What is Zacks Research's Estimate for HP FY2025 Earnings?

Key Points

• Analysts at Zacks Research have raised their FY2025 EPS estimate for Helmerich & Payne to $1.10 per share, slightly above their previous estimate of $1.08.
• Despite the positive EPS revision, several firms have cut their target prices for the stock, with Goldman Sachs reducing their target from $25.00 to $17.00 and Morgan Stanley from $27.00 to $20.00.
• Helmerich & Payne will pay a quarterly dividend of $0.25 on December 2nd, reflecting an annualized dividend yield of 4.8% with a current payout ratio of -303.03%.

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Equities research analysts at Zacks Research lifted their FY2025 earnings estimates for Helmerich & Payne in a research note issued on Thursday, September 11th. Zacks Research analyst Team now expects that the oil and gas company will earn $1.10 per share for the year, up from their previous estimate of $1.08. Zacks Research currently has a "Hold" rating on the stock. 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 $0.15 EPS, Q1 2026 earnings at $0.17 EPS, Q1 2027 earnings at $0.36 EPS and FY2027 earnings at $1.23 EPS.

Helmerich & Payne (NYSE:HP - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The oil and gas company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.02. Helmerich & Payne had a positive return on equity of 5.81% and a negative net margin of 0.90%.The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the prior year, the company posted $0.92 EPS. The business's revenue for the quarter was up 49.2% compared to the same quarter last year.

Several other research analysts have also weighed in on the stock. Citigroup reiterated a "neutral" rating and set a $17.00 price objective (down from $19.00) on shares of Helmerich & Payne in a report on Thursday, June 26th. The Goldman Sachs Group cut their price target on shares of Helmerich & Payne from $25.00 to $17.00 and set a "sell" rating on the stock in a research note on Tuesday, June 24th. TD Cowen increased their price target on shares of Helmerich & Payne from $26.00 to $27.00 and gave the stock a "hold" rating in a research note on Tuesday, August 19th. Wall Street Zen downgraded shares of Helmerich & Payne from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Barclays cut their target price on Helmerich & Payne from $20.00 to $17.00 and set an "equal weight" rating on the stock in a research report on Friday, June 20th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $22.20.

Helmerich & Payne Trading Down 2.3%

NYSE HP traded down $0.50 during trading hours on Friday, hitting $21.28. 461,105 shares of the company's stock were exchanged, compared to its average volume of 1,971,354. The business's 50 day moving average is $18.04 and its 200-day moving average is $19.20. Helmerich & Payne has a 12-month low of $14.65 and a 12-month high of $37.46. The firm has a market capitalization of $2.12 billion, a P/E ratio of -64.47 and a beta of 0.95. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.43 and a current ratio of 1.84.

Helmerich & Payne Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Tuesday, November 18th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Tuesday, November 18th. Helmerich & Payne's dividend payout ratio (DPR) is presently -303.03%.

Insider Activity at Helmerich & Payne

In related news, CAO Sara Marie Momper sold 6,700 shares of the firm's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $17.83, for a total transaction of $119,461.00. Following the sale, the chief accounting officer directly owned 21,908 shares in the company, valued at approximately $390,619.64. This trade represents a 23.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 4.51% of the company's stock.

Institutional Trading of Helmerich & Payne

A number of hedge funds have recently made changes to their positions in HP. Dimensional Fund Advisors LP increased its stake in Helmerich & Payne by 1.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,483,028 shares of the oil and gas company's stock worth $143,209,000 after buying an additional 71,168 shares during the period. Victory Capital Management Inc. increased its position in shares of Helmerich & Payne by 28.4% during the first quarter. Victory Capital Management Inc. now owns 3,553,181 shares of the oil and gas company's stock worth $92,809,000 after acquiring an additional 786,250 shares during the last quarter. American Century Companies Inc. increased its position in shares of Helmerich & Payne by 8.1% during the second quarter. American Century Companies Inc. now owns 3,224,611 shares of the oil and gas company's stock worth $48,885,000 after acquiring an additional 240,771 shares during the last quarter. Invesco Ltd. increased its position in shares of Helmerich & Payne by 9.5% during the second quarter. Invesco Ltd. now owns 2,959,928 shares of the oil and gas company's stock worth $44,873,000 after acquiring an additional 255,794 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its position in shares of Helmerich & Payne by 174.1% during the second quarter. Balyasny Asset Management L.P. now owns 2,044,383 shares of the oil and gas company's stock worth $30,993,000 after acquiring an additional 1,298,510 shares during the last quarter. Hedge funds and other institutional investors own 96.05% of the company's stock.

Helmerich & Payne Company Profile

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.