Zacks Research Issues Pessimistic Forecast for HP Earnings

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Equities research analysts at Zacks Research reduced their Q3 2025 earnings estimates for shares of Helmerich & Payne in a research report issued on Wednesday, May 21st. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will earn $0.22 per share for the quarter, down from their prior forecast of $0.56. 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 $0.25 EPS, FY2025 earnings at $1.20 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.36 EPS, FY2026 earnings at $1.38 EPS, Q1 2027 earnings at $0.67 EPS and FY2027 earnings at $2.40 EPS.

Several other equities research analysts have also recently weighed in on the stock. Argus raised shares of Helmerich & Payne to a "hold" rating in a research report on Tuesday, February 11th. Wall Street Zen downgraded shares of Helmerich & Payne from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Citigroup reissued a "neutral" rating and issued a $19.00 price objective (down from $25.00) on shares of Helmerich & Payne in a research note on Monday, May 19th. Susquehanna cut their target price on Helmerich & Payne from $43.00 to $28.00 and set a "positive" rating for the company in a research note on Monday, April 14th. Finally, TD Cowen decreased their price target on Helmerich & Payne from $28.00 to $26.00 and set a "hold" rating on the stock in a research note on Friday, May 9th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $27.73.

Helmerich & Payne Price Performance

Shares of HP traded down $0.01 during trading hours on Friday, hitting $15.39. 996,719 shares of the company were exchanged, compared to its average volume of 1,615,472. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.60. Helmerich & Payne has a fifty-two week low of $14.65 and a fifty-two week high of $42.60. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 5.06, a P/E/G ratio of 3.52 and a beta of 0.93. The firm's fifty day moving average is $20.18 and its 200 day moving average is $27.38.

Helmerich & Payne (NYSE:HP - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.65 by ($0.63). The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $961.03 million. Helmerich & Payne had a return on equity of 11.31% and a net margin of 11.02%. The company's quarterly revenue was up 47.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.84 EPS.

Helmerich & Payne Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.00 annualized dividend and a yield of 6.50%. Helmerich & Payne's dividend payout ratio is presently 45.66%.

Hedge Funds Weigh In On Helmerich & Payne

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in shares of Helmerich & Payne by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 5,483,028 shares of the oil and gas company's stock worth $143,209,000 after acquiring an additional 71,168 shares during the period. Victory Capital Management Inc. raised its holdings in Helmerich & Payne by 28.4% during the 1st quarter. Victory Capital Management Inc. now owns 3,553,181 shares of the oil and gas company's stock worth $92,809,000 after purchasing an additional 786,250 shares during the last quarter. Earnest Partners LLC raised its holdings in Helmerich & Payne by 1.0% during the 4th quarter. Earnest Partners LLC now owns 3,487,019 shares of the oil and gas company's stock worth $111,654,000 after purchasing an additional 35,013 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Helmerich & Payne by 12.2% in the 1st quarter. American Century Companies Inc. now owns 2,983,840 shares of the oil and gas company's stock valued at $77,938,000 after purchasing an additional 325,484 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Helmerich & Payne by 24.7% in the 1st quarter. Invesco Ltd. now owns 2,704,134 shares of the oil and gas company's stock valued at $70,632,000 after purchasing an additional 535,808 shares during the last quarter. 96.05% of the stock is currently owned by institutional investors and hedge funds.

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.