Schlumberger Stock Price, Forecast & Analysis (NYSE:SLB)

Schlumberger trades on the New York Stock Exchange (NYSE) under the ticker symbol "SLB."

Schlumberger declared a quarterly dividend on Friday, October 18th. Shareholders of record on Wednesday, December 4th will be paid a dividend of $0.50 per share on Friday, January 10th. This represents a $2.00 dividend on an annualized basis and a yield of 5.46%. The ex-dividend date of this dividend is Tuesday, December 3rd. View Schlumberger's Dividend History.

Schlumberger Limited. (NYSE:SLB) issued its quarterly earnings data on Friday, October, 18th. The oil and gas company reported $0.43 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.03. The oil and gas company earned $8.54 billion during the quarter, compared to analysts' expectations of $8.50 billion. Schlumberger had a positive return on equity of 6.00% and a negative net margin of 30.22%. The company's quarterly revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.46 earnings per share. View Schlumberger's Earnings History.

Schlumberger is scheduled to release their next quarterly earnings announcement on Friday, January 17th 2020. View Earnings Estimates for Schlumberger.

21 analysts have issued 1 year price targets for Schlumberger's shares. Their forecasts range from $34.00 to $55.00. On average, they anticipate Schlumberger's share price to reach $44.94 in the next year. This suggests a possible upside of 22.7% from the stock's current price. View Analyst Price Targets for Schlumberger.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schlumberger in the last year. There are currently 5 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Schlumberger.

Media headlines about SLB stock have trended somewhat negative on Friday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog 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. Schlumberger earned a news sentiment score of -1.2 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Schlumberger.

Some companies that are related to Schlumberger include Halliburton (HAL), TechnipFMC (FTI), National-Oilwell Varco (NOV), Dril-Quip (DRQ), Oceaneering International (OII), Helix Energy Solutions Group (HLX), Oil States International (OIS), RPC (RES), Seacor (CKH), Newpark Resources (NR), Tidewater (TDW), Matrix Service (MTRX), Era Group (ERA), Geospace Technologies (GEOS) and TETRA Technologies (TTI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Schlumberger investors own include Halliburton (HAL), AT&T (T), Cisco Systems (CSCO), Intel (INTC), Noble Energy (NBL), General Electric (GE), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Walt Disney (DIS) and Bank of America (BAC).

Schlumberger's stock is owned by a number of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (1.97%), Fisher Asset Management LLC (0.89%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Manning & Napier Group LLC (0.24%), California Public Employees Retirement System (0.23%) and Russell Investments Group Ltd. (0.19%). Company insiders that own Schlumberger stock include Alexander C Juden, Claudia Jaramillo, Howard Guild, Michael E Marks, Mogharbel Khaled Al, Paal Kibsgaard, Patrick Schorn, Peuch Olivier Le, Saul R Laureles, Simon Ayat, Simon Farrant and Stephanie Cox. View Institutional Ownership Trends for Schlumberger.

SLB stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Alberta Investment Management Corp, Birch Hill Investment Advisors LLC, AMF Pensionsforsakring AB, Russell Investments Group Ltd., Venturi Wealth Management LLC, Confluence Investment Management LLC and ZWJ Investment Counsel Inc.. Company insiders that have sold Schlumberger company stock in the last year include Alexander C Juden, Howard Guild, Patrick Schorn, Peuch Olivier Le, Saul R Laureles, Simon Ayat, Simon Farrant and Stephanie Cox. View Insider Buying and Selling for Schlumberger.

SLB stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Fisher Asset Management LLC, Great West Life Assurance Co. Can, Commerzbank Aktiengesellschaft FI, Pwmco LLC, ST Germain D J Co. Inc. and Robeco Institutional Asset Management B.V.. Company insiders that have bought Schlumberger stock in the last two years include Michael E Marks, Mogharbel Khaled Al, Paal Kibsgaard and Patrick Schorn. View Insider Buying and Selling for Schlumberger.

Shares of SLB 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, Robinhood, Fidelity and Charles Schwab.

One share of SLB stock can currently be purchased for approximately $36.62.

Schlumberger has a market capitalization of $50.70 billion and generates $32.82 billion in revenue each year. The oil and gas company earns $2.14 billion in net income (profit) each year or $1.62 on an earnings per share basis. Schlumberger employs 100,000 workers across the globe.View Additional Information About Schlumberger.

The official website for Schlumberger is http://www.slb.com/.

Schlumberger's mailing address is PARKSTRAAT 83, THE HAGUE P7, 77056. The oil and gas company can be reached via phone at 713-513-2000 or via email at http://investorcenter.slb.com.