Q1 EPS Estimate for Helmerich & Payne Decreased by Analyst

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

HP has been the topic of a number of other reports. Benchmark reissued a “hold” rating on shares of Helmerich & Payne in a research report on Thursday, November 21st. Royal Bank of Canada dropped their price objective on Helmerich & Payne from $44.00 to $41.00 and set a “sector perform” rating for the company in a report on Friday, November 15th. Citigroup reduced their target price on Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, September 13th. Finally, Barclays lowered 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 note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Helmerich & Payne presently has a consensus rating of “Hold” and an average target price of $38.57.

Check Out Our Latest Analysis on Helmerich & Payne

Helmerich & Payne Trading Up 2.1 %

HP stock opened at $31.40 on Monday. The firm’s fifty day simple moving average is $33.86 and its two-hundred day simple moving average is $34.26. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 9.13, a price-to-earnings-growth ratio of 4.21 and a beta of 1.39. The company has a quick ratio of 2.40, a current ratio of 2.67 and a debt-to-equity ratio of 0.61. Helmerich & Payne has a twelve month low of $29.46 and a twelve month high of $44.11.

Helmerich & Payne (NYSE:HPGet Free Report) last issued its quarterly earnings data on Wednesday, November 13th. The oil and gas company reported $0.76 EPS for the quarter, hitting 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 business’s revenue was up 5.2% on a year-over-year basis. During the same period last year, the company posted $0.69 EPS.

Hedge Funds Weigh In On Helmerich & Payne

Large investors have recently made changes to their positions in the business. Covestor Ltd increased its stake in Helmerich & Payne by 76.9% during the 3rd quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company’s stock valued at $45,000 after purchasing an additional 643 shares in the last quarter. Blue Trust Inc. lifted its position 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 acquiring an additional 854 shares during the period. Quarry LP purchased a new stake in Helmerich & Payne during the 3rd quarter valued at about $48,000. Headlands Technologies LLC lifted its stake 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 acquiring an additional 757 shares during the period. Finally, Eastern Bank purchased a new stake in Helmerich & Payne in the third quarter valued at $61,000. 96.05% of the stock is owned by institutional investors and hedge funds.

Helmerich & Payne Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given 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 is Friday, February 14th. Helmerich & Payne’s payout ratio is currently 29.07%.

Helmerich & Payne Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Helmerich & Payne (NYSE:HP)

Receive News & Ratings for Helmerich & Payne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helmerich & Payne and related companies with MarketBeat.com's FREE daily email newsletter.