Halliburton - HAL Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HAL shares.
View HAL analyst ratings or view top-rated stocks.

16 equities research analysts have issued twelve-month price targets for Halliburton's stock. Their HAL share price forecasts range from $32.00 to $54.00. On average, they predict the company's share price to reach $43.99 in the next twelve months. This suggests a possible upside of 26.2% from the stock's current price.
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Halliburton's stock was trading at $22.87 at the start of the year. Since then, HAL stock has increased by 52.5% and is now trading at $34.87.
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Halliburton saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 20,180,000 shares, a drop of 6.9% from the October 31st total of 21,680,000 shares. Based on an average daily volume of 10,660,000 shares, the days-to-cover ratio is currently 1.9 days.
View Halliburton's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, January 23rd 2023.
View our HAL earnings forecast.

Halliburton (NYSE:HAL) issued its quarterly earnings data on Tuesday, October, 25th. The oilfield services company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.04. The oilfield services company had revenue of $5.36 billion for the quarter, compared to analyst estimates of $5.33 billion. Halliburton had a net margin of 9.16% and a trailing twelve-month return on equity of 22.69%.

Halliburton announced a quarterly dividend on Friday, November 18th. Shareholders of record on Thursday, December 8th will be given a dividend of $0.12 per share on Wednesday, December 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Wednesday, December 7th.
Read our dividend analysis for HAL.

Halliburton (NYSE:HAL) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.37%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 16.16% 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.86%), BlackRock Inc. (8.83%), State Street Corp (6.54%), Sanders Capital LLC (2.35%), Pzena Investment Management LLC (1.72%) and Price T Rowe Associates Inc. MD (1.10%). 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 $34.87.

Halliburton (NYSE:HAL) has a market capitalization of $31.66 billion and generates $15.30 billion in revenue each year. The oilfield services company earns $1.46 billion in net income (profit) each year or $1.93 on an earnings per share basis.

The company employs 40,000 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) 871-4000, via email at investors@halliburton.com, or via fax at 713-759-2635.