Tidewater (TDW) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $42.20 to $43.43
• 50-Day Range: $39.93 to $56.05
• 52-Week Range: $38.65 to $111.42
• Volume: 266,134 shs
• Average Volume: 1.03 million shs
• Market Capitalization: $2.22 billion
• P/E Ratio: 12.69
• Dividend Yield: N/A
• Price Target: $92.50
• Consensus Rating: Moderate Buy

Tidewater Stock Analysis - MarketRank™

Tidewater scored higher than 97% of companies evaluated by MarketBeat, and ranked 15th out of 275 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tidewater has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Tidewater has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 49.85%

Earnings Growth

Earnings for Tidewater are expected to grow by 49.85% in the coming year, from $3.25 to $4.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tidewater is 12.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tidewater is 12.69, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 51.98.

Price to Book Value per Share Ratio

Tidewater has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

10.86% of the float of Tidewater has been sold short.

Short Interest Ratio / Days to Cover

Tidewater has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Tidewater has recently decreased by 8.92%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tidewater does not currently pay a dividend.

Dividend Growth

Tidewater does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tidewater is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Tidewater will have a dividend payout ratio of 20.53% next year. This indicates that Tidewater will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -5.62

Percentage of Shares Shorted

10.86% of the float of Tidewater has been sold short.

Short Interest Ratio / Days to Cover

Tidewater has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Tidewater has recently decreased by 8.92%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.87

News Sentiment

Tidewater has a news sentiment score of 0.87. 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 higher news sentiment than the 0.73 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Tidewater this week, compared to 6 articles on an average week.

Search Interest

7 people have searched for TDW on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.

MarketBeat Follows

6 people have added Tidewater to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Tidewater insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,075,232.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 8.33% of the stock of Tidewater is held by insiders.

Percentage Held by Institutions

95.13% of the stock of Tidewater is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TDW Stock Analysis - Frequently Asked Questions

How have TDW shares performed this year?

Tidewater's stock was trading at $54.71 on January 1st, 2025. Since then, TDW shares have decreased by 21.3% and is now trading at $43.0650.
View the best growth stocks for 2025 here.

How were Tidewater's earnings last quarter?

Tidewater Inc. (NYSE:TDW) posted its quarterly earnings data on Thursday, November, 7th. The oil and gas company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.79 by $0.08. The oil and gas company had revenue of $340.36 million for the quarter, compared to analyst estimates of $339.65 million. Tidewater had a trailing twelve-month return on equity of 18.16% and a net margin of 13.92%.

Is Tidewater buying back stock?

Tidewater's Board of Directors authorized a share repurchase plan on Tuesday, August 6th 2024, which permits the company to repurchase $13,900,000 in shares, according to EventVestor. This means that the company could repurchase up to 0.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its stock is undervalued.

Does Tidewater have any subsidiaries?

Tidewater subsidiaries include GULFMARK OFFSHORE INC, Troms Offshore Supply AS, O.I.L. (Nigeria) Limited, Zapata Gulf Marine L.L.C., 3291361 Nova Scotia ULC, Al Wasl Marine LLC, Antilles Marine Service Limited, and more.

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.

What other stocks do shareholders of Tidewater own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tidewater investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Saia (SAIA), Broadcom (AVGO), Rambus (RMBS) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 4/01/2025
• Next Earnings (Estimated): 5/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Water transportation
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NYSE:TDW
• CIK: 98222
• Web: www.tdw.com
• Phone: (713) 470-5300
• Fax: 504-566-4582
• Employees: 6,300
• Year Founded: 1956

Price Target and Rating

• Average Stock Price Target: $92.50
• High Stock Price Target: $130.00
• Low Stock Price Target: $68.00
• Potential Upside/Downside: +113.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.40
• Trailing P/E Ratio: 12.77
• Forward P/E Ratio: 13.35
• P/E Growth: N/A
• Net Income: $97.18 million
• Net Margins: 13.92%
• Pretax Margin: 17.23%
• Return on Equity: 18.16%
• Return on Assets: 9.40%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 2.29
• Quick Ratio: 2.19

Sales & Book Value

• Annual Sales: $1.35 billion
• Price / Sales: 1.66
• Cash Flow: $5.18 per share
• Price / Cash Flow: 8.37
• Book Value: $19.64 per share
• Price / Book: 2.21

Miscellaneous

• Outstanding Shares: 51,470,000
• Free Float: 47,964,000
• Market Cap: $2.23 billion
• Optionable: Optionable
• Beta: 1.06