Helmerich & Payne, Inc. to Post FY2025 Earnings of $2.96 Per Share, Zacks Research Forecasts (NYSE:HP)

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Investment analysts at Zacks Research increased their FY2025 earnings estimates for Helmerich & Payne in a report issued on Monday, September 30th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will earn $2.96 per share for the year, up from their prior estimate of $2.90. The consensus estimate for Helmerich & Payne's current full-year earnings is $3.48 per share. Zacks Research also issued estimates for Helmerich & Payne's Q1 2026 earnings at $0.80 EPS.

A number of other brokerages have also issued reports on HP. Benchmark restated a "hold" rating on shares of Helmerich & Payne in a research report on Monday, August 5th. Piper Sandler lowered their target price on shares of Helmerich & Payne from $39.00 to $36.00 and set a "neutral" rating on the stock in a research report on Monday, July 15th. Citigroup lowered their target price on shares of Helmerich & Payne from $41.00 to $33.00 and set a "neutral" rating on the stock in a research report on Friday, September 13th. Royal Bank of Canada raised their target price on shares of Helmerich & Payne from $48.00 to $50.00 and gave the stock a "sector perform" rating in a research report on Friday, July 26th. Finally, The Goldman Sachs Group decreased their price target on Helmerich & Payne from $38.00 to $34.00 and set a "sell" rating for the company in a report on Thursday, August 29th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $40.88.

Helmerich & Payne Stock Up 3.7 %

Helmerich & Payne stock traded up $1.19 during mid-day trading on Thursday, hitting $33.43. The company had a trading volume of 1,443,843 shares, compared to its average volume of 1,373,601. The company has a quick ratio of 1.87, a current ratio of 2.12 and a debt-to-equity ratio of 0.19. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 9.53, a PEG ratio of 3.62 and a beta of 1.42. The business has a fifty day moving average of $33.38 and a 200 day moving average of $36.72. Helmerich & Payne has a 1 year low of $29.46 and a 1 year high of $44.80.

Helmerich & Payne (NYSE:HP - Get Free Report) last announced its quarterly earnings results on Wednesday, July 24th. The oil and gas company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.77 by $0.15. The company had revenue of $697.70 million for the quarter, compared to analyst estimates of $670.78 million. Helmerich & Payne had a net margin of 12.72% and a return on equity of 12.39%. The firm's revenue was down 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.09 earnings per share.

Institutional Investors Weigh In On Helmerich & Payne

Several institutional investors have recently made changes to their positions in HP. Headlands Technologies LLC purchased a new stake in shares of Helmerich & Payne in the 1st quarter worth about $33,000. Hexagon Capital Partners LLC raised its stake in Helmerich & Payne by 514.4% in the 1st quarter. Hexagon Capital Partners LLC now owns 940 shares of the oil and gas company's stock valued at $40,000 after purchasing an additional 787 shares during the last quarter. Covestor Ltd raised its stake in Helmerich & Payne by 253.4% in the 1st quarter. Covestor Ltd now owns 940 shares of the oil and gas company's stock valued at $40,000 after purchasing an additional 674 shares during the last quarter. Whittier Trust Co. raised its stake in Helmerich & Payne by 94.9% in the 1st quarter. Whittier Trust Co. now owns 1,222 shares of the oil and gas company's stock valued at $51,000 after purchasing an additional 595 shares during the last quarter. Finally, Creekmur Asset Management LLC acquired a new position in Helmerich & Payne in the 4th quarter valued at about $60,000. 96.05% of the stock is currently owned by hedge funds and other institutional investors.

Helmerich & Payne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 18th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, November 18th. This represents a $1.00 annualized dividend and a dividend yield of 2.99%. Helmerich & Payne's payout ratio is currently 28.57%.

Helmerich & Payne Company Profile

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.