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) issued its quarterly earnings data on Monday, August, 5th. The offshore drilling services provider reported ($0.99) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.89) by $0.10. The offshore drilling services provider earned $216.70 million during the quarter, compared to the consensus estimate of $228.46 million. Diamond Offshore Drilling had a negative net margin of 32.78% and a negative return on equity of 8.55%. Diamond Offshore Drilling's revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.33) EPS. View Diamond Offshore Drilling's Earnings History.

Diamond Offshore Drilling is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Diamond Offshore Drilling.

20 brokerages have issued 12-month price targets for Diamond Offshore Drilling's stock. Their predictions range from $3.50 to $23.00. On average, they expect Diamond Offshore Drilling's stock price to reach $10.6935 in the next twelve months. This suggests a possible upside of 39.1% 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 6 sell ratings, 8 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 trended somewhat positive this week, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Diamond Offshore Drilling earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media headlines about the offshore drilling services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Diamond Offshore Drilling.

Some companies that are related to Diamond Offshore Drilling include Transocean (RIG), Patterson-UTI Energy (PTEN), Ensco Rowan (ESV), Seadrill (SDRL), Rowan Companies (RDC), Baytex Energy (BTE), Nabors Industries (NBR), Oasis Midstream Partners (OMP), Noble (NE), Pacific Drilling (PACD), Precision Drilling (PDS), PARKER DRILLING/SH PAR $ (PKD), Independence Contract Drilling (ICD), Petroteq Energy (PQEFF) and Western Energy Services (WEEEF).

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.96%), Vanguard Group Inc. (4.89%), Allianz Asset Management GmbH (1.93%), Fisher Asset Management LLC (1.42%), Northern Trust Corp (1.19%) and Schroder Investment Management Group (1.19%). 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 Equity Investment Corp, JPMorgan Chase & Co., Manning & Napier Group LLC, Renaissance Technologies LLC, Prudential Financial Inc., Fisher Asset Management LLC, Connor Clark & Lunn Investment Management Ltd. and BNP Paribas Arbitrage SA. 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 bought by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Balyasny Asset Management LLC, Van ECK Associates Corp, Morgan Stanley, Vanguard Group Inc., Nuveen Asset Management LLC, Nomura Holdings Inc. and Nomura Holdings 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, Robinhood, Fidelity and Charles Schwab.

One share of DO stock can currently be purchased for approximately $7.69.

Diamond Offshore Drilling has a market capitalization of $1.06 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.View Additional Information About Diamond Offshore Drilling.

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]