Zacks Research Expects Weaker Earnings for Nabors Industries

Nabors Industries Ltd. (NYSE:NBR) – Zacks Research dropped their FY2025 earnings estimates for Nabors Industries in a research report issued to clients and investors on Tuesday, November 11th. Zacks Research analyst Team now expects that the oil and gas company will post earnings of ($16.12) per share for the year, down from their prior estimate of ($14.67). The consensus estimate for Nabors Industries’ current full-year earnings is ($6.22) per share. Zacks Research also issued estimates for Nabors Industries’ Q4 2025 earnings at ($2.24) EPS, Q1 2026 earnings at ($2.21) EPS, Q2 2026 earnings at ($1.81) EPS, Q3 2026 earnings at ($1.78) EPS, Q4 2026 earnings at ($2.24) EPS, FY2026 earnings at ($8.05) EPS, Q1 2027 earnings at ($0.82) EPS, Q2 2027 earnings at ($1.43) EPS, Q3 2027 earnings at ($0.82) EPS and FY2027 earnings at ($3.89) EPS.

Nabors Industries (NYSE:NBR) last issued its quarterly earnings results on Tuesday, October 28th. The oil and gas company reported ($3.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.37) by ($1.30). The company had revenue of $818.19 million for the quarter, compared to analyst estimates of $824.61 million. Nabors Industries had a negative return on equity of 30.85% and a net margin of 7.08%.The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($6.86) EPS.

Several other equities research analysts have also recently weighed in on the stock. Citigroup reaffirmed a “neutral” rating and set a $58.00 price objective (up previously from $38.00) on shares of Nabors Industries in a research report on Monday, November 3rd. Royal Bank Of Canada set a $66.00 target price on shares of Nabors Industries and gave the company a “sector perform” rating in a research report on Thursday, October 30th. Piper Sandler reiterated an “underweight” rating and set a $32.00 price target (up previously from $30.00) on shares of Nabors Industries in a research report on Thursday, August 14th. Susquehanna reissued a “neutral” rating and issued a $56.00 price objective on shares of Nabors Industries in a research note on Thursday, October 30th. Finally, Wall Street Zen upgraded Nabors Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Nabors Industries currently has a consensus rating of “Reduce” and a consensus price target of $48.14.

Nabors Industries Stock Performance

NBR opened at $48.37 on Thursday. The company has a debt-to-equity ratio of 2.50, a quick ratio of 1.63 and a current ratio of 2.09. Nabors Industries has a 52-week low of $23.27 and a 52-week high of $80.24. The firm has a market cap of $704.33 million, a P/E ratio of 5.01 and a beta of 1.54. The business’s fifty day moving average is $43.56 and its 200-day moving average is $35.70.

Insiders Place Their Bets

In other Nabors Industries news, major shareholder Varde Partners Inc sold 312,378 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $41.04, for a total value of $12,819,993.12. Following the completion of the transaction, the insider owned 1,406,052 shares of the company’s stock, valued at $57,704,374.08. This represents a 18.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.41% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC boosted its position in Nabors Industries by 244.6% during the 3rd quarter. CWM LLC now owns 889 shares of the oil and gas company’s stock worth $36,000 after buying an additional 631 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Nabors Industries by 3,866.7% during the first quarter. Russell Investments Group Ltd. now owns 1,309 shares of the oil and gas company’s stock valued at $55,000 after acquiring an additional 1,276 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in shares of Nabors Industries by 58.5% during the second quarter. Ameritas Investment Partners Inc. now owns 1,444 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 533 shares during the period. State of Wyoming grew its stake in shares of Nabors Industries by 20.5% in the first quarter. State of Wyoming now owns 2,941 shares of the oil and gas company’s stock worth $123,000 after purchasing an additional 500 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in Nabors Industries by 47.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 3,231 shares of the oil and gas company’s stock valued at $91,000 after purchasing an additional 1,044 shares during the period. Institutional investors and hedge funds own 81.92% of the company’s stock.

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.