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 announced a quarterly dividend on Friday, February 22nd. Investors of record on Tuesday, March 12th will be paid a dividend of $0.01 per share on Tuesday, April 2nd. This represents a $0.04 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Monday, March 11th. View Nabors Industries' Dividend History.

Nabors Industries Ltd. (NYSE:NBR) posted its quarterly earnings results on Tuesday, February, 26th. The oil and gas company reported ($0.55) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $0.38. The oil and gas company earned $782.08 million during the quarter, compared to analyst estimates of $805.82 million. Nabors Industries had a negative return on equity of 13.75% and a negative net margin of 21.03%. The business's revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.34) EPS. View Nabors Industries' Earnings History.

Nabors Industries is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Nabors Industries.

18 Wall Street analysts have issued 12-month price objectives for Nabors Industries' shares. Their predictions range from $2.75 to $12.00. On average, they anticipate Nabors Industries' stock price to reach $7.1308 in the next twelve months. This suggests a possible upside of 104.3% from the stock's current price. View Analyst Price Targets for Nabors Industries.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 2 sell ratings, 7 hold ratings and 9 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 somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nabors Industries earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned media stories 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 effect on the stock's share price in the immediate future.

Nabors Industries saw a drop in short interest during the month of February. As of February 28th, there was short interest totalling 46,577,544 shares, a drop of 11.0% from the February 15th total of 52,340,275 shares. Based on an average daily volume of 13,261,070 shares, the days-to-cover ratio is currently 3.5 days. Approximately 14.5% of the shares of the stock are short sold. View Nabors Industries' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Nabors Industries investors own include Micron Technology (MU), Bank of America (BAC), General Electric (GE), Alibaba Group (BABA), Transocean (RIG), Schlumberger (SLB), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD) and Marathon Oil (MRO).

Nabors Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.74%), Dimensional Fund Advisors LP (8.23%), Van ECK Associates Corp (3.62%), Norges Bank (1.05%), Geode Capital Management LLC (0.98%) and Geode Capital Management LLC (0.98%). Company insiders that own Nabors Industries stock include John P Kotts, John Yearwood, 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 Van ECK Associates Corp, Deprince Race & Zollo Inc., Deprince Race & Zollo Inc., Northern Trust Corp, Squarepoint Ops LLC, Comerica Bank, First Trust Advisors LP and Gotham Asset Management LLC. View Insider Buying and Selling for Nabors Industries.

NBR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Norges Bank, Perella Weinberg Partners Capital Management LP, Two Sigma Investments LP, Dimensional Fund Advisors LP, Principal Financial Group Inc., Connor Clark & Lunn Investment Management Ltd. and RBF Capital LLC. Company insiders that have bought Nabors Industries stock in the last two years include John P Kotts, John Yearwood, 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 $3.49.

Nabors Industries has a market capitalization of $1.25 billion 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.

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]