What is Capital One Financial's Forecast for HP Q1 Earnings?

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Capital One Financial lowered their Q1 2025 EPS estimates for shares of Helmerich & Payne in a report issued on Monday, November 18th. Capital One Financial analyst D. Becker now anticipates that the oil and gas company will post earnings per share of $0.80 for the quarter, down from their previous forecast of $0.97. The consensus estimate for Helmerich & Payne's current full-year earnings is $3.57 per share.

Helmerich & Payne (NYSE:HP - Get Free Report) last released its earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. The firm had revenue of $693.79 million during the quarter, compared to analysts' expectations of $695.99 million. Helmerich & Payne had a net margin of 12.48% and a return on equity of 12.44%. Helmerich & Payne's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 EPS.

Several other brokerages have also commented on HP. Benchmark reaffirmed a "hold" rating on shares of Helmerich & Payne in a research report on Monday, August 5th. Citigroup reduced their target price on Helmerich & Payne from $41.00 to $33.00 and set a "neutral" rating on the stock in a report on Friday, September 13th. Evercore ISI raised Helmerich & Payne to a "strong-buy" rating in a research note on Friday, July 26th. 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 research report on Thursday, August 29th. Finally, Royal Bank of Canada reduced their price target on shares of Helmerich & Payne from $44.00 to $41.00 and set a "sector perform" rating on the stock in a research report on Friday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $39.00.

Helmerich & Payne Trading Down 0.7 %

Shares of NYSE HP traded down $0.24 on Tuesday, reaching $33.40. 1,052,977 shares of the company traded hands, compared to its average volume of 1,384,609. The company has a 50 day moving average of $33.60 and a 200 day moving average of $35.05. The company has a current ratio of 2.67, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61. Helmerich & Payne has a fifty-two week low of $29.46 and a fifty-two week high of $44.11. The stock has a market capitalization of $3.30 billion, a PE ratio of 9.71, a P/E/G ratio of 3.62 and a beta of 1.40.

Helmerich & Payne Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.99%. The ex-dividend date is Monday, November 18th. Helmerich & Payne's dividend payout ratio (DPR) is 29.07%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Covestor Ltd raised its stake in Helmerich & Payne by 253.4% during the first quarter. Covestor Ltd now owns 940 shares of the oil and gas company's stock worth $40,000 after acquiring an additional 674 shares during the period. Blue Trust Inc. lifted its stake in shares of Helmerich & Payne by 127.8% in the 3rd quarter. Blue Trust Inc. now owns 1,522 shares of the oil and gas company's stock worth $46,000 after acquiring an additional 854 shares during the period. Quarry LP bought a new stake in Helmerich & Payne during the third quarter worth approximately $48,000. Headlands Technologies LLC lifted its position in Helmerich & Payne by 96.9% in the second quarter. Headlands Technologies LLC now owns 1,538 shares of the oil and gas company's stock worth $56,000 after purchasing an additional 757 shares during the period. Finally, Eastern Bank bought a new position in Helmerich & Payne during the 3rd quarter valued at $61,000. Institutional investors and hedge funds own 96.05% of the company's stock.

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.