Ensco Plc Company Profile (NYSE:ESV)

Ensco Plc trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESV."

Ensco Plc declared a quarterly dividend on Tuesday, August 29th. Stockholders of record on Monday, September 11th will be given a dividend of $0.01 per share on Friday, September 22nd. This represents a $0.04 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Friday, September 8th. View Ensco Plc's Dividend History.

Ensco Plc (NYSE:ESV) released its quarterly earnings data on Thursday, July, 27th. The company reported ($0.10) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.12) by $0.02. The firm earned $457.50 million during the quarter, compared to analysts' expectations of $453.48 million. Ensco Plc had a return on equity of 0.77% and a net margin of 2.68%. Ensco Plc's revenue was down 49.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.04 EPS. View Ensco Plc's Earnings History.

Ensco Plc is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Ensco Plc.

17 brokers have issued 1 year target prices for Ensco Plc's stock. Their forecasts range from $4.00 to $15.00. On average, they expect Ensco Plc's stock price to reach $9.68 in the next twelve months. View Analyst Ratings for Ensco Plc.

Here are some recent quotes from research analysts about Ensco Plc stock:

• 1. Evercore ISI analysts commented, " We expect Ensco to continue generating strong cash flow from operations over the next couple of years as the offshore drilling market works through the extended downcycle, although FCF may turn negative for a quarter or two if the company ramps up capex to upgrade existing assets or reactivate preservation stacked floaters. The offshore sector has reached a different point of the cycle and Ensco is positioning itself for the eventual recovery. Meanwhile, Ensco retains full access to its $2.25 billion revolver for potential acquisitions of distressed assets or small 6-to-10 rig companies. Our 2018 estimates assumes Ensco reactivates one floater at 50% utilization and a $275kpd operating dayrate. We continue to rate the company Outperform with a $14 price target based on an 8.4x target multiple on our 2019 EBITDA estimate." (3/3/2017)
• 2. Jefferies Group LLC analysts commented, "Much higher opex guidance and reference to some expenses being incurred on a preservation stacked rig lead us to believe that ESV has its sights on a term floater fixture, and that it sees a steady stream of jackup awards forthcoming. Economics are likely to be poor (and near-term it hits our numbers), but it positions the company better long-term. ESV is our preferred Hold on contracting momentum and reasonable valuation (we see modest upside to fair value)." (3/1/2017)

Ensco Plc saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 96,544,300 shares, an increase of 15.9% from the August 15th total of 83,291,287 shares. Based on an average daily trading volume, of 15,689,759 shares, the short-interest ratio is presently 6.2 days. Currently, 32.0% of the shares of the stock are sold short.

Some companies that are related to Ensco Plc include Nabors Industries (NBR), Diamond Offshore Drilling (DO), Rowan Companies PLC (RDC), Precision Drilling Corporation (PDS), Mammooth Energy (TUSK), Atwood Oceanics (ATW), Pioneer Energy Services Corp. (PES), Seadrill Ltd (SDRL), Parker Drilling Company (PKD), Seadrill Limited (SDRL), Pacific Drilling S.A. (PACD), Pioneer Energy Services Corp (PDC) and Transocean Partners LLC (RIGP).

Ensco Plc's management team includes the folowing people:

• Carl G. Trowell, President, Chief Executive Officer, Director
• Jonathan Baksht, Chief Financial Officer, Senior Vice President
• Patrick Carey Lowe, Chief Operating Officer, Executive Vice President
• Michael T. McGuinty, Senior Vice President, General Counsel, Secretary
• Steven J. Brady, Senior Vice President - Eastern Hemisphere
• John Stokes Knowlton, Senior Vice President - Technical
• Gilles Luca, Senior Vice President - Western Hemisphere
• Paul E. Rowsey III, Non-Executive Independent Chairman of the Board
• James Roderick Clark, Independent Director
• Roxanne J. Decyk, Independent Director

Ensco Plc's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.79%), Vanguard Group Inc. (8.41%), Dimensional Fund Advisors LP (5.52%), FMR LLC (4.21%), State Street Corp (3.98%) and Capital Guardian Trust Co. (3.50%). Company insiders that own Ensco Plc stock include James W Swent III and Robert W Edwards III. View Institutional Ownership Trends for Ensco Plc.

Ensco Plc's stock was sold by a variety of institutional investors in the last quarter, including Orbis Allan Gray Ltd, Numeric Investors LLC, Lord Abbett & CO. LLC, Prudential Financial Inc., FMR LLC, Cornerstone Investment Partners LLC, Federated Investors Inc. PA and Vanguard Group Inc.. View Insider Buying and Selling for Ensco Plc.

Ensco Plc's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Capital Guardian Trust Co., Capital International Investors, BlackRock Inc., Scepter Holdings Inc., Northern Trust Corp, Contrarius Investment Management Ltd and Empyrean Capital Partners LP. View Insider Buying and Selling for Ensco Plc.

Shares of Ensco Plc can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Ensco Plc stock can currently be purchased for approximately $5.22.