Q2 2026 EPS Estimates for Nabors Industries Ltd. (NYSE:NBR) Decreased by Zacks Research

Nabors Industries Ltd. (NYSE:NBR) – Equities researchers at Zacks Research lowered their Q2 2026 EPS estimates for Nabors Industries in a report issued on Monday, September 23rd. Zacks Research analyst R. Department now forecasts that the oil and gas company will earn $2.44 per share for the quarter, down from their prior estimate of $2.58. The consensus estimate for Nabors Industries’ current full-year earnings is ($11.98) per share.

Other research analysts also recently issued reports about the company. Citigroup downgraded Nabors Industries from a “buy” rating to a “neutral” rating and cut their price objective for the company from $110.00 to $75.00 in a research note on Friday, September 13th. Royal Bank of Canada restated a “sector perform” rating and issued a $114.00 price objective on shares of Nabors Industries in a research note on Thursday, July 25th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Nabors Industries has an average rating of “Hold” and a consensus price target of $104.50.

Nabors Industries Trading Up 4.7 %

Nabors Industries stock opened at $70.49 on Tuesday. Nabors Industries has a one year low of $59.90 and a one year high of $129.85. The company’s fifty day moving average price is $79.26 and its two-hundred day moving average price is $77.33. The company has a debt-to-equity ratio of 5.01, a current ratio of 1.82 and a quick ratio of 1.57. The company has a market capitalization of $754.38 million, a price-to-earnings ratio of -5.10 and a beta of 2.12.

Nabors Industries (NYSE:NBR) last posted its earnings results on Tuesday, July 23rd. The oil and gas company reported ($4.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.77) by ($2.52). The business had revenue of $742.98 million during the quarter, compared to analyst estimates of $737.91 million. Nabors Industries had a negative net margin of 4.73% and a negative return on equity of 28.10%. Nabors Industries’s revenue was down 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($2.26) earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NBR. Charles Schwab Investment Management Inc. raised its holdings in Nabors Industries by 8.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 181,613 shares of the oil and gas company’s stock valued at $14,825,000 after acquiring an additional 13,980 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Nabors Industries by 4.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 295,256 shares of the oil and gas company’s stock worth $24,102,000 after buying an additional 13,324 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Nabors Industries by 202.4% in the 4th quarter. Quadrant Capital Group LLC now owns 750 shares of the oil and gas company’s stock valued at $61,000 after buying an additional 502 shares during the period. Trexquant Investment LP lifted its holdings in shares of Nabors Industries by 280.7% during the 4th quarter. Trexquant Investment LP now owns 14,087 shares of the oil and gas company’s stock worth $1,150,000 after acquiring an additional 10,387 shares during the period. Finally, Contrarius Investment Management Ltd boosted its position in shares of Nabors Industries by 23.5% during the 4th quarter. Contrarius Investment Management Ltd now owns 140,626 shares of the oil and gas company’s stock valued at $11,479,000 after acquiring an additional 26,730 shares in the last quarter. Institutional investors and hedge funds own 81.92% of the company’s stock.

Nabors Industries Company Profile

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.