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 before market open 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 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 Monday, April, 29th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.07. The oil and gas company earned $2.21 billion during the quarter, compared to analysts' expectations of $2.18 billion. McDermott International had a negative net margin of 33.44% and a negative return on equity of 5.13%. McDermott International's revenue for the quarter was up 263.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 EPS. View McDermott International's Earnings History.

McDermott International is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for McDermott International.

McDermott International issued an update on its FY 2019 earnings guidance on Monday, April, 29th. The company provided earnings per share (EPS) guidance of $1.65-1.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.57. The company issued revenue guidance of $10-10 billion, compared to the consensus revenue estimate of $9.91 billion.

2 equities research analysts have issued 1-year target prices for McDermott International's stock. Their forecasts range from $13.00 to $38.00. On average, they anticipate McDermott International's share price to reach $24.6667 in the next year. This suggests a possible upside of 224.1% from the stock's current price. View Analyst Price Targets for McDermott International.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for McDermott International.

News coverage about MDR stock has been trending negative on Tuesday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. McDermott International earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for McDermott International.

McDermott International saw a increase in short interest in May. As of May 15th, there was short interest totalling 41,033,200 shares, an increase of 16.6% from the April 15th total of 35,179,400 shares. Based on an average daily trading volume, of 5,180,000 shares, the short-interest ratio is currently 7.9 days. Currently, 22.8% of the shares of the company are short sold. View McDermott International's Current Options Chain.

Some companies that are related to McDermott International include Parsley Energy (PE), Helmerich & Payne (HP), Saipem (SAPMF), CHINA COAL ENER/ADR (CCOZY), EnLink Midstream (ENLC), CVR Energy (CVI), Shell Midstream Partners (SHLX), WPX Energy (WPX), Yanzhou Coal Mining (YZCAY), DCP Midstream (DCP), EQT (EQT), Murphy Oil (MUR), Plains GP (PAGP), Viper Energy Partners (VNOM) and Transocean (RIG).

Based on aggregate information from My MarketBeat watchlists, some companies that other McDermott International investors own include General Electric (GE), Bank of America (BAC), Chicago Bridge & Iron (CBI), Chesapeake Energy (CHK), AT&T (T), Micron Technology (MU), Ford Motor (F), Advanced Micro Devices (AMD), NVIDIA (NVDA) and Kinder Morgan (KMI).

McDermott International's stock is owned by many different of institutional and retail investors. Top institutional shareholders include LSV Asset Management (3.81%), JPMorgan Chase & Co. (1.44%), Boston Partners (0.70%), Thompson Siegel & Walmsley LLC (0.48%), Thornburg Investment Management Inc. (0.45%) and Investment Management of Virginia LLC (0.43%). 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 Thornburg Investment Management Inc., FMR LLC, LSV Asset Management, New York State Teachers Retirement System, Actinver Wealth Management Inc., California Public Employees Retirement System, SG Americas Securities LLC and Nordea Investment Management AB. View Insider Buying and Selling for McDermott International.

MDR stock was acquired by a variety of institutional investors in the last quarter, including Cooper Creek Partners Management LLC, 361 Capital LLC, First Trust Advisors LP, Trexquant Investment LP, JPMorgan Chase & Co., BNP Paribas Arbitrage SA, Boston Partners and Thompson Siegel & Walmsley LLC. 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 $7.61.

McDermott International has a market capitalization of $1.38 billion and generates $6.71 billion in revenue each year. The oil and gas company earns $-2,687,000,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis. McDermott International employs 31,900 workers across the globe.View Additional Information About McDermott International.

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

McDermott International's mailing address is 757 NORTH ELDRIDGE PARKWAY, HOUSTON TX, 77079. The oil and gas company can be reached via phone at 281-870-5000 or via email at [email protected]