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 earnings results on Monday, February, 11th. The offshore drilling services provider reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.40) by $0.02. The offshore drilling services provider earned $232.50 million during the quarter, compared to analyst estimates of $249.89 million. Diamond Offshore Drilling had a negative net margin of 16.64% and a negative return on equity of 4.32%. Diamond Offshore Drilling's revenue was down 32.8% on a year-over-year basis. During the same period in the previous year, the company earned ($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 analysts have issued 1-year target prices for Diamond Offshore Drilling's shares. Their predictions range from $10.00 to $23.00. On average, they anticipate Diamond Offshore Drilling's share price to reach $15.80 in the next twelve months. This suggests a possible upside of 52.7% 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 8 sell ratings, 5 hold ratings and 6 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 positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. 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 news sentiment score of 2.3 on InfoTrie's scale. They also assigned media headlines about the offshore drilling services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days.

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).

Diamond Offshore Drilling's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 purchased 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 $10.35.

Diamond Offshore Drilling has a market capitalization of $1.42 billion and generates $1.08 billion in revenue each year. The offshore drilling services provider earns $18.34 million in net income (profit) each year or ($1.17) 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]