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

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

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.

Rowan Companies is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Rowan Companies.

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.

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.

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.

Some companies that are related to Rowan Companies include Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Ensco (ESV), Diamond Offshore Drilling (DO), Nabors Industries (NBR), Baytex Energy (BTE), Noble (NE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Independence Contract Drilling (ICD), Pioneer Energy Services (PES), Seadrill Partners (SDLP) and Key Energy Services (KEG).

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.

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.

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.

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 $13.13.

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.

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

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]