S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSE:TDW

Tidewater (TDW) Stock Price, News & Analysis

$89.51
+0.73 (+0.82%)
(As of 04/19/2024 ET)
Today's Range
$87.81
$90.33
50-Day Range
$67.87
$99.17
52-Week Range
$39.41
$101.10
Volume
646,019 shs
Average Volume
765,181 shs
Market Capitalization
$4.68 billion
P/E Ratio
48.91
Dividend Yield
N/A
Price Target
$93.00

Tidewater MarketRank™ Stock Analysis

Analyst Rating
Buy
3.20 Rating Score
Upside/​Downside
3.9% Upside
$93.00 Price Target
Short Interest
Bearish
9.36% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.62
Upright™ Environmental Score
News Sentiment
0.44mentions of Tidewater in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$3.72 M Sold Last Quarter
Proj. Earnings Growth
66.80%
From $4.94 to $8.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.16 out of 5 stars

Oils/Energy Sector

132nd out of 227 stocks

Water Transportation Industry

11th out of 17 stocks

TDW stock logo

About Tidewater Stock (NYSE:TDW)

Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; offshore drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.

TDW Stock Price History

TDW Stock News Headlines

Tidewater set for new EPA water standards
Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
TDW Factor-Based Stock Analysis
Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
TDW Jul 2024 40.000 put
TDW Dec 2024 90.000 put
TDW Apr 2024 70.000 call
TDW Oct 2024 55.000 call
TDW Apr 2024 95.000 call
Q4 2023 Tidewater Inc Earnings Call Transcript
Q4 2023 Tidewater Inc Earnings Call
Recap: Tidewater Q4 Earnings
See More Headlines
Receive TDW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tidewater and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/01/2024
Today
4/20/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
88642310
Employees
7,300
Year Founded
1956

Price Target and Rating

Average Stock Price Target
$93.00
High Stock Price Target
$110.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+3.9%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
5 Analysts

Profitability

Net Income
$97.18 million
Pretax Margin
13.76%

Debt

Sales & Book Value

Annual Sales
$1.01 billion
Cash Flow
$6.11 per share
Book Value
$19.64 per share

Miscellaneous

Free Float
47,258,000
Market Cap
$4.68 billion
Optionable
Optionable
Beta
1.20

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives


TDW Stock Analysis - Frequently Asked Questions

Should I buy or sell Tidewater stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tidewater in the last twelve months. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TDW shares.
View TDW analyst ratings
or view top-rated stocks.

What is Tidewater's stock price target for 2024?

5 analysts have issued twelve-month price targets for Tidewater's stock. Their TDW share price targets range from $85.00 to $110.00. On average, they expect the company's stock price to reach $93.00 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
View analysts price targets for TDW
or view top-rated stocks among Wall Street analysts.

How have TDW shares performed in 2024?

Tidewater's stock was trading at $72.11 at the beginning of the year. Since then, TDW stock has increased by 24.1% and is now trading at $89.51.
View the best growth stocks for 2024 here
.

When is Tidewater's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our TDW earnings forecast
.

How were Tidewater's earnings last quarter?

Tidewater Inc. (NYSE:TDW) issued its earnings results on Friday, March, 1st. The oil and gas company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.73 by $0.03. The oil and gas company had revenue of $302.66 million for the quarter, compared to analysts' expectations of $309.46 million. Tidewater had a net margin of 9.62% and a trailing twelve-month return on equity of 13.37%. The company's quarterly revenue was up 62.1% on a year-over-year basis. During the same period last year, the business earned $0.30 earnings per share.

Is Tidewater a good dividend stock?

Tidewater (NYSE:TDW) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 54.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TDW will have a dividend payout ratio of 12.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TDW.

How will Tidewater's stock buyback program work?

Tidewater announced that its Board of Directors has approved a stock buyback program on Thursday, February 29th 2024, which allows the company to buyback $48,600,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 1.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

What guidance has Tidewater issued on next quarter's earnings?

Tidewater updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion.

What other stocks do shareholders of Tidewater own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tidewater investors own include Energy Transfer (ET), Oasis Petroleum (OAS), P10 Holdings Inc (PIOIQ) (PIOIQ), Transocean (RIG), AT&T (T), Verizon Communications (VZ), Ford Motor (F), Gilead Sciences (GILD), General Motors (GM) and Mallinckrodt (MNK).

Who are Tidewater's major shareholders?

Tidewater's stock is owned by a number of institutional and retail investors. Top institutional investors include Naviter Wealth LLC (0.48%), Harbour Capital Advisors LLC (0.02%), NBC Securities Inc. (0.02%), 180 Wealth Advisors LLC (0.01%) and Fermata Advisors LLC (0.01%). Insiders that own company stock include Daniel A Hudson, David E Darling, Kenneth H Traub, Robert Robotti and Samuel R Rubio.
View institutional ownership trends
.

How do I buy shares of Tidewater?

