Zacks Research Analysts Decrease Earnings Estimates for HP

Helmerich & Payne, Inc. (NYSE:HP) – Zacks Research decreased their Q1 2026 earnings estimates for Helmerich & Payne in a research note issued to investors on Thursday, December 26th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas company will earn $0.74 per share for the quarter, down from their previous 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.

Other analysts also recently issued reports about the stock. Benchmark reiterated a “hold” rating on shares of Helmerich & Payne in a research report on Thursday, November 21st. Royal Bank of Canada cut their target price on shares of Helmerich & Payne from $44.00 to $41.00 and set a “sector perform” rating on the stock in a report on Friday, November 15th. Citigroup decreased their price target on shares of Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating for the company in a report on Friday, September 13th. Finally, Barclays dropped their price objective on Helmerich & Payne from $39.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $38.57.

Helmerich & Payne Price Performance

Shares of HP opened at $32.02 on Monday. The stock has a market cap of $3.16 billion, a P/E ratio of 9.31, a price-to-earnings-growth ratio of 4.10 and a beta of 1.39. Helmerich & Payne has a 1 year low of $29.46 and a 1 year high of $44.11. The stock’s 50-day moving average price is $33.79 and its two-hundred day moving average price is $34.24. The company has a current ratio of 2.67, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61.

Helmerich & Payne (NYSE:HP) last posted its quarterly earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. The business had revenue of $693.79 million for the quarter, compared to analyst estimates of $695.99 million. Helmerich & Payne had a return on equity of 12.44% and a net margin of 12.48%. The firm’s revenue was up 5.2% on a year-over-year basis. During the same period last year, the company earned $0.69 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HP. State of New Jersey Common Pension Fund D boosted its holdings in Helmerich & Payne by 18.1% during the third quarter. State of New Jersey Common Pension Fund D now owns 58,634 shares of the oil and gas company’s stock worth $1,784,000 after purchasing an additional 9,004 shares during the last quarter. Petrus Trust Company LTA acquired a new position in shares of Helmerich & Payne during the 3rd quarter worth about $619,000. William B. Walkup & Associates Inc. bought a new position in shares of Helmerich & Payne in the 2nd quarter valued at about $1,274,000. FMR LLC grew its holdings in shares of Helmerich & Payne by 510.7% in the 3rd quarter. FMR LLC now owns 140,655 shares of the oil and gas company’s stock valued at $4,279,000 after acquiring an additional 117,624 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Helmerich & Payne by 320.2% in the third quarter. Barclays PLC now owns 198,415 shares of the oil and gas company’s stock valued at $6,035,000 after acquiring an additional 151,196 shares during the last quarter. 96.05% of the stock is owned by institutional investors and hedge funds.

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 paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date is Friday, February 14th. Helmerich & Payne’s payout ratio is presently 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.