Zacks Research Expects Weaker Earnings for Helmerich & Payne

Helmerich & Payne, Inc. (NYSE:HP) – Zacks Research reduced their Q1 2025 EPS estimates for Helmerich & Payne in a research report issued to clients and investors on Wednesday, November 27th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas company will earn $0.65 per share for the quarter, down from their previous estimate of $0.74. The consensus estimate for Helmerich & Payne’s current full-year earnings is $3.21 per share. Zacks Research also issued estimates for Helmerich & Payne’s Q2 2026 earnings at $0.87 EPS and FY2027 earnings at $3.62 EPS.

Several other research firms have also commented on HP. Citigroup decreased their price objective 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. Barclays cut their target price on shares of 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. The Goldman Sachs Group lowered their price target on shares of Helmerich & Payne from $38.00 to $34.00 and set a “sell” rating on the stock in a research report on Thursday, August 29th. Benchmark restated a “hold” rating on shares of Helmerich & Payne in a research report on Thursday, November 21st. Finally, Royal Bank of Canada lowered 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $38.57.

Helmerich & Payne Stock Down 0.7 %

HP opened at $34.63 on Monday. 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 company has a market cap of $3.42 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 4.12 and a beta of 1.40. Helmerich & Payne has a one year low of $29.46 and a one year high of $44.11. The business’s fifty day moving average is $34.16 and its two-hundred day moving average is $34.86.

Helmerich & Payne (NYSE:HP) last released its quarterly earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.76. Helmerich & Payne had a return on equity of 12.44% and a net margin of 12.48%. 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 EPS. The company’s revenue was up 5.2% compared to the same quarter last year.

Institutional Investors Weigh In On Helmerich & Payne

Several hedge funds have recently made changes to their positions in the business. Arizona State Retirement System lifted its position in Helmerich & Payne by 1.3% during 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 buying an additional 342 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in shares of Helmerich & Payne by 2.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 22,002 shares of the oil and gas company’s stock valued at $795,000 after acquiring an additional 513 shares during the last quarter. KBC Group NV lifted its holdings 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 period. Covestor Ltd boosted its position 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 last quarter. Finally, Franklin Resources Inc. grew its holdings in Helmerich & Payne by 0.4% in the third quarter. Franklin Resources Inc. now owns 157,568 shares of the oil and gas company’s stock valued at $4,793,000 after purchasing an additional 666 shares during the period. Institutional investors and hedge funds own 96.05% of the company’s stock.

Helmerich & Payne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a yield of 2.89%. Helmerich & Payne’s dividend payout ratio (DPR) is currently 29.07%.

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.