Q1 EPS Estimates for Helmerich & Payne Cut by Zacks Research

Helmerich & Payne, Inc. (NYSE:HP) – Stock analysts at Zacks Research reduced their Q1 2025 earnings estimates for Helmerich & Payne in a research note issued on Thursday, December 19th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will earn $0.63 per share for the quarter, down from their previous estimate of $0.65. 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 2025 earnings at $0.68 EPS, Q3 2025 earnings at $0.70 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $2.80 EPS, Q1 2026 earnings at $0.75 EPS, Q4 2026 earnings at $0.88 EPS, FY2026 earnings at $3.41 EPS and FY2027 earnings at $3.69 EPS.

Other analysts also recently issued reports about the company. Barclays cut their target price on 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. Royal Bank of Canada cut 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. The Goldman Sachs Group decreased their target price on shares of Helmerich & Payne from $38.00 to $34.00 and set a “sell” rating on the stock in a report on Thursday, August 29th. Benchmark reaffirmed a “hold” rating on shares of Helmerich & Payne in a report on Thursday, November 21st. Finally, Citigroup reduced their price target on shares of Helmerich & Payne from $41.00 to $33.00 and set a “neutral” rating on the stock in a research report on Friday, September 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $38.57.

Helmerich & Payne Trading Up 0.2 %

Shares of NYSE:HP opened at $30.50 on Monday. The business’s 50 day simple moving average is $34.27 and its 200 day simple moving average is $34.42. Helmerich & Payne has a 1 year low of $29.46 and a 1 year high of $44.11. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.67 and a quick ratio of 2.40. The company has a market capitalization of $3.01 billion, a P/E ratio of 8.87, a P/E/G ratio of 4.21 and a beta of 1.39.

Helmerich & Payne (NYSE:HP) last announced its earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 earnings per share (EPS) 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 firm had revenue of $693.79 million for the quarter, compared to analyst estimates of $695.99 million. During the same quarter in the prior year, the business posted $0.69 EPS. The business’s revenue was up 5.2% compared to the same quarter last year.

Helmerich & Payne Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a $0.25 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.00 dividend on an annualized basis and a yield of 3.28%. Helmerich & Payne’s dividend payout ratio is currently 29.07%.

Institutional Investors Weigh In On Helmerich & Payne

Hedge funds have recently modified their holdings of the company. Covestor Ltd increased its holdings in Helmerich & Payne by 76.9% in the 3rd quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company’s stock worth $45,000 after purchasing an additional 643 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Helmerich & Payne by 127.8% during the third quarter. Blue Trust Inc. now owns 1,522 shares of the oil and gas company’s stock worth $46,000 after purchasing an additional 854 shares during the last quarter. Quarry LP acquired a new position in shares of Helmerich & Payne in the third quarter valued at approximately $48,000. Headlands Technologies LLC increased its stake in shares of 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 buying an additional 757 shares during the period. Finally, Eastern Bank bought a new position in Helmerich & Payne in the 3rd quarter valued at approximately $61,000. Institutional investors and hedge funds 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.