Zacks Research Issues Positive Estimate for HP Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Investment analysts at Zacks Research lifted their Q4 2026 earnings per share estimates for Helmerich & Payne in a research note issued to investors on Tuesday, April 21st. Zacks Research analyst Team now anticipates that the oil and gas company will earn $0.14 per share for the quarter, up from their previous forecast of $0.12. The consensus estimate for Helmerich & Payne’s current full-year earnings is $0.13 per share. Zacks Research also issued estimates for Helmerich & Payne’s Q1 2027 earnings at $0.16 EPS.

A number of other research firms have also weighed in on HP. Weiss Ratings reissued a “sell (d+)” rating on shares of Helmerich & Payne in a research note on Friday, March 27th. Evercore raised Helmerich & Payne from an “in-line” rating to an “outperform” rating and set a $43.00 price objective for the company in a research note on Friday, March 20th. The Goldman Sachs Group reissued a “neutral” rating and set a $32.00 price objective on shares of Helmerich & Payne in a research note on Wednesday, January 14th. Barclays increased their price objective on Helmerich & Payne from $36.00 to $39.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Finally, Susquehanna increased their price objective on Helmerich & Payne from $40.00 to $42.00 and gave the company a “positive” rating in a research note on Tuesday, April 7th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $37.80.

Helmerich & Payne Stock Performance

NYSE:HP opened at $36.38 on Wednesday. The firm has a market cap of $3.63 billion, a PE ratio of -11.41 and a beta of 0.55. Helmerich & Payne has a fifty-two week low of $14.65 and a fifty-two week high of $37.87. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.58 and a current ratio of 2.03. The business has a 50 day moving average price of $35.02 and a 200-day moving average price of $30.91.

Helmerich & Payne (NYSE:HP) last issued its earnings results on Wednesday, February 4th. The oil and gas company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.27). The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $990.16 million. Helmerich & Payne had a positive return on equity of 0.28% and a negative net margin of 7.71%.The firm’s quarterly revenue was up 50.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.71 EPS.

Helmerich & Payne Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 18th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, May 18th. Helmerich & Payne’s dividend payout ratio is currently -31.35%.

Insider Activity at Helmerich & Payne

In related news, SVP Cara M. Hair sold 58,771 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $36.62, for a total transaction of $2,152,194.02. Following the completion of the transaction, the senior vice president owned 175,589 shares in the company, valued at $6,430,069.18. This represents a 25.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Helmerich & Payne

Hedge funds and other institutional investors have recently made changes to their positions in the business. Leonteq Securities AG bought a new position in shares of Helmerich & Payne during the fourth quarter valued at approximately $26,000. Rothschild Investment LLC raised its holdings in shares of Helmerich & Payne by 1,377.8% during the third quarter. Rothschild Investment LLC now owns 1,330 shares of the oil and gas company’s stock valued at $29,000 after acquiring an additional 1,240 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Helmerich & Payne by 2,433.8% during the second 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 raised its holdings in shares of Helmerich & Payne by 46.5% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,745 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 554 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of Helmerich & Payne by 184.3% during the third quarter. Hantz Financial Services Inc. now owns 1,831 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 1,187 shares in the last quarter. Institutional investors own 96.05% of the company’s stock.

Helmerich & Payne Company Profile

Helmerich & Payne, Inc is a leading provider of contract drilling services to the oil and gas industry, specializing primarily in onshore drilling operations. The company designs, engineers and operates a fleet of advanced drilling rigs, including its proprietary FlexRigs, which are engineered for high efficiency, safety and rapid mobilization. Alongside core drilling services, Helmerich & Payne offers well intervention, workover and coiled tubing services, positioning itself as a comprehensive drilling solutions partner for exploration and production companies worldwide.

Founded in 1920 and headquartered in Tulsa, Oklahoma, Helmerich & Payne has grown through innovation and strategic expansion to serve diverse hydrocarbon basins.