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) announced its quarterly earnings results on Monday, April, 29th. The offshore drilling services provider reported ($0.53) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.59) by $0.06. The offshore drilling services provider had revenue of $223.50 million for the quarter, compared to analyst estimates of $231.90 million. Diamond Offshore Drilling had a negative return on equity of 5.84% and a negative net margin of 26.72%. The company's quarterly revenue was down 24.4% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.16) EPS. View Diamond Offshore Drilling's Earnings History.

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

19 Wall Street analysts have issued 12 month target prices for Diamond Offshore Drilling's stock. Their predictions range from $8.00 to $23.00. On average, they expect Diamond Offshore Drilling's share price to reach $14.6150 in the next twelve months. This suggests a possible upside of 55.5% 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, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Diamond Offshore Drilling.

News stories about DO stock have been trending positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Diamond Offshore Drilling earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave media coverage about the offshore drilling services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely 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), Seadrill (SDRL), Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Ensco Rowan (ESV), Rowan Companies (RDC), Nabors Industries (NBR), Pacific Drilling (PACD), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Precision Drilling (PDS), Noble (NE), PARKER DRILLING/SH PAR $ (PKD), Independence Contract Drilling (ICD) and Pioneer Energy Services (PES).

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

Diamond Offshore Drilling's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.80%), FMR LLC (5.43%), Dimensional Fund Advisors LP (3.54%), Majedie Asset Management Ltd (2.27%), Equity Investment Corp (1.82%) and Manning & Napier Group LLC (1.62%). 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 Great West Life Assurance Co. Can, Goldman Sachs Group Inc., Renaissance Technologies LLC, Northern Trust Corp, Manning & Napier Group LLC, American International Group Inc., The Manufacturers Life Insurance Company and MetLife Investment Advisors LLC. Company insiders that have sold Diamond Offshore Drilling company stock in the last year include David L Roland 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 BlackRock Inc., Majedie Asset Management Ltd, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Federated Investors Inc. PA, Connor Clark & Lunn Investment Management Ltd., Equity Investment Corp and Principal Financial Group Inc.. 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 $9.40.

Diamond Offshore Drilling has a market capitalization of $1.29 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]