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

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$13.13 +0.02 (+0.15 %)
(As of 02/19/2019 11:32 AM ET)
Previous Close$13.11
Today's Range$12.87 - $13.16
52-Week Range$7.77 - $20.87
Volume401,563 shs
Average Volume2.18 million shs
Market Capitalization$1.67 billion
P/E Ratio-20.52
Dividend YieldN/A
Beta2.56
Rowan 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.28 billion
Cash Flow$2.7354 per share
Book Value$42.66 per share

Profitability

Net Income$72.70 million

Miscellaneous

Employees2,800
Market Cap$1.67 billion
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 data on Wednesday, October, 31st. The oil and gas company reported ($1.13) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($1.15) by $0.02. The oil and gas company earned $192.90 million during the quarter, compared to analysts' expectations of $179.39 million. Rowan Companies had a negative net margin of 23.47% and a negative return on equity of 7.11%. The firm's revenue was down 33.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.16) 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, February 27th 2019. View Earnings Estimates for Rowan Companies.

What price target have analysts set for RDC?

19 equities research analysts have issued 1-year target prices for Rowan Companies' shares. Their forecasts range from $10.00 to $20.00. On average, they expect Rowan Companies' share price to reach $14.4167 in the next year. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for Rowan Companies.

What is the consensus analysts' recommendation 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.

Has Rowan Companies been receiving favorable news coverage?

News headlines about RDC stock have been trending positive on Tuesday, according to InfoTrie. The research firm scores 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 positive five, with scores closest to five being the most favorable. Rowan Companies earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave media coverage 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 impact on the company's share price in the near future.

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 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 variety of of retail and institutional investors. Top institutional investors 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.

Which major investors are selling Rowan Companies stock?

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.

Which major investors are buying Rowan Companies stock?

RDC stock was acquired by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, 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 and Prudential PLC. 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 $13.13.

How big of a company is Rowan Companies?

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.

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:  601 (Vote Outperform)
Underperform Votes:  923 (Vote Underperform)
Total Votes:  1,524
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 2/19/2019 by MarketBeat.com Staff

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