NYSE:MDR - McDermott International Stock Price, News, & Analysis

McDermott International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDR."

McDermott International shares reverse split on Thursday, May 10th 2018. The 1-3 reverse split was announced on Wednesday, May 2nd 2018. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 9th 2018. An investor that had 100 shares of McDermott International stock prior to the reverse split would have 33 shares after the split.

McDermott International Inc (NYSE:MDR) posted its earnings results on Tuesday, October, 30th. The oil and gas company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by $0.09. The oil and gas company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.50 billion. McDermott International had a return on equity of 8.40% and a net margin of 2.05%. The business's revenue was up 138.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 earnings per share. View McDermott International's Earnings History.

McDermott International is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for McDermott International.

McDermott International will be holding an earnings conference call on Monday, February 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 7066342259.

4 brokerages have issued 1 year price targets for McDermott International's shares. Their forecasts range from $13.00 to $38.00. On average, they expect McDermott International's share price to reach $26.38 in the next twelve months. This suggests a possible upside of 264.9% from the stock's current price. View Analyst Price Targets for McDermott International.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for McDermott International.

Media headlines about MDR stock have been trending positive on Saturday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. McDermott International earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Some companies that are related to McDermott International include Chart Industries (GTLS), Mobile Mini (MINI), Paul Mueller (MUEL), THT Heat Transfer Technology (THTI) and Global Power Equipment Group (GLPW).

McDermott International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.74%), Dimensional Fund Advisors LP (5.11%), LSV Asset Management (3.85%), Van ECK Associates Corp (2.35%), Millennium Management LLC (1.72%) and Northern Trust Corp (1.60%). Company insiders that own McDermott International stock include David Dickson, Gary Luquette, Ian Prescott, Linh Austin, Scott Munro, Stuart Spence and Tareq Kawash. View Institutional Ownership Trends for McDermott International.

MDR stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, James Investment Research Inc., Barnett & Company Inc., Geode Capital Management LLC, Bank of New York Mellon Corp, Sippican Capital Advisors, Chicago Equity Partners LLC and Janney Montgomery Scott LLC. View Insider Buying and Selling for McDermott International.

MDR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Van ECK Associates Corp, LSV Asset Management, Towle & Co., Boston Partners, Hsbc Holdings PLC, Oregon Public Employees Retirement Fund and Dimensional Fund Advisors LP. Company insiders that have bought McDermott International stock in the last two years include David Dickson, Gary Luquette, Ian Prescott, Linh Austin, Stuart Spence and Tareq Kawash. View Insider Buying and Selling for McDermott International.

Shares of MDR 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 MDR stock can currently be purchased for approximately $7.23.

McDermott International has a market capitalization of $1.31 billion and generates $2.98 billion in revenue each year. The oil and gas company earns $178.54 million in net income (profit) each year or $1.92 on an earnings per share basis. McDermott International employs 11,800 workers across the globe.

The official website for McDermott International is http://www.mcdermott.com.

McDermott International's mailing address is 4424 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX, 77041. The oil and gas company can be reached via phone at 281-870-5000 or via email at [email protected]