NYSE:NBR Nabors Industries (NBR) Stock Price, News & Analysis → These AI trades triggered this morning (545% return) (From Prosper Trading Academy) (Ad) Free NBR Stock Alerts $77.39 +1.15 (+1.51%) (As of 02:03 PM ET) Add Compare Share Share Today's Range$74.94▼$78.5050-Day Range$74.86▼$90.5652-Week Range$71.42▼$141.47Volume79,240 shsAverage Volume249,392 shsMarket Capitalization$732.88 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/Downside63.4% Upside$127.80 Price TargetShort InterestBearish11.81% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.23Based on 17 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($5.56) to $6.71 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.1.18 out of 5 starsOils/Energy Sector210th out of 240 stocksDrilling Oil & Gas Wells Industry12th 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 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.81% 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 4.2.Change versus previous monthShort interest in Nabors Industries has recently increased by 16.61%, indicating that investor sentiment is decreasing significantly. 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 2.1 News and Social Media Coverage News SentimentNabors Industries has a news sentiment score of -0.23. 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 0.43 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 17 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. 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 ($5.56) to $6.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nabors Industries is -5.66, 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 -5.66, 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 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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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 25, 2024 | markets.businessinsider.comBenchmark Co. Keeps Their Hold Rating on Nabors Industries (NBR)April 25, 2024 | bizjournals.comGeothermal energy co. GA Drilling eyes U.S., European projects after funding from Nabors, othersApril 26, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 25, 2024 | seekingalpha.comNabors Industries Ltd. 2024 Q1 - Results - Earnings Call PresentationApril 25, 2024 | finanznachrichten.deNabors Industries Ltd.: Nabors Announces First Quarter 2024 ResultsApril 25, 2024 | finance.yahoo.comNabors Industries Ltd (NBR) Q1 2024 Earnings: Misses Analyst Projections Amidst Revenue GrowthApril 25, 2024 | americanbankingnews.comNabors Industries Ltd. (NYSE:NBR) Receives Average Rating of "Hold" from AnalystsApril 24, 2024 | investorplace.comNBR Stock Earnings: Nabors Industries Misses EPS, Beats Revenue for Q1 2024April 26, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 24, 2024 | markets.businessinsider.comNabors Industries Ltd. Q1 Earnings SummaryApril 24, 2024 | markets.businessinsider.comNabors Industries earnings preview: what Wall Street is expectingApril 24, 2024 | prnewswire.comNabors Announces First Quarter 2024 ResultsApril 23, 2024 | msn.comNabors Q1 2024 Earnings PreviewApril 17, 2024 | americanbankingnews.comNabors Industries (NBR) Scheduled to Post Quarterly Earnings on WednesdayApril 14, 2024 | markets.businessinsider.comNabors Industries (NBR) Receives a Rating Update from a Top AnalystApril 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 $66.00March 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 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 TranscriptSee 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 Earnings4/24/2024Today4/26/2024Next Earnings (Estimated)7/23/2024Fiscal 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+70.0%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$56.06 per share Price / Cash Flow1.36 Book Value$57.26 per share Price / Book1.33Miscellaneous Outstanding Shares9,470,000Free Float8,800,000Market Cap$721.99 million OptionableOptionable Beta2.33 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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:HPKNGL Energy PartnersNYSE:NGLSilverBow ResourcesNYSE:SBOWView 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%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%Gendell Jeffrey LBought 12,119 shares on 2/15/2024Ownership: 4.185%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 Wall Street analysts have issued 12 month target prices for Nabors Industries' stock. Their NBR share price targets range from $79.00 to $150.00. On average, they predict the company's stock price to reach $127.80 in the next twelve months. This suggests a possible upside of 63.4% 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 2024. Since then, NBR shares have decreased by 4.2% and is now trading at $78.22. 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 Tuesday, July 23rd 2024. View our NBR earnings forecast. How were Nabors Industries' earnings last quarter? Nabors Industries Ltd. (NYSE:NBR) announced its earnings results on Wednesday, April, 24th. The oil and gas company reported ($5.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.24) by $2.92. The oil and gas company had revenue of $743.91 million for the quarter, compared to the consensus estimate of $730.59 million. Nabors Industries had a negative trailing twelve-month return on equity of 23.12% and a negative net margin of 3.45%. 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) and VanEck Oil Services ETF (OIH).iShares U.S. Oil Equipment & Services ETF (IEZ). When did Nabors Industries' stock split? Shares of Nabors Industries reverse split 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 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 number of institutional and retail 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 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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