NYSE:DO Diamond Offshore Drilling (DO) Stock Price, News & Analysis → The Gold Grab of the Century (From Colonial Metals) (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$12.72▼$13.1250-Day Range$0.73▼$0.9452-Week Range$0.67▼$11.41Volume1.32 million shsAverage Volume1.40 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/Downside56.7% 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 GrowthN/ASee 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.1.37 out of 5 starsOils/Energy Sector1200th out of 1,427 stocksDrilling Oil & Gas Wells Industry55th out of 78 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 3 people have searched for DO on MarketBeat in the last 30 days. This is a decrease of -25% 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 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Diamond Offshore Drilling is -27.04, 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 -27.04, 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 2.06. 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 InvestorPlaceElon’s New Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. 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 InvestorPlaceElon’s New Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. DO Stock News HeadlinesMay 1, 2024 | msn.comSteel tubes ready for start of Virginia Beach offshore wind farm construction, port officials sayApril 28, 2024 | usatoday.comOil drilling in the Apalachicola River System is still a very bad idea | Pam McVetyMay 5, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.April 20, 2024 | oilprice.comPetrobras’ Amazon Drilling Plan Faces Growing Opposition From LocalsApril 17, 2024 | prnewswire.comDIAMOND OFFSHORE TO RELEASE FIRST QUARTER 2024 RESULTSApril 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.May 5, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.March 3, 2024 | prnewswire.comDIAMOND OFFSHORE ANNOUNCES NEW DRILLSHIP COMMITMENTFebruary 29, 2024 | finance.yahoo.comDiamond Offshore Drilling, Inc. (NYSE:DO) Q4 2023 Earnings Call TranscriptFebruary 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 ForecastSee 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 Earnings2/27/2024Today5/05/2024Next 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+56.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.48) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-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 / Sales1.26 Cash Flow$0.71 per share Price / Cash Flow18.24 Book Value$6.30 per share Price / Book2.06Miscellaneous Outstanding Shares102,470,000Free Float101,709,000Market Cap$1.33 billion OptionableOptionable Beta1.33 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 & InstitutionsHosking Partners LLPSold 2,571 shares on 5/2/2024Ownership: 0.736%Janney Montgomery Scott LLCSold 6,534 shares on 5/1/2024Ownership: 0.097%Principal Financial Group Inc.Sold 1,298 shares on 4/29/2024Ownership: 0.011%Mesirow Financial Investment Management Inc.Bought 17,070 shares on 4/26/2024Ownership: 0.017%Simplex Trading LLCBought 2,100 shares on 4/25/2024Ownership: 0.000%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 year. 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 Wall Street research analysts have issued 1-year price objectives for Diamond Offshore Drilling's stock. Their DO share price targets range from $20.00 to $21.00. On average, they predict the company's share price to reach $20.33 in the next twelve months. This suggests a possible upside of 56.7% 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 during the month of 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 trading volume, of 1,460,000 shares, the short-interest ratio is currently 3.3 days. Currently, 4.8% of the shares of the company 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) posted its earnings results on Tuesday, February, 27th. The offshore drilling services provider reported ($1.42) earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $1.57. The offshore drilling services provider earned $297.64 million during the quarter, compared to analyst estimates 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 period in the prior year, the firm posted ($0.52) earnings per share. 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 variety of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.02%), Hosking Partners LLP (0.74%), Janney Montgomery Scott LLC (0.10%), Kessler Investment Group LLC (0.08%), Mesirow Financial Investment Management Inc. (0.02%) and Mesirow Financial Investment Management Inc. (0.02%). 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 5/5/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCCould Your Accounts Be Frozen?Allegiance GoldThe asset beating inflation by 4xColonial MetalsExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersThe only AI company you should be looking atBehind the MarketsThe A.I. story nobody is telling you (Read ASAP)TradeSmith 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. Adding Diamond Offshore Drilling Inc Please log in to your account or sign up in order to add this asset to your watchlist. 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