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, topping the 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 return on equity of 7.11% and a negative net margin of 23.47%. The company's revenue for the quarter was down 33.8% compared to the same quarter last year. During the same period last year, the business posted ($0.16) earnings per share. 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 analysts have issued 12 month price targets for Rowan Companies' stock. Their forecasts range from $10.00 to $20.00. On average, they anticipate Rowan Companies' stock price to reach $14.4615 in the next twelve months. This suggests a possible upside of 19.3% 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.

Headlines about RDC stock have been trending positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rowan Companies earned a news sentiment score of 2.8 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock'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), Baytex Energy (BTE), Nabors Industries (NBR), 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 shareholders include Havens Advisors LLC (0.05%), Louisiana State Employees Retirement System (0.03%), Nisa Investment Advisors LLC (0.02%) and Endurance Wealth Management Inc. (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 Louisiana State Employees Retirement System. 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 Havens Advisors LLC, Nisa Investment Advisors LLC and Endurance Wealth Management Inc.. 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 $12.12.

Rowan Companies has a market capitalization of $1.45 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]