During the last session, Nabors Industries Ltd (NYSE:NBR)’s traded shares were 0.35 million, with the beta value of the company hitting 1.53. At the end of the trading day, the stock’s price was $25.81, reflecting an intraday loss of -2.27% or -$0.6. The 52-week high for the NBR share is $105.96, that puts it down -310.54 from that peak though still a striking 9.84% gain since the share price plummeted to a 52-week low of $23.27. The company’s market capitalization is $405.21M, and the average trade volume was 491.85K shares over the past three months.
Nabors Industries Ltd (NBR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.22. NBR has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -1.6.
Nabors Industries Ltd (NYSE:NBR) trade information
Nabors Industries Ltd (NBR) registered a -2.27% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.27% in intraday trading to $25.81, hitting a weekly high. The stock’s 5-day price performance is 1.18%, and it has moved by -3.84% in 30 days. Based on these gigs, the overall price performance for the year is -66.26%.
The consensus price target of analysts on Wall Street is $75, which implies an increase of 65.59% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $75 and $75 respectively. As a result, NBR is trading at a discount of -190.59% off the target high and -190.59% off the low.
Nabors Industries Ltd (NBR) estimates and forecasts
In the rating firms’ projections, revenue will increase 13.13% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 857.98M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 860.25M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 734.8M and 731.8M respectively. In this case, analysts expect current quarter sales to grow by 16.76% and then jump by 17.55% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 26.66%. While earnings are projected to return 95.84% in 2025.
NBR Dividends
Nabors Industries Ltd is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 0.77 million shares, is of VANGUARD GROUP INC’s that is approximately 8.3964% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $55.01 million.
Also, the Mutual Funds coming in first place with the largest holdings of Nabors Industries Ltd (NBR) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and American Century ETF Trust-Avantis U.S. Small Cap Value ETF . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 286.86 shares. This amounts to just over 1.83 percent of the company’s overall shares, with a $7.4 million market value. The same data shows that the other fund manager holds slightly less at 256.6, or about 1.63% of the stock, which is worth about $6.62 million.
