Q1 EPS Estimates for Helmerich & Payne Cut by Zacks Research

Helmerich & Payne, Inc. (NYSE:HP) – Analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for Helmerich & Payne in a research note issued on Thursday, December 26th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will post earnings of $0.74 per share for the quarter, down from their prior 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.

Helmerich & Payne (NYSE:HP) last released its quarterly earnings data on Wednesday, November 13th. The oil and gas company reported $0.76 EPS for the quarter, meeting analysts’ consensus estimates of $0.76. The business 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%. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.69 EPS.

Several other research analysts have also recently weighed in on HP. Benchmark reiterated a “hold” rating on shares of Helmerich & Payne in a research report on Thursday, November 21st. Citigroup dropped their price objective 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. Barclays decreased their target price on shares of Helmerich & Payne from $39.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 20th. Finally, Royal Bank of Canada dropped their price target on shares of Helmerich & Payne from $44.00 to $41.00 and set a “sector perform” rating for the company in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $38.57.

Helmerich & Payne Stock Up 2.1 %

HP stock opened at $31.40 on Monday. The company has a quick ratio of 2.40, a current ratio of 2.67 and a debt-to-equity ratio of 0.61. The business has a 50 day moving average price of $33.86 and a two-hundred day moving average price of $34.26. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 9.13, a P/E/G ratio of 4.21 and a beta of 1.39. Helmerich & Payne has a twelve month low of $29.46 and a twelve month high of $44.11.

Institutional Investors Weigh In On Helmerich & Payne

Several large investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC raised its position in Helmerich & Payne by 24.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 9,222 shares of the oil and gas company’s stock worth $333,000 after purchasing an additional 1,828 shares during the period. Aptus Capital Advisors LLC grew its holdings in shares of Helmerich & Payne by 24.7% during the 2nd quarter. Aptus Capital Advisors LLC now owns 116,236 shares of the oil and gas company’s stock worth $4,201,000 after acquiring an additional 23,025 shares during the period. Cadence Wealth Management LLC bought a new position in Helmerich & Payne in the second quarter worth $303,000. Arizona State Retirement System increased its stake in shares of Helmerich & Payne by 1.3% in the 2nd quarter. Arizona State Retirement System now owns 27,667 shares of the oil and gas company’s stock worth $1,000,000 after acquiring an additional 342 shares in the last quarter. Finally, Savant Capital LLC grew its holdings in Helmerich & Payne by 24.2% in the second quarter. Savant Capital LLC now owns 23,138 shares of the oil and gas company’s stock worth $836,000 after purchasing an additional 4,506 shares during the period. Institutional investors own 96.05% of the company’s stock.

Helmerich & Payne Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Friday, February 14th. Helmerich & Payne’s payout ratio is 29.07%.

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.