Shares of TDW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Tidewater have any subsidiaries?
The following companies are subsidiares of Tidewater: 3291361 Nova Scotia ULC, Al Wasl Marine LLC, Antilles Marine Service Limited, Arabia Shipping Limited, Arrendadora de Naves del Golfo S.A. de C.V. SOFOM ENR, Chalvoyage (M) Sdn. Bhd., Compania Marítima de Magallanes Limitada, DTDW Holdings Limited, DTDW Marine Services B.V., Divetide Limited, Equipo Mara C.A., GM Offshore Inc., GOMI Holdings Inc., GULFMARK OFFSHORE INC, Global Panama Marine Service Inc, Gorgon NewCo LLC, Gulf Channel Offshore Servicos LDA, Gulf Fleet Abu Dhabi, Gulf Fleet Middle East Limited, Gulf Fleet N.V., Gulf Fleet Supply Vessels L.L.C., Gulf Offshore Marine International S. de R.L., GulfMark Americas Inc., GulfMark Asia Pte. Ltd., GulfMark Capital LLC, GulfMark Foreign Investments LLC, GulfMark Guernsey International Limited, GulfMark Malaysia Inc., GulfMark Malaysia Sdn. Bhd., GulfMark Malta Ltd., GulfMark Management Inc., GulfMark Marine Trinidad Limited, GulfMark Maritime S. de R.L. de C.V., GulfMark North Sea Limited, GulfMark Oceans L.P., GulfMark Resources LLC, GulfMark Servicios de Mexico S. de R.L. de C.V., GulfMark Servicos Maritimos do Brasil Limitada, GulfMark Shipping LLC, GulfMark Thailand LLC, GulfMark UK International Limited, GulfMark de Mexico S. de R.L. de C.V., Hilliard Oil & Gas Inc., Indigo Fleet Limited, International Maritime Services Inc, JB Holding Company B.V., Java Boat Corporation, Java Boat Corporation B.V., Logistica Mexicana del Caribe S. de R.L. de C.V., Mare Alta do Brasil Navegacao Ltda., Mashhor Marine Sdn. Bhd., Middle East Ships Limited, Navegadores Servicos de Apoio Maritimo Ltda., Naviera Tidex S. de R.L. de C.V, Niugini Offshore Services Joint Venture, O.I.L. (Nigeria) Limited, Offshore Labuan Leasing Inc., Offshore Marine Inc, Pacific Tidewater Pty. Ltd., Pan Marine International Dutch Holdings L.L.C., Pan Marine International Inc., Pan Marine do Brasil Ltda., Pental Insurance Co. Ltd., Point Marine L.L.C., Purple Fleet Limited, Quality Shipyards L.L.C., S.O.P. Inc., SEA Maritime Services Pte. Ltd., Semaring Enterprise Sdn. Bhd., Semaring Logistics (M) Sdn. Bhd., Servicios Costa Afuera de Mexico S. de R.L. de C.V, Sonatide Marine Ltd., Sonatide Marine Services Ltd., Southern Ocean Services Pte. Ltd., Tide States L.L.C., Tide States Vessels L.L.C., Tideflo Marine Services Limited, Tidewater (India) Private Limited, Tidewater Al Rushaid Co. Ltd., Tidewater Caribe C.A., Tidewater Corporate Services L.L.C, Tidewater Crewing Guernsey Ltd., Tidewater Crewing Limited, Tidewater Cyprus Limited, Tidewater Dutch Holdings Cooperatief U.A., Tidewater GOM Inc., Tidewater GOM Limited, Tidewater Investment Cooperatief U.A, Tidewater Investment SRL, Tidewater Marine AS, Tidewater Marine Australia Pty Ltd, Tidewater Marine Charter Services Pte. Ltd., Tidewater Marine Fleet L.L.C., Tidewater Marine Gabon S.A., Tidewater Marine Hulls L.L.C., Tidewater Marine Indonesia Limited, Tidewater Marine International Dutch Holdings L.L.C., Tidewater Marine International Inc., Tidewater Marine International Pte. Ltd., Tidewater Marine L.L.C., Tidewater Marine Sakhalin L.L.C., Tidewater Marine Service (M) Sdn. Bhd., Tidewater Marine Ships L.L.C., Tidewater Marine Technical Services (Shenzhen) Co. Ltd, Tidewater Marine UK Ltd., Tidewater Marine Vanuatu Limited, Tidewater Marine Vessels L.L.C., Tidewater Marine West Indies Limited, Tidewater Marine Western L.L.C., Tidewater Mexico Holding L.L.C, Tidewater Norge AS, Tidewater Offshore Sdn Bhd, Tidewater Personnel UK LTD, Tidewater Rederi AS, Tidewater Subsea L.L.C., Tidewater Subsea ROV L.L.C., Tidewater Support Services Limited, Tidewater Venture Inc, Tidewater de Mexico S. de R.L. de C.V., Tidex Nigeria Limited, Troms Offshore Fleet Holding AS, Troms Offshore Management AS, Troms Offshore Supply AS, Twenty Grand (Brazil) L.L.C, Twenty Grand Marine Service L.L.C., VTG Ships Limited, VTG Supply Boat Liberia Inc., Vesselogistics Limited, Zapata Gulf Marine L.L.C., and Zapata Marine Service (Nigeria) Limited.
Read More
This page (NYSE:TDW) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners