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 earnings results on Monday, April, 29th. The offshore drilling services provider reported ($0.53) EPS for the quarter, beating the consensus estimate of ($0.59) by $0.06. The offshore drilling services provider had revenue of $223.50 million for the quarter, compared to the consensus estimate 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 revenue was down 24.4% on a year-over-year basis. During the same period last year, the business 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.

21 brokerages have issued 1-year price objectives for Diamond Offshore Drilling's shares. Their predictions range from $5.00 to $23.00. On average, they expect Diamond Offshore Drilling's share price to reach $13.8729 in the next twelve months. This suggests a possible upside of 84.0% from the stock's current price. View Analyst Price Targets for Diamond Offshore Drilling.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 8 sell ratings, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Diamond Offshore Drilling.

Headlines about DO stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Diamond Offshore Drilling earned a news impact score of 1.4 on InfoTrie's scale. They also assigned news articles about the offshore drilling services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Diamond Offshore Drilling.

Diamond Offshore Drilling saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 26,960,400 shares, an increase of 10.4% from the April 15th total of 24,428,000 shares. Based on an average trading volume of 3,050,000 shares, the days-to-cover ratio is currently 8.8 days. Approximately 19.9% of the shares of the company are short sold. View Diamond Offshore Drilling's Current Options Chain.

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

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 FMR LLC (5.43%), Majedie Asset Management Ltd (2.27%), Equity Investment Corp (1.82%), Manning & Napier Group LLC (1.62%), JPMorgan Chase & Co. (1.44%) and FOURPOINTS Investment Managers S.A.S. (0.70%). 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, Manning & Napier Group LLC, American International Group Inc., MetLife Investment Advisors LLC, California Public Employees Retirement System, Oregon Public Employees Retirement Fund, GWM Advisors LLC and Metropolitan Life Insurance Co NY. 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 acquired by a variety of institutional investors in the last quarter, including Majedie Asset Management Ltd, JPMorgan Chase & Co., Federated Investors Inc. PA, Connor Clark & Lunn Investment Management Ltd., Equity Investment Corp, FOURPOINTS Investment Managers S.A.S., BNP Paribas Arbitrage SA 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, Scottrade, Fidelity and Charles Schwab.

One share of DO stock can currently be purchased for approximately $7.54.

Diamond Offshore Drilling has a market capitalization of $1.04 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]