NYSE:RDC - Rowan Companies Stock Price, Forecast & News

Rowan Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "RDC."

Rowan Companies PLC (NYSE:RDC) announced its quarterly earnings results on Wednesday, October, 31st. The oil and gas company reported ($1.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.15) by $0.02. The oil and gas company had revenue of $192.90 million for the quarter, compared to the consensus estimate of $179.39 million. Rowan Companies had a negative net margin of 42.12% and a negative return on equity of 9.19%. The company's revenue for the quarter was down 33.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.16) earnings per share. View Rowan Companies' Earnings History.

Rowan Companies is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Rowan Companies.

3 Wall Street analysts have issued 12 month price objectives for Rowan Companies' shares. Their forecasts range from $11.00 to $12.00. On average, they anticipate Rowan Companies' stock price to reach $11.46 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View Analyst Price Targets for Rowan Companies.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rowan Companies.

News coverage about RDC stock has been trending positive on Tuesday, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rowan Companies earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Rowan Companies.

Some companies that are related to Rowan Companies include Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Nabors Industries (NBR), 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 Rowan Companies investors own include Transocean (RIG), Intel (INTC), Ensco Rowan (ESV), Ford Motor (F), Marathon Oil (MRO), National-Oilwell Varco (NOV), Schlumberger (SLB), AT&T (T), Exxon Mobil (XOM) and Diamond Offshore Drilling (DO).

One share of RDC stock can currently be purchased for approximately $10.93.

Rowan Companies has a market capitalization of $1.39 billion and generates $824.80 million in revenue each year. The oil and gas company earns $-347,400,000.00 in net income (profit) each year or ($3.72) on an earnings per share basis. Rowan Companies employs 3,300 workers across the globe.View Additional Information About Rowan Companies.

The official website for Rowan Companies is http://www.rowan.com/.

Rowan Companies' mailing address is 2800 POST OAK BOULEVARD SUITE 5450, HOUSTON TX, 77056. The oil and gas company can be reached via phone at 713-621-7800 or via email at [email protected]