NYSE:NBR Nabors Industries (NBR) Stock Price, News & Analysis → Your $200 account credit is about to expire (From MarketBeat) (Ad) Free NBR Stock Alerts $87.89 +3.17 (+3.74%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$84.70▼$87.9950-Day Range$74.42▼$90.5652-Week Range$71.42▼$141.47Volume164,030 shsAverage Volume250,870 shsMarket Capitalization$832.49 millionP/E RatioN/ADividend YieldN/APrice Target$129.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Nabors Industries alerts: Email Address Nabors Industries MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside47.5% Upside$129.60 Price TargetShort InterestHealthy9.72% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.28Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($4.30) to $6.40 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.2.03 out of 5 starsOils/Energy Sector187th out of 239 stocksDrilling Oil & Gas Wells Industry12th out of 13 stocks 3.1 Analyst's Opinion Consensus RatingNabors Industries has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $129.60, Nabors Industries has a forecasted upside of 47.5% from its current price of $87.89.Amount of Analyst CoverageNabors Industries has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted9.72% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nabors Industries has recently decreased by 14.61%, indicating that investor sentiment is improving 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 0.63% next year. This indicates that Nabors Industries will be able to sustain or increase its 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 1.0 News and Social Media Coverage News SentimentNabors Industries has a news sentiment score of -0.28. 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 0.59 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Nabors Industries this week, compared to 3 articles on an average week. 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 7.09% 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Nabors Industries are expected to grow in the coming year, from ($4.30) to $6.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nabors Industries is -17.03, 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 -17.03, 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 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… 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 HeadlinesMarch 25, 2024 | americanbankingnews.comBrokers Issue Forecasts for Nabors Industries Ltd.'s FY2024 Earnings (NYSE:NBR)March 23, 2024 | americanbankingnews.comQ1 2025 EPS Estimates for Nabors Industries Ltd. (NYSE:NBR) Reduced by Zacks ResearchMarch 28, 2024 | Behind the Markets (Ad)The AI Defense Stock Set to SoarTo protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.March 14, 2024 | finance.yahoo.comNBR: Raising target price to $66.00March 13, 2024 | finance.yahoo.comInvestors in Nabors Industries (NYSE:NBR) have unfortunately lost 51% over the last five yearsFebruary 25, 2024 | finance.yahoo.comNBR Dec 2024 100.000 callFebruary 25, 2024 | finance.yahoo.comNBR Dec 2024 45.000 putFebruary 19, 2024 | seekingalpha.comNabors Industries Is A Buy Despite The Saudi AnnouncementMarch 28, 2024 | MarketBeat (Ad)Your $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionFebruary 17, 2024 | finance.yahoo.comNBR Mar 2024 90.000 putFebruary 15, 2024 | bizjournals.comChesapeake Energy leads $17M funding of Sage Geosystems’ newest geothermal projectFebruary 10, 2024 | markets.businessinsider.comRBC Capital Sticks to Their Hold Rating for Nabors Industries (NBR)February 9, 2024 | finance.yahoo.comNabors Industries Ltd.'s (NYSE:NBR) Intrinsic Value Is Potentially 73% Above Its Share PriceFebruary 8, 2024 | finance.yahoo.comNabors Industries Ltd. (NYSE:NBR) Q4 2023 Earnings Call TranscriptFebruary 7, 2024 | finance.yahoo.comNabors (NBR) Q4 Earnings Improve Y/Y, Sales Miss EstimatesFebruary 7, 2024 | finance.yahoo.comNabors Industries (NBR) Reports Q4 Loss, Lags Revenue EstimatesFebruary 7, 2024 | finance.yahoo.comNabors (NBR) Reports Q4 Earnings: What Key Metrics Have to SayFebruary 6, 2024 | finance.yahoo.comNabors Announces Fourth Quarter 2023 ResultsFebruary 6, 2024 | markets.businessinsider.comNabors Industries Ltd. Q4 Loss decreases, but misses estimatesFebruary 6, 2024 | finance.yahoo.comNabors Industries Ltd (NBR) Reports Improved Financials Amidst Market ChallengesJanuary 28, 2024 | chron.comOil Report Nabors SLB CollaborationJanuary 23, 2024 | finance.yahoo.comNabors (NBR) Declined on Weak Commodity PricesJanuary 22, 2024 | finance.yahoo.comBear of the Day: Nabors Industries (NBR)January 16, 2024 | finance.yahoo.comNabors Industries (NYSE:NBR) Shareholders Will Want The ROCE Trajectory To ContinueJanuary 13, 2024 | seekingalpha.comNabors Industries: Debt Concerns LingerJanuary 11, 2024 | finance.yahoo.comSLB and Nabors Announce Collaboration to Scale Adoption of Drilling Automation SolutionsJanuary 3, 2024 | finance.yahoo.comNabors Industries Ltd. Fourth Quarter 2023 Earnings Conference Call InvitationSee 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 Earnings2/06/2024Today3/28/2024Next Earnings (Estimated)4/22/2024Fiscal 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$129.60 High Stock Price Target$150.00 Low Stock Price Target$88.00 Potential Upside/Downside+47.5%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($5.16) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-11,780,000.00 Net Margins-0.66% Pretax Margin4.23% Return on