NYSE:MDR - McDermott International Stock Price, Price Target & More

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 (NYSE:MDR) issued its quarterly earnings data on Tuesday, April, 24th. The oil and gas company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.18. The oil and gas company earned $607.82 million during the quarter, compared to the consensus estimate of $610 million. McDermott International had a return on equity of 11.91% and a net margin of 6.24%. The company's revenue for the quarter was up 17.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.24 earnings per share. View McDermott International's Earnings History.

McDermott International is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for McDermott International.

McDermott International issued an update on its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share (EPS) guidance of $0.42-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.50. The company issued revenue guidance of $3.1-3.3 billion, compared to the consensus revenue estimate of $3.15 billion.

8 Wall Street analysts have issued 1-year price objectives for McDermott International's shares. Their predictions range from $22.50 to $33.00. On average, they anticipate McDermott International's stock price to reach $26.0667 in the next twelve months. This suggests a possible upside of 47.9% from the stock's current price. View Analyst Ratings for McDermott International.

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

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

News headlines about MDR stock have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. McDermott International earned a news impact score of 0.10 on Accern's scale. They also gave news headlines about the oil and gas company an impact score of 50.51 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term.

McDermott International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include James Investment Research Inc. (0.30%), Retirement Systems of Alabama (0.24%), Boston Advisors LLC (0.23%), Creative Planning (0.18%), Sippican Capital Advisors (0.10%) and Municipal Employees Retirement System of Michigan (0.06%). View Institutional Ownership Trends for McDermott International.

MDR stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Boston Advisors LLC, Creative Planning, Sippican Capital Advisors, Municipal Employees Retirement System of Michigan, Louisiana State Employees Retirement System and AMG National Trust Bank. View Insider Buying and Selling for McDermott International.

MDR stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Highland Capital Management LLC, Amalgamated Bank, Birmingham Capital Management Co. Inc. AL and Nisa Investment Advisors LLC. 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 $17.63.

McDermott International has a market capitalization of $1.69 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.

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]