FY2026 EPS Estimate for Helmerich & Payne Raised by Analyst

Key Points

• Zacks Research raised Helmerich & Payne’s FY2026 EPS estimate to a loss of $0.43 per share from a projected loss of $0.46, though the broader consensus remains a loss of $0.18 per share.
• Analyst sentiment is mixed: the stock has a consensus “Hold” rating from 13 analysts, with an average price target of $44.36; recent targets range from $41 to $50.
• Helmerich & Payne reported a quarterly EPS loss of $0.11, missing estimates, while revenue reached $1.03 billion. The company maintains a quarterly dividend of $0.25, equivalent to a 2.6% annual yield.

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Equities research analysts at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for Helmerich & Payne in a research note issued to investors on Friday, October 9th. Zacks Research analyst Team now anticipates that the oil and gas company will earn ($0.43) per share for the year, up from their previous forecast of ($0.46). The consensus estimate for Helmerich & Payne's current full-year earnings is ($0.18) per share. Zacks Research also issued estimates for Helmerich & Payne's Q3 2027 earnings at $0.38 EPS, Q1 2028 earnings at ($0.34) EPS and Q2 2028 earnings at $1.37 EPS.

Several other equities analysts also recently issued reports on the stock. Citigroup raised their price target on shares of Helmerich & Payne from $36.00 to $48.00 and gave the company a "neutral" rating in a research note on Friday, September 4th. Wall Street Zen upgraded shares of Helmerich & Payne from a "sell" rating to a "hold" rating in a report on Saturday. Bank of America reissued a "buy" rating on shares of Helmerich & Payne in a research note on Monday. Morgan Stanley increased their price objective on Helmerich & Payne from $36.00 to $41.00 and gave the company an "underweight" rating in a report on Thursday, August 20th. Finally, Susquehanna increased their price objective on Helmerich & Payne from $44.00 to $50.00 and gave the company a "positive" rating in a report on Monday, October 5th. Seven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $44.36.

Helmerich & Payne Trading Down 3.0%

HP opened at $38.66 on Tuesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.96 and a quick ratio of 1.55. Helmerich & Payne has a fifty-two week low of $21.76 and a fifty-two week high of $48.17. The company's 50 day moving average price is $41.40 and its two-hundred day moving average price is $38.02. The firm has a market capitalization of $3.86 billion, a price-to-earnings ratio of -27.42, a PEG ratio of 1.13 and a beta of 0.69.

Helmerich & Payne (NYSE:HP - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by ($0.20). Helmerich & Payne had a negative net margin of 3.43% and a negative return on equity of 2.35%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $987.70 million. During the same quarter last year, the business earned $0.22 EPS. The firm's quarterly revenue was down .6% compared to the same quarter last year.

Institutional Trading of Helmerich & Payne

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Strs Ohio bought a new position in Helmerich & Payne during the 1st quarter valued at $101,000. Nykredit A S purchased a new position in Helmerich & Payne during the 2nd quarter worth $112,000. Avantax Planning Partners Inc. bought a new stake in shares of Helmerich & Payne in the 1st quarter worth $210,000. CacheTech Inc. bought a new stake in shares of Helmerich & Payne in the 1st quarter worth $213,000. Finally, Core Capital Management & Research inc. bought a new stake in shares of Helmerich & Payne in the 2nd quarter worth $196,000. Institutional investors own 96.05% of the company's stock.

Insider Activity

In related news, CAO Sara Momper sold 5,054 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $44.28, for a total value of $223,791.12. Following the transaction, the chief accounting officer directly owned 16,958 shares in the company, valued at $750,900.24. This trade represents a 22.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Hans Helmerich sold 94,470 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $43.90, for a total value of $4,147,233.00. Following the completion of the transaction, the director owned 20,000 shares in the company, valued at approximately $878,000. This represents a 82.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 110,673 shares of company stock worth $4,864,590 over the last quarter. 4.40% of the stock is currently owned by corporate insiders.

Helmerich & Payne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 18th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, November 18th. Helmerich & Payne's dividend payout ratio (DPR) is -70.92%.

About Helmerich & Payne

Helmerich & Payne, Inc is a contract drilling company that provides land and offshore drilling services to oil and natural gas exploration and production companies. Founded in 1920 and headquartered in Tulsa, Oklahoma, the company operates and manages drilling rigs used to develop unconventional and conventional energy resources.

Its services include drilling-rig contracting, rig management, operational support, and technology solutions designed to improve drilling efficiency, safety, and well performance.

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