NYSE:NBR Nabors Industries (NBR) Stock Price, News & Analysis $66.05 -2.25 (-3.29%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$65.95▼$70.1750-Day Range$66.05▼$102.8352-Week Range$59.90▼$141.47Volume227,091 shsAverage Volume252,695 shsMarket Capitalization$706.87 millionP/E RatioN/ADividend YieldN/APrice Target$108.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Nabors Industries alerts: Email Address Nabors Industries MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside64.3% Upside$108.50 Price TargetShort InterestBearish20.89% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.01Based on 12 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($11.98) to $3.94 Per ShareSee 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.1.49 out of 5 starsOils/Energy Sector200th out of 239 stocksDrilling Oil & Gas Wells Industry12th out of 12 stocks 3.2 Analyst's Opinion Consensus RatingNabors Industries has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageNabors Industries has only been the subject of 2 research reports in the past 90 days.Read more about Nabors Industries' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted20.89% of the float of Nabors Industries has been sold short.Short Interest Ratio / Days to CoverNabors Industries has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Nabors Industries has recently increased by 14.84%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldNabors Industries does not currently pay a dividend.Dividend GrowthNabors Industries does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Nabors Industries will have a dividend payout ratio of 1.02% next year. This indicates that Nabors Industries will be able to sustain or increase its dividend.Read more about Nabors Industries' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NBR. Previous Next 2.2 News and Social Media Coverage News SentimentNabors Industries has a news sentiment score of 0.01. 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 0.65 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Nabors Industries this week, compared to 3 articles on an average week.Search Interest1 people have searched for NBR on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nabors Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.29% of the stock of Nabors Industries is held by insiders.Percentage Held by Institutions81.92% of the stock of Nabors Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Nabors Industries' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Nabors Industries are expected to grow in the coming year, from ($11.98) to $3.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nabors Industries is -4.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Nabors Industries is -4.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNabors Industries has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Nabors Industries' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressEx-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…Click here now and learn how to prepare. About Nabors Industries Stock (NYSE:NBR)Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.Read More NBR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NBR Stock News HeadlinesSeptember 5 at 10:27 AM | finance.yahoo.comInvestors are selling off Nabors Industries (NYSE:NBR), lack of profits no doubt contribute to shareholders one-year lossSeptember 3, 2024 | prnewswire.comNabors to Participate at Barclays Energy-Power ConferenceSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... September 3, 2024 | americanbankingnews.comQ3 2024 Earnings Estimate for Nabors Industries Ltd. (NYSE:NBR) Issued By Zacks ResearchSeptember 2, 2024 | americanbankingnews.comAKITA Drilling (OTCMKTS:AKTAF) and Nabors Industries (NYSE:NBR) Head-To-Head AnalysisSeptember 1, 2024 | forbes.comNabors IndustriesSeptember 1, 2024 | americanbankingnews.comNabors Industries (NYSE:NBR) Stock Price Down 4.2%August 31, 2024 | americanbankingnews.comNabors Industries Ltd. (NYSE:NBR) Receives $108.50 Consensus Target Price from BrokeragesSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 30, 2024 | americanbankingnews.comResearch Analysts Set Expectations for Nabors Industries Ltd.'s Q2 2025 Earnings (NYSE:NBR)August 22, 2024 | finance.yahoo.comNabors (NBR) Down 13.3% Since Last Earnings Report: Can It Rebound?August 12, 2024 | finance.yahoo.comNE Aug 2024 65.000 call (NE240816C00065000)August 7, 2024 | fortune.comNabors Industries, Inc.July 31, 2024 | markets.businessinsider.comMorgan Stanley Reaffirms Their Buy Rating on Nabors Industries (NBR)July 27, 2024 | finance.yahoo.comAnalysts Are Updating Their Nabors Industries Ltd. (NYSE:NBR) Estimates After Its Second-Quarter ResultsJuly 25, 2024 | finanznachrichten.deNabors Industries Ltd.: Nabors Announces Second Quarter 2024 ResultsJuly 25, 2024 | sg.finance.yahoo.comNBI1.SG,0P0001A09I,0 (NBI1.SG)July 25, 2024 | gurufocus.comQ2 2024 Nabors Industries Ltd Earnings Call TranscriptSee More Headlines Receive NBR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nabors Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/23/2024Today9/07/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryOil & Gas Drilling Current SymbolNYSE:NBR CUSIPG6359F10 CIK1163739 Webwww.nabors.com Phone(441) 292-1510Fax441-292-1334Employees12,000Year Founded1952Price Target and Rating Average Stock Price Target$108.50 High Stock Price Target$150.00 Low Stock Price Target$79.00 Potential Upside/Downside+64.