Zacks Research Issues Negative Forecast for HP Earnings

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Equities research analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for Helmerich & Payne in a report released on Thursday, March 27th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will post earnings per share of $0.63 for the quarter, down from their previous forecast of $0.67. The consensus estimate for Helmerich & Payne's current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Helmerich & Payne's Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.63 EPS, FY2025 earnings at $2.57 EPS, Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at $0.69 EPS and FY2026 earnings at $2.66 EPS.

Other equities research analysts have also issued reports about the stock. Barclays cut their target price on shares of Helmerich & Payne from $36.00 to $24.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 19th. Evercore ISI restated an "in-line" rating and issued a $39.00 price objective (down previously from $48.00) on shares of Helmerich & Payne in a research report on Wednesday, January 15th. Royal Bank of Canada reduced their target price on Helmerich & Payne from $41.00 to $35.00 and set a "sector perform" rating on the stock in a report on Friday, February 7th. Citigroup raised Helmerich & Payne from a "neutral" rating to a "buy" rating and boosted their target price for the company from $33.00 to $40.00 in a research note on Friday, January 10th. Finally, Morgan Stanley restated an "underweight" rating and issued a $27.00 price target on shares of Helmerich & Payne in a report on Thursday, March 27th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $36.11.

Helmerich & Payne Trading Down 15.4 %

Shares of NYSE:HP traded down $4.13 during mid-day trading on Monday, reaching $22.66. The stock had a trading volume of 2,417,748 shares, compared to its average volume of 1,462,447. The firm has a 50 day simple moving average of $27.19 and a two-hundred day simple moving average of $31.48. Helmerich & Payne has a twelve month low of $22.56 and a twelve month high of $44.11. The firm has a market cap of $2.25 billion, a PE ratio of 7.45, a price-to-earnings-growth ratio of 3.52 and a beta of 1.43. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.60.

Helmerich & Payne (NYSE:HP - Get Free Report) last released its earnings results on Wednesday, February 5th. The oil and gas company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.02. Helmerich & Payne had a return on equity of 11.31% and a net margin of 11.02%.

Institutional Trading of Helmerich & Payne

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc increased its position in shares of Helmerich & Payne by 104.2% during the 1st quarter. Versant Capital Management Inc now owns 1,699 shares of the oil and gas company's stock worth $44,000 after purchasing an additional 867 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Helmerich & Payne in the fourth quarter valued at $248,000. Hara Capital LLC increased its holdings in Helmerich & Payne by 506.6% during the fourth quarter. Hara Capital LLC now owns 59,864 shares of the oil and gas company's stock worth $1,917,000 after buying an additional 49,995 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Helmerich & Payne during the fourth quarter worth $7,702,000. Finally, Jefferies Financial Group Inc. acquired a new stake in Helmerich & Payne in the fourth quarter valued at $211,000. Institutional investors own 96.05% of the company's stock.

Insider Buying and Selling

In other Helmerich & Payne news, Director Belgacem Chariag bought 37,356 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The stock was acquired at an average price of $27.08 per share, with a total value of $1,011,600.48. Following the completion of the transaction, the director now owns 54,606 shares in the company, valued at approximately $1,478,730.48. This trade represents a 216.56 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John W. Lindsay purchased 20,000 shares of the stock in a transaction on Monday, February 10th. The stock was acquired at an average price of $27.55 per share, for a total transaction of $551,000.00. Following the completion of the purchase, the chief executive officer now directly owns 691,214 shares in the company, valued at approximately $19,042,945.70. The trade was a 2.98 % increase in their position. The disclosure for this purchase can be found here. 4.51% of the stock is owned by corporate insiders.

Helmerich & Payne Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.00 annualized dividend and a dividend yield of 4.41%. Helmerich & Payne's dividend payout ratio is currently 32.89%.

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.