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) issued its earnings results on Wednesday, October, 31st. The oil and gas company reported ($1.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business's revenue for the quarter was down 33.8% compared to the same quarter last year. During the same quarter in the prior year, the firm 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.

18 equities research analysts have issued 12 month price objectives for Rowan Companies' shares. Their predictions range from $11.00 to $20.00. On average, they expect Rowan Companies' share price to reach $15.4167 in the next year. This suggests a possible upside of 41.7% from the stock's current price. View Analyst Price Targets for Rowan Companies.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 10 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 trended somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing 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 closest to five being the most favorable. Rowan Companies earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.

Some companies that are related to Rowan Companies include 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), Seadrill Partners (SDLP), Pioneer Energy Services (PES), Key Energy Services (KEG) and Petroteq Energy (PQEFF).

Rowan Companies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.52%), Vanguard Group Inc. (9.00%), Odey Asset Management Group Ltd (8.78%), Dimensional Fund Advisors LP (8.40%), Canyon Capital Advisors LLC (3.90%) and Macquarie Group Ltd. (2.66%). 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 AQR Capital Management LLC, Luminus Management LLC, First Pacific Advisors LP, Key Group Holdings Cayman LTD., Schroder Investment Management Group, Marshall Wace LLP, Thrivent Financial for Lutherans and FMR 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 bought by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, Franklin Resources Inc., Key Square Capital Management LLC, Fisher Asset Management LLC, Diameter Capital Partners LP, BlackRock Inc., Teachers Advisors LLC and TIAA CREF Investment Management 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 $10.88.

Rowan Companies has a market capitalization of $1.53 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]