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($13.81) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-11,780,000.00 Net Margins-4.73% Pretax Margin0.40% Return on Equity-28.10% Return on Assets-3.08% Debt Debt-to-Equity Ratio5.01 Current Ratio1.82 Quick Ratio1.57 Sales & Book Value Annual Sales$2.93 billion Price / Sales0.24 Cash Flow$52.01 per share Price / Cash Flow1.27 Book Value$52.53 per share Price / Book1.26Miscellaneous Outstanding Shares10,702,000Free Float9,922,000Market Cap$706.87 million OptionableOptionable Beta2.12 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Anthony G. Petrello (Age 69)Chairman, President & CEO Comp: $4.76MMr. William J. Restrepo (Age 65)Chief Financial Officer Comp: $2.16MMr. Mark D. Andrews CA (Age 51)CFA, Corporate Secretary Comp: $539.28kMr. R. Clark Wood (Age 52)VP & Chief Accounting Officer Comp: $815.79kMs. Jade StrongSenior VP & Chief Administration OfficerMr. Michael V. CsizmadiaSenior VP, General Counsel & Chief Compliance OfficerMr. Siegfried Meissner (Age 71)President of Energy Transition & Industrial Automation Mr. Travis PurvisSenior Vice President of Global Drilling OperationsMr. Subodh SaxenaSenior Vice President of Canrig & Nabors Drilling SolutionsMiguel RodriguezSenior Vice President of Finance OperationsMore ExecutivesKey CompetitorsPatterson-UTI EnergyNASDAQ:PTENHelmerich & PayneNYSE:HPHighPeak EnergyNASDAQ:HPKPrecision DrillingNYSE:PDSBorr DrillingNYSE:BORRView All CompetitorsInstitutional OwnershipCreative PlanningBought 3,360 shares on 8/16/2024Ownership: 0.082%Susquehanna Fundamental Investments LLCBought 5,075 shares on 8/15/2024Ownership: 0.098%AQR Capital Management LLCBought 601 shares on 8/15/2024Ownership: 0.044%The Manufacturers Life Insurance Company Bought 181 shares on 8/15/2024Ownership: 0.033%Profund Advisors LLCSold 2,862 shares on 8/14/2024Ownership: 0.034%View All Institutional Transactions NBR Stock Analysis - Frequently Asked Questions How have NBR shares performed this year? Nabors Industries' stock was trading at $81.63 at the start of the year. Since then, NBR stock has decreased by 19.1% and is now trading at $66.05. View the best growth stocks for 2024 here. How were Nabors Industries' earnings last quarter? Nabors Industries Ltd. (NYSE:NBR) issued its earnings results on Tuesday, July, 23rd. The oil and gas company reported ($4.29) earnings per share for the quarter, missing the consensus estimate of ($1.77) by $2.52. The business's revenue was down 4.6% on a year-over-year basis. When did Nabors Industries' stock split? Shares of Nabors Industries reverse split on the morning of Thursday, April 23rd 2020. The 1-50 reverse split was announced on Monday, April 20th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 22nd 2020. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split. What is Anthony G. Petrello's approval rating as Nabors Industries' CEO? 172 employees have rated Nabors Industries Chief Executive Officer Anthony G. Petrello on Glassdoor.com. Anthony G. Petrello has an approval rating of 61% among the company's employees. This puts Anthony G. Petrello in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Does Nabors Industries have any subsidiaries? Nabors Industries subsidiaries include Superior Well Services, PetroMar Technologies Inc., Tesco, Robotic Drilling Systems, Nabors Blue Shield Ltd., Nabors Drilling Holdings Inc., Nabors Drilling International Limited, and more. Who are Nabors Industries' major shareholders? Top institutional investors of Nabors Industries include Dimensional Fund Advisors LP (2.71%), American Century Companies Inc. (1.87%), Van ECK Associates Corp (2.06%) and Bank of New York Mellon Corp (1.08%). View institutional ownership trends. How do I buy shares of Nabors Industries? Shares of NBR 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 Nabors Industries own? Based on aggregate information from My MarketBeat watchlists, some other companies that Nabors Industries investors own include Bank of America (BAC), General Electric (GE), Enterprise Products Partners (EPD), Transocean (RIG), Micron Technology (MU), Marathon Oil (MRO) and Intelsat (I). This page (NYSE:NBR) 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 | 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 | 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 | 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 | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...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 Nabors Industries Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Share Nabors Industries 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.
