Nabors Industries

Owners of Nabors Industries (NYSE: NBR) shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $16.54 as of 9:36 a.m. ET, the dividend yield is 1%.

The average volume for Nabors Industries has been 4.9 million shares per day over the past 30 days. Nabors Industries has a market cap of $4.7 billion and is part of the energy industry. Shares are up 13.4% year to date as of the close of trading on Tuesday.

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Nabors Industries Ltd., together with its subsidiaries, operates as a land drilling contractor worldwide. The company has a P/E ratio of 19.67. Currently there are 8 analysts that rate Nabors Industries a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Nabors Industries as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. You can view the full Nabors Industries Ratings Report now.

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