Borr Drilling Limited (NYSE:BORR) Receives $5.27 Consensus Price Target from Analysts

Shares of Borr Drilling Limited (NYSE:BORR) have earned a consensus rating of “Moderate Buy” from the five research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $5.2667.

A number of research firms have weighed in on BORR. Capital One Financial set a $6.00 price objective on Borr Drilling and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Weiss Ratings lowered Borr Drilling from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, August 12th. Zacks Research raised shares of Borr Drilling to a “hold” rating in a research report on Thursday, July 2nd. Wall Street Zen lowered shares of Borr Drilling from a “sell” rating to a “strong sell” rating in a report on Saturday, August 8th. Finally, SEB Equity Research set a $3.55 price objective on shares of Borr Drilling in a research report on Monday, August 17th.

Key Headlines Impacting Borr Drilling

Here are the key news stories impacting Borr Drilling this week:

• Positive Sentiment: Borr Drilling agreed to sell its 51% stake in Perforaciones Estratégicas e Integrales Mexicana (Perfomex) to its Mexican partner while retaining ownership of three jackup rigs. The transaction streamlines the company’s Mexico operations, reduces joint-venture complexity and may improve capital allocation, although financial terms were not disclosed. Borr Drilling to sell 51% stake in Perfomex to Mexican partner
• Positive Sentiment: The company announced new contract commitments and an operational update for the Odin jackup rig. Additional contracted work could support utilization, revenue visibility and backlog, though the available report does not provide contract values or durations. Borr Drilling Limited – Operational and Contracting Updates
• Positive Sentiment: An investment analysis maintains a Buy rating, arguing that Borr is a focused operator of modern jackups positioned to benefit from a longer-term recovery in offshore drilling demand. The article also highlights recent debt refinancing on improved terms, which could extend the company’s financial runway. Borr Drilling: Jackup Market Recovery Pure Play With Substantial Upside
• Neutral Sentiment: Borr Drilling published an investor presentation for the Pareto Securities Energy Conference. The presentation may provide updated strategic and market commentary, but no specific new financial guidance was identified in the announcement. Borr Drilling Limited – Investor Presentation
• Negative Sentiment: The anticipated jackup-market recovery has been delayed by escalating Middle East conflict, leaving timing for stronger rig demand uncertain. Borr also continues to face execution and leverage risks while operating with negative earnings. Borr Drilling divests Mexico joint venture stake

Borr Drilling Stock Performance

BORR opened at $4.23 on Monday. Borr Drilling has a twelve month low of $2.44 and a twelve month high of $6.66. The firm has a market capitalization of $1.34 billion, a PE ratio of -5.43 and a beta of 1.03. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 2.58. The firm’s 50-day moving average price is $4.28 and its 200 day moving average price is $4.96.

Borr Drilling (NYSE:BORR) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.58). The business had revenue of $232.30 million during the quarter, compared to analyst estimates of $245.96 million. Borr Drilling had a negative net margin of 23.98% and a negative return on equity of 5.95%. As a group, sell-side analysts expect that Borr Drilling will post -0.48 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jeffrey Currie purchased 125,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was acquired at an average price of $4.01 per share, with a total value of $501,250.00. Following the purchase, the director directly owned 479,423 shares in the company, valued at approximately $1,922,486.23. This represents a 35.27% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 7.90% of the stock is owned by insiders.

Institutional Trading of Borr Drilling

Several institutional investors have recently made changes to their positions in BORR. GeoSphere Capital Management LLC purchased a new position in shares of Borr Drilling during the 4th quarter worth $5,582,000. Goehring & Rozencwajg Associates LLC increased its position in shares of Borr Drilling by 30.6% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 2,119,465 shares of the company’s stock worth $12,229,000 after purchasing an additional 496,302 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Borr Drilling by 167.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,491,730 shares of the company’s stock worth $20,148,000 after purchasing an additional 2,185,639 shares during the last quarter. Empowered Funds LLC raised its holdings in Borr Drilling by 115.2% in the 1st quarter. Empowered Funds LLC now owns 1,422,598 shares of the company’s stock valued at $8,208,000 after buying an additional 761,433 shares during the period. Finally, Lazard Asset Management LLC purchased a new stake in Borr Drilling in the 1st quarter valued at about $2,160,000. Hedge funds and other institutional investors own 83.12% of the company’s stock.

Borr Drilling Company Profile

Borr Drilling Limited is an offshore drilling contractor that provides drilling services to oil and gas companies. Its principal business is the operation of a fleet of modern jack-up drilling rigs, which are designed to operate in shallow-water environments and support exploration, development and production drilling programs.

The company offers rig contracting and related offshore drilling services, including equipment, crews and operational support. Its jack-up rigs are used for projects in established and emerging offshore energy markets, with operations serving customers across regions such as the North Sea, the Middle East, Southeast Asia, West Africa and the Americas, depending on contract activity.

Borr Drilling was established in 2016 and expanded through the acquisition and integration of jack-up drilling assets from other industry participants.