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) released its quarterly earnings data on Wednesday, February, 27th. The oil and gas company reported ($1.11) EPS for the quarter, missing analysts' consensus estimates of ($1.07) by $0.04. The oil and gas company had revenue of $179.40 million for the quarter, compared to analyst estimates of $166.30 million. Rowan Companies had a negative return on equity of 9.19% and a negative net margin of 42.12%. The company's quarterly revenue was down 39.5% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.31) earnings per share. View Rowan Companies' Earnings History.

Rowan Companies is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Rowan Companies.

17 analysts have issued 12-month price targets for Rowan Companies' shares. Their predictions range from $11.00 to $20.00. On average, they anticipate Rowan Companies' stock price to reach $14.4856 in the next year. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Price Targets for Rowan Companies.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rowan Companies in the last year. There are currently 1 sell rating, 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Rowan Companies.

Media headlines about RDC stock have trended somewhat negative on Tuesday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rowan Companies earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned 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 effect on the company's share price in the next several days.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Rowan Companies investors own include Transocean (RIG), Micron Technology (MU), Intel (INTC), Ensco (ESV), Schlumberger (SLB), AT&T (T), Marathon Oil (MRO), Noble (NE), Exxon Mobil (XOM) and Range Resources (RRC).

Rowan Companies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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. View Insider Buying and Selling for Rowan Companies.

RDC stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oaktree Capital Management LP, Oaktree Capital Management LP, Van ECK Associates Corp, Centerbridge Partners L.P., Odey Asset Management Group Ltd, IndexIQ Advisors LLC and Oregon Public Employees Retirement Fund. 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 $11.27.

Rowan Companies has a market capitalization of $1.43 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]