Q1 EPS Estimate for Helmerich & Payne Reduced by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Analysts at Seaport Res Ptn reduced their Q1 2026 earnings per share estimates for shares of Helmerich & Payne in a research report issued to clients and investors on Sunday, November 23rd. Seaport Res Ptn analyst T. Curran now expects that the oil and gas company will earn $0.15 per share for the quarter, down from their prior estimate of $0.27. The consensus estimate for Helmerich & Payne’s current full-year earnings is $2.93 per share. Seaport Res Ptn also issued estimates for Helmerich & Payne’s Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.08 EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.38 EPS, Q1 2027 earnings at $0.09 EPS and FY2027 earnings at $0.53 EPS.

Helmerich & Payne (NYSE:HP) last released its quarterly earnings data on Monday, November 17th. The oil and gas company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.27). The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $972.79 million. Helmerich & Payne had a negative net margin of 0.90% and a positive return on equity of 5.81%. The business’s revenue was up 45.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.76 EPS.

HP has been the subject of several other reports. Weiss Ratings restated a “hold (c-)” rating on shares of Helmerich & Payne in a research note on Thursday, November 20th. Susquehanna increased their price target on Helmerich & Payne from $26.00 to $31.00 and gave the stock a “positive” rating in a report on Wednesday, November 19th. Royal Bank Of Canada boosted their price objective on Helmerich & Payne from $27.00 to $29.00 and gave the company a “sector perform” rating in a report on Thursday, November 20th. Morgan Stanley increased their target price on Helmerich & Payne from $20.00 to $23.00 and gave the stock an “underweight” rating in a report on Tuesday. Finally, The Goldman Sachs Group raised shares of Helmerich & Payne from a “sell” rating to a “neutral” rating and lifted their price target for the company from $20.00 to $28.00 in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Helmerich & Payne has an average rating of “Hold” and an average price target of $26.70.

Helmerich & Payne Trading Up 0.5%

NYSE:HP opened at $27.71 on Wednesday. Helmerich & Payne has a 12 month low of $14.65 and a 12 month high of $37.30. The company has a current ratio of 1.84, a quick ratio of 1.43 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of -83.97 and a beta of 0.94. The firm has a fifty day simple moving average of $24.66 and a two-hundred day simple moving average of $19.99.

Helmerich & Payne Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Tuesday, November 18th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, November 18th. Helmerich & Payne’s payout ratio is presently -59.88%.

Institutional Investors Weigh In On Helmerich & Payne

A number of large investors have recently modified their holdings of HP. Rothschild Investment LLC raised its stake in Helmerich & Payne by 1,377.8% in the third quarter. Rothschild Investment LLC now owns 1,330 shares of the oil and gas company’s stock worth $29,000 after buying an additional 1,240 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Helmerich & Payne by 2,433.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,647 shares of the oil and gas company’s stock valued at $25,000 after acquiring an additional 1,582 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Helmerich & Payne by 46.5% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,745 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 554 shares during the period. Hantz Financial Services Inc. raised its position in shares of Helmerich & Payne by 184.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,831 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 1,187 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of Helmerich & Payne by 407.1% in the 3rd quarter. Parallel Advisors LLC now owns 2,226 shares of the oil and gas company’s stock valued at $49,000 after purchasing an additional 1,787 shares during the period. Institutional investors 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.