In today’s recent session, 0.93 million shares of the Borr Drilling Ltd (NYSE:BORR) have been traded, and its beta is 2.22. Most recently the company’s share price was $2.31, and it changed around -$0.03 or -1.50% from the last close, which brings the market valuation of the company to $568.02M. BORR at last check was trading at a discount to its 52-week high of $7.26, offering almost -214.29% off that amount. The share price’s 52-week low was $2.18, which indicates that the recent value has risen by an impressive 5.63% since then.
Borr Drilling Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.22. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended BORR as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Borr Drilling Ltd is expected to report earnings per share of 0.07 for the current quarter.
Borr Drilling Ltd (NYSE:BORR) trade information
Instantly BORR has been showing red trend so far today with a performance of -1.50% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.75 on recent trading dayincreased the stock’s daily price by 16.0%. The company’s shares are currently down -40.90% year-to-date, but still down -13.67% over the last five days. On the other hand, Borr Drilling Ltd (NYSE:BORR) is -31.60% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 74.33% from its current value. Analyst projections state that BORR is forecast to be at a low of $9 and a high of $9.
Borr Drilling Ltd (BORR) estimates and forecasts
The year-over-year growth rate is expected to be 4.72%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 231.17M in revenue for the current quarter. 3 analysts expect Borr Drilling Ltd to make 259.43M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 234M and 271.9M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -1.21%. Forecasts for the next quarter put sales growth at -4.59%.
Borr Drilling Ltd earnings are expected to increase by -25.47% in 2025, but the outlook is positive 6.33% per year for the next five years.
BORR Dividends
Borr Drilling Ltd’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 10.41 percent and its annual dividend per share was 0.24. It is important to note, however, that the 10.41% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Borr Drilling Ltd (NYSE:BORR)’s Major holders
Smallcap World Fund and Fidelity Dividend Growth Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 12.02 shares worth $27.64 million, making up 4.55% of all outstanding shares. On the other hand, Fidelity Dividend Growth Fund held roughly 6.41 shares worth around $14.74 million, which represents about 2.43% of the total shares outstanding.
