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

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

McDermott International's stock 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 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 (NYSE:MDR) issued its earnings results on Tuesday, April, 24th. The oil and gas company reported $0.51 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.18. The oil and gas company had revenue of $607.82 million for the quarter, compared to analyst estimates of $610 million. McDermott International had a net margin of 6.24% and a return on equity of 11.91%. McDermott International's revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the firm posted $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 guidance of $0.42-0.52 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued twelve-month target prices for McDermott International's stock. Their forecasts range from $22.50 to $33.00. On average, they anticipate McDermott International's stock price to reach $26.0667 in the next year. 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).

Headlines about MDR stock have been trending somewhat negative this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. McDermott International earned a news impact score of 0.00 on Accern's scale. They also assigned news coverage about the oil and gas company an impact score of 45.97 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

McDermott International's stock is owned by many different of institutional and retail 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 acquired 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]