In today’s recent session, 0.62 million shares of the Noble Corp Plc (NYSE:NE) have been traded, and its beta is 1.12. Most recently the company’s share price was $19.57, and it changed around $0.15 or 0.77% from the last close, which brings the market valuation of the company to $3.11B. NE at last check was trading at a discount to its 52-week high of $49.34, offering almost -152.12% off that amount. The share price’s 52-week low was $17.40, which indicates that the recent value has risen by an impressive 11.09% since then. We note from Noble Corp Plc’s average daily trading volume that its 10-day average is 4.45 million shares, with the 3-month average coming to 2.59 million.
Noble Corp Plc stock received a consensus recommendation rating of Buy, based on a mean score of 1.59. If we narrow it down even further, the data shows that 1 out of 12 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 recommended NE as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
Noble Corp Plc (NYSE:NE) trade information
Instantly NE has been showing a green trend so far today with a performance of 0.77% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 21.26 on recent trading dayincreased the stock’s daily price by 7.95%. The company’s shares are currently down -37.68% year-to-date, but still up 6.13% over the last five days. On the other hand, Noble Corp Plc (NYSE:NE) is -19.07% down in the 30-day period. We can see from the shorts that 9.72 million shares have been sold at a short interest cover period of 3.48 day(s).
The consensus price target as assigned by Wall Street analysts is $48, which translates to bulls needing to increase their stock price by 59.23% from its current value. Analyst projections state that NE is forecast to be at a low of $48 and a high of $48.
Noble Corp Plc earnings are expected to increase by -22.91% in 2025, but the outlook is positive 12.66% per year for the next five years.
NE Dividends
Noble Corp Plc’s next quarterly earnings report is expected to be released on 2025-Feb-16. The annual dividend yield of the stock is 9.71 percent and its annual dividend per share was 1.90. It is important to note, however, that the 9.71% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Noble Corp Plc (NYSE:NE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 21.04% of Noble Corp Plc shares, and 79.15% of them are in the hands of institutional investors. The stock currently has a share float of 100.24%. Noble Corp Plc stock is held by 413.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.4698% of the shares, which is about 11.95 million shares worth $533.44 million.
BLACKROCK INC., with 5.8992% or 8.43 million shares worth $376.28 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
First Eagle Funds-First Eagle Global Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 9.14 shares worth $180.37 million, making up 5.74% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 4.03 shares worth around $79.49 million, which represents about 2.53% of the total shares outstanding.
