NYSE:BORR Borr Drilling (BORR) Stock Price, News & Analysis $5.39 -0.24 (-4.26%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$5.37▼$5.6550-Day Range$5.39▼$7.0152-Week Range$5.19▼$7.80Volume2.50 million shsAverage Volume1.98 million shsMarket Capitalization$821.98 millionP/E Ratio31.71Dividend Yield1.86%Price Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Borr Drilling alerts: Email Address Borr Drilling MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside67.0% Upside$9.00 Price TargetShort InterestBearish3.50% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.04Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.2.25 out of 5 starsOils/Energy Sector175th out of 239 stocksDrilling Oil & Gas Wells Industry11th out of 12 stocks 3.0 Analyst's Opinion Consensus RatingBorr Drilling has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageBorr Drilling has received no research coverage in the past 90 days.Read more about Borr Drilling's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.50% of the float of Borr Drilling has been sold short.Short Interest Ratio / Days to CoverBorr Drilling has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Borr Drilling has recently increased by 4.62%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldBorr Drilling pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBorr Drilling does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Borr Drilling is 58.82%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Borr Drilling's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BORR. Previous Next 1.7 News and Social Media Coverage News SentimentBorr Drilling has a news sentiment score of 0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Borr Drilling this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for BORR on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Borr Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Borr Drilling insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.90% of the stock of Borr Drilling is held by insiders.Percentage Held by Institutions83.12% of the stock of Borr Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Borr Drilling's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Borr Drilling is 31.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Borr Drilling is 31.71, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.63.Price to Book Value per Share RatioBorr Drilling has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Borr Drilling's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About Borr Drilling Stock (NYSE:BORR)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. It serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.Read More BORR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BORR Stock News HeadlinesSeptember 7 at 2:47 PM | markets.businessinsider.comBorr Drilling (BORR) Receives a Hold from Evercore ISISeptember 6 at 1:41 PM | markets.businessinsider.comEvercore ISI Reaffirms Their Buy Rating on Transocean (RIG)September 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. September 5 at 7:54 AM | msn.comBorr Drilling Limited – Notice of Special General Meeting of ShareholdersSeptember 4 at 11:43 PM | seekingalpha.comBorr Drilling: Significant Upside Potential, Dividend GrowthSeptember 3, 2024 | prnewswire.comBorr Drilling Limited - Notice of Special General Meeting of ShareholdersAugust 30, 2024 | americanbankingnews.comBorr Drilling (NYSE:BORR) Shares Gap Down to $6.47August 26, 2024 | msn.comNorway shares higher at close of trade; Oslo OBX up 0.54%September 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 26, 2024 | finance.yahoo.comNorway stocks higher at close of trade; Oslo OBX up 0.54%August 20, 2024 | markets.businessinsider.comAnalysts’ Top Energy Picks: Yancoal Australia Ltd. (YACAF), Borr Drilling (BORR)August 19, 2024 | seekingalpha.comBorr Drilling: Upgrading On A Strong Outlook And Commitment To Capital Returns - BuyAugust 16, 2024 | msn.comBorr Drilling Limited (NYSE:BORR) Q2 2024 Earnings Call TranscriptAugust 15, 2024 | seekingalpha.comBorr Drilling Limited (BORR) Q2 2024 Earnings Call TranscriptAugust 15, 2024 | bloomberg.comOil Driller Borr Sees Wave of Shallow-Water Rigs Retiring SoonAugust 15, 2024 | finance.yahoo.comOil Driller Borr Sees Wave of Shallow-Water Rigs RetiringAugust 15, 2024 | prnewswire.comBorr Drilling Limited - Q2 2024 PresentationAugust 15, 2024 | seekingalpha.comTidewater: Decent Quarter But Lowered Outlook DisappointsSee More Headlines Receive BORR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Borr Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/16/2023Ex-Dividend for 6/17 Dividend6/03/2024Dividend Payable6/17/2024Ex-Dividend for 9/11 Dividend8/22/2024Today9/07/2024Dividend Payable9/11/2024Next Earnings (Estimated)11/21/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:BORR CUSIPN/A CIK1715497 Webwww.borrdrilling.com Phone(441) 542-9234FaxN/AEmployees2,869Year FoundedN/APrice Target and Rating Average Stock Price Target$9.00 High Stock Price Target$9.00 Low Stock Price Target$9.00 Potential Upside/Downside+67.