NYSE:BORR Borr Drilling (BORR) Stock Price, News & Analysis → Biden Nomination CANCELED? (From The Freeport Society) (Ad) Free BORR Stock Alerts $6.88 -0.37 (-5.10%) (As of 05/29/2024 ET) Add Compare Share Share Today's Range$6.88▼$7.2250-Day Range$5.26▼$7.2552-Week Range$5.19▼$9.01Volume1.90 million shsAverage Volume1.90 million shsMarket Capitalization$1.05 billionP/E Ratio40.47Dividend YieldN/APrice 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/Downside30.8% Upside$9.00 Price TargetShort InterestHealthy3.25% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.32Based on 17 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.2.35 out of 5 starsOils/Energy Sector200th out of 238 stocksDrilling Oil & Gas Wells Industry12th out of 13 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 5.0 Short Interest Percentage of Shares Shorted3.25% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Borr Drilling has recently decreased by 15.80%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldBorr Drilling does not currently pay a dividend.Dividend GrowthBorr Drilling does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Borr Drilling is 117.65%. Payout ratios above 75% are not desirable because they may not be sustainable.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 2.4 News and Social Media Coverage News SentimentBorr Drilling has a news sentiment score of 0.32. 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 0.63 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Borr Drilling this week, compared to 3 articles on an average week.Search Interest8 people have searched for BORR on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Borr Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Borr Drilling is 40.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Borr Drilling is 40.47, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.19.Price to Book Value per Share RatioBorr Drilling has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued 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 Crypto 101 MediaShocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. 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 HeadlinesMay 26, 2024 | americanbankingnews.comBorr Drilling Limited (BORR) To Go Ex-Dividend on June 3rdMay 26, 2024 | americanbankingnews.comBorr Drilling (NYSE:BORR) Posts Earnings ResultsMay 26, 2024 | americanbankingnews.comBorr Drilling (NYSE:BORR) Stock Price Up 4.3% Following Dividend AnnouncementMay 25, 2024 | americanbankingnews.comBorr Drilling (NYSE:BORR) Shares Gap Up to $5.83May 23, 2024 | fool.comWhy Borr Drilling Rallied TodayMay 23, 2024 | msn.comBORR, HNRG among major energy gainersMay 23, 2024 | sfgate.comBorr Drilling: Q1 Earnings SnapshotMay 23, 2024 | msn.comBorr Drilling raises dividend by 100%May 23, 2024 | msn.comBORR Stock Earnings: Borr Drilling Misses EPS, Beats Revenue for Q1 2024May 23, 2024 | marketwatch.comBorr Drilling Shares Climb 12% on 1Q Revenue Beat, Dividend IncreaseMay 23, 2024 | seekingalpha.comBorr Drilling Limited 2024 Q1 - Results - Earnings Call PresentationMay 23, 2024 | prnewswire.comBorr Drilling Limited - Q1 2024 PresentationMay 23, 2024 | prnewswire.comBorr Drilling Limited Announces First Quarter 2024 ResultsMay 23, 2024 | prnewswire.comBorr Drilling Limited - Dividend declaration and key information relating to the cash distribution for the first quarter 2024May 22, 2024 | msn.comBW Energy makes oil discovery in Hibiscus field offshore GabonMay 21, 2024 | investorplace.comThe Dividend Investor's Dream: 3 Low-Priced Stocks With Huge Upside PotentialMay 21, 2024 | americanbankingnews.comBorr Drilling (BORR) to Release Earnings on ThursdayMay 17, 2024 | markets.businessinsider.comBorr Drilling Ltd Registered Shs Reg S hosts conference call for investorsMay 15, 2024 | finance.yahoo.comBorr Drilling Limited - Invitation to webcast and conference call Q1 2024 resultsMay 14, 2024 | investorplace.com3 Under-$10 Energy Stocks That Can Double in 2025April 30, 2024 | finanznachrichten.deBW Energy Limited: Q1 2024 trading updateApril 30, 2024 | finance.yahoo.comBW Energy: Q1 2024 trading updateApril 17, 2024 | insidermonkey.com5 Best Dividend Stocks with High Upside PotentialApril 13, 2024 | investorplace.com3 Overlooked Growth Stocks Trading at a Bargain This MonthApril 9, 2024 | msn.comBorr Drilling bags deals for three jack-up rigs totaling $158MSee 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 Ex-Dividend for 3/18 Dividend3/01/2024Dividend Payable3/18/2024Last Earnings5/23/2024Today5/29/2024Ex-Dividend for 6/17 Dividend6/03/2024Dividend Payable6/17/2024Next Earnings (Estimated)8/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryN/A 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+30.