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

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

Nabors Industries announced a quarterly dividend on Thursday, December 5th. Shareholders of record on Friday, December 13th will be given a dividend of $0.01 per share on Friday, January 3rd. This represents a $0.04 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date is Thursday, December 12th. View Nabors Industries' Dividend History.

Nabors Industries Ltd. (NYSE:NBR) announced its earnings results on Tuesday, October, 29th. The oil and gas company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by $0.09. The oil and gas company had revenue of $758.08 million for the quarter, compared to analyst estimates of $777.69 million. Nabors Industries had a negative net margin of 20.02% and a negative return on equity of 16.80%. The firm's revenue for the quarter was down 2.7% on a year-over-year basis. During the same period last year, the firm posted ($0.29) EPS. View Nabors Industries' Earnings History.

Nabors Industries is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Nabors Industries.

14 equities research analysts have issued 12 month price targets for Nabors Industries' shares. Their forecasts range from $1.50 to $4.00. On average, they anticipate Nabors Industries' share price to reach $2.70 in the next year. This suggests a possible upside of 4.0% from the stock's current price. View Analyst Price Targets for Nabors Industries.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 4 sell ratings, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nabors Industries.

News stories about NBR stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nabors Industries earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Nabors Industries.

Nabors Industries saw a increase in short interest in December. As of December 31st, there was short interest totalling 35,500,000 shares, an increase of 11.2% from the December 15th total of 31,930,000 shares. Based on an average daily trading volume, of 8,150,000 shares, the days-to-cover ratio is presently 4.4 days. Approximately 10.6% of the shares of the stock are short sold. View Nabors Industries' Current Options Chain.

Some companies that are related to Nabors Industries include Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Diamond Offshore Drilling (DO), PARKER DRILLING/SH PAR $ (PKD), Unit (UNT), Pioneer Energy Services (PES) and Vantage Drilling (VTGDF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nabors Industries investors own include Bank of America (BAC), Enterprise Products Partners (EPD), Intelsat (I), General Electric (GE), Transocean (RIG), Encana (ECA), AT&T (T), Fossil Group (FOSL), Micron Technology (MU) and Marathon Oil (MRO).

Nabors Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.03%), Wedge Capital Management L L P NC (0.02%), Cerebellum GP LLC (0.02%), Nisa Investment Advisors LLC (0.02%) and Brave Asset Management Inc. (0.01%). Company insiders that own Nabors Industries stock include John P Kotts, John Yearwood, Tanya S Beder 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 Nisa Investment Advisors LLC, Wedge Capital Management L L P NC, Brave Asset Management Inc., Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for Nabors Industries.

NBR stock was purchased by a variety of institutional investors in the last quarter, including Cerebellum GP LLC. Company insiders that have bought Nabors Industries stock in the last two years include John P Kotts, John Yearwood, Tanya S Beder 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, Robinhood, Fidelity and Charles Schwab.

One share of NBR stock can currently be purchased for approximately $2.60.

Nabors Industries has a market capitalization of $944.88 million and generates $3.05 billion in revenue each year. The oil and gas company earns $-640,950,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis. Nabors Industries employs 15,000 workers across the globe.View Additional Information About Nabors Industries.

The official website for Nabors Industries is http://www.nabors.com/.

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]