Borr Drilling (NYSE:BORR – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.05), Zacks reports. Borr Drilling had a net margin of 8.15% and a return on equity of 7.69%. The business had revenue of $241.60 million during the quarter.
Borr Drilling Stock Performance
NYSE:BORR traded down $0.34 during trading hours on Thursday, reaching $4.07. The company had a trading volume of 5,418,439 shares, compared to its average volume of 2,937,401. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a 50-day moving average of $5.23 and a two-hundred day moving average of $5.89. Borr Drilling has a one year low of $4.00 and a one year high of $7.61.
Borr Drilling Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Thursday, August 22nd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $0.40 annualized dividend and a dividend yield of 9.83%. Borr Drilling’s dividend payout ratio (DPR) is presently 34.48%.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on BORR
Borr Drilling Company Profile
Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry worldwide. The company owns, contracts, and operates jack-up drilling rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production.
Featured Articles
- Five stocks we like better than Borr Drilling
- How to Use Stock Screeners to Find Stocks
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Breakout Alert: Qualcomm Just Hit The Rally Button
- NYSE Stocks Give Investors a Variety of Quality Options
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Receive News & Ratings for Borr Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Borr Drilling and related companies with MarketBeat.com's FREE daily email newsletter.