Rowan Cos. Company Profile (NYSE:RDC)

About Rowan Cos.

Rowan Cos. logo

Rowan 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: $13.35
50 Day Moving Average: $13.35
200 Day Moving Average: $16.03
52-Week Range: $10.67 - $21.83
Trailing P/E Ratio: 7.46
Foreward P/E Ratio: -36.08
P/E Growth: -0.08
Market Cap: $1.67B
Outstanding Shares: 125,420,000
Beta: 1.61

Profitability:

Net Margins: 10.24%
Return on Equity: 9.22%
Return on Assets: 5.32%

Debt:

Debt-to-Equity Ratio: 0.52%
Current Ratio: 4.36%
Quick Ratio: 4.36%

Additional Links:

Companies Related to Rowan Cos.:

Consensus Ratings for Rowan Cos. (NYSE:RDC) (?)

Ratings Breakdown:	4 Sell Ratings, 17 Hold Ratings, 11 Buy Ratings
Consensus Rating:	Hold (Score: 2.22)
Consensus Price Target:	$17.85 (33.72% upside)

Analysts' Ratings History for Rowan Cos. (NYSE:RDC)

Show:

Date	Firm	Action	Rating	Price Target
9/23/2016	Credit Suisse Group AG	Downgrade	Outperform -> Neutral	$15.00 -> $13.00
9/22/2016	Evercore ISI	Reiterated Rating	Buy
9/19/2016	Zephirin Group	Upgrade	Hold -> Buy	$18.00
9/19/2016	FBR & Co	Reiterated Rating	Buy
9/16/2016	Piper Jaffray Cos.	Lower Price Target	Overweight	$15.50 -> $14.15
9/14/2016	Scotiabank	Initiated Coverage	Sector Perform	$17.00
9/14/2016	Howard Weil	Initiated Coverage	Sector Perform	$17.00
8/25/2016	Citigroup Inc.	Lower Price Target	Neutral	$20.00 -> $15.00
8/17/2016	Jefferies Group	Reiterated Rating	Buy	$18.00
8/16/2016	Nomura	Set Price Target	Hold	$14.00
8/13/2016	RBC Capital Markets	Reiterated Rating	Sector Perform	$22.00 -> $16.00
8/12/2016	Royal Bank Of Canada	Lower Price Target	Sector Perform	$22.00 -> $16.00
8/3/2016	Deutsche Bank AG	Boost Price Target	Hold	$16.00 -> $20.00
8/3/2016	JPMorgan Chase & Co.	Set Price Target	Buy	$19.00
7/26/2016	Raymond James Financial Inc.	Downgrade	Outperform -> Market Perform
7/12/2016	Stephens	Upgrade	Equal Weight -> Overweight	$18.00 -> $23.00
7/5/2016	Iberia Capital	Downgrade	Outperform -> Sector Perform	$19.00
6/13/2016	Johnson Rice	Upgrade	Accumulate -> Buy
6/13/2016	Bank of America Corp.	Reiterated Rating	Underperform
4/11/2016	Clarkson Capital	Reiterated Rating	Neutral
3/28/2016	Barclays PLC	Lower Price Target	Equal Weight	$13.00 -> $12.00
3/21/2016	Cowen and Company	Lower Price Target		$16.00 -> $14.00
3/14/2016	Seaport Global Securities	Upgrade	Neutral -> Buy	$12.00 -> $19.00
3/9/2016	Fearnley Fonds	Reiterated Rating	Accumulate -> Reduce
2/29/2016	Susquehanna	Boost Price Target		$13.00 -> $14.00
2/29/2016	KLR Group	Lower Price Target	Buy	$21.00 -> $17.00
1/28/2016	Morgan Stanley	Upgrade	Underweight -> Equal Weight	$20.00 -> $17.00
1/21/2016	Goldman Sachs Group Inc.	Lower Price Target	Neutral	$13.75 -> $13.00
12/28/2015	Imperial Capital	Downgrade	Sell
12/22/2015	Credit Agricole SA	Downgrade	Outperform -> Underperform
11/30/2015	Guggenheim	Upgrade	Neutral -> Buy	$24.00
11/4/2015	Societe Generale	Boost Price Target	Hold	$20.00 -> $22.00
10/8/2015	KeyCorp	Initiated Coverage	Sector Weight
9/9/2015	Tudor Pickering	Downgrade	Accumulate -> Hold
2/23/2015	Capital One Financial Corp.	Downgrade	Overweight -> Equal Weight
2/18/2015	BMO Capital Markets	Initiated Coverage	Market Perform	$25.00
2/4/2015	Nordea Equity Research	Downgrade	Hold -> Sell	$23.00 -> $18.00
10/21/2014	RS Platou	Upgrade	Neutral -> Buy

