NYSE:NBR - Nabors Industries Stock Price, News, & Analysis

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

Nabors Industries declared a quarterly dividend on Friday, July 27th. Stockholders of record on Tuesday, September 11th will be given a dividend of $0.06 per share on Tuesday, October 2nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date is Monday, September 10th. View Nabors Industries' Dividend History.

Nabors Industries Ltd. (NYSE:NBR) released its earnings results on Tuesday, July, 31st. The oil and gas company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.24) by $0.15. The oil and gas company earned $761.92 million during the quarter, compared to analysts' expectations of $755.76 million. Nabors Industries had a negative net margin of 21.21% and a negative return on equity of 14.97%. Nabors Industries's revenue was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.41) earnings per share. View Nabors Industries' Earnings History.

Nabors Industries is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Nabors Industries.

19 brokerages have issued 12-month price objectives for Nabors Industries' stock. Their predictions range from $7.00 to $13.00. On average, they anticipate Nabors Industries' stock price to reach $9.1842 in the next twelve months. This suggests a possible upside of 45.8% from the stock's current price. View Analyst Price Targets for Nabors Industries.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 5 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nabors Industries.

Nabors Industries saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 61,630,874 shares, an increase of 12.3% from the July 13th total of 54,895,275 shares. Based on an average trading volume of 11,673,424 shares, the short-interest ratio is presently 5.3 days. Approximately 18.9% of the shares of the company are short sold. 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), Ocean Rig UDW (ORIG), Diamond Offshore Drilling (DO), Rowan Companies (RDC), Noble (NE), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Key Energy Services (KEG), Seadrill Partners (SDLP), Pioneer Energy Services (PES) and Independence Contract Drilling (ICD).

News articles about NBR stock have trended somewhat positive on Tuesday, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nabors Industries earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 46.91 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Nabors Industries.

Nabors Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.76%), Dimensional Fund Advisors LP (7.44%), Van ECK Associates Corp (4.98%), Deprince Race & Zollo Inc. (1.35%), Victory Capital Management Inc. (0.89%) and Strs Ohio (0.71%). 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 Wedge Capital Management L L P NC, Victory Capital Management Inc., Lonestar Capital Management LLC, Renaissance Technologies LLC, California Public Employees Retirement System, Greatmark Investment Partners Inc., Retirement Systems of Alabama and Federated Investors Inc. PA. 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., BlackRock Inc., Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, Van ECK Associates Corp, Laurion Capital Management LP, Stevens Capital Management LP and Grisanti Capital Management LLC. 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 $6.30.

Nabors Industries has a market capitalization of $2.14 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 HM08 D0, HM08. The oil and gas company can be reached via phone at 441-292-1510 or via email at [email protected]