Noble (NE) Expected to Release Quarterly Earnings on Monday

Noble (NYSE:NE) is projected to release its Q2 2026 results after the market closes on Monday, July 27th. Analysts expect the company to post earnings of $0.18 per share and revenue of $700.8770 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 9:00 AM ET.

Noble (NYSE:NE) last released its quarterly earnings data on Monday, April 27th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. Noble had a return on equity of 2.32% and a net margin of 7.17%.The business had revenue of $785.69 million for the quarter, compared to analysts’ expectations of $730.47 million. During the same period in the prior year, the firm posted $0.26 EPS. The firm’s quarterly revenue was down 10.1% on a year-over-year basis. On average, analysts expect Noble to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Noble Stock Performance

Shares of NE opened at $43.31 on Friday. The company has a market cap of $6.91 billion, a price-to-earnings ratio of 30.28 and a beta of 0.92. The business’s fifty day simple moving average is $43.85 and its two-hundred day simple moving average is $43.88. Noble has a 12 month low of $25.24 and a 12 month high of $54.98. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.42.

Noble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, June 4th. Noble’s dividend payout ratio is presently 139.86%.

Insiders Place Their Bets

In other news, Director Charles M. Sledge sold 724 shares of Noble stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $51.61, for a total transaction of $37,365.64. Following the transaction, the director directly owned 1,360 shares of the company’s stock, valued at $70,189.60. The trade was a 34.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Al J. Hirshberg sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $52.62, for a total value of $263,100.00. Following the transaction, the director owned 27,803 shares of the company’s stock, valued at approximately $1,462,993.86. This trade represents a 15.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 143,550 shares of company stock valued at $6,985,436. 1.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Noble

Several large investors have recently added to or reduced their stakes in NE. EverSource Wealth Advisors LLC boosted its position in shares of Noble by 819.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,601 shares of the company’s stock worth $69,000 after purchasing an additional 2,318 shares during the period. Strs Ohio bought a new stake in shares of Noble during the 1st quarter valued at $142,000. Captrust Financial Advisors bought a new stake in shares of Noble during the 2nd quarter valued at $359,000. State of Tennessee Department of Treasury purchased a new position in shares of Noble during the 4th quarter valued at $1,109,000. Finally, Natixis Advisors LLC purchased a new position in shares of Noble during the 3rd quarter valued at $3,935,000. Hedge funds and other institutional investors own 68.14% of the company’s stock.

Wall Street Analysts Forecast Growth

NE has been the subject of several research analyst reports. Zacks Research downgraded Noble from a “hold” rating to a “strong sell” rating in a report on Wednesday. Susquehanna lowered their target price on shares of Noble from $55.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 8th. Wall Street Zen raised shares of Noble from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Evercore set a $59.00 price target on shares of Noble in a report on Monday, April 27th. Finally, Weiss Ratings lowered shares of Noble from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $43.12.

Noble Company Profile

Noble (NYSE: NE) is an offshore drilling company that provides drilling services to the global oil and gas industry. The firm operates a fleet of mobile offshore drilling units and delivers contract drilling solutions for exploration and production activities. Its core business centers on executing drilling programs for upstream energy companies across a range of water depths and operating environments.

Products and services include the operation and management of offshore drilling rigs — such as drillships, semisubmersibles and jackups — along with associated technical, engineering and project management services.