Halliburton (HAL) Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last year. There are currently 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" HAL shares.
View HAL analyst ratings or view top-rated stocks.

14 Wall Street analysts have issued twelve-month price targets for Halliburton's shares. Their HAL share price forecasts range from $32.00 to $58.00. On average, they predict the company's stock price to reach $48.24 in the next year. This suggests a possible upside of 52.5% from the stock's current price.
View analysts price targets for HAL or view top-rated stocks among Wall Street analysts.

Halliburton's stock was trading at $39.35 at the start of the year. Since then, HAL shares have decreased by 19.6% and is now trading at $31.64.
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Halliburton saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 28,520,000 shares, an increase of 8.1% from the April 15th total of 26,380,000 shares. Based on an average trading volume of 9,260,000 shares, the short-interest ratio is presently 3.1 days.
View Halliburton's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023.
View our HAL earnings forecast.

Halliburton (NYSE:HAL) announced its quarterly earnings results on Tuesday, April, 25th. The oilfield services company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.05. The oilfield services company earned $5.68 billion during the quarter, compared to the consensus estimate of $5.49 billion. Halliburton had a net margin of 9.04% and a trailing twelve-month return on equity of 29.38%. The business's quarterly revenue was up 32.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.35 EPS.
Read the conference call transcript.

Halliburton announced a quarterly dividend on Thursday, May 18th. Stockholders of record on Wednesday, June 7th will be paid a dividend of $0.16 per share on Wednesday, June 28th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Tuesday, June 6th.
Read our dividend analysis for HAL.

ETFs with the largest weight of Halliburton (NYSE:HAL) stock in their portfolio include iShares U.S. Oil Equipment & Services ETF (IEZ), VanEck Oil Services ETF (OIH), Direxion Daily Oil Services Bull 2X Shares (ONG), Invesco Dynamic Oil & Gas Services ETF (PXJ), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco S&P 500 Equal Weight Energy ETF (RYE), First Trust Energy AlphaDEX Fund (FXN) and WealthTrust DBS Long Term Growth ETF (WLTG).

Halliburton (NYSE:HAL) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.13%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 17.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HAL.

651 employees have rated Halliburton Chief Executive Officer Jeff Miller on Glassdoor.com. Jeff Miller has an approval rating of 63% among the company's employees. This puts Jeff Miller in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Halliburton investors own include Schlumberger (SLB), Intel (INTC), Bank of America (BAC), AT&T (T), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), General Electric (GE), NVIDIA (NVDA), Boeing (BA) and Walt Disney (DIS).

Halliburton trades on the New York Stock Exchange (NYSE) under the ticker symbol "HAL."

Halliburton's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.95%), State Street Corp (6.57%), Boston Partners (2.73%), FMR LLC (2.72%), Sanders Capital LLC (2.42%) and Geode Capital Management LLC (2.07%). Insiders that own company stock include Charles Jr Geer, Eric Carre, Jeffrey Allen Miller, Jill D Sharp, Joe D Rainey, Lance Loeffler, Lawrence J Pope, Margaret Katherine Banks, Mark Richard, Murry Gerber, Myrtle L Jones, Myrtle L Jones, Timothy Mckeon and Van H Beckwith.
View institutional ownership trends.

Shares of HAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HAL stock can currently be purchased for approximately $31.64.

Halliburton (NYSE:HAL) has a market capitalization of $28.55 billion and generates $20.30 billion in revenue each year. The oilfield services company earns $1.57 billion in net income (profit) each year or $2.16 on an earnings per share basis.

The company employs 45,000 workers across the globe.

Halliburton's mailing address is 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX, 77032. The official website for the company is www.halliburton.com. The oilfield services company can be reached via phone at (281) 871-2699, via email at investors@halliburton.com, or via fax at 713-759-2635.