Noble (NE) Stock Price, News & Analysis

Company Overview

Noble (NYSE: NE) is an offshore drilling company that provides drilling services to the global oil and gas industry. The firm operates a fleet of mobile offshore drilling units and delivers contract drilling solutions for exploration and production activities. Its core business centers on executing drilling programs for upstream energy companies across a range of water depths and operating environments.

Products and services include the operation and management of offshore drilling rigs — such as drillships, semisubmersibles and jackups — along with associated technical, engineering and project management services. Noble supports well construction and drilling operations, offering staffing, maintenance, safety and regulatory compliance services that are tailored to customers’ exploration and production projects. The company emphasizes operational reliability, safety practices and technical support to meet complex offshore drilling requirements.

Noble provides services to oil and gas companies in multiple international basins and offshore regions, working under term and dayrate contracts with exploration and production operators. The company’s operations span diverse geographic markets where offshore hydrocarbons are developed, and its commercial activity is focused on securing drilling contracts and managing rig deployment to match customer needs and regional opportunities.

Key Stats

• Today's Range: $53.18 to $54.60
• 50-Day Range: $45.32 to $54.36
• 52-Week Range: $22.37 to $54.61
• Volume: 1.38 million shs
• Average Volume: 1.61 million shs
• Market Capitalization: $8.65 billion
• P/E Ratio: 37.93
• Dividend Yield: 3.69%
• Price Target: $45.38
• Consensus Rating: Hold

Noble Stock Analysis - MarketRank™

Noble scored higher than 54% of companies evaluated by MarketBeat, and ranked 115th out of 249 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: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Noble has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on no strong buy ratings, 2 buy ratings, 8 hold ratings, and 1 sell rating.

Downside Risk

Noble has a consensus price target of $45.38, representing about 16.3% downside from its current price of $54.23.

Amount of Analyst Coverage

Noble has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 186.02%

Earnings Growth

Earnings for Noble are expected to grow by 186.02% in the coming year, from $0.93 to $2.66 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Noble is 81.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Noble is 81.15, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 21.55.

Price to Book Value per Share Ratio

Noble has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.91% 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 4.94.

Change versus previous month

Short interest in Noble has recently decreased by 4.00%, 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 3.68%, 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 139.86%. 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 75.19% in the coming year. This indicates that Noble may not be able to sustain their current dividend.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.57

News Sentiment

Noble has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Noble this week, compared to 3 articles on an average week.

Search Interest

13 people have searched for NE on MarketBeat in the last 30 days. This is an increase of 117% compared to the previous 30 days.

MarketBeat Follows

5 people have added Noble to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Noble insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,318,600.00 in 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 3/19 Dividend: 3/04/2026
• Ex-Dividend for 3/19 Dividend: 3/04/2026
• Dividend Payable: 3/19/2026
• Last Earnings: 4/27/2026
• Today: 5/19/2026
• Record date for 6/25 Dividend: 6/04/2026
• Ex-Dividend for 6/25 Dividend: 6/04/2026
• Dividend Payable: 6/25/2026
• Next Earnings (Estimated): 8/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL&GAS - DRILL
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:NE
• CIK: 1895262
• Web: www.noblecorp.com
• Phone: 442033002300
• Fax: 44-20-3300-2301
• Employees: 4,500
• Year Founded: 1921

Price Target and Rating

• Average Price Target for Noble: $45.38
• High Price Target: $59.00
• Low Price Target: $30.00
• Potential Upside/Downside: -16.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.09
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.43
• Trailing P/E Ratio: 37.93
• Forward P/E Ratio: 58.32
• P/E Growth: N/A
• Net Income: $216.72 million
• Net Margins: 7.17%
• Pretax Margin: 9.95%
• Return on Equity: 2.32%
• Return on Assets: 1.40%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 1.99
• Quick Ratio: 1.99

Sales & Book Value

• Annual Sales: $3.29 billion
• Price / Sales: 2.63
• Cash Flow: $4.30 per share
• Price / Cash Flow: 12.62
• Book Value: $28.75 per share
• Price / Book: 1.89

Miscellaneous

• Outstanding Shares: 159,550,000
• Free Float: 157,153,000
• Market Cap: $8.65 billion
• Optionable: Optionable
• Beta: 0.94