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

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

Shares of McDermott International reverse split on the morning of 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 market closes 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) released its earnings results on Tuesday, October, 30th. The oil and gas company reported $0.20 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.09. The oil and gas company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.50 billion. McDermott International had a net margin of 2.05% and a return on equity of 8.40%. McDermott International's quarterly revenue was up 138.7% compared to the same quarter last year. During the same period last year, the company earned $0.33 EPS. View McDermott International's Earnings History.

McDermott International is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for McDermott International.

5 brokers have issued 12-month price targets for McDermott International's shares. Their predictions range from $13.00 to $38.00. On average, they anticipate McDermott International's stock price to reach $26.38 in the next year. This suggests a possible upside of 244.4% from the stock's current price. View Analyst Price Targets for McDermott International.

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

Press coverage about MDR stock has trended very positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. McDermott International earned a news sentiment score of 3.9 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near 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 a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.68%), Vanguard Group Inc. (8.75%), Dimensional Fund Advisors LP (4.97%), Fairpointe Capital LLC (4.69%), LSV Asset Management (3.31%) and Franklin Resources Inc. (2.41%). 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 Fairpointe Capital LLC, Neuberger Berman Group LLC, Rubric Capital Management LP, Marshall Wace North America L.P., SG Americas Securities LLC, Panagora Asset Management Inc., Canada Pension Plan Investment Board and Clearline Capital LP. View Insider Buying and Selling for McDermott International.

MDR stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Luminus Management LLC, BlackRock Inc., NWQ Investment Management Company LLC, Kingstown Capital Management L.P., Nokota Management LP, Nokota Management LP and Nordea Investment Management AB. 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 $7.66.

McDermott International has a market capitalization of $1.36 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]