Rowan Cos. Company Profile (NYSE:RDC)

About Rowan Cos.

Rowan Cos. logoRowan Companies plc is a provider of offshore contract drilling services to the international oil and gas industry. The Company operates through two segments: deepwater and jack-ups. Its deepwater segment consists of drillship operations. Its fleet consists of approximately 30 mobile offshore drilling units, including self-elevating jack-up rigs and ultra-deepwater drillships. Its drilling fleet consists of approximately four ultra-deepwater drillships; 20 high-specification cantilever jack-up rigs, including three N-Class rigs, four EXL class rigs, three 240C class rigs, four enhanced Super Gorilla class rigs, one Gorilla class rig, and four Tarzan Class rigs, and eight cantilever jack-up rigs, including two Gorilla class rigs and six 116-C class rigs. The Company's fleet operates across the world, including the United States Gulf of Mexico, the United Kingdom and Norwegian sectors of the North Sea, the Middle East and Trinidad.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Drilling
  • Exchange: NYSE
  • Symbol: RDC
  • CUSIP: G7665A10
Key Metrics:
  • Previous Close: $13.98
  • 50 Day Moving Average: $14.04
  • 200 Day Moving Average: $15.82
  • 52-Week Range: $10.67 - $21.83
  • Trailing P/E Ratio: 7.81
  • Foreward P/E Ratio: -20.56
  • P/E Growth: -0.08
  • Market Cap: $1.75B
  • Outstanding Shares: 125,420,000
  • Beta: 1.54
  • Net Margins: 10.24%
  • Return on Equity: 9.22%
  • Return on Assets: 5.32%
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 4.36%
  • Quick Ratio: 4.36%
Additional Links:
Companies Related to Rowan Cos.:

Analyst Ratings

Consensus Ratings for Rowan Cos. (NYSE:RDC) (?)
Ratings Breakdown: 5 Sell Ratings, 16 Hold Ratings, 10 Buy Ratings
Consensus Rating:Hold (Score: 2.16)
Consensus Price Target: $17.28 (23.57% upside)

Analysts' Ratings History for Rowan Cos. (NYSE:RDC)
DateFirmActionRatingPrice TargetDetails
10/10/2016Citigroup Inc.Boost Price TargetNeutral$15.00 -> $16.00View Rating Details
10/7/2016Seaport Global SecuritiesDowngradeBuy -> Neutral$15.00View Rating Details
10/3/2016Societe GeneraleDowngradeHold -> Sell$16.00 -> $11.00View Rating Details
9/28/2016Jefferies GroupSet Price TargetBuy$18.00 -> $17.00View Rating Details
9/23/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$15.00 -> $13.00View Rating Details
9/22/2016Evercore ISIReiterated RatingBuyView Rating Details
9/19/2016Zephirin GroupUpgradeHold -> Buy$18.00View Rating Details
9/19/2016FBR & CoReiterated RatingBuyView Rating Details
9/16/2016Piper Jaffray Cos.Lower Price TargetOverweight$15.50 -> $14.15View Rating Details
9/14/2016ScotiabankInitiated CoverageSector Perform$17.00View Rating Details
9/14/2016Howard WeilInitiated CoverageSector Perform$17.00View Rating Details
8/16/2016NomuraSet Price TargetHold$14.00View Rating Details
8/13/2016RBC Capital MarketsReiterated RatingSector Perform$22.00 -> $16.00View Rating Details
8/12/2016Royal Bank Of CanadaLower Price TargetSector Perform$22.00 -> $16.00View Rating Details
8/3/2016Deutsche Bank AGBoost Price TargetHold$16.00 -> $20.00View Rating Details
8/3/2016JPMorgan Chase & Co.Set Price TargetBuy$19.00View Rating Details
7/26/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
7/12/2016StephensUpgradeEqual Weight -> Overweight$18.00 -> $23.00View Rating Details
7/5/2016Iberia CapitalDowngradeOutperform -> Sector Perform$19.00View Rating Details
6/13/2016Johnson RiceUpgradeAccumulate -> BuyView Rating Details
6/13/2016Bank of America Corp.Reiterated RatingUnderperformView Rating Details
4/11/2016Clarkson CapitalReiterated RatingNeutralView Rating Details
3/28/2016Barclays PLCLower Price TargetEqual Weight$13.00 -> $12.00View Rating Details
3/21/2016Cowen and CompanyLower Price Target$16.00 -> $14.00View Rating Details
3/9/2016Fearnley FondsReiterated RatingAccumulate -> ReduceView Rating Details
2/29/2016SusquehannaBoost Price Target$13.00 -> $14.00View Rating Details
2/29/2016KLR GroupLower Price TargetBuy$21.00 -> $17.00View Rating Details
1/28/2016Morgan StanleyUpgradeUnderweight -> Equal Weight$20.00 -> $17.00View Rating Details
1/21/2016Goldman Sachs Group Inc.Lower Price TargetNeutral$13.75 -> $13.00View Rating Details
12/28/2015Imperial CapitalDowngradeSellView Rating Details
12/22/2015Credit Agricole SADowngradeOutperform -> UnderperformView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$24.00View Rating Details
10/8/2015KeyCorpInitiated CoverageSector WeightView Rating Details
9/9/2015Tudor PickeringDowngradeAccumulate -> HoldView Rating Details
2/23/2015Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details
2/18/2015BMO Capital MarketsInitiated CoverageMarket Perform$25.00View Rating Details
2/4/2015Nordea Equity ResearchDowngradeHold -> Sell$23.00 -> $18.00View Rating Details
(Data available from 10/28/2014 forward)


