Borr Drilling (BORR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.88 to $1.97
• 50-Day Range: $1.71 to $3.27
• 52-Week Range: $1.62 to $7.26
• Volume: 2.52 million shs
• Average Volume: 3.50 million shs
• Market Capitalization: $461.69 million
• P/E Ratio: 5.89
• Dividend Yield: 5.31%
• Price Target: $9.00
• Consensus Rating: Buy

Borr Drilling Stock Analysis - MarketRank™

Borr Drilling scored higher than 66% of companies evaluated by MarketBeat, and ranked 133rd out of 271 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Borr Drilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Borr Drilling has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Borr Drilling is 5.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Borr Drilling is 5.89, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 42.66.

Price to Book Value per Share Ratio

Borr Drilling has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.90% of the float of Borr Drilling has been sold short.

Short Interest Ratio / Days to Cover

Borr Drilling has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Borr Drilling has recently increased by 8.54%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Borr Drilling is a leading dividend payer. It pays a dividend yield of 5.10%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Borr Drilling does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Borr Drilling is 31.25%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.90% of the float of Borr Drilling has been sold short.

Short Interest Ratio / Days to Cover

Borr Drilling has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Borr Drilling has recently increased by 8.54%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.36

News Sentiment

Borr Drilling has a news sentiment score of 0.36. 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 Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Borr Drilling this week, compared to 4 articles on an average week.

Search Interest

7 people have searched for BORR on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Borr Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Borr Drilling insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.90% of the stock of Borr Drilling is held by insiders.

Percentage Held by Institutions

83.12% of the stock of Borr Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BORR Stock Analysis - Frequently Asked Questions

How have BORR shares performed this year?

Borr Drilling's stock was trading at $3.90 on January 1st, 2025. Since then, BORR shares have decreased by 51.7% and is now trading at $1.8850.
View the best growth stocks for 2025 here.

How were Borr Drilling's earnings last quarter?

Borr Drilling Limited (NYSE:BORR) announced its earnings results on Wednesday, February, 19th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by $0.01. The business earned $263.10 million during the quarter, compared to analysts' expectations of $247.78 million. Borr Drilling had a net margin of 8.12% and a trailing twelve-month return on equity of 8.27%.
Read the conference call transcript.

When did Borr Drilling's stock split?

Borr Drilling's stock 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 closing bell 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 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 investors include Rhumbline Advisers (0.14%).

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.

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 NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Chevron (CVX).

Company Calendar

• Last Earnings: 2/19/2025
• Record date for 3/19 Dividend: 3/03/2025
• Ex-Dividend for 3/19 Dividend: 3/03/2025
• Dividend Payable: 3/19/2025
• Today: 4/15/2025
• Next Earnings (Estimated): 5/21/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Drilling oil & gas wells
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:BORR
• CIK: 1715497
• Web: www.borrdrilling.com
• Phone: (441) 542-9234
• Fax: N/A
• Employees: 520
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.00
• High Stock Price Target: $9.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +377.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.32
• Trailing P/E Ratio: 5.89
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $22.10 million
• Net Margins: 8.12%
• Pretax Margin: 12.76%
• Return on Equity: 8.27%
• Return on Assets: 2.51%

Debt

• Debt-to-Equity Ratio: 1.91
• Current Ratio: 1.41
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: $1.01 billion
• Price / Sales: 0.46
• Cash Flow: $0.35 per share
• Price / Cash Flow: 5.37
• Book Value: $3.90 per share
• Price / Book: 0.48

Miscellaneous

• Outstanding Shares: 244,927,000
• Free Float: 232,628,000
• Market Cap: $461.69 million
• Optionable: Optionable
• Beta: 2.22