NYSE:BORR Borr Drilling (BORR) Stock Price, News & Analysis → The only defense company you should be looking at (From Behind the Markets) (Ad) Free BORR Stock Alerts $5.77 +0.13 (+2.30%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$5.54▼$5.8150-Day Range$5.51▼$6.9952-Week Range$5.40▼$9.01Volume1.72 million shsAverage Volume2.13 million shsMarket Capitalization$879.87 millionP/E Ratio72.13Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Borr Drilling alerts: Email Address Borr Drilling MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside56.0% Upside$9.00 Price TargetShort InterestHealthy3.44% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.30Based on 4 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.3.08 out of 5 starsOils/Energy Sector122nd out of 234 stocksDrilling Oil & Gas Wells Industry6th 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 only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.44% 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 3.7, 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 6.79%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BORR. Previous Next 2.9 News and Social Media Coverage News SentimentBorr Drilling has a news sentiment score of 1.30. 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 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Borr Drilling this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for BORR on MarketBeat in the last 30 days. This is a decrease of -50% 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 -50% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Borr Drilling is 72.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Borr Drilling is 72.13, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.57.Price to Book Value per Share RatioBorr Drilling has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinClick For My #1 FREE Crypto for 2024 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 HeadlinesApril 18, 2024 | americanbankingnews.comBorr Drilling Limited (NYSE:BORR) Short Interest Down 6.8% in MarchApril 17, 2024 | insidermonkey.com5 Best Dividend Stocks with High Upside PotentialApril 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 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 $158MApril 9, 2024 | prnewswire.comBorr Drilling Limited - Contracting UpdateApril 8, 2024 | oilprice.comSaudi Aramco Suspends Two Oil ContractorsApril 5, 2024 | msn.comBorr Drilling (NYSE:BORR) Disruption: Market Woes or a Window of Opportunity?April 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 4, 2024 | benzinga.comWhy Is Borr Drilling Stock Down Over 5% Today?April 4, 2024 | msn.comBorr Drilling sinks as rig suspends operations in Saudi ArabiaApril 4, 2024 | prnewswire.comBorr Drilling Limited - Contracting updateMarch 30, 2024 | seekingalpha.comBorr Drilling: Downgrading On Potential Saudi Aramco Jackup Market ImpactMarch 29, 2024 | investorplace.com3 High-Risk Stocks Under $20 That Can Triple by 2025March 28, 2024 | wsj.comBorr Drilling Ltd.March 27, 2024 | investorplace.com3 Small-Cap Stocks to Buy for 100% Returns Before 2025March 25, 2024 | msn.comBorr Drilling, Aehr Test Systems, Airship AI among premarket losers' packMarch 16, 2024 | finance.yahoo.comBORR Apr 2024 7.500 callMarch 15, 2024 | seekingalpha.comBorr Drilling: Fundamentals Remain StrongMarch 11, 2024 | msn.comBW Energy begins production from Hibiscus South field offshore GabonMarch 6, 2024 | msn.comNEXT, BORR among major energy gainers; WTI, VNOM major losersMarch 6, 2024 | prnewswire.comBorr Drilling Limited - Notification of PDMR transactionFebruary 27, 2024 | finance.yahoo.comBorr Drilling Limited - Announces Pricing of Additional $200 Million Offering of 10.000% Senior Secured Notes due 2028February 27, 2024 | prnewswire.comBorr Drilling Limited - Announces Pricing of Additional $200 Million Offering of 10.000% Senior Secured Notes due 2028February 27, 2024 | investing.comEarnings call: Borr Drilling reports a 15% increase in revenueFebruary 23, 2024 | markets.businessinsider.comEvercore ISI Group Maintains In-Line Rating for Borr Drilling: Here's What You Need To KnowFebruary 23, 2024 | finance.yahoo.comBorr Drilling Limited (NYSE:BORR) Q4 2023 Earnings Call TranscriptSee 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 Earnings2/22/2024Ex-Dividend for 3/18 Dividend3/01/2024Dividend Payable3/18/2024Today4/23/2024Next Earnings (Estimated)5/28/2024Fiscal 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+56.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.08 Trailing P/E Ratio72.13 Forward P/E RatioN/A P/E GrowthN/ANet Income$22.10 million Net Margins2.86% Pretax Margin7.27% Return on Equity2.38% Return on Assets0.72% Debt Debt-to-Equity Ratio1.65 Current Ratio1.14 Quick Ratio1.14 Sales & Book Value Annual Sales$771.60 million Price / Sales1.14 Cash Flow$0.98 per share Price / Cash Flow5.87 Book Value$6.45 per share Price / Book0.89Miscellaneous Outstanding Shares152,490,000Free Float140,448,000Market Cap$879.87 million OptionableOptionable Beta3.02 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 CompetitorsPrecision DrillingNYSE:PDSNabors IndustriesNYSE:NBRHighPeak EnergyNASDAQ:HPKGranite Ridge ResourcesNYSE:GRNTNational Energy Services ReunitedNASDAQ:NESRView All CompetitorsInstitutional OwnershipFolketrygdfondetSold 24,399 shares on 4/15/2024Ownership: 8.257%Ballentine Partners LLCBought 12,791 shares on 4/11/2024Ownership: 0.008%Syquant Capital SasBought 29,415 shares on 4/9/2024Ownership: 0.019%Virtu Financial LLCBought 27,435 shares on 2/26/2024Ownership: 0.018%Goehring & Rozencwajg Associates LLCBought 27,880 shares on 2/15/2024Ownership: 0.537%View All Institutional Transactions BORR Stock Analysis - Frequently Asked Questions Should I buy or sell Borr Drilling stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Borr Drilling in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 12-month target prices for Borr Drilling's stock. Their BORR share price targets range from $9.00 to $9.00. On average, they expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 56.0% 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 on January 1st, 2024. Since then, BORR stock has decreased by 21.6% and is now trading at $5.77. View the best growth stocks for 2024 here. Are investors shorting Borr Drilling? Borr Drilling saw a decrease in short interest in March. As of March 31st, there was short interest totaling 7,820,000 shares, a decrease of 6.8% from the March 15th total of 8,390,000 shares. Based on an average daily volume of 2,110,000 shares, the short-interest ratio is presently 3.7 days. Approximately 3.4% of the shares of the company 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 Tuesday, May 28th 2024. View our BORR earnings forecast. How were Borr Drilling's earnings last quarter? Borr Drilling Limited (NYSE:BORR) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.05. The company had revenue of $220.60 million for the quarter. Borr Drilling had a trailing twelve-month return on equity of 2.38% and a net margin of 2.86%. How often does Borr Drilling pay dividends? What is the dividend yield for Borr Drilling? Borr Drilling announced a monthly dividend on Friday, February 23rd. Stockholders of record on Monday, March 4th will be given a dividend of $0.05 per share on Monday, March 18th. This represents a $0.60 dividend on an annualized basis and a yield of 10.40%. The ex-dividend date of this dividend is Friday, March 1st. Read our dividend analysis for BORR. When did Borr Drilling's stock split? Borr Drilling shares reverse split before market open 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. 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 shareholders include Folketrygdfondet (8.26%), Syquant Capital Sas (0.02%) and Ballentine Partners LLC (0.01%). 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 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithSHOCKING Crypto Leak…Crypto 101 Mediatop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe Next Nvidia?InvestorPlaceExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersGreat Crypto BullWeiss Ratings 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. 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