(Data available from 9/28/2014 forward)

Earnings History for Rowan Cos. (NYSE:RDC)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/1/2016
8/2/2016	Q216	$0.81	$0.75	$470.98 million	$611.90 million	View	N/A
5/4/2016	Q116	$0.72	$0.98	$492.85 million	$500.20 million	View	N/A
2/26/2016	Q415	$0.74	$0.95	$530.16 million	$535.80 million	View	Listen
11/3/2015	Q315	$0.52	$0.89	$520.09 million	$545.40 million	View	N/A
8/5/2015	Q215	$0.55	$0.70	$507.16 million	$508.70 million	View	N/A
5/6/2015	Q115	$0.70	$0.99	$533.08 million	$547.00 million	View	N/A
2/27/2015	Q414	$0.89	$0.89	$529.90 million	$556.20 million	View	Listen
11/5/2014	Q314	$0.54	$0.63	$465.30 million	$467.70 million	View	Listen
8/6/2014	Q214	$0.24	$0.33	$416.20 million	$422.90 million	View	Listen
5/6/2014	Q114	$0.21	$0.28	$375.53 million	$377.60 million	View	Listen
2/27/2014	Q4	$0.41	$0.42	$389.21 million	$393.40 million	View	Listen
11/5/2013	Q313	$0.43	$0.42	$382.90 million	$382.80 million	View	Listen
8/6/2013	Q2 2013	$0.56	$0.57	$399.84 million	$408.90 million	View	Listen
5/1/2013	Q1 2013	$0.53	$0.55	$386.49 million	$394.20 million	View	Listen
2/28/2013	Q4 2012	$0.48	$0.57	$356.28 million	$354.20 million	View	Listen
10/31/2012		$0.48	$0.21			View	N/A
8/2/2012		$0.51	$0.51			View	N/A
5/2/2012		$0.35	$0.42			View	N/A
2/28/2012		$0.32	$0.36			View	N/A
11/1/2011		$0.39	$1.53			View	N/A
8/2/2011		$0.34	$0.38			View	N/A
5/3/2011		$0.29	$0.24			View	N/A
2/25/2011		$0.29	$0.42			View	N/A

(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: $-0.37 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	11	$0.53	$0.75	$0.68
Q2 2016	7	$0.56	$0.76	$0.66
Q3 2016	7	($0.16)	$0.62	$0.09
Q4 2016	7	($0.15)	$0.74	$0.17
Q1 2017	4	($0.16)	$0.34	$0.07
Q2 2017	4	($0.22)	$0.09	($0.09)
Q3 2017	4	($0.22)	($0.05)	($0.16)
Q4 2017	4	($0.16)	$0.25	($0.02)
Q1 2018	1	($0.09)	($0.09)	($0.09)
Q2 2018	1	($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:	0.75%
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) -27.03% (Based on Next Year Consensus EPS Estimate)

Dividend History for Rowan Cos. (NYSE:RDC)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
10/29/2015	quarterly	$0.10	1.91%	11/5/2015	11/9/2015	11/23/2015
7/31/2015	quarterly	$0.10	2.41%	8/7/2015	8/11/2015	8/25/2015
5/1/2015	quarterly	$0.10		5/8/2015	5/12/2015	5/26/2015
1/29/2015	quarterly	$0.10	1.89%	2/5/2015	2/9/2015	3/3/2015
10/30/2014	quarterly	$0.10	1.68%	11/6/2014	11/11/2014	11/25/2014
7/31/2014	quarterly	$0.10	1.39%	8/7/2014	8/11/2014	8/26/2014
4/25/2014	quarterly	$0.10	1.29%	5/1/2014	5/5/2014	5/20/2014

(Data available from 1/1/2013 forward)

Insider Trading History for Rowan Cos. (NYSE:RDC)

Insider Ownership Percentage: 0.97%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
5/19/2015	Tore I Sandvold	Director	Buy	5,000	$22.29	$111,450.00
6/11/2014	Frankie Derek Necaise	SVP	Sell	4,360	$31.96	$139,345.60
6/11/2014	John L Buvens	VP	Sell	55,000	$31.96	$1,757,800.00
6/10/2014	Mark A Keller	VP	Sell	49,000	$32.20	$1,577,800.00
3/5/2014	Suzanne Nimocks	Director	Buy	1,200	$32.77	$39,324.00
3/4/2014	Thomas Hix	Director	Buy	5,000	$32.76	$163,800.00

