Helmerich & Payne (HP) Stock Price, News & Analysis

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last twelve months. There are currently 2 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" HP shares.
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10 analysts have issued 1-year target prices for Helmerich & Payne's shares. Their HP share price targets range from $33.00 to $52.00. On average, they expect the company's share price to reach $42.88 in the next year. This suggests a possible upside of 3.0% from the stock's current price.
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Helmerich & Payne's stock was trading at $36.22 on January 1st, 2024. Since then, HP shares have increased by 14.9% and is now trading at $41.62.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
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Helmerich & Payne will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Helmerich & Payne, Inc. (NYSE:HP) announced its quarterly earnings data on Tuesday, January, 30th. The oil and gas company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.24. The oil and gas company earned $677 million during the quarter, compared to the consensus estimate of $661.81 million. Helmerich & Payne had a net margin of 15.27% and a trailing twelve-month return on equity of 15.06%. The company's quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.11 earnings per share.

Helmerich & Payne declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, May 17th will be paid a dividend of $0.42 per share on Friday, May 31st. This represents a $1.68 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend is Thursday, May 16th.
Read our dividend analysis for HP.

Helmerich & Payne (NYSE:HP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.39%. The dividend payout ratio is 23.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HP will have a dividend payout ratio of 27.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HP.

ETFs with the largest weight of Helmerich & Payne (NYSE:HP) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Equipment & Services ETF (XES), iShares U.S. Oil Equipment & Services ETF (IEZ), VanEck Oil Services ETF (OIH), Direxion Daily Oil Services Bull 2X Shares (ONG), Invesco Oil & Gas Services ETF (PXJ), Invesco S&P SmallCap Quality ETF (XSHQ) and Pacer US Small Cap Cash Cows 100 ETF (CALF).

97 employees have rated Helmerich & Payne Chief Executive Officer John Lindsay on Glassdoor.com. John Lindsay has an approval rating of 92% among the company's employees. This puts John Lindsay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Helmerich & Payne investors own include AT&T (T), Xtrackers California Municipal Bond ETF (CA), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Pfizer (PFE), Verizon Communications (VZ), Boeing (BA), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD).

Helmerich & Payne's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include ARGA Investment Management LP (1.40%), Profit Investment Management LLC (0.08%), Radnor Capital Management LLC (0.04%), IMC Chicago LLC (0.00%), Ridgewood Investments LLC (0.01%) and Park Avenue Securities LLC (0.01%). Insiders that own company stock include Hans Helmerich, John R Bell, John W Lindsay, Raymond John Adams III, Sara Marie Momper and Todd Willard Benson.
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Shares of HP 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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