Helmerich & Payne, Inc. (NYSE:HP – Free Report) – Analysts at Zacks Research dropped their Q1 2025 earnings estimates for Helmerich & Payne in a report issued on Thursday, December 19th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will earn $0.63 per share for the quarter, down from their prior forecast of $0.65. The consensus estimate for Helmerich & Payne’s current full-year earnings is $3.12 per share. Zacks Research also issued estimates for Helmerich & Payne’s Q2 2025 earnings at $0.68 EPS, Q3 2025 earnings at $0.70 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $2.80 EPS, Q1 2026 earnings at $0.75 EPS, Q4 2026 earnings at $0.88 EPS, FY2026 earnings at $3.41 EPS and FY2027 earnings at $3.69 EPS.
Several other brokerages also recently weighed in on HP. The Goldman Sachs Group dropped their target price on shares of Helmerich & Payne from $38.00 to $34.00 and set a “sell” rating for the company in a report on Thursday, August 29th. Benchmark reiterated a “hold” rating on shares of Helmerich & Payne in a research report on Thursday, November 21st. Royal Bank of Canada lowered their price target on Helmerich & Payne from $44.00 to $41.00 and set a “sector perform” rating on the stock in a report on Friday, November 15th. Barclays cut their price objective on shares of Helmerich & Payne from $39.00 to $36.00 and set an “equal weight” rating for the company in a report on Wednesday, November 20th. Finally, Citigroup cut their target price on shares of Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday, September 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $38.57.
Helmerich & Payne Stock Up 0.7 %
NYSE HP opened at $30.72 on Monday. Helmerich & Payne has a 52 week low of $29.46 and a 52 week high of $44.11. The company has a quick ratio of 2.40, a current ratio of 2.67 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $3.03 billion, a P/E ratio of 8.93, a price-to-earnings-growth ratio of 4.21 and a beta of 1.39. The stock’s 50-day moving average price is $34.10 and its 200-day moving average price is $34.36.
Helmerich & Payne (NYSE:HP – Get Free Report) last released its quarterly earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. Helmerich & Payne had a net margin of 12.48% and a return on equity of 12.44%. The firm had revenue of $693.79 million during the quarter, compared to analyst estimates of $695.99 million. During the same quarter in the prior year, the firm earned $0.69 EPS. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year.
Helmerich & Payne Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Friday, February 14th. Helmerich & Payne’s payout ratio is 29.07%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Arizona State Retirement System lifted its stake in Helmerich & Payne by 1.3% in the second quarter. Arizona State Retirement System now owns 27,667 shares of the oil and gas company’s stock worth $1,000,000 after purchasing an additional 342 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Helmerich & Payne by 2.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 22,002 shares of the oil and gas company’s stock worth $795,000 after buying an additional 513 shares during the period. KBC Group NV lifted its stake in shares of Helmerich & Payne by 20.3% during the 3rd quarter. KBC Group NV now owns 3,130 shares of the oil and gas company’s stock worth $95,000 after acquiring an additional 529 shares during the last quarter. Covestor Ltd boosted its holdings in Helmerich & Payne by 76.9% during the 3rd quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company’s stock valued at $45,000 after acquiring an additional 643 shares during the period. Finally, Franklin Resources Inc. grew its position in Helmerich & Payne by 0.4% in the 3rd quarter. Franklin Resources Inc. now owns 157,568 shares of the oil and gas company’s stock valued at $4,793,000 after acquiring an additional 666 shares during the last quarter. 96.05% of the stock is owned by hedge funds and other institutional investors.
About Helmerich & Payne
Founded in 1920, Helmerich & Payne, Inc (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.
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