In the last trading session, 3.51 million Borr Drilling Ltd (NYSE:BORR) shares changed hands as the company’s beta touched 1.81. With the company’s per share price at $1.69 changed hands at -$0.03 or -1.74% during last session, the market valuation stood at $404.43M. BORR’s last price was a discount, traded about -329.59% off its 52-week high of $7.26. The share price had its 52-week low at $1.62, which suggests the last value was 4.14% up since then.
Analysts gave the Borr Drilling Ltd (BORR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.57. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BORR as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Borr Drilling Ltd (NYSE:BORR) trade information
Instantly BORR was in red as seen at the end of in last trading. With action -8.65%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -56.67%, with the 5-day performance at -8.65% in the red. However, in the 30-day time frame, Borr Drilling Ltd (NYSE:BORR) is -6.11% down.
The consensus price target for the stock as assigned by Wall Street analysts is 9, meaning bulls need an upside of 81.22% from its current market value. According to analyst projections, BORR’s forecast low is 9 with 9 as the target high. To hit the forecast high, the stock’s price needs a -432.54% plunge from its current level, while the stock would need to soar -432.54% for it to hit the projected low.
The 2025 estimates are for Borr Drilling Ltd earnings to decrease by -48.38%, but the outlook for the next 5-year period is at -22.35% per year.
BORR Dividends
Borr Drilling Ltd is expected to release its next quarterly earnings report in June. The 14.20% annual yield figure for the share gives it an annual dividend of 0.24. It is important to note, however, that the 14.20% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.4226% or 13.62 million shares worth $87.86 million as of 2024-06-30.