Equity-17.50% Return on Assets-2.07% Debt Debt-to-Equity Ratio4.63 Current Ratio1.36 Quick Ratio1.23 Sales & Book Value Annual Sales$3.01 billion Price / Sales0.28 Cash Flow$59.39 per share Price / Cash Flow1.48 Book Value$57.26 per share Price / Book1.53Miscellaneous Outstanding Shares9,472,000Free Float8,800,000Market Cap$832.49 million OptionableOptionable Beta2.33 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Anthony G. Petrello (Age 69)Chairman, President & CEO Comp: $6.15MMr. William J. Restrepo (Age 65)Chief Financial Officer Comp: $2.68MMr. Mark D. Andrews (Age 51)Corporate Secretary Comp: $588.96kMr. R. Clark Wood (Age 52)VP & Chief Accounting Officer Comp: $815.79kMs. Jade StrongSenior VP & Chief Administration 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 SolutionsMr. Yehya AltameimiChief Executive Officer of Saudi Aramco Nabors DrillingMr. William Cornelius Conroy CFAVice President of Corporate Development & Investor RelationsMore ExecutivesKey CompetitorsPrecision DrillingNYSE:PDSBorr DrillingNYSE:BORRHighPeak EnergyNASDAQ:HPKNET PowerNYSE:NPWRGranite Ridge ResourcesNYSE:GRNTView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 5,818 shares on 3/25/2024Ownership: 0.143%Vanguard Group Inc.Sold 96,007 shares on 3/11/2024Ownership: 8.226%Goldman Sachs Group Inc.Bought 209,450 shares on 3/1/2024Ownership: 4.193%Readystate Asset Management LPBought 8,164 shares on 2/20/2024Ownership: 0.280%Price T Rowe Associates Inc. MDSold 2,321 shares on 2/16/2024Ownership: 0.064%View All Insider TransactionsView All Institutional Transactions NBR Stock Analysis - Frequently Asked Questions Should I buy or sell Nabors Industries stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NBR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NBR, but not buy additional shares or sell existing shares. View NBR analyst ratings or view top-rated stocks. What is Nabors Industries' stock price target for 2024? 6 brokers have issued 12 month price targets for Nabors Industries' stock. Their NBR share price targets range from $88.00 to $150.00. On average, they predict the company's stock price to reach $129.60 in the next year. This suggests a possible upside of 47.5% from the stock's current price. View analysts price targets for NBR or view top-rated stocks among Wall Street analysts. How have NBR shares performed in 2024? Nabors Industries' stock was trading at $81.63 at the beginning of the year. Since then, NBR shares have increased by 7.7% and is now trading at $87.89. View the best growth stocks for 2024 here. When is Nabors Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our NBR earnings forecast. How were Nabors Industries' earnings last quarter? Nabors Industries Ltd. (NYSE:NBR) issued its quarterly earnings data on Tuesday, February, 6th. The oil and gas company reported ($3.84) EPS for the quarter, missing analysts' consensus estimates of ($1.54) by $2.30. The oil and gas company had revenue of $737.84 million for the quarter, compared to analysts' expectations of $749.52 million. Nabors Industries had a negative net margin of 0.66% and a negative trailing twelve-month return on equity of 17.50%. Is Nabors Industries a good dividend stock? Nabors Industries (NYSE:NBR) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for NBR. What ETFs hold Nabors Industries' stock? ETFs with the largest weight of Nabors Industries (NYSE:NBR) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco Oil & Gas Services ETF (PXJ), Invesco S&P SmallCap Energy ETF (PSCE), VanEck Oil Services ETF (OIH), Direxion Daily Oil Services Bull 2X Shares (ONG), iShares U.S. Oil Equipment & Services ETF (IEZ) and FT Energy Income Partners Strategy ETF (EIPX).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS). When did Nabors Industries' stock split? Nabors Industries shares 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 closing bell 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. What other stocks do shareholders of Nabors Industries own? Based on aggregate information from My MarketBeat watchlists, some companies that other Nabors Industries investors own include Bank of America (BAC), General Electric (GE), Enterprise Products Partners (EPD), Transocean (RIG), Micron Technology (MU), Marathon Oil (MRO), Intelsat (I), AT&T (T), Whiting Petroleum (WLL) and Ford Motor (F). Who are Nabors Industries' major shareholders? Nabors Industries' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.23%), Vanguard Group Inc. (8.23%), Goldman Sachs Group Inc. (4.19%), Goldman Sachs Group Inc. (4.19%), Gendell Jeffrey L (4.18%) and Dimensional Fund Advisors LP (3.12%). 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. Does Nabors Industries have any subsidiaries? The following companies are subsidiares of Nabors Industries: Nabors Blue Shield Ltd., Nabors Drilling Holdings Inc., Nabors Drilling International Limited, Nabors Drilling Technologies USA Inc., Nabors Global Holdings II Ltd., Nabors Global Holdings Limited, Nabors Holdings Ltd., Nabors Industries Inc., Nabors International Finance Inc., Nabors International Management Limited, Nabors International Netherlands B.V., Nabors Lux 2 S.a.r.l., Nabors Lux Finance 1 S.a.r.l., Nabors Yellow Reef Ltd., PetroMar Technologies Inc., Robotic Drilling Systems, Saudi Aramco Nabors Drilling Company, Superior Well Services, and Tesco.Read More This page (NYSE:NBR) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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