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) posted its earnings results on Wednesday, February, 27th. The oil and gas company reported ($1.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.07) by $0.04. The oil and gas company earned $179.40 million during 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%. Rowan Companies's quarterly revenue was down 39.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.31) EPS. View Rowan Companies' Earnings History.

15 brokerages have issued 1 year price objectives for Rowan Companies' stock. Their forecasts range from $11.00 to $20.00. On average, they expect Rowan Companies' share price to reach $14.6713 in the next year. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets 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.

Media coverage about RDC stock has trended positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rowan Companies earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

Some companies that are related to Rowan Companies include Transocean (RIG), Seadrill (SDRL), Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Ensco Rowan (ESV), Diamond Offshore Drilling (DO), Nabors Industries (NBR), Pacific Drilling (PACD), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Precision Drilling (PDS), Noble (NE), PARKER DRILLING/SH PAR $ (PKD), Independence Contract Drilling (ICD) and Pioneer Energy Services (PES).

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).

Rowan Companies' stock is owned by many different 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.

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.

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.

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 $10.93.

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.

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]