Noble (NE) Expected to Announce Earnings on Sunday

Noble (NYSE:NE) is expected to release its Q1 2026 results after the market closes on Sunday, April 26th. Analysts expect Noble to post earnings of $0.17 per share and revenue of $730.8030 million for the quarter. Investors may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Monday, April 27, 2026 at 9:00 AM ET.

Noble (NYSE:NE) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.06). The firm had revenue of $764.41 million during the quarter. Noble had a return on equity of 2.34% and a net margin of 6.60%.Noble’s revenue for the quarter was down 17.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.56 EPS. On average, analysts expect Noble to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Noble Stock Performance

Shares of NYSE NE opened at $48.96 on Friday. The firm has a fifty day moving average price of $47.20 and a 200-day moving average price of $36.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.67 and a quick ratio of 1.67. The stock has a market cap of $7.81 billion, a PE ratio of 36.27 and a beta of 1.00. Noble has a 1 year low of $19.86 and a 1 year high of $51.61.

Noble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, March 4th were issued a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $2.00 annualized dividend and a yield of 4.1%. Noble’s dividend payout ratio is currently 148.15%.

Insider Activity at Noble

In related news, Director Charles M. Sledge sold 2,083 shares of Noble stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $44.63, for a total transaction of $92,964.29. Following the sale, the director owned 2,084 shares of the company’s stock, valued at approximately $93,008.92. This trade represents a 49.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mikkel Ipsen sold 3,453 shares of Noble stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $43.56, for a total value of $150,412.68. Following the sale, the senior vice president directly owned 11,854 shares in the company, valued at $516,360.24. This trade represents a 22.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 328,805 shares of company stock worth $15,067,754 in the last three months. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Noble

Several institutional investors have recently added to or reduced their stakes in the company. State of Tennessee Department of Treasury purchased a new position in Noble during the 4th quarter valued at approximately $1,109,000. Sagefield Capital LP grew its holdings in Noble by 40.0% during the 4th quarter. Sagefield Capital LP now owns 182,844 shares of the company’s stock valued at $5,164,000 after buying an additional 52,261 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Noble by 2.8% during the 4th quarter. Russell Investments Group Ltd. now owns 911,491 shares of the company’s stock valued at $25,740,000 after buying an additional 24,725 shares in the last quarter. Natixis Advisors LLC purchased a new position in Noble during the 3rd quarter valued at approximately $3,935,000. Finally, Captrust Financial Advisors purchased a new position in Noble during the 2nd quarter valued at approximately $359,000. Hedge funds and other institutional investors own 68.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on NE shares. Barclays lowered Noble from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $36.00 to $41.00 in a research note on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of Noble in a research report on Monday, December 29th. BTIG Research upped their price objective on Noble from $35.00 to $42.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Zacks Research cut Noble from a “hold” rating to a “strong sell” rating in a research report on Monday. Finally, Citigroup lifted their target price on Noble from $42.00 to $50.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Noble currently has a consensus rating of “Reduce” and a consensus price target of $41.50.

Noble Company Profile

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.