Zacks Research Predicts Lower Earnings for Helmerich & Payne

Helmerich & Payne, Inc. (NYSE:HP) – Equities researchers at Zacks Research reduced their Q2 2026 earnings estimates for shares of Helmerich & Payne in a research report issued on Wednesday, February 19th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will earn $0.66 per share for the quarter, down from their prior estimate of $0.88. 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 Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $2.80 EPS, Q1 2027 earnings at $0.96 EPS and FY2027 earnings at $3.59 EPS.

Helmerich & Payne (NYSE:HP) last released its earnings results on Wednesday, February 5th. The oil and gas company reported $0.71 earnings per share for the quarter, topping 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%.

Several other research analysts also recently commented on HP. Barclays lowered their target price on Helmerich & Payne from $36.00 to $24.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 19th. Evercore ISI reissued an “in-line” rating and issued a $39.00 price objective (down previously from $48.00) on shares of Helmerich & Payne in a research note on Wednesday, January 15th. Citigroup upgraded shares of Helmerich & Payne from a “neutral” rating to a “buy” rating and raised their target price for the company from $33.00 to $40.00 in a research report on Friday, January 10th. Argus upgraded Helmerich & Payne to a “hold” rating in a research note on Tuesday, February 11th. Finally, Royal Bank of Canada cut their price objective 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. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $37.25.

Helmerich & Payne Price Performance

Shares of HP stock opened at $26.88 on Monday. The business has a fifty day simple moving average of $31.37 and a 200 day simple moving average of $32.80. The company has a market cap of $2.67 billion, a P/E ratio of 8.84, a P/E/G ratio of 3.52 and a beta of 1.37. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.60. Helmerich & Payne has a twelve month low of $25.69 and a twelve month high of $44.11.

Helmerich & Payne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend is Friday, February 14th. Helmerich & Payne’s dividend payout ratio is currently 32.89%.

Insiders Place Their Bets

In other news, CEO John W. Lindsay purchased 20,000 shares of the business’s stock in a transaction on Monday, February 10th. The shares were acquired at an average price of $27.55 per share, with a total value of $551,000.00. Following the completion of the transaction, the chief executive officer now owns 691,214 shares of the company’s stock, valued at $19,042,945.70. The trade was a 2.98 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Belgacem Chariag purchased 37,356 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were acquired at an average price of $27.08 per share, with a total value of $1,011,600.48. Following the completion of the acquisition, 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 position. The disclosure for this purchase can be found here. Company insiders own 4.51% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Investment Management LLC acquired a new stake in Helmerich & Payne during the fourth quarter worth approximately $27,000. Covestor Ltd grew its position in shares of Helmerich & Payne by 76.9% during the 3rd quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company’s stock worth $45,000 after buying an additional 643 shares during the period. Blue Trust Inc. increased its stake in shares of Helmerich & Payne by 127.8% in the 3rd 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 in the last quarter. Quarry LP acquired a new position in shares of Helmerich & Payne during the 3rd quarter valued at $48,000. Finally, Steph & Co. acquired a new position in shares of Helmerich & Payne during the 4th quarter valued at $87,000. 96.05% of the stock is owned by institutional investors and hedge funds.

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.