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. Stockholders of record on Friday, December 13th will be paid a dividend of $0.01 per share on Friday, January 3rd. This represents a $0.04 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, December 12th. 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 the consensus estimate of ($0.27) by $0.50. The oil and gas company earned $715.80 million during the quarter, compared to analyst estimates of $746.32 million. Nabors Industries had a negative return on equity of 17.15% and a negative net margin of 23.02%. The firm's revenue for the quarter was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the company 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.

14 analysts have issued twelve-month target prices for Nabors Industries' shares. Their forecasts range from $1.50 to $4.00. On average, they expect Nabors Industries' share price to reach $2.70 in the next twelve months. This suggests a possible upside of 17.6% 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.

Press coverage about NBR stock has trended very positive recently, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nabors Industries earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Nabors Industries.

Nabors Industries saw a increase in short interest in 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 daily trading volume, of 7,890,000 shares, the short-interest ratio is presently 4.5 days. Currently, 10.8% 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), 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 a variety of of institutional and retail 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 acquired 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 $2.30.

Nabors Industries has a market capitalization of $835.87 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 ($1.32) 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]