Borr Drilling Ltd (NYSE: BORR) Disappoints Wall Street With -4.80% Stock Price Loss

Borr Drilling Ltd (NYSE:BORR) has a beta value of 2.20 and has seen 1.13 million shares traded in the recent trading session. The company, currently valued at $537.24M, closed the recent trade at $2.18 per share which meant it lost -$0.11 on the day or -4.80% during that session. The BORR stock price is -233.03% off its 52-week high price of $7.26 and 0.0% above the 52-week low of $2.18.

The consensus among analysts is that Borr Drilling Ltd (BORR) is Buy stock at the moment, with a recommendation rating of 1.22. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.04.

Borr Drilling Ltd (NYSE:BORR) trade information

Sporting -4.80% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BORR stock price touched $2.18 or saw a rise of 10.29%. Year-to-date, Borr Drilling Ltd shares have moved -44.10%, while the 5-day performance has seen it change -6.83%. Over the past 30 days, the shares of Borr Drilling Ltd (NYSE:BORR) have changed -32.92%.

Wall Street analysts have a consensus price target for the stock at $9, which means that the shares’ value could jump 75.78% from the levels at last check today. The projected low price target is $9.0 while the price target rests at a high of $9.0. In that case, then, we find that the latest price level in today’s session is -312.84% off the targeted high while a plunge would see the stock gain -312.84% from the levels at last check today.

Borr Drilling Ltd (BORR) estimates and forecasts

The company’s shares have lost -59.55% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 4.72%.

3 analysts offering their estimates for the company have set an average revenue estimate of 231.17M for the current quarter. 3 have an estimated revenue figure of 259.43M for the next ending quarter. Year-ago sales stood 234M and 271.9M respectively for this quarter and the next, and analysts expect sales will shrink by -1.21% for the current quarter and 4.72% for the next.

Earnings growth for 2025 is a modest -25.47% while over the next 5 years, the company’s earnings are expected to increase by 6.33%.

BORR Dividends

Borr Drilling Ltd is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.24 at a share yield of 11.01%. The company’s dividend yield has gone up over the past 12 months.

Borr Drilling Ltd (NYSE:BORR)’s Major holders

Also the top two Mutual Funds that are holding company’s shares are Smallcap World Fund and Fidelity Dividend Growth Fund. As of Dec 31, 2024, the former fund manager holds about 4.55% shares in the company for having 12.02 shares of worth $26.18 million while later fund manager owns 6.41 shares of worth $13.97 million as of Dec 31, 2024, which makes it owner of about 2.43% of company’s outstanding stock.