Borr Drilling Ltd (NYSE:BORR) has a beta value of 1.80 and has seen 1.26 million shares traded in the recent trading session. The company, currently valued at $439.13M, closed the recent trade at $1.84 per share which meant it lost -$0.04 on the day or -2.39% during that session. The BORR stock price is -285.33% off its 52-week high price of $7.09 and 15.76% above the 52-week low of $1.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.08 million shares traded. The 3-month trading volume is 5.91 million shares.
The consensus among analysts is that Borr Drilling Ltd (BORR) is Buy stock at the moment, with a recommendation rating of 1.89. 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.
Borr Drilling Ltd (NYSE:BORR) trade information
Sporting -2.39% 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 $1.84 or saw a rise of 21.7%. Year-to-date, Borr Drilling Ltd shares have moved -70.50%, while the 5-day performance has seen it change -16.21%. Over the past 30 days, the shares of Borr Drilling Ltd (NYSE:BORR) have changed 11.89%. Short interest in the company has seen 20.56 million shares shorted with days to cover at 3.69.
Wall Street analysts have a consensus price target for the stock at $9, which means that the shares’ value could jump 79.56% 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 -389.13% off the targeted high while a plunge would see the stock gain -389.13% from the levels at last check today..
Borr Drilling Ltd (BORR) estimates and forecasts
The company’s shares have lost -49.86% over the past 6 months.
Earnings growth for 2025 is a modest -53.60% while over the next 5 years, the company’s earnings are expected to decrease by -15.82%.
BORR Dividends
Borr Drilling Ltd is expected to release its next earnings report on 2025-May-21 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.14 at a share yield of 7.63%. The company’s dividend yield has gone up over the past 12 months.
Borr Drilling Ltd (NYSE:BORR)’s Major holders
Insiders own 8.11% of the company shares, while shares held by institutions stand at 75.41% with a share float percentage of 82.06%. Investors are also buoyed by the number of investors in a company, with Borr Drilling Ltd having a total of 202.0 institutions that hold shares in the company. The top two institutional holders are CAPITAL INTERNATIONAL INVESTORS with over 17.6 million shares worth more than $113.37 million. As of 2024-06-30, CAPITAL INTERNATIONAL INVESTORS held 7.0085% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 13.62 million shares as of 2024-06-30. The firm’s total holdings are worth over $87.86 million and represent 5.4226% of shares outstanding.
