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

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$12.98 +0.13 (+1.01 %)
(As of 08/20/2018 02:39 AM ET)
Previous Close$12.98
Today's Range$12.83 - $13.1090
52-Week Range$9.02 - $17.33
Volume2.03 million shs
Average Volume2.70 million shs
Market Capitalization$1.71 billion
P/E Ratio-20.28
Dividend YieldN/A
Beta1.79
Rowan Companies logoRowan Companies plc provides offshore oil and gas contract drilling services to the oil and gas industry. The company operates through Deepwater, Jack-ups, and ARO segments. The Deepwater segment operates 4 ultra-deepwater drillships. The Jack-ups segment operates 23 self-elevating jack-up rigs. The ARO segment operates 5 self-elevating jack-up rigs. The company operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, and Trinidad. Rowan Companies plc was founded in 1923 and is based in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
SymbolNYSE:RDC
CUSIPG7665A10
Phone713-621-7800

Debt

Debt-to-Equity Ratio0.48
Current Ratio6.09
Quick Ratio6.09

Price-To-Earnings

Trailing P/E Ratio-20.28
Forward P/E Ratio-3.64
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.28 billion
Price / Sales1.29
Cash Flow$2.4677 per share
Price / Cash5.26
Book Value$42.66 per share
Price / Book0.30

Profitability

EPS (Most Recent Fiscal Year)($0.64)
Net Income$72.70 million
Net Margins-9.41%
Return on Equity-4.70%
Return on Assets-2.98%

Miscellaneous

Employees2,800
Outstanding Shares127,050,000
Market Cap$1.71 billion

Rowan Companies (NYSE:RDC) Frequently Asked Questions

What is Rowan Companies' stock symbol?

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

How were Rowan Companies' earnings last quarter?

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.

When is Rowan Companies' next earnings date?

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

What price target have analysts set for RDC?

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.

What is the consensus analysts' recommendation 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.

Who are some of Rowan Companies' key competitors?

Who are Rowan Companies' key executives?

Rowan Companies' management team includes the folowing people:
  • Dr. Thomas P. Burke, Pres, CEO & Director (Age 51)
  • Mr. Stephen M. Butz, Exec. VP & CFO (Age 46)
  • Mr. Travis Fred Brooks, Exec. VP of Operations & Engineering (Age 60)
  • Mr. Mark F. Mai, Exec. VP, Gen. Counsel & Company Sec. (Age 57)
  • Mr. Dennis S. Baldwin, Chief Accounting Officer (Age 57)

Has Rowan Companies been receiving favorable news coverage?

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.

Who are Rowan Companies' major shareholders?

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.

Which major investors are selling Rowan Companies stock?

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.

Which major investors are buying Rowan Companies stock?

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.

How do I buy shares of 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.

What is Rowan Companies' stock price today?

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

How big of a company is Rowan Companies?

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.

How can I contact Rowan Companies?

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]


MarketBeat Community Rating for Rowan Companies (NYSE RDC)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  564 (Vote Outperform)
Underperform Votes:  841 (Vote Underperform)
Total Votes:  1,405
MarketBeat's community ratings are surveys of what our community members think about Rowan Companies and other stocks. Vote "Outperform" if you believe RDC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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