NYSE:NBR - Nabors Industries Stock Price, Price Target & More

Nabors Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "NBR."

Nabors Industries announced a quarterly dividend on Friday, April 20th. Shareholders of record on Tuesday, June 12th will be given a dividend of $0.06 per share on Tuesday, July 3rd. This represents a $0.24 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Monday, June 11th. View Nabors Industries' Dividend History.

Nabors Industries Ltd. (NYSE:NBR) announced its quarterly earnings results on Tuesday, May, 1st. The oil and gas company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.28) by $0.01. The oil and gas company earned $734.66 million during the quarter, compared to analysts' expectations of $763.99 million. Nabors Industries had a negative net margin of 19.81% and a negative return on equity of 14.45%. View Nabors Industries' Earnings History.

Nabors Industries is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Nabors Industries.

20 Wall Street analysts have issued twelve-month price targets for Nabors Industries' stock. Their forecasts range from $7.00 to $13.00. On average, they expect Nabors Industries' stock price to reach $9.30 in the next year. This suggests a possible upside of 57.4% from the stock's current price. View Analyst Ratings for Nabors Industries.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Nabors Industries saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 59,424,695 shares, an increase of 10.7% from the June 15th total of 53,678,407 shares. Based on an average trading volume of 13,999,622 shares, the days-to-cover ratio is presently 4.2 days. Currently, 18.2% of the company's stock are sold short. View Nabors Industries' Current Options Chain.

Some companies that are related to Nabors Industries include Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN), Ensco (ESV), Diamond Offshore Drilling (DO), Ocean Rig UDW (ORIG), Rowan Companies (RDC), Noble (NE), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP) and Independence Contract Drilling (ICD).

News headlines about NBR stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring 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. Nabors Industries earned a news impact score of 0.17 on Accern's scale. They also gave media coverage about the oil and gas company an impact score of 45.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Nabors Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Deprince Race & Zollo Inc. (1.35%), Retirement Systems of Alabama (0.13%), Sippican Capital Advisors (0.07%), Bank of Montreal Can (0.06%), Viking Fund Management LLC (0.06%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Nabors Industries stock include Martin Walter and William J Restrepo. View Institutional Ownership Trends for Nabors Industries.

NBR stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Nisa Investment Advisors LLC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Nabors Industries.

NBR stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Viking Fund Management LLC, Sippican Capital Advisors, Oakbrook Investments LLC, Cerebellum GP LLC, Bank of Montreal Can, DnB Asset Management AS and State of Alaska Department of Revenue. Company insiders that have bought Nabors Industries stock in the last two years include Martin Walter and William J Restrepo. View Insider Buying and Selling for Nabors Industries.

Shares of NBR 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 NBR stock can currently be purchased for approximately $5.91.

Nabors Industries has a market capitalization of $2.11 billion and generates $2.57 billion in revenue each year. The oil and gas company earns $-546,810,000.00 in net income (profit) each year or ($1.63) on an earnings per share basis. Nabors Industries employs 15,000 workers across the globe.

Nabors Industries' mailing address is 4 PAR-LA-VILLE ROAD SECOND FLOOR CROWN HOUSE, HAMILTON D0, HM08. The oil and gas company can be reached via phone at 441-292-1510 or via email at [email protected]