Helmerich & Payne (HP) Projected to Post Quarterly Earnings on Wednesday

Helmerich & Payne (NYSE:HP - Get Free Report) will likely be issuing its Q3 2025 quarterly earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.26 per share and revenue of $1.00 billion for the quarter.

Helmerich & Payne (NYSE:HP - Get Free Report) last announced its earnings results 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 7.15% and a return on equity of 8.25%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $961.03 million. During the same period last year, the firm earned $0.84 earnings per share. Helmerich & Payne's revenue for the quarter was up 47.7% compared to the same quarter last year. On average, analysts expect Helmerich & Payne to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Helmerich & Payne Stock Up 2.1%

NYSE:HP traded up $0.33 during trading hours on Thursday, hitting $15.92. 840,571 shares of the stock traded hands, compared to its average volume of 1,768,056. The firm has a 50 day moving average price of $16.77 and a 200 day moving average price of $23.20. The company has a current ratio of 1.68, a quick ratio of 1.32 and a debt-to-equity ratio of 0.73. Helmerich & Payne has a fifty-two week low of $14.65 and a fifty-two week high of $42.60. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 7.29 and a beta of 0.82.

Helmerich & Payne Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 6.28%. The ex-dividend date is Friday, August 15th. Helmerich & Payne's dividend payout ratio (DPR) is currently 45.66%.

Institutional Investors Weigh In On Helmerich & Payne

Several hedge funds have recently bought and sold shares of HP. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Helmerich & Payne by 34.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,445 shares of the oil and gas company's stock valued at $5,575,000 after buying an additional 54,758 shares during the last quarter. NewEdge Advisors LLC increased its stake in Helmerich & Payne by 39,685.1% in the 1st quarter. NewEdge Advisors LLC now owns 34,613 shares of the oil and gas company's stock valued at $904,000 after buying an additional 34,526 shares during the last quarter. Royal Bank of Canada increased its stake in Helmerich & Payne by 4.4% in the 1st quarter. Royal Bank of Canada now owns 104,180 shares of the oil and gas company's stock valued at $2,721,000 after buying an additional 4,394 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Helmerich & Payne by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 58,630 shares of the oil and gas company's stock valued at $1,531,000 after buying an additional 3,611 shares during the last quarter. Finally, Empowered Funds LLC increased its stake in Helmerich & Payne by 9.9% in the 1st quarter. Empowered Funds LLC now owns 9,459 shares of the oil and gas company's stock valued at $247,000 after buying an additional 852 shares during the last quarter. 96.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HP has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of Helmerich & Payne from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Barclays lowered their price target on shares of Helmerich & Payne from $20.00 to $17.00 and set an "equal weight" rating on the stock in a report on Friday, June 20th. Citigroup reiterated a "neutral" rating and issued a $17.00 price objective (down from $19.00) on shares of Helmerich & Payne in a report on Thursday, June 26th. Susquehanna decreased their price target on shares of Helmerich & Payne from $24.00 to $23.00 and set a "positive" rating for the company in a report on Tuesday, July 1st. Finally, Piper Sandler began coverage on shares of Helmerich & Payne in a research report on Monday. They set a "neutral" rating and a $20.00 price objective for the company. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $23.10.

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.