Q1 EPS Estimate for Helmerich & Payne Reduced by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Equities research analysts at Zacks Research decreased their Q1 2025 EPS estimates for shares of Helmerich & Payne in a research note issued on Wednesday, November 27th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will post earnings per share of $0.65 for the quarter, down from their prior forecast of $0.74. 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 Q2 2026 earnings at $0.87 EPS and FY2027 earnings at $3.62 EPS.

Several other research firms have also recently commented on HP. Citigroup lowered their target price on shares of Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, September 13th. The Goldman Sachs Group lowered their target price on shares of Helmerich & Payne from $38.00 to $34.00 and set a “sell” rating on the stock in a research note on Thursday, August 29th. Royal Bank of Canada reduced their price objective 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. Barclays reduced their price objective 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. Finally, Benchmark restated a “hold” rating on shares of Helmerich & Payne in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $38.57.

Helmerich & Payne Stock Up 0.2 %

Helmerich & Payne stock opened at $35.26 on Monday. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 10.25, a PEG ratio of 4.30 and a beta of 1.39. The company has a current ratio of 2.67, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61. The company’s 50-day moving average price is $34.20 and its two-hundred day moving average price is $34.81. Helmerich & Payne has a 52 week low of $29.46 and a 52 week high of $44.11.

Helmerich & Payne (NYSE:HP) last released its quarterly earnings data 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 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 last year, the company earned $0.69 EPS. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year.

Institutional Trading of Helmerich & Payne

Institutional investors have recently made changes to their positions in the stock. Covestor Ltd raised its position in Helmerich & Payne by 76.9% during the third quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company’s stock valued at $45,000 after acquiring an additional 643 shares in the last quarter. Blue Trust Inc. lifted its stake in Helmerich & Payne by 127.8% in the third quarter. Blue Trust Inc. now owns 1,522 shares of the oil and gas company’s stock valued at $46,000 after acquiring an additional 854 shares during the last quarter. Quarry LP acquired a new stake in Helmerich & Payne in the third quarter valued at approximately $48,000. Headlands Technologies LLC lifted its stake in Helmerich & Payne by 96.9% in the second 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 last quarter. Finally, Eastern Bank acquired a new stake in Helmerich & Payne in the third quarter valued at approximately $61,000. 96.05% of the stock is currently owned by institutional investors and hedge funds.

Helmerich & Payne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend was Monday, November 18th. Helmerich & Payne’s payout ratio is 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.