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.17 Trailing P/E Ratio40.47 Forward P/E RatioN/A P/E GrowthN/ANet Income$22.10 million Net Margins5.27% Pretax Margin9.69% Return on Equity4.62% Return on Assets1.41% Debt Debt-to-Equity Ratio1.82 Current Ratio1.60 Quick Ratio1.60 Sales & Book Value Annual Sales$771.60 million Price / Sales1.36 Cash Flow$0.95 per share Price / Cash Flow7.27 Book Value$6.49 per share Price / Book1.06Miscellaneous Outstanding Shares152,490,000Free Float140,448,000Market Cap$1.05 billion OptionableOptionable Beta3.06 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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 CompetitorsHelmerich & PayneNYSE:HPHighPeak EnergyNASDAQ:HPKPrecision DrillingNYSE:PDSNabors IndustriesNYSE:NBRIndependence Contract DrillingNYSE:ICDView All CompetitorsInstitutional OwnershipCalifornia State Teachers Retirement SystemSold 14,073 shares on 5/16/2024Ownership: 0.015%Price T Rowe Associates Inc. MDBought 7,979 shares on 5/15/2024Ownership: 0.041%Capital International InvestorsBought 4,601,527 shares on 5/14/2024Ownership: 11.547%Capital International Inc. CA Bought 431,861 shares on 5/14/2024Ownership: 1.736%Capital International SarlBought 44,146 shares on 5/14/2024Ownership: 0.257%View All Institutional Transactions BORR Stock Analysis - Frequently Asked Questions Should I buy or sell Borr Drilling stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Borr Drilling in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BORR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BORR, but not buy additional shares or sell existing shares. View BORR analyst ratings or view top-rated stocks. What is Borr Drilling's stock price target for 2024? 1 brokerages have issued 1-year price objectives for Borr Drilling's stock. Their BORR share price targets range from $9.00 to $9.00. On average, they anticipate the company's share price to reach $9.00 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View analysts price targets for BORR or view top-rated stocks among Wall Street analysts. How have BORR shares performed in 2024? Borr Drilling's stock was trading at $7.36 at the beginning of 2024. Since then, BORR stock has decreased by 6.5% and is now trading at $6.88. View the best growth stocks for 2024 here. Are investors shorting Borr Drilling? Borr Drilling saw a decline in short interest in May. As of May 15th, there was short interest totaling 7,410,000 shares, a decline of 15.8% from the April 30th total of 8,800,000 shares. Based on an average daily volume of 2,280,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 3.3% of the shares of the stock are sold short. View Borr Drilling's Short Interest. When is Borr Drilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024. View our BORR earnings forecast. How were Borr Drilling's earnings last quarter? Borr Drilling Limited (NYSE:BORR) released its earnings results on Thursday, May, 23rd. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $234 million for the quarter. Borr Drilling had a trailing twelve-month return on equity of 4.62% and a net margin of 5.27%. How often does Borr Drilling pay dividends? What is the dividend yield for Borr Drilling? Borr Drilling declared a quarterly dividend on Friday, May 24th. Shareholders of record on Monday, June 3rd will be paid a dividend of $0.10 per share on Monday, June 17th. This represents a $0.40 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date of this dividend is Monday, June 3rd. Read our dividend analysis for BORR. Is Borr Drilling a good dividend stock? Borr Drilling (NYSE:BORR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 117.65%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for BORR. When did Borr Drilling's stock split? Borr Drilling shares reverse split on the morning of 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. What other stocks do shareholders of Borr Drilling own? Based on aggregate information from My MarketBeat watchlists, some companies that other Borr Drilling investors own include LadRx (CYTR), Akorn (AKRXQ), Akers Biosciences (AKER), Akebia Therapeutics (AKBA), Adamis Pharmaceuticals (ADMP), ADMA Biologics (ADMA), Acasti Pharma (ACST), AcelRx Pharmaceuticals (ACRX), Acorda Therapeutics (ACOR) and Aurora Cannabis (ACB). 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 a price of $10.16 per share. Goldman Sachs and DNB Markets served 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 stock is owned by a number of institutional and retail investors. Top institutional investors include Capital International Investors (11.55%), Folketrygdfondet (8.26%), Vanguard Group Inc. (6.21%), Capital International Inc. CA (1.74%), Swiss National Bank (0.28%) and Capital International Sarl (0.26%). 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. This page (NYSE:BORR) was last updated on 5/30/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersShocking $16T Elon Musk Crypto LeakCrypto 101 MediaMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceThe 7th Trillion Dollar Company?The Oxford ClubThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarBiden Nomination CANCELED?The Freeport SocietyBUY ALERT: Tiny tech play partners with US governmentStansberry ResearchGold Set to EXPLODE!Gold Safe Exchange 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial 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.