NYSE:NBR Nabors Industries (NBR) Stock Price, News & Analysis $101.72 +0.91 (+0.90%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$96.78▼$102.5050-Day Range$60.89▼$101.7252-Week Range$59.90▼$141.47Volume366,307 shsAverage Volume244,427 shsMarket Capitalization$1.09 billionP/E RatioN/ADividend YieldN/APrice Target$108.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Nabors Industries alerts: Email Address Nabors Industries MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside6.7% Upside$108.50 Price TargetShort InterestBearish18.17% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.12Based on 32 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($6.47) to $5.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.18 out of 5 starsOils/Energy Sector246th out of 248 stocksDrilling Oil & Gas Wells Industry12th out of 13 stocks 1.2 Analyst's Opinion Consensus RatingNabors Industries has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageNabors Industries has only been the subject of 2 research reports in the past 90 days.Read more about Nabors Industries' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted18.17% of the float of Nabors Industries has been sold short.Short Interest Ratio / Days to CoverNabors Industries has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in Nabors Industries has recently increased by 12.77%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNabors Industries does not currently pay a dividend.Dividend GrowthNabors Industries does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NBR. Previous Next 1.6 News and Social Media Coverage News SentimentNabors Industries has a news sentiment score of -0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 32 news articles for Nabors Industries this week, compared to 3 articles on an average week.MarketBeat Follows2 people have added Nabors Industries to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nabors Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.29% of the stock of Nabors Industries is held by insiders.Percentage Held by Institutions81.92% of the stock of Nabors Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Nabors Industries' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Nabors Industries are expected to grow in the coming year, from ($6.47) to $5.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nabors Industries is -7.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Nabors Industries is -7.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNabors Industries has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Nabors Industries' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monument Traders AllianceNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...Click here to see how >>> About Nabors Industries Stock (NYSE:NBR)Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.Read More NBR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NBR Stock News HeadlinesJuly 26 at 7:06 AM | americanbankingnews.comNabors Industries (NYSE:NBR) Shares Gap Up to $81.00July 25 at 4:54 PM | finanznachrichten.deNabors Industries Ltd.: Nabors Announces Second Quarter 2024 ResultsJuly 26, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...July 25 at 4:54 PM | sg.finance.yahoo.comNBI1.SG,0P0001A09I,0 (NBI1.SG)July 25 at 3:05 AM | gurufocus.comQ2 2024 Nabors Industries Ltd Earnings Call TranscriptJuly 25 at 1:10 AM | americanbankingnews.comBrokers Issue Forecasts for Nabors Industries Ltd.'s Q2 2024 Earnings (NYSE:NBR)July 24 at 1:57 PM | americanbankingnews.comNabors Industries (NYSE:NBR) Posts Earnings Results, Misses Estimates By $2.52 EPSJuly 24 at 12:53 PM | americanbankingnews.comNabors Industries (NYSE:NBR) Announces Earnings Results, Misses Estimates By $2.52 EPSJuly 26, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...July 24 at 12:13 PM | seekingalpha.comNabors Industries Ltd. 2024 Q2 - Results - Earnings Call PresentationJuly 24 at 4:23 AM | americanbankingnews.comQ1 2025 EPS Estimates for Nabors Industries Ltd. Lifted by Zacks Research (NYSE:NBR)July 23 at 4:38 PM | markets.businessinsider.comNabors Industries Ltd. Q2 Earnings SummaryJuly 23 at 4:05 PM | prnewswire.comNabors Announces Second Quarter 2024 ResultsJuly 23 at 1:39 AM | americanbankingnews.comAtb Cap Markets Brokers Lower Earnings Estimates for Nabors Industries Ltd. (NYSE:NBR)July 21, 2024 | americanbankingnews.comNabors Industries (NBR) Set to Announce Quarterly Earnings on TuesdayJuly 19, 2024 | msn.comNabors Industries foresees Q2 revenues slightly below consensusJuly 17, 2024 | prnewswire.comNabors Prices $550 Million Senior Guaranteed Notes OfferingJuly 17, 2024 | prnewswire.comNabors Announces Offering of Senior Guaranteed NotesSee More Headlines Receive NBR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nabors Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/23/2024Today7/26/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryOil & Gas Drilling Current SymbolNYSE:NBR CUSIPG6359F10 CIK1163739 Webwww.nabors.com Phone(441) 292-1510Fax441-292-1334Employees12,000Year Founded1952Price Target and Rating Average Stock Price Target$108.50 High Stock Price Target$150.00 Low Stock Price Target$79.00 Potential Upside/Downside+6.