Earnings History for Rowan Cos. (NYSE:RDC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2016Q216$0.81$0.75$470.98 million$611.90 millionViewN/AView Earnings Details
5/4/2016Q116$0.72$0.98$492.85 million$500.20 millionViewN/AView Earnings Details
2/26/2016Q415$0.74$0.95$530.16 million$535.80 millionViewListenView Earnings Details
11/3/2015Q315$0.52$0.89$520.09 million$545.40 millionViewN/AView Earnings Details
8/5/2015Q215$0.55$0.70$507.16 million$508.70 millionViewN/AView Earnings Details
5/6/2015Q115$0.70$0.99$533.08 million$547.00 millionViewN/AView Earnings Details
2/27/2015Q414$0.89$0.89$529.90 million$556.20 millionViewListenView Earnings Details
11/5/2014Q314$0.54$0.63$465.30 million$467.70 millionViewListenView Earnings Details
8/6/2014Q214$0.24$0.33$416.20 million$422.90 millionViewListenView Earnings Details
5/6/2014Q114$0.21$0.28$375.53 million$377.60 millionViewListenView Earnings Details
2/27/2014Q4$0.41$0.42$389.21 million$393.40 millionViewListenView Earnings Details
11/5/2013Q313$0.43$0.42$382.90 million$382.80 millionViewListenView Earnings Details
8/6/2013Q2 2013$0.56$0.57$399.84 million$408.90 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.53$0.55$386.49 million$394.20 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.48$0.57$356.28 million$354.20 millionViewListenView Earnings Details
10/31/2012$0.48$0.21ViewN/AView Earnings Details
8/2/2012$0.51$0.51ViewN/AView Earnings Details
5/2/2012$0.35$0.42ViewN/AView Earnings Details
2/28/2012$0.32$0.36ViewN/AView Earnings Details
11/1/2011$0.39$1.53ViewN/AView Earnings Details
8/2/2011$0.34$0.38ViewN/AView Earnings Details
5/3/2011$0.29$0.24ViewN/AView Earnings Details
2/25/2011$0.29$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Rowan Cos. (NYSE:RDC)
Current Year EPS Consensus Estimate: $1.68 EPS
Next Year EPS Consensus Estimate: $-0.68 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201611$0.53$0.75$0.68
Q2 20167$0.56$0.76$0.66
Q3 20167($0.15)$0.62$0.11
Q4 20167($0.15)$0.74$0.14
Q1 20174($0.16)$0.16$0.02
Q2 20174($0.40)($0.03)($0.26)
Q3 20174($0.54)($0.05)($0.27)
Q4 20174($0.60)($0.06)($0.23)
Q1 20181($0.09)($0.09)($0.09)
Q2 20181($0.16)($0.16)($0.16)
(Data provided by Zacks Investment Research)


Current Dividend Information for Rowan Cos. (NYSE:RDC)
Annual Dividend:$0.10
Dividend Yield:0.72%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:5.65% (Based on Trailing 12 Months of Earnings)
5.95% (Based on Current Year Consensus EPS Estimate)
-14.71% (Based on Next Year Consensus EPS Estimate)

