NYSE:NBR Nabors Industries (NBR) Stock Price, News & Analysis → Secret Bull Market Starts in This Unusual Sector (From Altimetry) (Ad) Free NBR Stock Alerts $76.53 -0.51 (-0.66%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$75.68▼$78.2150-Day Range$74.86▼$90.5652-Week Range$71.42▼$141.47Volume194,246 shsAverage Volume245,783 shsMarket Capitalization$724.74 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/Downside69.3% Upside$129.60 Price TargetShort InterestBearish10.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.54Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($4.31) to $7.18 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.1.70 out of 5 starsOils/Energy Sector180th out of 227 stocksDrilling Oil & Gas Wells Industry10th out of 12 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.Amount of Analyst CoverageNabors Industries has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted10.13% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nabors Industries has recently increased by 4.25%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldNabors Industries does not currently pay a dividend.Dividend GrowthNabors Industries 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 NBR. Previous Next 3.1 News and Social Media Coverage News SentimentNabors Industries has a news sentiment score of 0.54. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Nabors Industries this week, compared to 3 articles on an average week.Search Interest1 people have searched for NBR on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Nabors Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. 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 ($4.31) to $7.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nabors Industries is -14.83, 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 -14.83, 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 1.34. 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 AltimetrySecret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. Click for my No. 1 investment, all free of charge, click here. 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 HeadlinesApril 17, 2024 | americanbankingnews.comNabors Industries (NBR) Scheduled to Post Quarterly Earnings on WednesdayApril 15, 2024 | americanbankingnews.comZacks Research Weighs in on Nabors Industries Ltd.'s FY2025 Earnings (NYSE:NBR)April 19, 2024 | Altimetry (Ad)Secret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. April 14, 2024 | markets.businessinsider.comNabors Industries (NBR) Receives a Rating Update from a Top AnalystApril 9, 2024 | americanbankingnews.comNabors Industries (NYSE:NBR) Stock Rating Reaffirmed by SusquehannaApril 3, 2024 | prnewswire.comNabors Industries Ltd. 1st Quarter 2024 Earnings Conference Call InvitationApril 3, 2024 | finance.yahoo.comWith 83% ownership of the shares, Nabors Industries Ltd. (NYSE:NBR) is heavily dominated by institutional ownersMarch 14, 2024 | finance.yahoo.comNBR: Raising target price to $66.00April 19, 2024 | Altimetry (Ad)Secret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. March 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 AnnouncementFebruary 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)See 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 Earnings2/06/2024Today4/19/2024Next Earnings (Confirmed)4/24/2024Fiscal 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+69.3%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$3.05 billion Price / Sales0.24 Cash Flow$60.74 per share Price / Cash Flow1.26 Book Value$57.26 per share Price / Book1.34Miscellaneous Outstanding Shares9,470,000Free Float8,800,000Market Cap$724.74 million OptionableOptionable Beta2.33 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.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 CompetitorsBorr DrillingNYSE:BORRPrecision DrillingNYSE:PDSHighPeak EnergyNASDAQ:HPKDril-QuipNYSE:DRQRamaco ResourcesNASDAQ:METCView All CompetitorsInsiders & InstitutionsGAMMA Investing LLCBought 332 shares on 4/5/2024Ownership: 0.016%Quadrature 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%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 equities 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 equities 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 Wall Street analysts have issued 12-month price objectives for Nabors Industries' shares. Their NBR share price targets range from $88.00 to $150.00. On average, they expect the company's share price to reach $129.60 in the next year. This suggests a possible upside of 69.3% 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 on January 1st, 2024. Since then, NBR stock has decreased by 6.2% and is now trading at $76.53. 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 Wednesday, April 24th 2024. View our NBR earnings forecast. How can I listen to Nabors Industries' earnings call? Nabors Industries will be holding an earnings conference call on Thursday, April 25th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9793677". How were Nabors Industries' earnings last quarter? Nabors Industries Ltd. (NYSE:NBR) announced its quarterly earnings results on Tuesday, February, 6th. The oil and gas company reported ($3.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.54) by $2.30. The oil and gas company earned $737.84 million during the quarter, compared to the consensus estimate of $749.52 million. Nabors Industries had a negative trailing twelve-month return on equity of 17.50% and a negative net margin of 0.66%. 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), Strategas Macro Thematic Opportunities ETF (SAMT), Invesco S&P SmallCap Energy ETF (PSCE), Direxion Daily Oil Services Bull 2X Shares (ONG), FT Energy Income Partners Strategy ETF (EIPX) and VanEck Oil Services ETF (OIH).iShares U.S. Oil Equipment & Services ETF (IEZ). When did Nabors Industries' stock split? Nabors Industries shares reverse split before market open on 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 market closes 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 shareholders include GAMMA Investing LLC (0.02%). 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 4/19/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsThe #1 Crypto for 2024InvestorPlaceOptions trading has suddenly become more reliable.Eagle PublishingHow Biden has already won 2024Porter & CompanyTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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