FY2025 EPS Estimates for HP Lowered by Capital One Financial

Key Points

• Capital One Financial has revised its FY2025 earnings estimate for Helmerich & Payne, lowering it from $1.29 to $1.18 per share.
• The company reported $0.22 earnings per share in its latest quarterly results, surpassing analysts' expectations.
• Helmerich & Payne will pay a quarterly dividend of $0.25 per share on December 2nd, reflecting a dividend yield of 4.6%.

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Analysts at Capital One Financial decreased their FY2025 earnings per share (EPS) estimates for shares of Helmerich & Payne in a research report issued on Monday, September 15th. Capital One Financial analyst D. Becker now forecasts that the oil and gas company will post earnings of $1.18 per share for the year, down from their previous estimate of $1.29. The consensus estimate for Helmerich & Payne's current full-year earnings is $2.93 per share. Capital One Financial also issued estimates for Helmerich & Payne's Q4 2025 earnings at $0.23 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.08 EPS, Q1 2027 earnings at $0.20 EPS and Q3 2027 earnings at $0.29 EPS.

HP has been the topic of several other research reports. Piper Sandler boosted their price target on Helmerich & Payne from $20.00 to $21.00 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Citigroup reiterated a "neutral" rating and set a $17.00 target price (down from $19.00) on shares of Helmerich & Payne in a report on Thursday, June 26th. TD Cowen lifted their price objective on Helmerich & Payne from $26.00 to $27.00 and gave the stock a "hold" rating in a report on Tuesday, August 19th. Royal Bank Of Canada lifted their price objective on Helmerich & Payne from $23.00 to $24.00 and gave the stock a "sector perform" rating in a report on Friday, August 8th. Finally, Zacks Research upgraded Helmerich & Payne to a "hold" rating in a report on Monday, August 11th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and an average price target of $22.20.

Helmerich & Payne Trading Down 3.1%

Shares of NYSE HP traded down $0.66 during trading on Wednesday, reaching $20.57. The stock had a trading volume of 2,990,041 shares, compared to its average volume of 1,677,090. The company has a market cap of $2.05 billion, a P/E ratio of -62.33 and a beta of 0.95. The business's 50-day moving average price is $18.27 and its 200-day moving average price is $19.11. Helmerich & Payne has a fifty-two week low of $14.65 and a fifty-two week high of $37.46. 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 (NYSE:HP - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The oil and gas company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.02. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1 billion. Helmerich & Payne had a positive return on equity of 5.81% and a negative net margin of 0.90%.The company's quarterly revenue was up 49.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.92 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position in Helmerich & Payne by 2,433.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,647 shares of the oil and gas company's stock valued at $25,000 after buying an additional 1,582 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Helmerich & Payne by 104.2% during the first quarter. Versant Capital Management Inc now owns 1,699 shares of the oil and gas company's stock worth $44,000 after purchasing an additional 867 shares during the period. Quarry LP bought a new position in shares of Helmerich & Payne during the first quarter valued at approximately $81,000. GAMMA Investing LLC increased its position in shares of Helmerich & Payne by 85.4% during the first quarter. GAMMA Investing LLC now owns 3,167 shares of the oil and gas company's stock valued at $83,000 after acquiring an additional 1,459 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Helmerich & Payne during the 2nd quarter valued at $64,000. 96.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CAO Sara Marie Momper sold 6,700 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $17.83, for a total value of $119,461.00. Following the completion of the sale, the chief accounting officer directly owned 21,908 shares of the company's stock, valued at $390,619.64. This trade represents a 23.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 4.51% of the company's stock.

Helmerich & Payne Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Tuesday, November 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.9%. Helmerich & Payne's dividend payout ratio (DPR) is presently -303.03%.

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.