Dividend History for Rowan Cos. (NYSE:RDC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Rowan Cos. (NYSE:RDC)
Insider Ownership Percentage: 0.97%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/19/2015Tore I SandvoldDirectorBuy5,000$22.29$111,450.00View SEC Filing  
6/11/2014Frankie Derek NecaiseSVPSell4,360$31.96$139,345.60View SEC Filing  
6/11/2014John L BuvensVPSell55,000$31.96$1,757,800.00View SEC Filing  
6/10/2014Mark A KellerVPSell49,000$32.20$1,577,800.00View SEC Filing  
3/5/2014Suzanne NimocksDirectorBuy1,200$32.77$39,324.00View SEC Filing  
3/4/2014Thomas HixDirectorBuy5,000$32.76$163,800.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Rowan Cos. (NYSE:RDC)
News IconNews Buzz - Huntington Bancshares Incorporated, (NASDAQ:HBAN), Rowan Companies, (NYSE:RDC) - Money News (NYSE:RDC) - October 27 at 7:05 PM logoRowan Cos. Plc breached its 50 day moving average in a Bearish Manner : RDC-US : October 26, 2016 (NYSE:RDC) - October 26 at 10:30 AM
News IconWhat will be the predicted Move for Rowan Companies plc (NYSE ... - FactsReporter (NYSE:RDC) - October 25 at 7:02 PM
News IconHow Rowan Companies plc (NYSE:RDC) trades after earning ... - The Independent Republic (NYSE:RDC) - October 25 at 7:02 PM
News IconStock in Limelight: Rowan Companies plc (NYSE:RDC), Murphy Oil Corporation (NYSE:MUR) - The Newburgh Press (NYSE:RDC) - October 24 at 12:30 PM
News IconRowan Cos. (RDC) Given Consensus Rating of “Hold” by Brokerages - DailyQuint (NYSE:RDC) - October 22 at 11:00 AM logoRowan Companies - Complete Fleet Status As Of October 18 And Commentary (NYSE:RDC) - October 21 at 10:32 AM logoHere’s The Status Of Rowan Companies PLC (NYSE:RDC)’s Fleet (NYSE:RDC) - October 21 at 10:32 AM logoAtwood, Seadrill Continue to be Top Offshore Takeover Picks (NYSE:RDC) - October 21 at 10:32 AM logoHere's The Status Of Rowan Companies PLC (NYSE:RDC)'s Fleet - Market Exclusive (NYSE:RDC) - October 20 at 7:17 PM
News IconStocks Logging Active Run- Rowan Companies (NYSE:RDC), Yadkin Financial (NYSE:YDKN), Workday (NYSE:WDAY) - Seneca Globe (NYSE:RDC) - October 20 at 8:28 AM
News IconAnalysts Valuations For Two Stocks: 3D Systems Corporation (NYSE:DDD), Rowan Companies plc (NYSE:RDC) - The Voice Registrar (NYSE:RDC) - October 19 at 3:36 PM logoRowan Provides Fleet Contract Status Update (NYSE:RDC) - October 19 at 3:36 PM logo3:32 am Rowan Cos provides fleet status update (NYSE:RDC) - October 19 at 3:36 PM
News IconRowan Companies plc (NYSE:RDC) Analyst Opinion | The ... - The Independent Republic (NYSE:RDC) - October 18 at 6:53 PM logoETF’s with exposure to Rowan Cos. Plc : October 18, 2016 (NYSE:RDC) - October 18 at 12:18 PM
News IconUpcoming Earnings Report: Rowan Companies plc (NYSE:RDC) - The Voice Registrar (NYSE:RDC) - October 17 at 6:52 PM
News IconUpcoming Earnings Report: Rowan Companies plc (RDC) | Voice ... - The Voice Registrar (NYSE:RDC) - October 17 at 6:52 PM logoUS Natural Gas Rig Count Rose Last Week (NYSE:RDC) - October 17 at 12:11 PM
News IconStocks Buzz: Rowan Companies plc (NYSE:RDC), Skyline Medical Inc. (NASDAQ:SKLN) - The Newburgh Press (NYSE:RDC) - October 14 at 10:16 AM
News IconAnalysts Valuations For Two Stocks: Rowan Companies PLC (NYSE:RDC), Achillion Pharmaceuticals, Inc. (NASDAQ ... - The Voice Registrar (NYSE:RDC) - October 12 at 12:26 PM logoRowan Companies plc (NYSE:RDC) Accounts Payable At $109.574 Millions (NYSE:RDC) - October 7 at 12:11 PM