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($13.81) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-11,780,000.00 Net Margins-4.73% Pretax Margin0.40% Return on Equity-28.10% Return on Assets-3.08% Debt Debt-to-Equity Ratio5.01 Current Ratio1.82 Quick Ratio1.53 Sales & Book Value Annual Sales$3.05 billion Price / Sales0.36 Cash Flow$67.83 per share Price / Cash Flow1.50 Book Value$46.87 per share Price / Book2.17Miscellaneous Outstanding Shares10,700,000Free Float9,922,000Market Cap$1.09 billion OptionableOptionable Beta2.22 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Anthony G. Petrello (Age 69)Chairman, President & CEO Comp: $4.76MMr. William J. Restrepo (Age 65)Chief Financial Officer Comp: $2.16MMr. Mark D. Andrews CA (Age 51)CFA, Corporate Secretary Comp: $539.28kMr. R. Clark Wood (Age 52)VP & Chief Accounting Officer Comp: $815.79kMs. Jade StrongSenior VP & Chief Administration OfficerMr. Michael V. CsizmadiaSenior VP, General Counsel & Chief Compliance OfficerMr. Siegfried Meissner (Age 71)President of Energy Transition & Industrial Automation Mr. Travis PurvisSenior Vice President of Global Drilling OperationsMr. Subodh SaxenaSenior Vice President of Canrig & Nabors Drilling SolutionsMiguel RodriguezSenior Vice President of Finance OperationsMore ExecutivesKey CompetitorsPatterson-UTI EnergyNASDAQ:PTENHelmerich & PayneNYSE:HPHighPeak EnergyNASDAQ:HPKBorr DrillingNYSE:BORRPrecision DrillingNYSE:PDSView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 34,473 shares on 7/26/2024Ownership: 1.076%SG Americas Securities LLCBought 2,237 shares on 7/12/2024Ownership: 0.021%GAMMA Investing LLCSold 938 shares on 7/2/2024Ownership: 0.005%Burney Co.Bought 11,480 shares on 5/22/2024Ownership: 0.107%Walleye Trading LLCSold 12,700 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions NBR Stock Analysis - Frequently Asked Questions How have NBR shares performed this year? Nabors Industries' stock was trading at $81.63 at the beginning of the year. Since then, NBR stock has increased by 24.6% and is now trading at $101.72. View the best growth stocks for 2024 here. How were Nabors Industries' earnings last quarter? Nabors Industries Ltd. (NYSE:NBR) issued its earnings results on Tuesday, July, 23rd. The oil and gas company reported ($4.29) EPS for the quarter, missing analysts' consensus estimates of ($1.77) by $2.52. Nabors Industries's revenue for the quarter was down 4.6% compared to the same quarter last year. When did Nabors Industries' stock split? Shares of Nabors Industries reverse split on the morning of Thursday, April 23rd 2020. The 1-50 reverse split was announced on Monday, April 20th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 22nd 2020. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split. What is Anthony G. Petrello's approval rating as Nabors Industries' CEO? 172 employees have rated Nabors Industries Chief Executive Officer Anthony G. Petrello on Glassdoor.com. Anthony G. Petrello has an approval rating of 61% among the company's employees. This puts Anthony G. Petrello in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Does Nabors Industries have any subsidiaries? The following companies are subsidiaries of Nabors Industries: Superior Well Services, PetroMar Technologies Inc., Tesco, Robotic Drilling Systems, Nabors Blue Shield Ltd., Nabors Drilling Holdings Inc., Nabors Drilling International Limited, and others. Who are Nabors Industries' major shareholders? Top institutional investors of Nabors Industries include Bank of New York Mellon Corp (1.08%), SG Americas Securities LLC (0.02%) and GAMMA Investing LLC (0.01%). View institutional ownership trends. How do I buy shares of Nabors Industries? Shares of NBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Nabors Industries own? Based on aggregate information from My MarketBeat watchlists, some other companies that Nabors Industries investors own include Bank of America (BAC), General Electric (GE), Enterprise Products Partners (EPD), Transocean (RIG), Micron Technology (MU), Marathon Oil (MRO) and Intelsat (I). This page (NYSE:NBR) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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