Noble (NE) Expected to Post Earnings on Monday

Noble (NYSE:NEGet Free Report) is anticipated to post its Q2 2026 results after the market closes on Monday, July 27th. Analysts expect the company to post earnings of $0.18 per share and revenue of $703.2770 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 9:00 AM ET.

Noble (NYSE:NEGet Free Report) last released its earnings results on Monday, April 27th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.21 by $0.05. The company had revenue of $785.69 million during the quarter, compared to analysts’ expectations of $730.47 million. Noble had a return on equity of 2.32% and a net margin of 7.17%.The business’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same period last year, the firm earned $0.26 EPS. On average, analysts expect Noble to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Noble Trading Up 0.0%

NE stock opened at $41.51 on Monday. The company has a quick ratio of 1.99, a current ratio of 1.99 and a debt-to-equity ratio of 0.42. Noble has a twelve month low of $25.24 and a twelve month high of $54.98. The company has a market cap of $6.62 billion, a P/E ratio of 29.03 and a beta of 0.92. The business has a fifty day moving average of $44.77 and a 200-day moving average of $43.49.

Noble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 4th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Thursday, June 4th. Noble’s dividend payout ratio (DPR) is presently 139.86%.

Wall Street Analyst Weigh In

NE has been the subject of several recent research reports. Citigroup dropped their price objective on Noble from $52.00 to $45.00 and set a “neutral” rating for the company in a report on Tuesday, June 30th. Zacks Research raised shares of Noble from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 19th. Weiss Ratings cut shares of Noble from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 29th. Barclays dropped their price target on shares of Noble from $56.00 to $55.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Evercore set a $59.00 price objective on shares of Noble in a report on Monday, April 27th. Two research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Noble currently has a consensus rating of “Hold” and a consensus price target of $43.12.

Check Out Our Latest Stock Report on NE

Insider Buying and Selling at Noble

In related news, Director Al J. Hirshberg sold 5,000 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $52.62, for a total transaction of $263,100.00. Following the completion of the sale, the director directly owned 27,803 shares of the company’s stock, valued at approximately $1,462,993.86. This represents a 15.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert W. Eifler sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $45.51, for a total transaction of $2,275,500.00. Following the sale, the chief executive officer owned 1,193,828 shares in the company, valued at $54,331,112.28. This trade represents a 4.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 143,550 shares of company stock worth $6,985,436 over the last three months. Company insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Noble by 819.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,601 shares of the company’s stock valued at $69,000 after buying an additional 2,318 shares during the period. Strs Ohio acquired a new stake in shares of Noble during the first quarter worth $142,000. Captrust Financial Advisors acquired a new stake in shares of Noble during the second quarter worth $359,000. State of Tennessee Department of Treasury acquired a new stake in shares of Noble during the fourth quarter worth $1,109,000. Finally, Natixis Advisors LLC bought a new stake in Noble in the 3rd quarter valued at $3,935,000. Institutional investors own 68.14% of the company’s stock.

About Noble

(Get Free Report)

Noble (NYSE: NE) is an offshore drilling company that provides drilling services to the global oil and gas industry. The firm operates a fleet of mobile offshore drilling units and delivers contract drilling solutions for exploration and production activities. Its core business centers on executing drilling programs for upstream energy companies across a range of water depths and operating environments.

Products and services include the operation and management of offshore drilling rigs — such as drillships, semisubmersibles and jackups — along with associated technical, engineering and project management services.

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Earnings History for Noble (NYSE:NE)

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