Hess (HES) Stock Price, News & Analysis

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last twelve months. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HES, but not buy additional shares or sell existing shares.
View HES analyst ratings or view top-rated stocks.

10 Wall Street analysts have issued 12-month price objectives for Hess' shares. Their HES share price targets range from $153.00 to $210.00. On average, they predict the company's stock price to reach $176.75 in the next year. This suggests a possible upside of 15.0% from the stock's current price.
View analysts price targets for HES or view top-rated stocks among Wall Street analysts.

Hess' stock was trading at $144.16 on January 1st, 2024. Since then, HES shares have increased by 6.6% and is now trading at $153.74.
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Hess saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,800,000 shares, an increase of 11.8% from the March 15th total of 5,190,000 shares. Based on an average daily trading volume, of 2,730,000 shares, the short-interest ratio is currently 2.1 days. Currently, 2.1% of the company's shares are short sold.
View Hess' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our HES earnings forecast.

Hess Co. (NYSE:HES) posted its earnings results on Wednesday, January, 31st. The oil and gas producer reported $1.63 EPS for the quarter, topping analysts' consensus estimates of $1.43 by $0.20. The oil and gas producer had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.76 billion. Hess had a net margin of 12.98% and a trailing twelve-month return on equity of 17.00%. The company's revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.78 EPS.

Hess announced a quarterly dividend on Wednesday, March 6th. Shareholders of record on Monday, March 18th will be given a dividend of $0.4375 per share on Thursday, March 28th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Friday, March 15th.
Read our dividend analysis for HES.

Hess (NYSE:HES) pays an annual dividend of $1.75 per share and currently has a dividend yield of 1.16%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HES will have a dividend payout ratio of 15.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HES.

ETFs with the largest weight of Hess (NYSE:HES) stock in their portfolio include IQ Merger Arbitrage ETF (MNA), AltShares Event-Driven ET (EVNT), Invesco S&P 500 Equal Weight Energy ETF (RSPG), iShares U.S. Oil & Gas Exploration & Production ETF (IEO), Invesco S&P 500 Equal Weight Energy ETF (RYE), Invesco Dorsey Wright Energy Momentum ETF (PXI), Adaptive Core ETF (RULE) and AltShares Merger Arbitrage ETF (ARB).

200 employees have rated Hess Chief Executive Officer John B. Hess on Glassdoor.com. John B. Hess has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Incyte (INCY), (MDVN) (MDVN), Precigen (PGEN), Intel (INTC), First Solar (FSLR), Walt Disney (DIS), Schlumberger (SLB) and Chevron (CVX).

Hess' stock is owned by a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.22%), Packer & Co Ltd (0.22%), Vaughan Nelson Investment Management L.P. (0.20%), Factory Mutual Insurance Co. (0.08%), Perpetual Ltd (0.06%) and Cohen Klingenstein LLC (0.04%). Insiders that own company stock include Andrew P Slentz, Barbara J Lowery-Yilmaz, Corp Hess, Geurt G Schoonman, Gregory P Hill, John B Hess, John B Hess, John P Rielly, Michael Mcknight, Richard D Lynch, Sami A Siddiqui and Timothy B Goodell.
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Shares of HES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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