Zacks Research Issues Pessimistic Forecast for NBR Earnings

Nabors Industries Ltd. (NYSE:NBR) – Analysts at Zacks Research dropped their Q1 2025 EPS estimates for shares of Nabors Industries in a report released on Tuesday, February 25th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of ($2.53) for the quarter, down from their prior estimate of ($2.19). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q2 2025 earnings at ($2.58) EPS, Q3 2025 earnings at ($2.15) EPS, Q4 2025 earnings at ($2.71) EPS, FY2025 earnings at ($9.97) EPS, Q1 2026 earnings at ($2.50) EPS, Q2 2026 earnings at ($1.01) EPS, Q3 2026 earnings at $0.62 EPS, Q4 2026 earnings at ($0.16) EPS and FY2026 earnings at ($3.05) EPS.

Nabors Industries (NYSE:NBR) last released its quarterly earnings data on Wednesday, February 12th. The oil and gas company reported ($6.67) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.86) by ($4.81). Nabors Industries had a negative return on equity of 32.96% and a negative net margin of 5.93%.

Other equities research analysts have also recently issued research reports about the company. Barclays reduced their price objective on Nabors Industries from $90.00 to $53.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 19th. Citigroup raised their price objective on shares of Nabors Industries from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Nabors Industries currently has a consensus rating of “Hold” and a consensus price target of $79.40.

Nabors Industries Price Performance

Shares of NBR opened at $39.77 on Friday. Nabors Industries has a 1-year low of $39.74 and a 1-year high of $105.96. The company has a debt-to-equity ratio of 5.95, a current ratio of 1.75 and a quick ratio of 1.52. The stock has a market cap of $381.91 million, a PE ratio of -1.78 and a beta of 2.02. The firm has a fifty day moving average price of $56.08 and a 200 day moving average price of $67.13.

Institutional Investors Weigh In On Nabors Industries

Institutional investors have recently made changes to their positions in the stock. Miller Value Partners LLC grew its position in Nabors Industries by 99.5% during the fourth quarter. Miller Value Partners LLC now owns 281,195 shares of the oil and gas company’s stock worth $16,076,000 after buying an additional 140,230 shares during the period. Two Sigma Investments LP raised its stake in shares of Nabors Industries by 300.7% during the 4th quarter. Two Sigma Investments LP now owns 90,686 shares of the oil and gas company’s stock worth $5,185,000 after buying an additional 135,877 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in Nabors Industries in the 4th quarter valued at about $6,602,000. Millennium Management LLC increased its holdings in Nabors Industries by 669.9% during the 4th quarter. Millennium Management LLC now owns 72,792 shares of the oil and gas company’s stock valued at $4,162,000 after acquiring an additional 85,565 shares in the last quarter. Finally, Barclays PLC raised its position in Nabors Industries by 74.6% during the fourth quarter. Barclays PLC now owns 196,108 shares of the oil and gas company’s stock worth $11,211,000 after acquiring an additional 83,790 shares during the last quarter. 81.92% of the stock is currently owned by hedge funds and other institutional investors.

About Nabors Industries

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software.