Borr Drilling (NYSE:BORR - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Individual interested in listening to the company's earnings conference call can do so using this link.
Borr Drilling (NYSE:BORR - Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.12 earnings per share (EPS) for the quarter. Borr Drilling had a return on equity of 7.69% and a net margin of 8.15%. The firm had revenue of $271.90 million during the quarter.
Borr Drilling Price Performance
Shares of NYSE BORR traded down $0.15 on Wednesday, hitting $4.14. The company's stock had a trading volume of 3,204,254 shares, compared to its average volume of 2,016,242. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a 50 day moving average of $5.44 and a 200-day moving average of $5.94. Borr Drilling has a 12-month low of $4.12 and a 12-month high of $7.61. The company has a market capitalization of $631.35 million, a price-to-earnings ratio of 24.35 and a beta of 2.99.
Borr Drilling Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Stockholders of record on Thursday, August 22nd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 9.66%. Borr Drilling's dividend payout ratio (DPR) is presently 58.82%.
Analyst Upgrades and Downgrades
Separately, Evercore ISI upgraded Borr Drilling from an "in-line" rating to an "outperform" rating and set a $9.00 price target for the company in a research note on Friday, September 13th.
Read Our Latest Research Report on BORR
Borr Drilling Company Profile
(
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Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry worldwide. The company owns, contracts, and operates jack-up drilling rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production.
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