NYSE:RDC - Rowan Companies Stock Price, Price Target & More

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 Tuesday, May, 1st. The oil and gas company reported ($0.89) EPS for the quarter, missing the Zacks' consensus estimate of ($0.86) by $0.03. The oil and gas company had revenue of $211.20 million for the quarter, compared to analysts' expectations of $207.33 million. Rowan Companies had a negative net margin of 4.46% and a negative return on equity of 3.83%. The business's revenue was down 43.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 earnings per share. View Rowan Companies' Earnings History.

Rowan Companies is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Rowan Companies.

19 brokers have issued twelve-month price targets for Rowan Companies' stock. Their forecasts range from $10.00 to $18.00. On average, they expect Rowan Companies' share price to reach $14.0667 in the next year. This suggests that the stock has a possible downside of 7.5%. View Analyst Ratings 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, 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP) and Independence Contract Drilling (ICD).

Press coverage about RDC stock has trended somewhat positive this week, Accern Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rowan Companies earned a news sentiment score of 0.08 on Accern's scale. They also assigned news stories about the oil and gas company an impact score of 45.30 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Rowan Companies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.06%), V Wealth Management LLC (0.01%) and Cerebellum GP LLC (0.01%). 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 Bank of Montreal Can and Cerebellum GP 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 acquired by a variety of institutional investors in the last quarter, including V Wealth Management LLC. 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 $15.20.

Rowan Companies has a market capitalization of $2.08 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]