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

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

Rowan Companies PLC (NYSE:RDC) posted its quarterly earnings results on Wednesday, August, 1st. The oil and gas company reported ($0.60) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.93) by $0.33. The oil and gas company earned $241.30 million during the quarter, compared to the consensus estimate of $207.71 million. Rowan Companies had a negative net margin of 9.41% and a negative return on equity of 4.70%. Rowan Companies's revenue was down 24.6% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.25) EPS. View Rowan Companies' Earnings History.

Rowan Companies is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Rowan Companies.

18 brokers have issued 1 year price targets for Rowan Companies' shares. Their forecasts range from $11.00 to $20.00. On average, they expect Rowan Companies' stock price to reach $14.8462 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Rowan Companies.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rowan Companies.

Some companies that are related to Rowan Companies include Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN), Ensco (ESV), Diamond Offshore Drilling (DO), Ocean Rig UDW (ORIG), Nabors Industries (NBR), Noble (NE), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Key Energy Services (KEG), Seadrill Partners (SDLP), Pioneer Energy Services (PES) and Independence Contract Drilling (ICD).

Media headlines about RDC stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Rowan Companies earned a media and rumor sentiment score of 0.20 on Accern's scale. They also assigned news stories about the oil and gas company an impact score of 48.11 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Rowan Companies.

Rowan Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.09%), Dimensional Fund Advisors LP (8.36%), Millennium Management LLC (3.18%), Macquarie Group Ltd. (2.62%), Luminus Management LLC (2.33%) and FMR LLC (1.74%). Company insiders that own Rowan Companies stock include Richard Jason Anderson and Stephen M Butz. View Institutional Ownership Trends for Rowan Companies.

RDC stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Contrarius Investment Management Ltd, Schwab Charles Investment Management Inc., Robeco Institutional Asset Management B.V., Paloma Partners Management Co, Schroder Investment Management Group, Bank of Montreal Can and California Public Employees Retirement System. Company insiders that have sold Rowan Companies company stock in the last year include Richard Jason Anderson and Stephen M Butz. View Insider Buying and Selling for Rowan Companies.

RDC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Point72 Asset Management L.P., Renaissance Technologies LLC, Richard Bernstein Advisors LLC, Jennison Associates LLC, Luminus Management LLC, TVR Capital Management LP and Marshall Wace LLP. View Insider Buying and Selling for Rowan Companies.

Shares of RDC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of RDC stock can currently be purchased for approximately $12.98.

Rowan Companies has a market capitalization of $1.71 billion and generates $1.28 billion in revenue each year. The oil and gas company earns $72.70 million in net income (profit) each year or ($0.64) on an earnings per share basis. Rowan Companies employs 2,800 workers across the globe.

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]