Subsea 7 (SUBCY) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Subsea 7 in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SUBCY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SUBCY, but not buy additional shares or sell existing shares.
View SUBCY analyst ratings or view top-rated stocks.

Subsea 7's stock was trading at $11.4301 at the start of the year. Since then, SUBCY shares have increased by 18.4% and is now trading at $13.53.
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Subsea 7 saw a increase in short interest in August. As of August 31st, there was short interest totaling 24,700 shares, an increase of 97.6% from the August 15th total of 12,500 shares. Based on an average daily trading volume, of 153,100 shares, the short-interest ratio is currently 0.2 days.
View Subsea 7's Short Interest.

Subsea 7 S.A. (OTCMKTS:SUBCY) posted its quarterly earnings results on Wednesday, July, 26th. The energy company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.05. The energy company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.36 billion. Subsea 7 had a trailing twelve-month return on equity of 0.67% and a net margin of 0.53%.

Subsea 7 declared a dividend on Friday, April 14th. Investors of record on Friday, April 21st will be paid a dividend of $0.3854 per share on Friday, April 28th. This represents a dividend yield of 3.26%. The ex-dividend date of this dividend is Thursday, April 20th. This is an increase from the stock's previous dividend of $0.11.
Read our dividend analysis for SUBCY.

Subsea 7 (OTCMKTS:SUBCY) pays an annual dividend of $0.38 per share and currently has a dividend yield of 2.86%. The dividend payout ratio is 422.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SUBCY will have a dividend payout ratio of 108.57% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SUBCY.

Subsea 7 trades on the OTCMKTS under the ticker symbol "SUBCY."

Shares of SUBCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SUBCY stock can currently be purchased for approximately $13.53.

Subsea 7 (OTCMKTS:SUBCY) has a market capitalization of $4.10 billion and generates $5.14 billion in revenue each year. The energy company earns $57.10 million in net income (profit) each year or $0.09 on an earnings per share basis.

The company employs 6,691 workers across the globe.

Subsea 7's mailing address is 412 F Route d'Esch, Luxembourg N4, L-2086. The official website for the company is www.subsea7.com. The energy company can be reached via phone at 442087226025, via email at ir@subsea7.com, or via fax at 44-0-20-8210-5501.