NYSE:NE

Noble (NE) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$46.03
$48.00
50-Day Range
N/A
52-Week Range
$0.12
$2.32
Volume
695,876 shs
Average Volume
961,784 shs
Market Capitalization
$6.57 billion
P/E Ratio
13.91
Dividend Yield
3.48%
Price Target
$60.50

Noble MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
31.4% Upside
$60.50 Price Target
Short Interest
Healthy
6.05% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Noble in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$2.23 M Sold Last Quarter
Proj. Earnings Growth
41.77%
From $4.07 to $5.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.09 out of 5 stars

Oils/Energy Sector

62nd out of 242 stocks

Drilling Oil & Gas Wells Industry

3rd out of 13 stocks

NE stock logo

About Noble Stock (NYSE:NE)

Noble Corp. Plc engages in the provision offshore drilling services for oil and gas industry. It focuses on a balanced fleet of floating and jackup rigs and the deployment of drilling rigs in oil and gas basins around the world. The company was founded by Lloyd Noble and Art Olson in 1921 and is headquartered in London, the United Kingdom.

NE Stock News Headlines

The ONE AI Stock to own now. (It’s not Nvidia.)
Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …
The ONE AI Stock to own now. (It’s not Nvidia.)
Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …
History’s Most Infamous Courtesan
Menace and Cringe
Why Barnes & Noble Education Shares Are Diving Today
See More Headlines
Receive NE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Noble and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/21 Dividend
3/07/2024
Dividend Payable
3/21/2024
Last Earnings
5/06/2024
Today
5/10/2024
Ex-Dividend for 6/27 Dividend
6/06/2024
Dividend Payable
6/27/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
CIK
N/A
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$60.50
High Stock Price Target
$72.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+28.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$481.90 million
Pretax Margin
19.78%

Debt

Sales & Book Value

Annual Sales
$2.59 billion
Cash Flow
$3.41 per share
Book Value
$27.80 per share

Miscellaneous

Free Float
141,243,000
Market Cap
$6.75 billion
Optionable
Optionable
Beta
1.06
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

NE Stock Analysis - Frequently Asked Questions

Should I buy or sell Noble stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Noble in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NE shares.
View NE analyst ratings
or view top-rated stocks.

What is Noble's stock price target for 2024?

4 brokerages have issued 1-year price targets for Noble's stock. Their NE share price targets range from $49.00 to $72.00. On average, they expect the company's stock price to reach $60.50 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price.
View analysts price targets for NE
or view top-rated stocks among Wall Street analysts.

When is Noble's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our NE earnings forecast
.

How were Noble's earnings last quarter?

Noble Co. plc (NYSE:NE) posted its earnings results on Monday, May, 6th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.56 by $0.11. The company earned $637 million during the quarter, compared to the consensus estimate of $588.65 million. Noble had a net margin of 18.61% and a trailing twelve-month return on equity of 7.03%. The firm's quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 EPS.

How often does Noble pay dividends? What is the dividend yield for Noble?

Noble declared a quarterly dividend on Monday, May 6th. Stockholders of record on Thursday, June 6th will be given a dividend of $0.40 per share on Thursday, June 27th. This represents a $1.60 annualized dividend and a dividend yield of 3.48%. The ex-dividend date is Thursday, June 6th.
Read our dividend analysis for NE
.

Is Noble a good dividend stock?

Noble (NYSE:NE) pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.53%. The dividend payout ratio is 48.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NE will have a dividend payout ratio of 27.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NE.

What guidance has Noble issued on next quarter's earnings?

Noble updated its FY 2024 earnings guidance on Monday, May, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.6 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.

What other stocks do shareholders of Noble own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Noble investors own include Achillion Pharmaceuticals (ACHN), Chesapeake Energy (CHKAQ), Transocean (RIG), Intel (INTC), Bank of America (BAC), General Electric (GE), Energy Transfer (ET), AT&T (T), Ford Motor (F) and Noble Midstream Partners (NBLX).

Who are Noble's major shareholders?

Noble's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.28%), Principal Financial Group Inc. (2.25%), Van ECK Associates Corp (1.48%), William Blair Investment Management LLC (1.07%), Avidian Wealth Solutions LLC (0.92%) and Russell Investments Group Ltd. (0.78%). Insiders that own company stock include Caroline Alting, Laura D Campbell, Laura D Campbell, Pacific Investment Management, Richard B Barker, Robert W Eifler and William M Brown.
View institutional ownership trends
.

This page (NYSE:NE) was last updated on 5/10/2024 by MarketBeat.com Staff

From Our Partners