Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Equities research analysts at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for shares of Helmerich & Payne in a note issued to investors on Thursday, December 26th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas company will post earnings per share of $0.74 for the quarter, down from their previous forecast of $0.75. 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 FY2027 earnings at $3.76 EPS.
A number of other brokerages have also commented on HP. Barclays decreased their target price on Helmerich & Payne from $39.00 to $36.00 and set an "equal weight" rating for the company in a research report on Wednesday, November 20th. Benchmark restated a "hold" rating on shares of Helmerich & Payne in a report on Thursday, November 21st. Royal Bank of Canada cut their target price 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. Finally, Citigroup decreased their price target 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 issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Helmerich & Payne presently has a consensus rating of "Hold" and a consensus price target of $38.57.
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Helmerich & Payne Trading Up 2.1 %
Shares of Helmerich & Payne stock traded up $0.64 on Monday, reaching $31.40. 841,534 shares of the company's stock were exchanged, compared to its average volume of 1,388,072. The company has a market capitalization of $3.10 billion, a P/E ratio of 9.13, a price-to-earnings-growth ratio of 4.21 and a beta of 1.39. Helmerich & Payne has a 52 week low of $29.46 and a 52 week high of $44.11. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.40 and a current ratio of 2.67. The firm's 50-day moving average is $33.86 and its two-hundred day moving average is $34.26.
Helmerich & Payne (NYSE:HP - Get Free Report) last issued its quarterly earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 EPS for the quarter, meeting analysts' consensus estimates of $0.76. Helmerich & Payne had a net margin of 12.48% and a return on equity of 12.44%. The business had revenue of $693.79 million for the quarter, compared to analysts' expectations of $695.99 million. During the same quarter in the prior year, the firm posted $0.69 earnings per share. The business's quarterly revenue was up 5.2% compared to the same quarter last year.
Helmerich & Payne Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.00 annualized dividend and a dividend yield of 3.18%. Helmerich & Payne's payout ratio is presently 29.07%.
Institutional Investors Weigh In On Helmerich & Payne
Several institutional investors have recently added to or reduced their stakes in the business. Covestor Ltd boosted its holdings in shares of Helmerich & Payne by 76.9% in the third quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company's stock worth $45,000 after acquiring an additional 643 shares during the period. Blue Trust Inc. lifted its holdings in Helmerich & Payne by 127.8% during the 3rd quarter. Blue Trust Inc. now owns 1,522 shares of the oil and gas company's stock worth $46,000 after purchasing an additional 854 shares in the last quarter. Quarry LP bought a new position in Helmerich & Payne in the 3rd quarter worth about $48,000. Headlands Technologies LLC grew its holdings in Helmerich & Payne by 96.9% during the 2nd quarter. Headlands Technologies LLC now owns 1,538 shares of the oil and gas company's stock valued at $56,000 after buying an additional 757 shares in the last quarter. Finally, Eastern Bank bought a new stake in shares of Helmerich & Payne during the third quarter valued at about $61,000. 96.05% of the stock is owned by hedge funds and other institutional investors.
Helmerich & Payne Company Profile
(
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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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