On 2016-08-01, Nabors Industries Ltd. (NYSE:NBR) confirmed the dividend disbursement of $0.06 a share to shareholders as on record 2016-09-13. The firm will release dividend on 2016-10-04 while ex-dividend date is reported to be 2016-09-09.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Nabors Industries Ltd. (NYSE:NBR) paid a total of $0.06 per share in dividends. This figure stood at $0.06 a share in the same period a year ago indicating a deviation of 20%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $12.66 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $19 and $8, respectively.
Taking the mathematical rating formula, the price for Nabors Industries Ltd. (NYSE:NBR) stands at 1.67. Earnings Review Nabors Industries Ltd. (NYSE:NBR) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $-0.36.
Coming to the quarter ending on 2015-12-31, Nabors Industries Ltd. (NYSE:NBR) recorded EPS of $-0.26. The reported numbers came lower than the analysts’ estimates of $-0.43, demonstrating a miss of $0.17 as against reported figures.
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