Borr Drilling (BORR)
NYSE:BORR
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BORR Stock Chart & Stats
$5.57
-$0.20(-4.93%)
At close: 4:00 PM EST
$5.57
-$0.20(-4.93%)
Day’s Range― - ―
52-Week Range$1.57 - $6.66
Previous Close$3.86
Volume4.63M
Average Volume (3M)8.36M
Market Cap
$1.70B
Enterprise Value$1.33B
Total Cash (Recent Filing)$246.90M
Total Debt (Recent Filing)$2.30B
Price to Earnings (P/E)―
Beta1.14
Next Earnings
Aug 12, 2026EPS Estimate
-0.09Next Dividend Ex-DateN/A
Dividend Yield5.99%
Share Statistics
EPS (TTM)0.16
Shares Outstanding307,701,080
10 Day Avg. Volume9,280,602
30 Day Avg. Volume8,364,576
Financial Highlights & Ratios
PEG Ratio-0.48
Price to Book (P/B)0.86
Price to Sales (P/S)1.04
P/FCF Ratio8.30
Enterprise Value/Market Cap0.78
Enterprise Value/Revenue1.27
Enterprise Value/Gross Profit2.75
Enterprise Value/Ebitda3.19
Forecast
1Y Price Target
$6.17Price Target Upside10.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.09
Revenue Forecast (FY)$1.05B
Bulls Say, Bears Say
Bulls Say
High Operational Utilization & SafetyConsistently very high technical (99.4%) and economic (97%) utilization plus multi-year LTI-free records indicate durable operational reliability and safety culture. This reduces downtime, mobilization churn and incident costs, supporting steady contracted days and repeat customer wins over many quarters.
Fleet Expansion And Stronger BacklogScale increased via acquisitions to 34 rigs and YTD commitments adding roughly $274M of backlog, which broadens geographic optionality and redeployment choices. Higher booked coverage improves revenue visibility and gives the firm more leverage on dayrates and contract duration across the next several quarters.
Improved Capital Structure And LiquidityAn upsized $300M 2033 convertible issue used to retire nearer-term 2028 paper lowered coupon and extended maturities, materially improving the refinancing profile. Combined with $246M cash and $234M undrawn revolver, this reduces near-term refinancing pressure and increases flexibility for contracting and capex decisions.
Bears Say
Elevated LeverageDebt-to-equity around 1.7x–2.1x leaves the company highly levered for a cyclical jack-up driller. High leverage amplifies earnings volatility in downturns, constrains strategic flexibility for bidding and capex, and increases refinancing and covenant sensitivity if cashflows weaken in the coming quarters.
Volatile Free Cash FlowFCF has swung from deeply negative to positive and back to negative in the TTM, driven by capex, acquisitions and working capital. Persistent volatility in cash generation undermines ability to deleverage, sustain shareholder returns, or self-fund growth without recurring external financing over the next several quarters.
Timing And Geopolitical Mobilization RisksMobilization delays (Odin) caused meaningful prep costs while earning no revenue, and Middle East hostilities can slow tender activity. Such timing mismatches create idle-cost exposure, compress near-term cash conversion and make backlog realization and utilization sensitive to geopolitical and logistical disruptions over the next several months.
Borr Drilling News
BORR FAQ
What was Borr Drilling’s price range in the past 12 months?
Borr Drilling lowest stock price was $1.57 and its highest was $6.66 in the past 12 months.
What is Borr Drilling’s market cap?
Borr Drilling’s market cap is $1.70B.
When is Borr Drilling’s upcoming earnings report date?
Borr Drilling’s upcoming earnings report date is Aug 12, 2026 which is in 78 days.
How were Borr Drilling’s earnings last quarter?
Borr Drilling released its earnings results on May 21, 2026. The company reported -$0.09 earnings per share for the quarter, missing the consensus estimate of -$0.021 by -$0.069.
Is Borr Drilling overvalued?
According to Wall Street analysts Borr Drilling’s price is currently Undervalued.
Does Borr Drilling pay dividends?
Borr Drilling pays a Quarterly dividend of $0.02 which represents an annual dividend yield of 5.99%. See more information on Borr Drilling dividends here
What is Borr Drilling’s EPS estimate?
Borr Drilling’s EPS estimate is -0.09.
How many shares outstanding does Borr Drilling have?
Borr Drilling has 307,701,080 shares outstanding.
What happened to Borr Drilling’s price movement after its last earnings report?
Borr Drilling reported an EPS of -$0.09 in its last earnings report, missing expectations of -$0.021. Following the earnings report the stock price went down -8.738%.
Which hedge fund is a major shareholder of Borr Drilling?
Currently, no hedge funds are holding shares in BORR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Borr Drilling Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$6.17 (10.71% Upside)
$6.17 (10.71% Upside)
Blogger Sentiment
Bullish
BORR Sentiment 70%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $6.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 15.6%
Last 30 Days ▲ 17.7%
Last 30 Days ▲ 17.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 45%
Bearish news 45%
Technicals
SMA
Positive
20 days / 200 days
Momentum
240.74%
12-Months-Change
Fundamentals
Return on Equity
3.14%
Trailing 12-Months
Asset Growth
11.78%
Trailing 12-Months
Company Description
Borr Drilling
Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. The company serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. As of December 31, 2021, it operated a fleet of 23 jack-up drilling rigs. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.
BORR Company Deck
BORR Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a cautiously optimistic strategic outlook: operational performance and safety remain strong (very high utilization and safety milestones), the company materially expanded fleet and improved 2026 coverage, and management strengthened the capital structure (new convertible notes and liquidity). These strategic and contracting gains offset near-term financial headwinds including a Q1 revenue decline, a $29 million net loss, an $8.4 million credit loss provision, and Odin's delayed startup with additional expected prep costs. Management emphasized that sector fundamentals and demand visibility (particularly into 2027–2028) are improving but with timing uncertainty driven by geopolitical events.View all BORR earnings summariesBORR Stock 12 Month Forecast
Average Price Target
$6.17
▲(10.71% Upside)
Technical Analysis
Ownership Overview
8.63% Insiders
6.04% Mutual Funds
8.60% Other Institutional Investors
71.18% Public Companies and Individual Investors