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) issued its quarterly earnings results on Wednesday, October, 31st. The oil and gas company reported ($1.13) EPS for the quarter, topping analysts' consensus estimates of ($1.15) by $0.02. The oil and gas company earned $192.90 million during the quarter, compared to analyst estimates of $179.39 million. Rowan Companies had a negative return on equity of 7.11% and a negative net margin of 23.47%. The company's quarterly revenue was down 33.8% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.16) earnings per share. View Rowan Companies' Earnings History.

Rowan Companies is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Rowan Companies.

19 brokers have issued 1 year price targets for Rowan Companies' shares. Their predictions range from $10.00 to $20.00. On average, they anticipate Rowan Companies' share price to reach $14.4167 in the next year. This suggests a possible upside of 10.0% from the stock's current price. View Analyst Price Targets for Rowan Companies.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 11 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rowan Companies.

Media headlines about RDC stock have been trending positive recently, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Rowan Companies earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future.

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

Rowan Companies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.77%), Odey Asset Management Group Ltd (9.45%), Dimensional Fund Advisors LP (8.32%), Centerbridge Partners L.P. (4.02%), Macquarie Group Ltd. (2.70%) and Mackenzie Financial Corp (2.38%). 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 New York State Common Retirement Fund, TVR Capital Management LP, Canada Pension Plan Investment Board, Dupont Capital Management Corp, Mackenzie Financial Corp, KBC Group NV, D. E. Shaw & Co. Inc. and Jennison Associates LLC. 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 bought by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Van ECK Associates Corp, Centerbridge Partners L.P., Odey Asset Management Group Ltd, IndexIQ Advisors LLC, Oregon Public Employees Retirement Fund, Prudential PLC and BlackRock Inc.. 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 $13.11.

Rowan Companies has a market capitalization of $1.67 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.

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]