NYSE:DO Diamond Offshore Drilling (DO) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free DO Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$12.83▼$13.1350-Day Range$0.73▼$0.9452-Week Range$0.67▼$11.41Volume997,602 shsAverage Volume1.27 million shsMarket Capitalization$1.33 billionP/E RatioN/ADividend YieldN/APrice Target$20.33 Stock AnalysisStock AnalysisAnalyst ForecastsCompetitorsEarningsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial MediaStock AnalysisAnalyst ForecastsCompetitorsEarningsHeadlinesInsider TradesOptions ChainOwnershipShort InterestSocial Media Get Diamond Offshore Drilling alerts: Email Address Diamond Offshore Drilling MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside56.2% Upside$20.33 Price TargetShort InterestHealthy4.78% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingSelling Shares$291,077 Sold Last QuarterProj. Earnings Growth280.77%From $0.52 to $1.98 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.74 out of 5 starsOils/Energy Sector108th out of 234 stocksDrilling Oil & Gas Wells Industry5th out of 12 stocks 3.5 Analyst's Opinion Consensus RatingDiamond Offshore Drilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageDiamond Offshore Drilling has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.78% of the float of Diamond Offshore Drilling has been sold short.Short Interest Ratio / Days to CoverDiamond Offshore Drilling has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Diamond Offshore Drilling has recently increased by 14.45%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldDiamond Offshore Drilling does not currently pay a dividend.Dividend GrowthDiamond Offshore Drilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DO. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Diamond Offshore Drilling this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for DO on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Diamond Offshore Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Diamond Offshore Drilling insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $291,077.00 in company stock.Percentage Held by InsidersOnly 0.74% of the stock of Diamond Offshore Drilling is held by insiders.Percentage Held by Institutions90.82% of the stock of Diamond Offshore Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Diamond Offshore Drilling are expected to grow by 280.77% in the coming year, from $0.52 to $1.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Diamond Offshore Drilling is -27.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Diamond Offshore Drilling is -27.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDiamond Offshore Drilling has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About Diamond Offshore Drilling Stock (NYSE:DO)Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. As of December 31, 2021, the company operated a fleet of 12 offshore drilling rigs, including four drillships and eight semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas.Read More Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. DO Stock News HeadlinesApril 20, 2024 | oilprice.comPetrobras’ Amazon Drilling Plan Faces Growing Opposition From LocalsApril 17, 2024 | prnewswire.comDIAMOND OFFSHORE TO RELEASE FIRST QUARTER 2024 RESULTSApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 11, 2024 | finance.yahoo.comThere's Been No Shortage Of Growth Recently For Diamond Offshore Drilling's (NYSE:DO) Returns On CapitalApril 4, 2024 | msn.comInterview | Shaping India's Future: Shashank Mani's Vision for the Middle and BeyondMarch 15, 2024 | wsj.comDiamond Offshore Drilling Inc.March 3, 2024 | prnewswire.comDIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENTFebruary 29, 2024 | finance.yahoo.comDiamond Offshore Drilling, Inc. (NYSE:DO) Q4 2023 Earnings Call TranscriptApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.February 28, 2024 | uk.finance.yahoo.comQ4 2023 Diamond Offshore Drilling Inc Earnings CallFebruary 28, 2024 | finance.yahoo.comDiamond Offshore Drilling Inc (DO) Reports Q4 2023 Results Amidst Industry ChallengesFebruary 28, 2024 | markets.businessinsider.comDiamond Offshore Drilling Posts Q4 Loss Of $145.70 MlnFebruary 27, 2024 | prnewswire.comDiamond Offshore Reports Fourth Quarter 2023 ResultsFebruary 27, 2024 | msn.comDiamond Offshore Drilling Q4 2023 Earnings PreviewFebruary 17, 2024 | seekingalpha.comDiamond Offshore Drilling: Eagerly Awaiting Earnings And Operational UpdatesFebruary 12, 2024 | finance.yahoo.comWith 83% ownership of the shares, Diamond Offshore Drilling, Inc. (NYSE:DO) is heavily dominated by institutional ownersFebruary 6, 2024 | ca.finance.yahoo.comStocks in play: Tribeca Resources CorporationFebruary 6, 2024 | bloomberg.comThe Trick That Makes Climate Investing in Poor Countries Less RiskyFebruary 6, 2024 | finance.yahoo.comDIAMOND OFFSHORE TO RELEASE FOURTH QUARTER 2023 RESULTSFebruary 6, 2024 | finance.yahoo.comLIFT Intersects 13 m at 1.11% Li2O at its Ki pegmatite, Yellowknife Lithium Project, NWTFebruary 6, 2024 | seekingalpha.comPrecision Drilling surges on plans for debt reduction, shareholder returnsFebruary 6, 2024 | msn.comPrecision Drilling Shares Are Rocketing Today: What's Going On?February 6, 2024 | ca.finance.yahoo.comDO Mar 2024 11.000 putFebruary 5, 2024 | bloomberg.comOffshore Oil-Rig Pipe Plunges to Sea Floor in North AtlanticFebruary 2, 2024 | benzinga.comDiamond Offshore Drilling Stock (NYSE:DO), Guidance and ForecastJanuary 30, 2024 | msn.comSLB slides as Aramco's lowered capacity target prompts spending cut concernsJanuary 17, 2024 | morningstar.comDiamond Offshore Drilling Inc DOSee More Headlines Receive DO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Diamond Offshore Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today4/25/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryOil & Gas Drilling Current SymbolNYSE:DO CUSIP25271C10 CIK949039 Webwww.diamondoffshore.com Phone281-492-5300Fax281-492-5316Employees2,140Year FoundedN/APrice Target and Rating Average Stock Price Target$20.33 High Stock Price Target$21.00 Low Stock Price Target$20.00 Potential Upside/Downside+54.