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.17 Trailing P/E Ratio31.71 Forward P/E RatioN/A P/E GrowthN/ANet Income$22.10 million Net Margins8.15% Pretax Margin12.33% Return on Equity7.69% Return on Assets2.38% Debt Debt-to-Equity Ratio1.75 Current Ratio1.57 Quick Ratio1.57 Sales & Book Value Annual Sales$918 million Price / Sales0.90 Cash Flow$0.84 per share Price / Cash Flow6.45 Book Value$6.45 per share Price / Book0.84Miscellaneous Outstanding Shares152,500,000Free FloatN/AMarket Cap$821.98 million OptionableOptionable Beta3.00 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Patrick Arnold Henk Schorn (Age 55)CEO & Director Mr. Magnus Vaaler (Age 41)Chief Financial Officer Mr. Tor Olav Troim (Age 61)Founder & Chairman of the Board Andreas Lavik LieVP of Treasury & IRBruno MorandChief Commercial OfficerMs. Mi Hong Yoon (Age 54)Company Secretary & Director More ExecutivesKey CompetitorsLiberty EnergyNYSE:LBRTBlack Stone MineralsNYSE:BSMTalos EnergyNYSE:TALOExpro GroupNYSE:XPROCrescent EnergyNYSE:CRGYView All CompetitorsInstitutional OwnershipFiera Capital CorpSold 1,048,379 shares on 8/19/2024Ownership: 1.014%Creative PlanningBought 64,109 shares on 8/16/2024Ownership: 0.060%The Manufacturers Life Insurance Company Bought 10,375 shares on 8/15/2024Ownership: 0.072%Xponance Inc.Bought 1,767 shares on 8/14/2024Ownership: 0.010%Point72 DIFC LtdBought 4,599 shares on 8/14/2024Ownership: 0.003%View All Institutional Transactions BORR Stock Analysis - Frequently Asked Questions How have BORR shares performed this year? Borr Drilling's stock was trading at $7.36 at the beginning of the year. Since then, BORR shares have decreased by 26.8% and is now trading at $5.39. View the best growth stocks for 2024 here. How were Borr Drilling's earnings last quarter? Borr Drilling Limited (NYSE:BORR) issued its earnings results on Thursday, November, 16th. The company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.22. The firm earned $191.50 million during the quarter. Borr Drilling had a net margin of 8.15% and a trailing twelve-month return on equity of 7.69%. When did Borr Drilling's stock split? Shares of Borr Drilling reverse split on Tuesday, December 14th 2021. The 1-2 reverse split was announced on Tuesday, December 14th 2021. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, December 14th 2021. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split. When did Borr Drilling IPO? Borr Drilling (BORR) raised $51 million in an initial public offering (IPO) on Wednesday, July 31st 2019. The company issued 5,000,000 shares at $10.16 per share. Goldman Sachs and DNB Markets acted as the underwriters for the IPO and BTIG, Citigroup, Danske Markets and Evercore ISI were co-managers. Who are Borr Drilling's major shareholders? Borr Drilling's top institutional shareholders include Fiera Capital Corp, Fiera Capital Corp (1.01%), Marshall Wace LLP (0.91%) and Goehring & Rozencwajg Associates LLC (0.64%). How do I buy shares of Borr Drilling? Shares of BORR 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. What other stocks do shareholders of Borr Drilling own? Based on aggregate information from My MarketBeat watchlists, some other companies that Borr Drilling investors own include LadRx (CYTR), Akorn (AKRXQ), Akers Biosciences (AKER), Akebia Therapeutics (AKBA), Adamis Pharmaceuticals (ADMP), ADMA Biologics (ADMA) and Acasti Pharma (ACST). This page (NYSE:BORR) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredMy grim warning about AI stocksToday, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S....Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Borr Drilling Limited Please log in to your account or sign up in order to add this asset to your watchlist. Share Borr Drilling With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free BORR Stock Alerts