Noble (NE) Stock Price, News & Analysis

Company Overview

Noble Corporation plc (NYSE:NE) is an offshore drilling contractor that provides services to energy companies involved in the exploration and development of oil and natural gas resources. The company operates a fleet of offshore drilling units, including drillships, semisubmersible rigs and jackup rigs, and performs drilling activities in deepwater, harsh-environment and other offshore settings.

Noble’s services include contract drilling, rig operations and related offshore support for exploration and production programs. Its fleet serves customers in major offshore energy regions, including the North Sea, the Gulf of Mexico, West Africa, the Mediterranean and other international markets, depending on customer demand and contract activity.

The company traces its history to 1921 and has expanded through acquisitions and fleet development. In 2024, Noble completed its acquisition of Diamond Offshore Drilling, broadening its fleet and global operating presence. Noble is led by Robert W. Eifler, who serves as president and chief executive officer.

Key Stats

• Today's Range: $43.52 to $44.41
• 50-Day Range: $39.32 to $48.17
• 52-Week Range: $26.69 to $54.98
• Volume: 2.16 million shs
• Average Volume: 1.10 million shs
• Market Capitalization: $7.06 billion
• P/E Ratio: 47.58
• Dividend Yield: 4.52%
• Price Target: $44.71
• Consensus Rating: Hold

Noble Stock Analysis - MarketRank™

Noble scored higher than 56% of companies evaluated by MarketBeat, and ranked 146th out of 250 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Hold

Consensus Rating

Noble has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 strong buy rating, 2 buy ratings, 5 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Noble is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Noble has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 420.00%

Earnings Growth

Earnings for Noble are expected to grow by 420.00% in the coming year, from $0.40 to $2.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Noble is 47.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Noble is 47.58, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 21.06.

Price to Book Value per Share Ratio

Noble has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.25% of the float of Noble has been sold short.

Short Interest Ratio / Days to Cover

Noble has a short interest ratio ("days to cover") of 14.03, which indicates bearish sentiment.

Change versus previous month

Short interest in Noble has recently decreased by 2.34%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Noble is a leading dividend payer. It pays a dividend yield of 4.53%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Noble does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Noble is 215.05%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Noble will have a dividend payout ratio of 96.15% in the coming year. This indicates that Noble may not be able to sustain their current dividend.

News and Social Media

• Score: 4.7 / 5
• News Sentiment: 1.59

News Sentiment

Noble has a news sentiment score of 1.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Noble this week, compared to 3 articles on an average week.

Search Interest

2 people have searched for NE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

1 people have added Noble to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Noble insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.50% of the stock of Noble is held by insiders.

Percentage Held by Institutions

68.14% of the stock of Noble is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 6/25 Dividend: 6/04/2026
• Ex-Dividend for 6/25 Dividend: 6/04/2026
• Dividend Payable: 6/25/2026
• Last Earnings: 7/27/2026
• Record date for 9/24 Dividend: 9/03/2026
• Ex-Dividend for 9/24 Dividend: 9/03/2026
• Today: 9/19/2026
• Dividend Payable: 9/24/2026
• Next Earnings (Estimated): 10/26/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Energy Equipment & Services
• Sub-Industry: Oil & Gas Drilling
• Current Symbol: NYSE:NE
• CIK: 1895262
• Web: www.noblecorp.com
• Phone: (281) 276-6100
• Fax: 44-20-3300-2301
• Employees: 4,500
• Year Founded: 1921

Price Target and Rating

• Average Price Target for Noble: $44.71
• High Price Target: $59.00
• Low Price Target: $33.00
• Potential Upside/Downside: +1.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.93
• Trailing P/E Ratio: 47.58
• Forward P/E Ratio: 110.62
• P/E Growth: N/A
• Net Income: $216.72 million
• Net Margins: 4.88%
• Pretax Margin: 6.44%
• Return on Equity: 1.93%
• Return on Assets: 1.18%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 1.91
• Quick Ratio: 1.91

Sales & Book Value

• Annual Sales: $3.29 billion
• Price / Sales: 2.15
• Cash Flow: $4.32 per share
• Price / Cash Flow: 10.25
• Book Value: $28.64 per share
• Price / Book: 1.54

Miscellaneous

• Outstanding Shares: 159,640,000
• Free Float: 157,247,000
• Market Cap: $7.06 billion
• Optionable: Optionable
• Beta: 0.92