News IconBrokerage Firm Target Review on Rowan Companies plc (NYSE:RDC) (NYSE:RDC) - October 5 at 6:52 PM logoWhich Oilfield Services Stocks Lead in Short Interest? (NYSE:RDC) - October 5 at 12:17 PM
News IconStock in Focus- Rowan Companies plc (NYSE:RDC) - Hot Stocks Point (NYSE:RDC) - October 3 at 6:34 PM logoRowan Schedules 3rd Quarter 2016 Earnings Release Date and Conference Call (NYSE:RDC) - October 3 at 6:33 PM logoRowan Companies plc (NYSE:RDC) Accounts Payable At $109.644 (NYSE:RDC) - October 2 at 10:57 AM logoRowan Companies plc (NYSE:RDC) Accounts Payable At $109.644 - (NYSE:RDC) - September 30 at 3:33 PM
News IconRowan Companies plc (NYSE:RDC) Quarterly Analytical Analysis - Newburgh Press (NYSE:RDC) - September 30 at 3:33 PM logoRowan Cos. Plc – Value Analysis (NYSE:RDC) : September 30, 2016 (NYSE:RDC) - September 30 at 3:33 PM
News IconLatest Analyst Ratings For Rowan Companies Plc (NYSE:RDC) - The De Soto Edge (NYSE:RDC) - September 29 at 12:06 PM logoRowan Cos. Plc breached its 50 day moving average in a Bullish Manner : RDC-US : September 29, 2016 (NYSE:RDC) - September 29 at 12:06 PM logoRowan (RDC) Stock Price Target Reduced at Jefferies (NYSE:RDC) - September 28 at 6:44 PM
News IconInvestor's Watch List: CONSOL Energy Inc. (NYSE:CNX), Rowan Companies plc (NYSE:RDC) - Newburgh Press (NYSE:RDC) - September 28 at 12:12 PM
News Icon2 Stocks Attracting Analyst Attention: Wabash National Corporation (NYSE:WNC), Rowan Companies PLC (NYSE:RDC) - The Voice Registrar (NYSE:RDC) - September 27 at 11:36 AM
News IconAnalysts Recommendation and Rating Review: Rowan Companies ... - Post Registrar (NYSE:RDC) - September 26 at 7:02 PM logoDoes US Natural Gas Production Depend on Natural Gas Rigs? (NYSE:RDC) - September 26 at 11:48 AM
News IconStock Grabbing Investor's Attention: Rowan Companies plc (NYSE:RDC), Murphy Oil Corporation (NYSE:MUR) - Newburgh Press (NYSE:RDC) - September 23 at 6:31 PM logoRowan Cos downgraded by Credit Suisse (NYSE:RDC) - September 23 at 6:31 PM
News IconRowan Companies plc (NYSE:RDC) Upcoming Earnings: What matter for investors? - The Voice Registrar (NYSE:RDC) - September 22 at 11:48 AM
News IconRowan Cos. (RDC) Price Target Lowered to $14.15 at Piper Jaffray Cos (NYSE:RDC) - September 21 at 11:02 AM
News IconStock in the Traders Limelight- Rowan Companies plc's (RDC) - Hot Stocks Point (NYSE:RDC) - September 19 at 11:33 AM logoRowan Announced A New Deal With Cobalt And Its Drillship Rowan Reliance (NYSE:RDC) - September 16 at 6:47 PM logoRowan (RDC) Amends Cobalt International Drilling Contract (NYSE:RDC) - September 16 at 6:47 PM
News IconCisco Systems, Inc. (NASDAQ:CSCO) & Rowan Companies PLC (NYSE:RDC) UPDATE ON U.S STOCKS : 15 SEP 2016 - Money News (NYSE:RDC) - September 16 at 10:32 AM
News IconAnalysts Valuations For Two Stocks: Rowan Companies PLC (NYSE:RDC), Guess', Inc. (NYSE:GES) - The Voice Registrar (NYSE:RDC) - September 16 at 10:32 AM logoRowan Companies plc (NYSE:RDC) Held $484.228 In Cash And Short-Term Investments (NYSE:RDC) - September 15 at 7:02 PM logoRowan Announces Amendment of Customer Contract (NYSE:RDC) - September 15 at 7:02 PM logoRowan Shares Down 20.2% Since SmarTrend's Sell Call (RDC) (NYSE:RDC) - September 15 at 10:32 AM logoRowan Companies - Strong Financials But Less Potential (NYSE:RDC) - September 14 at 11:23 AM


Rowan Cos. (NYSE:RDC) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff