Zacks Research Issues Pessimistic Outlook for HP Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Zacks Research decreased their Q3 2025 earnings estimates for shares of Helmerich & Payne in a report issued on Wednesday, May 21st. Zacks Research analyst N. Choudhury now expects that the oil and gas company will post earnings per share of $0.22 for the quarter, down from their previous estimate of $0.56. The consensus estimate for Helmerich & Payne’s current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Helmerich & Payne’s Q4 2025 earnings at $0.25 EPS, FY2025 earnings at $1.20 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.36 EPS, FY2026 earnings at $1.38 EPS, Q1 2027 earnings at $0.67 EPS and FY2027 earnings at $2.40 EPS.

Helmerich & Payne (NYSE:HP) last posted its quarterly earnings data on Wednesday, May 7th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.63). Helmerich & Payne had a net margin of 11.02% and a return on equity of 11.31%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $961.03 million. During the same quarter last year, the business earned $0.84 earnings per share. The company’s revenue was up 47.7% on a year-over-year basis.

Several other analysts have also weighed in on HP. TD Cowen cut their price objective on Helmerich & Payne from $28.00 to $26.00 and set a “hold” rating for the company in a report on Friday, May 9th. The Goldman Sachs Group cut their price target on shares of Helmerich & Payne from $32.00 to $25.00 and set a “sell” rating for the company in a report on Thursday, April 10th. Susquehanna reduced their price objective on shares of Helmerich & Payne from $43.00 to $28.00 and set a “positive” rating for the company in a research report on Monday, April 14th. Citigroup reiterated a “neutral” rating and issued a $19.00 target price (down from $25.00) on shares of Helmerich & Payne in a report on Monday, May 19th. Finally, Morgan Stanley cut their target price on shares of Helmerich & Payne from $27.00 to $20.00 and set an “underweight” rating for the company in a research note on Friday, May 16th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $28.80.

Helmerich & Payne Stock Performance

Shares of NYSE HP opened at $15.49 on Friday. The stock has a fifty day moving average price of $20.58 and a two-hundred day moving average price of $27.73. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.52 and a current ratio of 2.81. The firm has a market cap of $1.54 billion, a P/E ratio of 5.10, a PEG ratio of 3.52 and a beta of 0.93. Helmerich & Payne has a 1 year low of $14.65 and a 1 year high of $42.60.

Helmerich & Payne Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.00 annualized dividend and a dividend yield of 6.46%. Helmerich & Payne’s dividend payout ratio (DPR) is presently 45.66%.

Hedge Funds Weigh In On Helmerich & Payne

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC boosted its position in shares of Helmerich & Payne by 320.2% in the third quarter. Barclays PLC now owns 198,415 shares of the oil and gas company’s stock worth $6,035,000 after buying an additional 151,196 shares during the period. Park Avenue Securities LLC purchased a new stake in Helmerich & Payne in the 4th quarter worth about $209,000. SG Americas Securities LLC lifted its stake in Helmerich & Payne by 19.4% in the 4th quarter. SG Americas Securities LLC now owns 14,504 shares of the oil and gas company’s stock worth $464,000 after acquiring an additional 2,357 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in Helmerich & Payne by 5.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 33,567 shares of the oil and gas company’s stock worth $1,075,000 after acquiring an additional 1,764 shares during the period. Finally, Blue Trust Inc. boosted its position in Helmerich & Payne by 143.3% during the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the oil and gas company’s stock worth $113,000 after acquiring an additional 2,181 shares during the period. 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.