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.48) Trailing P/E RatioN/A Forward P/E Ratio25.31 P/E GrowthN/ANet Income$-44,710,000.00 Net Margins-4.23% Pretax Margin-1.30% Return on Equity-5.04% Return on Assets-2.26% Debt Debt-to-Equity Ratio1.00 Current Ratio1.54 Quick Ratio1.54 Sales & Book Value Annual Sales$1.06 billion Price / Sales1.28 Cash Flow$0.69 per share Price / Cash Flow19.08 Book Value$6.30 per share Price / Book2.09Miscellaneous Outstanding Shares102,470,000Free Float101,709,000Market Cap$1.35 billion OptionableOptionable Beta1.28 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Ronald Woll (Age 54)Exec. VP & COO Comp: $2.72MMr. Dominic A. Savarino (Age 51)VP & Chief Accounting and Tax Officer Comp: $983.92kMr. David Lynn Roland (Age 60)Sr. VP, Gen. Counsel & Sec. Comp: $1.11MMr. Bernie G. Wolford (Age 62)Pres, CEO & Director Mr. Tim OsburnChief Information OfficerSamir AliVP of Investor Relations & Corp. Devel.Mr. Aaron SobelVP of HRMr. Karl S. SellersSr. VP of Technical ServicesMr. Jon L. Richards (Age 48)Sr. VP of Worldwide Operations Mr. Stephen Glenn ElwoodSr. VP of TaxMore ExecutivesKey CompetitorsNabors IndustriesNYSE:NBRHelmerich & PayneNYSE:HPPatterson-UTI EnergyNASDAQ:PTENPrecision DrillingNYSE:PDSBorr DrillingNYSE:BORRView All CompetitorsInsiders & InstitutionsSimplex Trading LLCBought 2,100 shares on 4/25/2024Ownership: 0.000%Assenagon Asset Management S.A.Bought 830,156 shares on 4/24/2024Ownership: 1.019%Bfsg LLCBought 1,308 shares on 4/23/2024Ownership: 0.007%Kessler Investment Group LLCSold 11,888 shares on 4/22/2024Ownership: 0.082%Mesirow Financial Investment Management Inc.Bought 17,070 shares on 4/19/2024Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions DO Stock Analysis - Frequently Asked Questions Should I buy or sell Diamond Offshore Drilling stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DO shares. View DO analyst ratings or view top-rated stocks. What is Diamond Offshore Drilling's stock price target for 2024? 3 equities research analysts have issued 12-month price objectives for Diamond Offshore Drilling's shares. Their DO share price targets range from $20.00 to $21.00. On average, they expect the company's stock price to reach $20.33 in the next twelve months. This suggests a possible upside of 56.2% from the stock's current price. View analysts price targets for DO or view top-rated stocks among Wall Street analysts. Are investors shorting Diamond Offshore Drilling? Diamond Offshore Drilling saw a increase in short interest in April. As of April 15th, there was short interest totaling 4,830,000 shares, an increase of 14.5% from the March 31st total of 4,220,000 shares. Based on an average daily volume of 1,460,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 4.8% of the company's shares are sold short. View Diamond Offshore Drilling's Short Interest. When is Diamond Offshore Drilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our DO earnings forecast. How can I listen to Diamond Offshore Drilling's earnings call? Diamond Offshore Drilling will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Diamond Offshore Drilling's earnings last quarter? Diamond Offshore Drilling Inc (NYSE:DO) announced its earnings results on Tuesday, February, 27th. The offshore drilling services provider reported ($1.42) EPS for the quarter, missing the consensus estimate of $0.15 by $1.57. The offshore drilling services provider had revenue of $297.64 million for the quarter, compared to analysts' expectations of $292 million. Diamond Offshore Drilling had a negative trailing twelve-month return on equity of 5.04% and a negative net margin of 4.23%. During the same quarter in the previous year, the firm earned ($0.52) EPS. What ETFs hold Diamond Offshore Drilling's stock? ETFs with the largest weight of Diamond Offshore Drilling (NYSE:DO) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco Dorsey Wright Energy Momentum ETF (PXI), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) and iShares U.S. Oil Equipment & Services ETF (IEZ).iShares Micro-Cap ETF (IWC). What is Marc Edwards' approval rating as Diamond Offshore Drilling's CEO? 34 employees have rated Diamond Offshore Drilling Chief Executive Officer Marc Edwards on Glassdoor.com. Marc Edwards has an approval rating of 25% among the company's employees. This puts Marc Edwards in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Diamond Offshore Drilling own? Based on aggregate information from My MarketBeat watchlists, some companies that other Diamond Offshore Drilling investors own include Bank of America (BAC), Transocean (RIG), Intelsat (I), Cabot Oil & Gas (COG), AMC Entertainment (AMC), Fossil Group (FOSL), Ciena (CIEN), Synergy Pharmaceuticals (SGYP), Chaarat Gold (CGH) and Associated British Foods (ABF). Who are Diamond Offshore Drilling's major shareholders? Diamond Offshore Drilling's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.02%), Kessler Investment Group LLC (0.08%), Mesirow Financial Investment Management Inc. (0.02%), Simplex Trading LLC (0.00%), Bfsg LLC (0.01%) and Maryland Capital Advisors Inc. (0.00%). Insiders that own company stock include David L Roland and Dominic A Savarino. View institutional ownership trends. This page (NYSE:DO) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsThe World's First "$20 Trillion Drug?"Behind the MarketsThe only accurate crypto trading system I know …Weiss RatingsFed launches fourth dollar overhaulStansberry ResearchForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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