(Data available from 1/1/2013 forward)

Latest Headlines for Rowan Cos. (NYSE:RDC)

Date	Headline
	2 Stocks Attracting Analyst Attention: Wabash National Corporation (NYSE:WNC), Rowan Companies PLC (NYSE:RDC) - The Voice Registrar (NYSE:RDC) voiceregistrar.com - September 27 at 11:36 AM
	Analysts Recommendation and Rating Review: Rowan Companies ... - Post Registrar (NYSE:RDC) postregistrar.com - September 26 at 7:02 PM
	Does US Natural Gas Production Depend on Natural Gas Rigs? (NYSE:RDC) marketrealist.com - September 26 at 11:48 AM
	Stock Grabbing Investor's Attention: Rowan Companies plc (NYSE:RDC), Murphy Oil Corporation (NYSE:MUR) - Newburgh Press (NYSE:RDC) newburghpress.com - September 23 at 6:31 PM
	Rowan Cos downgraded by Credit Suisse (NYSE:RDC) finance.yahoo.com - September 23 at 6:31 PM
	Rowan Companies plc (NYSE:RDC) Upcoming Earnings: What matter for investors? - The Voice Registrar (NYSE:RDC) voiceregistrar.com - September 22 at 11:48 AM
	Rowan Cos. (RDC) Price Target Lowered to $14.15 at Piper Jaffray Cos (NYSE:RDC) thelakeandeswave.com - September 21 at 11:02 AM
	Stock in the Traders Limelight- Rowan Companies plc's (RDC) - Hot Stocks Point (NYSE:RDC) www.hotstockspoint.com - September 19 at 11:33 AM
	Rowan Announced A New Deal With Cobalt And Its Drillship Rowan Reliance (NYSE:RDC) seekingalpha.com - September 16 at 6:47 PM
	Rowan (RDC) Amends Cobalt International Drilling Contract (NYSE:RDC) finance.yahoo.com - September 16 at 6:47 PM
	Cisco Systems, Inc. (NASDAQ:CSCO) & Rowan Companies PLC (NYSE:RDC) UPDATE ON U.S STOCKS : 15 SEP 2016 - Money News (NYSE:RDC) www.newsismoney.com - September 16 at 10:32 AM
	Analysts Valuations For Two Stocks: Rowan Companies PLC (NYSE:RDC), Guess', Inc. (NYSE:GES) - The Voice Registrar (NYSE:RDC) voiceregistrar.com - September 16 at 10:32 AM
	Rowan Companies plc (NYSE:RDC) Held $484.228 In Cash And Short-Term Investments (NYSE:RDC) www.stocksdaily.net - September 15 at 7:02 PM
	Rowan Announces Amendment of Customer Contract (NYSE:RDC) www.publicnow.com - September 15 at 7:02 PM
	Rowan Shares Down 20.2% Since SmarTrend's Sell Call (RDC) (NYSE:RDC) www.mysmartrend.com - September 15 at 10:32 AM
	Rowan Companies - Strong Financials But Less Potential (NYSE:RDC) seekingalpha.com - September 14 at 11:23 AM
	Rowan Companies - Strong Financials But Less Potential - Seeking Alpha (NYSE:RDC) seekingalpha.com - September 12 at 11:37 AM
	Analysts Recommendation on Rowan Companies PLC (NYSE:RDC) - Post Registrar (NYSE:RDC) postregistrar.com - September 11 at 6:24 PM
	ETF’s with exposure to Rowan Cos. Plc : September 9, 2016 (NYSE:RDC) www.capitalcube.com - September 9 at 11:45 AM
	Stock Sliding Down Over the Last Month: Rowan Companies plc (NYSE:RDC) - Post News (NYSE:RDC) www.kentuckypostnews.com - September 8 at 10:49 AM
	Rowan Companies (Update) - Another Early Termination For Convenience And A New Contract Announced. - Seeking Alpha (NYSE:RDC) seekingalpha.com - September 8 at 10:49 AM
	ROWAN COMPANIES PLC Files SEC form 8-K, Regulation FD Disclosure, Other Events (NYSE:RDC) biz.yahoo.com - September 7 at 10:36 AM
	Analysts Valuations For Two Stocks: Rowan Companies PLC (NYSE ... - The Voice Registrar (NYSE:RDC) voiceregistrar.com - September 3 at 6:09 PM
	Offshore Drilling’s Valuation in August (NYSE:RDC) marketrealist.com - September 1 at 10:08 AM
