Analyst Downgrades – Nabors Industries (NYSE:NBR) Stock Gets Downgraded By JPMorgan Chase & Co. from Overweight to Neutral

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Analyst Ratings For Nabors Industries (NYSE:NBR)

Today, Nabors Industries (NYSE:NBR) stock was downgraded by JPMorgan Chase & Co. from Overweight to Neutral with a price target of $9.00.

Some recent analyst ratings include

  • 1/17/2018-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Overweight ” rating to a ” Neutral” rating. They now have a $9.00 price target on the stock.
  • 1/9/2018-Stephens initiated coverage with a Equal rating.
  • 11/8/2017-Jefferies Group Upgrade from a “Hold ” rating to a ” Buy” rating.

Dividend information for Nabors Industries (NYSE:NBR)

Nabors Industries (NYSE:NBR) pays an annual dividend of $0.24 with a yield of 2.90% and an average dividend growth of 6.30% based on a 3 Year Average..

Dividend History for Nabors Industries (NYSE:NBR)

  • On 10/28/2017 Nabors Industries announced a Quarterly dividend of $0.06 4.07% with an ex dividend date of 12/12/2017 which will be payable on 1/3/2018.
  • On 8/2/2017 Nabors Industries announced a Quarterly dividend of $0.06 3.68% with an ex dividend date of 9/11/2017 which will be payable on 10/3/2017.
  • On 4/26/2017 Nabors Industries announced a Quarterly dividend of $0.06 2.82% with an ex dividend date of 6/12/2017 which will be payable on 7/5/2017.
  • On 2/23/2017 Nabors Industries announced a Quarterly dividend of $0.06 1.64% with an ex dividend date of 3/10/2017 which will be payable on 4/4/2017.
  • On 10/28/2016 Nabors Industries announced a dividend of $0.06 with an ex dividend date of 12/12/2016 which will be payable on 1/17/2017.
  • On 11/1/2016 Nabors Industries announced a quarterly dividend of $0.06 2.03% with an ex dividend date of 12/12/2016 which will be payable on 1/4/2017.
  • On 8/2/2016 Nabors Industries announced a quarterly dividend of $0.06 2.76% with an ex dividend date of 9/9/2016 which will be payable on 10/4/2016.

Recent Insider Trading Activity For Nabors Industries (NYSE:NBR)
Nabors Industries (NYSE:NBR) has insider ownership of 4.10% and institutional ownership of 87.79%.

  • On 9/27/2017 Martin Walter, Insider, bought 7,000 with an average share price of $0.28 per share and the total transaction amounting to $1,960.00.
  • On 9/26/2017 Martin Walter, Insider, bought 10,500 with an average share price of $0.24 per share and the total transaction amounting to $2,520.00.
  • On 5/30/2017 William J Restrepo, CFO, bought 22,000 with an average share price of $8.25 per share and the total transaction amounting to $181,500.00.
  • On 5/4/2017 William J Restrepo, CFO, bought 22,000 with an average share price of $9.43 per share and the total transaction amounting to $207,460.00.
  • On 4/28/2016 Howard Wolf, Director, bought 15,000 with an average share price of $9.78 per share and the total transaction amounting to $146,700.00.
  • On 7/26/2013 John P Kotts, Director, bought 120,000 with an average share price of $14.95 per share and the total transaction amounting to $1,794,000.00.
  • On 7/25/2013 Howard Wolf, Director, bought 11,000 with an average share price of $14.90 per share and the total transaction amounting to $163,900.00.

Recent Trading Activity for Nabors Industries (NYSE:NBR)
Shares of Nabors Industries closed the previous trading session at 8.28 up +0.05 0.61% with 7800945 shares trading hands.