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 declared a quarterly dividend on Friday, April 20th. Shareholders of record on Tuesday, June 12th will be paid a dividend of $0.06 per share on Tuesday, July 3rd. This represents a $0.24 annualized dividend and a yield of 3.84%. The ex-dividend date of this dividend is Monday, June 11th. View Nabors Industries' Dividend History.

Nabors Industries Ltd. (NYSE:NBR) posted its quarterly earnings data on Tuesday, May, 1st. The oil and gas company reported ($0.29) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.28) by $0.01. The oil and gas company earned $734.66 million during the quarter, compared to analyst estimates 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.

21 analysts have issued 12 month price targets for Nabors Industries' shares. Their forecasts range from $6.00 to $18.00. On average, they expect Nabors Industries' stock price to reach $9.7250 in the next year. View Analyst Ratings for Nabors Industries.

Nabors Industries saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 53,577,372 shares, an increase of 28.3% from the May 15th total of 41,749,691 shares. Based on an average daily trading volume, of 15,821,609 shares, the days-to-cover ratio is currently 3.4 days. Currently, 16.7% of the company's stock are sold short.

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 Seadrill (SDRL).

Press coverage about NBR stock has trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nabors Industries earned a daily sentiment score of 0.18 on Accern's scale. They also gave media headlines about the oil and gas company an impact score of 46.76 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Nabors Industries' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.79%), Dimensional Fund Advisors LP (8.43%), Van ECK Associates Corp (5.30%), Millennium Management LLC (4.67%), Thunderbird Partners LLP (1.72%) and Victory Capital Management Inc. (1.25%). 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 Prudential Financial Inc., Point72 Asset Management L.P., Thrivent Financial for Lutherans, Arosa Capital Management LP, Mitchell Group Inc., Wedge Capital Management L L P NC, California Public Employees Retirement System and JPMorgan Chase & Co.. View Insider Buying and Selling for Nabors Industries.

NBR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Dimensional Fund Advisors LP, Centenus Global Management LP, A.R.T. Advisors LLC, Susquehanna Fundamental Investments LLC, Van ECK Associates Corp, SCP Investment LP and Engineers Gate Manager LP. 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 $6.25.

Nabors Industries has a market capitalization of $2.30 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]