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

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$10.93 0.00 (0.00 %)
(As of 04/11/2019)
Previous Close$10.93
Today's Range$10.93 - $10.93
52-Week Range$7.77 - $20.87
VolumeN/A
Average Volume3.33 million shs
Market Capitalization$1.39 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.52
Rowan Companies plc provides offshore contract drilling services to the oil and gas industry. The company operates through three segments: Deepwater, Jack-ups, and ARO. The Deepwater segment operates 4 ultra-deepwater drillships. The Jack-ups segment operates 15 self-elevating jack-up rigs. The ARO segment operates a fleet of 6 self-elevating jack-up rigs. The company operates in the United States Gulf of Mexico, Central and South America, the United Kingdom, the Middle East, Trinidad, and Norwegian sectors of the North Sea. Rowan Companies plc was founded in 1923 and is based in Houston, Texas.

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Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
CUSIPG7665A10
Phone713-621-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$824.80 million
Book Value$39.62 per share

Profitability

Net Income$-347,400,000.00

Miscellaneous

Employees3,300
Market Cap$1.39 billion
Next Earnings DateN/A
OptionableOptionable

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) announced its quarterly earnings results on Wednesday, February, 27th. The oil and gas company reported ($1.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.07) by $0.04. The oil and gas company had revenue of $179.40 million for the quarter, compared to analyst estimates of $166.30 million. Rowan Companies had a negative net margin of 42.12% and a negative return on equity of 9.19%. The business's revenue was down 39.5% compared to the same quarter last year. During the same period last year, the firm posted ($0.31) EPS. View Rowan Companies' Earnings History.

What price target have analysts set for RDC?

15 analysts have issued 12-month price targets for Rowan Companies' stock. Their predictions range from $11.00 to $20.00. On average, they anticipate Rowan Companies' share price to reach $14.6713 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets for Rowan Companies.

What is the consensus analysts' recommendation for Rowan Companies?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rowan Companies.

Has Rowan Companies been receiving favorable news coverage?

Media coverage about RDC stock has trended negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Rowan Companies earned a news impact score of -2.9 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Rowan Companies' key competitors?

What other stocks do shareholders of Rowan Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rowan Companies investors own include Transocean (RIG), Intel (INTC), Ensco Rowan (ESV), Marathon Oil (MRO), Noble (NE), Schlumberger (SLB), AT&T (T), Exxon Mobil (XOM), Applied Materials (AMAT) and Micron Technology (MU).

Who are Rowan Companies' key executives?

Rowan Companies' management team includes the folowing people:
  • Dr. Thomas P. Burke, Pres, CEO & Director (Age 52)
  • Mr. Stephen M. Butz, Exec. VP & CFO (Age 47)
  • Mr. Travis Fred Brooks, Exec. VP of Operations & Engineering (Age 61)
  • Mr. Mark F. Mai, Exec. VP, Gen. Counsel & Company Sec. (Age 58)
  • Mr. Dennis S. Baldwin, Chief Accounting Officer (Age 58)

Who are Rowan Companies' major shareholders?

Rowan Companies' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.71%), Dimensional Fund Advisors LP (8.24%), Canyon Capital Advisors LLC (6.28%), Macquarie Group Ltd. (2.72%), CNH Partners LLC (1.88%) and Northern Trust Corp (1.84%). Company insiders that own Rowan Companies stock include Richard Jason Anderson and Stephen M Butz. View Institutional Ownership Trends for Rowan Companies.

Which institutional investors are selling Rowan Companies stock?

RDC stock was sold by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, Northern Trust Corp, JPMorgan Chase & Co., Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Morgan Stanley, Jennison Associates LLC and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Rowan Companies.

Which institutional investors are buying Rowan Companies stock?

RDC stock was bought by a variety of institutional investors in the last quarter, including CNH Partners LLC, Caisse DE Depot ET Placement DU Quebec, The Manufacturers Life Insurance Company , Alpine Associates Management Inc., IndexIQ Advisors LLC, Ontario Teachers Pension Plan Board, Geode Capital Management LLC and Parametric Portfolio Associates LLC. 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 $10.93.

How big of a company is Rowan Companies?

Rowan Companies has a market capitalization of $1.39 billion and generates $824.80 million in revenue each year. The oil and gas company earns $-347,400,000.00 in net income (profit) each year or ($3.72) on an earnings per share basis. Rowan Companies employs 3,300 workers across the globe.

What is Rowan Companies' official website?

The official website for Rowan Companies is http://www.rowan.com/.

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:  617 (Vote Outperform)
Underperform Votes:  952 (Vote Underperform)
Total Votes:  1,569
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 5/24/2019 by MarketBeat.com Staff

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