NYSE:LBRTLiberty Oilfield Services Stock Price, Forecast & News

Liberty Oilfield Services' stock was trading at $3.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LBRT shares have increased by 67.4% and is now trading at $5.44. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Liberty Oilfield Services in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Liberty Oilfield Services.

Liberty Oilfield Services is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Liberty Oilfield Services.

Liberty Oilfield Services Inc (NYSE:LBRT) announced its earnings results on Tuesday, April, 28th. The company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.08. The firm earned $472.34 million during the quarter, compared to the consensus estimate of $404.43 million. Liberty Oilfield Services had a return on equity of 2.86% and a net margin of 1.17%. View Liberty Oilfield Services' earnings history.

Liberty Oilfield Services declared a quarterly dividend on Thursday, January 23rd. Shareholders of record on Friday, March 6th will be given a dividend of $0.05 per share on Friday, March 20th. This represents a $0.20 annualized dividend and a dividend yield of 3.68%. The ex-dividend date is Thursday, March 5th. View Liberty Oilfield Services' dividend history.

13 brokerages have issued twelve-month target prices for Liberty Oilfield Services' shares. Their forecasts range from $3.00 to $14.00. On average, they anticipate Liberty Oilfield Services' share price to reach $7.70 in the next year. This suggests a possible upside of 41.5% from the stock's current price. View analysts' price targets for Liberty Oilfield Services.

News headlines about LBRT stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Liberty Oilfield Services earned a news impact score of -2.1 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Liberty Oilfield Services.

Liberty Oilfield Services saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,820,000 shares, a decrease of 8.1% from the June 15th total of 3,070,000 shares. Based on an average daily volume of 894,900 shares, the days-to-cover ratio is currently 3.2 days. Currently, 4.6% of the company's stock are short sold. View Liberty Oilfield Services' Current Options Chain.

Some companies that are related to Liberty Oilfield Services include Subsea 7 (SUBCY), SemGroup (SEMG), Core Laboratories (CLB), RPC (RES), Oceaneering International (OII), National Energy Services Reunited (NESR), Helix Energy Solutions Group (HLX), Propetro (PUMP), NexTier Oilfield Solutions (NEX), Select Energy Services (WTTR), Franks International (FI), Keane Group (FRAC), North American Construction Group (NOA), Key Energy Services (KEGX) and Hurricane Energy (HRCXF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Liberty Oilfield Services investors own include Huntington Bancshares (HBAN), Ring Energy (REI), Ring Energy (REI), Allena Pharmaceuticals (ALNA), CGG (CGG), Ensco Rowan (ESV), Exelixis (EXEL), Halliburton (HAL), Netflix (NFLX) and Surgery Partners (SGRY).

(LBRT) raised $160 million in an initial public offering (IPO) on Friday, January 12th 2018. The company issued 10,700,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Goldman, Sachs, Wells Fargo Securities, Citigroup, J.P. Morgan and Evercore ISI acted as the underwriters for the IPO and Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt, Houlihan Lokey, Intrepid Partners, Petrie Partners Securities and SunTrust Robinson Humphrey were co-managers.

Liberty Oilfield Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "LBRT."

Shares of LBRT 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 LBRT stock can currently be purchased for approximately $5.44.

Liberty Oilfield Services has a market capitalization of $614.36 million and generates $1.99 billion in revenue each year. The company earns $39 million in net income (profit) each year or $0.53 on an earnings per share basis. Liberty Oilfield Services employs 2,571 workers across the globe.

The official website for Liberty Oilfield Services is www.libertyfrac.com.

Liberty Oilfield Services' mailing address is 950 17TH STREET SUITE 2400, DENVER CO, 80202. The company can be reached via phone at 303-515-2800 or via email at [email protected]