Noble Corp Plc (NYSE: NE) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Noble Corp Plc is listed on the NYSE in the Energy sector while operating in the Oil & Gas Drilling industry. The current market capitalization of Noble Corp Plc is $5.31B. A total of 1.61 million shares were traded on the day, compared to an average of 1.95M shares.

In the most recent transaction, Kawaja Joey M sold 30,000 shares of NE for 35.76 per share on Nov 11 ’24. After the transaction, the SVP, Operations now owns 83,208 company shares. In a previous transaction on Nov 11 ’24, Denton Blake sold 30,000 shares at 35.72 per share. NE shares that SVP, Marketing & Contracts owns now total 83,208.

Among the insiders who bought shares, Denton Blake acquired of 30,000 shares on Nov 11 ’24 at a per-share price of $35.00. In another insider transaction, APMH Invest A/S bought 360,000 shares at $35.50 per share on Nov 11 ’24. Company shares held by the 10% Owner now total 31,050,703.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Noble Corp Plc pays an annual dividend of $1.80, resulting in a dividend yield of 5.44%, and it has a price to earnings (P/E) ratio of 9.69. NE’s most recent ex-dividend date was 5.65% when it declared a $0.50 quarterly dividend that was paid in cash on 12/5/2024. Previously, the company paid the dividend on 9/12/2024 with an ex-dividend date of 4.43%. The NE stock dividend was $0.50 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, NE has a high of $52.15 and a low of $28.40.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. NE’s latest balance sheet shows that the firm has $194.14M in Cash & Short Term Investments as of fiscal 2021. There were $216.00M in debt and $248.39M in liabilities at the time. Its Book Value Per Share was $29.22, while its Total Shareholder’s Equity was $1.50B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NE is Buy with a score of 4.45.

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