NYSE:RDC - Rowan Companies Stock Price, Price Target & More

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 Tuesday, May, 1st. The oil and gas company reported ($0.89) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.86) by $0.03. The oil and gas company had revenue of $211.20 million for the quarter, compared to the consensus estimate of $207.33 million. Rowan Companies had a negative return on equity of 3.83% and a negative net margin of 4.46%. The business's revenue was down 43.6% on a year-over-year basis. During the same period last year, the company posted $0.07 EPS. View Rowan Companies' Earnings History.

Rowan Companies is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Rowan Companies.

19 equities research analysts have issued twelve-month price targets for Rowan Companies' shares. Their forecasts range from $10.00 to $18.00. On average, they anticipate Rowan Companies' stock price to reach $14.0667 in the next twelve months. This suggests that the stock has a possible downside of 5.7%. View Analyst Ratings 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, 12 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News stories about RDC stock have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rowan Companies earned a daily sentiment score of 0.14 on Accern's scale. They also assigned media headlines about the oil and gas company an impact score of 45.24 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Rowan Companies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.06%), V Wealth Management LLC (0.01%) and Cerebellum GP LLC (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 Bank of Montreal Can and Cerebellum GP 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 V Wealth 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 $14.91.

Rowan Companies has a market capitalization of $1.93 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.

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]