	RDC Crosses Critical Technical Indicator (NYSE:RDC) www.forbes.com - August 30 at 12:48 PM
	Rowan Companies Plc (RDC): Blue Harbour Group Enters Into Nomination and Support Agreement; Charles L. Szews Appointed to the Board (NYSE:RDC) feedproxy.google.com - August 24 at 4:34 PM
	Rowan Companies (RDC) Appoints New Board Member - Nasdaq (NYSE:RDC) www.nasdaq.com - August 23 at 7:11 PM
	Analysts’ Recommendations for Seadrill before 2Q16 Earnings (NYSE:RDC) marketrealist.com - August 23 at 11:33 AM
	Notable Runners: Wynn Resorts, Limited(NASDAQ:WYNN), Rowan Companies PLC(NYSE:RDC) - NYSE Journal (press release) (NYSE:RDC) stockznews.com - August 22 at 6:57 PM
	Rowan Companies Appoints New Board Member (NYSE:RDC) www.publicnow.com - August 22 at 6:57 PM
	Rowan Companies plc (NYSE:RDC) Reports Accounts Payable Of $109.644 (NYSE:RDC) www.realistinvestor.com - August 19 at 10:02 AM
	Rowan Companies: Worth Considering on Strong Fundamentals (NYSE:RDC) finance.yahoo.com - August 18 at 7:21 PM
	Transocean LTD (NYSE:RIG) & Rowan Companies PLC (NYSE:RDC) Stocks in the News - Money News (press release) (NYSE:RDC) www.newsismoney.com - August 17 at 7:25 PM
	Offshore Drillers Reviewed By Jefferies (NYSE:RDC) finance.yahoo.com - August 17 at 7:25 PM
	Rowan to Present at Barclays CEO Energy-Power Conference (NYSE:RDC) www.marketwatch.com - August 17 at 10:04 AM
	Analysts Estimates and Ratings: Rowan Companies plc (NYSE:RDC) (NYSE:RDC) myhealthbowl.com - August 16 at 10:23 AM
	ROWAN COMPANIES PLC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:RDC) biz.yahoo.com - August 11 at 10:21 AM
	Pay Close Attention To Analyst Ratings For Rowan Companies PLC (NYSE:RDC) - The Voice Registrar (NYSE:RDC) voiceregistrar.com - August 10 at 10:11 AM
	Influential Analyst Rating Changes: Rowan Companies plc (NYSE:RDC), United Continental Holdings, Inc. (NYSE:UAL) - TWN (NYSE:RDC) thewellesleysnews.com - August 9 at 7:21 PM
	Rowan Companies plc (NYSE:RDC) Insiders Seem Vary About Prospects - Review Fortune (NYSE:RDC) reviewfortune.com - August 9 at 7:21 PM
	ETF’s with exposure to Rowan Cos. Plc : August 8, 2016 (NYSE:RDC) www.capitalcube.com - August 8 at 7:17 PM
	A Look at Rowan’s Financial Health after 2Q16 Results (NYSE:RDC) marketrealist.com - August 8 at 11:46 AM
	ROWAN COMPANIES PLC Financials (NYSE:RDC) finance.yahoo.com - August 6 at 7:07 PM
	Rowan Companies plc (NYSE:RDC) Quarterly Accounts Payable At $109.644 Millions - RealistInvestor.com (NYSE:RDC) www.realistinvestor.com - August 5 at 7:18 PM
	Rowan Companies - All You Need To Know About The Q2 '16 Results (NYSE:RDC) seekingalpha.com - August 5 at 10:05 AM
	Rowan Cos. Plc (RDC) Thomas Peter Burke on Q2 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:RDC) seekingalpha.com - August 4 at 7:32 PM
	Technical Evaluation For Rowan Companies PLC (NYSE:RDC) (NYSE:RDC) lovingfutbol.com - August 4 at 10:14 AM
	Jefferies Cuts Price Target on Rowan Cos. (RDC) to $18; Reiterates Buy (NYSE:RDC) www.streetinsider.com - August 4 at 10:14 AM
	Rowan (RDC) Posts Stellar Q2 Earnings Despite Market Woes (NYSE:RDC) www.zacks.com - August 3 at 10:18 AM
	Edited Transcript of RDC earnings conference call or presentation 2-Aug-16 3:00pm GMT (NYSE:RDC) finance.yahoo.com - August 3 at 10:18 AM