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

$38.45
-0.02 (-0.05%)
(As of 05/6/2024 ET)
Today's Range
$38.41
$39.31
50-Day Range
$37.83
$43.89
52-Week Range
$30.41
$46.55
Volume
806,082 shs
Average Volume
1.30 million shs
Market Capitalization
$3.80 billion
P/E Ratio
10.99
Dividend Yield
2.60%
Price Target
$42.63

Helmerich & Payne MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.90 Rating Score
Upside/​Downside
9.2% Upside
$42.00 Price Target
Short Interest
Bearish
12.14% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.40
Upright™ Environmental Score
News Sentiment
0.34mentions of Helmerich & Payne in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$1.05 M Sold Last Quarter
Proj. Earnings Growth
4.21%
From $3.56 to $3.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.21 out of 5 stars

Oils/Energy Sector

123rd out of 241 stocks

Drilling Oil & Gas Wells Industry

5th out of 13 stocks

HP stock logo

About Helmerich & Payne Stock (NYSE:HP)

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. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. H&P’s fleet includes 299 land rigs in the U.S., 31 international land rigs and eight offshore platform rigs.

HP Stock Price History

HP Stock News Headlines

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Helmerich & Payne (NYSE:HP) PT Lowered to $50.00 at Susquehanna
Helmerich & Payne (NYSE:HP) Given Hold Rating at Benchmark
What Analysts Are Saying About Helmerich & Payne Stock
What Wall Street expects from Helmerich Payne's earnings
Guru Fundamental Report for HP
Unveiling 7 Analyst Insights On Helmerich & Payne
See More Headlines
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Company Calendar

Ex-Dividend for 2/27 Dividend
2/12/2024
Dividend Payable
2/27/2024
Last Earnings
4/25/2024
Today
5/06/2024
Ex-Dividend for 5/31 Dividend
5/16/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
Oil & Gas Drilling
CUSIP
42345210
Employees
6,200
Year Founded
1920

Price Target and Rating

Average Stock Price Target
$42.00
High Stock Price Target
$50.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+10.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.90
Research Coverage
10 Analysts

Profitability

Net Income
$434.10 million
Pretax Margin
17.86%

Debt

Sales & Book Value

Annual Sales
$2.87 billion
Cash Flow
$8.22 per share
Book Value
$27.88 per share

Miscellaneous

Free Float
94,401,000
Market Cap
$3.80 billion
Optionable
Optionable
Beta
1.51

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HP Stock Analysis - Frequently Asked Questions

Should I buy or sell Helmerich & Payne stock right now?

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.
View HP analyst ratings
or view top-rated stocks.

What is Helmerich & Payne's stock price target for 2024?

10 Wall Street analysts have issued 1-year target prices for Helmerich & Payne's shares. Their HP share price targets range from $33.00 to $50.00. On average, they anticipate the company's share price to reach $42.00 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for HP
or view top-rated stocks among Wall Street analysts.

How have HP shares performed in 2024?

Helmerich & Payne's stock was trading at $36.22 at the beginning of 2024. Since then, HP stock has increased by 6.2% and is now trading at $38.45.
View the best growth stocks for 2024 here
.

When is Helmerich & Payne's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our HP earnings forecast
.

How were Helmerich & Payne's earnings last quarter?

Helmerich & Payne, Inc. (NYSE:HP) issued its quarterly earnings data on Thursday, April, 25th. The oil and gas company reported $0.84 earnings per share for the quarter, missing the consensus estimate of $0.85 by $0.01. The oil and gas company earned $687.94 million during the quarter, compared to the consensus estimate of $682.51 million. Helmerich & Payne had a trailing twelve-month return on equity of 13.21% and a net margin of 12.84%. Helmerich & Payne's revenue for the quarter was down 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.26 EPS.

How often does Helmerich & Payne pay dividends? What is the dividend yield for Helmerich & Payne?

Helmerich & Payne announced a quarterly dividend on Wednesday, February 28th. Investors 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 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date is Thursday, May 16th.
Read our dividend analysis for HP
.

Is Helmerich & Payne a good dividend stock?

Helmerich & Payne (NYSE:HP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.60%. The dividend payout ratio is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HP will have a dividend payout ratio of 26.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HP.

What is John Lindsay's approval rating as Helmerich & Payne's CEO?

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.

What other stocks do shareholders of Helmerich & Payne own?

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).

Who are Helmerich & Payne's major shareholders?

Helmerich & Payne's stock is owned by many different retail and institutional investors. Top institutional investors include Van ECK Associates Corp (1.62%), ARGA Investment Management LP (1.40%), LSV Asset Management (0.79%), Principal Financial Group Inc. (0.55%), Pinnacle Associates Ltd. (0.23%) and Allspring Global Investments Holdings LLC (0.23%). Insiders that own company stock include Cara M Hair, Hans Helmerich, John R Bell, John W Lindsay, Mark W Smith, Raymond John Adams III, Sara Marie Momper and Todd Willard Benson.
View institutional ownership trends
.

How do I buy shares of Helmerich & Payne?

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.
Compare Top Brokerages Here.

This page (NYSE:HP) was last updated on 5/7/2024 by MarketBeat.com Staff

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