Q1 Earnings Forecast for HP Issued By Capital One Financial

Helmerich & Payne, Inc. (NYSE:HP) – Capital One Financial decreased their Q1 2025 earnings per share estimates for Helmerich & Payne in a report released on Monday, November 18th. Capital One Financial analyst D. Becker now forecasts that the oil and gas company will post earnings per share of $0.80 for the quarter, down from their previous estimate of $0.97. The consensus estimate for Helmerich & Payne’s current full-year earnings is $3.57 per share.

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

HP has been the topic of a number of other reports. The Goldman Sachs Group cut their price objective on 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 cut their price target on shares of Helmerich & Payne from $44.00 to $41.00 and set a “sector perform” rating on the stock in a research report on Friday. Benchmark reissued a “hold” rating on shares of Helmerich & Payne in a research report on Monday, August 5th. Barclays dropped their price objective on Helmerich & Payne from $42.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 16th. Finally, Citigroup decreased their target price on Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday, September 13th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Helmerich & Payne presently has an average rating of “Hold” and an average target price of $39.00.

Helmerich & Payne Stock Performance

Shares of Helmerich & Payne stock opened at $33.62 on Tuesday. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 9.77, a P/E/G ratio of 3.62 and a beta of 1.40. 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. The company’s fifty day moving average is $33.53 and its 200 day moving average is $35.09.

Helmerich & Payne Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 18th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date is Monday, November 18th. Helmerich & Payne’s dividend payout ratio is 29.07%.

Institutional Trading of Helmerich & Payne

Institutional investors and hedge funds have recently made changes to their positions in the company. Covestor Ltd grew its position in Helmerich & Payne by 253.4% in the 1st quarter. Covestor Ltd now owns 940 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 674 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of 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 in the last quarter. Quarry LP purchased a new stake in shares of Helmerich & Payne during the third quarter valued at approximately $48,000. Headlands Technologies LLC lifted its holdings in Helmerich & Payne by 96.9% during the second quarter. Headlands Technologies LLC now owns 1,538 shares of the oil and gas company’s stock worth $56,000 after acquiring an additional 757 shares during the period. Finally, Eastern Bank purchased a new position in Helmerich & Payne in the third quarter worth $61,000. Hedge funds and other institutional investors own 96.05% of the company’s stock.

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.