On 2015-11-02, Diamond Offshore Drilling, Inc. (NYSE:DO) confirmed the dividend disbursement of $0.125 a share to shareholders as on record 2015-11-13. The firm will release dividend on 2015-12-01 while ex-dividend date is reported to be 2015-11-10.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Diamond Offshore Drilling, Inc. (NYSE:DO) paid a total of $0.125 per share in dividends. This figure stood at $0.125 a share in the same period a year ago indicating a deviation of -85.7143%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $21.106 on the stock. This figure is the average of recommendations offered by 16 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $33 and $15, respectively.
Taking the mathematical rating formula, the price for Diamond Offshore Drilling, Inc. (NYSE:DO) stands at 3.43. Earnings Review Diamond Offshore Drilling, Inc. (NYSE:DO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $0.14.
Coming to the quarter ending on 2015-12-31, Diamond Offshore Drilling, Inc. (NYSE:DO) recorded EPS of $0.16. The reported numbers came lower than the analysts’ estimates of $-0.02, demonstrating a miss of $0.18 as against reported figures.
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