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, February 20th. Investors of record on Thursday, March 12th will be given a dividend of $0.01 per share on Thursday, April 2nd. This represents a $0.04 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Wednesday, March 11th. View Nabors Industries' Dividend History.

Nabors Industries Ltd. (NYSE:NBR) posted its quarterly earnings data on Thursday, February, 20th. The oil and gas company reported ($0.77) earnings per share for the quarter, missing analysts' consensus estimates of ($0.27) by $0.50. The oil and gas company had revenue of $715.80 million for the quarter, compared to analysts' expectations of $746.32 million. Nabors Industries had a negative net margin of 23.02% and a negative return on equity of 17.93%. The firm's revenue was down 7.8% compared to the same quarter last year. During the same period last year, the business earned ($0.55) earnings per share. View Nabors Industries' Earnings History.

Nabors Industries is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Nabors Industries.

15 brokers have issued twelve-month price objectives for Nabors Industries' shares. Their forecasts range from $1.50 to $4.00. On average, they expect Nabors Industries' stock price to reach $2.69 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price. View Analyst Price Targets for Nabors Industries.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 4 sell ratings, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nabors Industries.

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

Nabors Industries saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 35,500,000 shares, an increase of 11.2% from the December 31st total of 31,930,000 shares. Based on an average trading volume of 7,890,000 shares, the short-interest ratio is currently 4.5 days. Approximately 10.8% 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), 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), General Electric (GE), Intelsat (I), Transocean (RIG), Encana (ECA), AT&T (T), Fossil Group (FOSL), Micron Technology (MU) and Marathon Oil (MRO).

Nabors Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (5.58%), State Street Corp (4.24%), Van ECK Associates Corp (1.70%), Geode Capital Management LLC (1.35%), Bank of New York Mellon Corp (1.29%) and Charles Schwab Investment Management Inc. (1.02%). 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 MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Virtu Financial LLC, Pinebridge Investments L.P., Jane Street Group LLC, Arizona State Retirement System, Van ECK Associates Corp and Nisa Investment Advisors LLC. View Insider Buying and Selling for Nabors Industries.

NBR stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Public Sector Pension Investment Board, Royce & Associates LP, Banco Bilbao Vizcaya Argentaria S.A., State Street Corp, KBC Group NV, Geode Capital Management LLC and Manatuck Hill Partners 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 $2.04.

Nabors Industries has a market capitalization of $741.38 million and generates $3.05 billion in revenue each year. The oil and gas company earns $-702,890,000.00 in net income (profit) each year or ($1.32) 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]