S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
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
646,307 shs
Average Volume
670,300 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
N/A
Sustainability
-5.62
Upright™ Environmental Score
News Sentiment
0.33mentions of Tidewater in the last 14 days
Based on 2 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.

2.54 out of 5 stars

Oils/Energy Sector

141st out of 234 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
“More countries ditch the US dollar”
Since March 2018, China started purchasing oil in gold-backed yuan. By December 2022, Foreign Minister Wang Yi stated that Chinese-Arab relations experienced a "historic improvement." after arab nations ditched the dollar to trade with China. On June 6, 2023 China told its banks to slash interest rates on US dollars.
TDW Factor-Based Stock Analysis
“More countries ditch the US dollar”
Since March 2018, China started purchasing oil in gold-backed yuan. By December 2022, Foreign Minister Wang Yi stated that Chinese-Arab relations experienced a "historic improvement." after arab nations ditched the dollar to trade with China. On June 6, 2023 China told its banks to slash interest rates on US dollars.
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
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Company Calendar

Last Earnings
3/01/2024
Today
4/21/2024
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
$6.14 per share
Book Value
$19.64 per share

Miscellaneous

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

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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 year. 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 equities research analysts have issued 1-year 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 share 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 2024. Since then, TDW shares have 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) posted its earnings results on Friday, March, 1st. The oil and gas company reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by $0.03. The oil and gas company had revenue of $302.66 million for the quarter, compared to analyst estimates of $309.46 million. Tidewater had a net margin of 9.62% and a trailing twelve-month return on equity of 13.37%. The business's revenue was up 62.1% compared to the same quarter last year. During the same period last year, the business posted $0.30 EPS.

How will Tidewater's stock buyback program work?

Tidewater announced that its board has initiated a stock repurchase plan on Thursday, February 29th 2024, which allows the company to buyback $48,600,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 1.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

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

Tidewater issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share 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 variety of retail and institutional 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.
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This page (NYSE:TDW) was last updated on 4/21/2024 by MarketBeat.com Staff

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