Halliburton - HAL Stock Forecast, Price & News

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

15 brokers have issued 1-year 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 $48.44 in the next year. This suggests a possible upside of 54.8% 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 stock has decreased by 20.5% and is now trading at $31.29.
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Halliburton saw a increase in short interest in March. As of March 15th, there was short interest totaling 24,930,000 shares, an increase of 8.0% from the February 28th total of 23,080,000 shares. Based on an average daily volume of 9,090,000 shares, the days-to-cover ratio is currently 2.7 days.
View Halliburton's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our HAL earnings forecast.

Halliburton will be holding an earnings conference call on Tuesday, April 25th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Halliburton (NYSE:HAL) released its earnings results on Tuesday, January, 24th. The oilfield services company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.05. The oilfield services company had revenue of $5.58 billion for the quarter, compared to analyst estimates of $5.59 billion. Halliburton had a net margin of 7.74% and a trailing twelve-month return on equity of 26.25%. The business's revenue for the quarter was up 30.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 earnings per share.
Read the conference call transcript.

Halliburton declared a quarterly dividend on Tuesday, January 24th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.16 per share on Wednesday, March 29th. This represents a $0.64 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Tuesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.12.
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), First Trust Energy AlphaDEX Fund (FXN), Invesco S&P 500 Equal Weight Energy ETF (RYE) and AdvisorShares Dorsey Wright Alpha Equal Weight ETF (DWEQ).

Halliburton (NYSE:HAL) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.16%. 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 36.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 16.98% 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 number of retail and institutional investors. Top institutional shareholders include Sanders Capital LLC (2.33%), Geode Capital Management LLC (2.04%), Morgan Stanley (1.90%), DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (1.76%), Boston Partners (1.37%) and Norges Bank (1.29%). 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 $31.29.

Halliburton (NYSE:HAL) has a market capitalization of $28.29 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 $1.73 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.