaarat Gold (CGH) and Associated British Foods (ABF).

Diamond Offshore Drilling's stock is owned by many different of institutional and retail investors. Top institutional investors include Contrarius Investment Management Ltd (9.64%), State Street Corp (2.42%), Schroder Investment Management Group (1.72%), Charles Schwab Investment Management Inc. (1.27%), Manning & Napier Group LLC (0.85%) and Van ECK Associates Corp (0.68%). Company insiders that own Diamond Offshore Drilling stock include 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 Cubist Systematic Strategies LLC, Credit Suisse AG, Foundation Resource Management Inc., Contrarius Investment Management Ltd, Arizona State Retirement System, Bank of New York Mellon Corp, Public Sector Pension Investment Board and Blueshift Asset Management LLC. 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 for Diamond Offshore Drilling.

DO stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, KBC Group NV, Thrivent Financial for Lutherans, Great West Life Assurance Co. Can, Schroder Investment Management Group, Charles Schwab Investment Management Inc., Van ECK Associates Corp and SG Americas Securities 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, Robinhood, Fidelity and Charles Schwab.

One share of DO stock can currently be purchased for approximately $3.75.