Halliburton - HAL Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Halliburton in the last twelve months. There are currently 3 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.

17 brokers have issued 1 year price targets for Halliburton's shares. Their HAL share price forecasts range from $24.00 to $53.00. On average, they expect the company's share price to reach $39.53 in the next twelve months. This suggests a possible upside of 60.8% 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 $22.87 at the beginning of 2022. Since then, HAL shares have increased by 7.5% and is now trading at $24.58.
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Halliburton saw a decrease in short interest in August. As of August 31st, there was short interest totaling 18,750,000 shares, a decrease of 9.7% from the August 15th total of 20,760,000 shares. Based on an average trading volume of 10,770,000 shares, the short-interest ratio is presently 1.7 days.
View Halliburton's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our HAL earnings forecast.

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

Halliburton (NYSE:HAL) issued its earnings results on Tuesday, July, 19th. The oilfield services company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.45 by $0.04. The oilfield services company earned $5.07 billion during the quarter, compared to analysts' expectations of $4.71 billion. Halliburton had a net margin of 8.19% and a trailing twelve-month return on equity of 19.91%. Halliburton's revenue was up 36.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.26 EPS.
Read the conference call transcript.

Halliburton announced a quarterly dividend on Wednesday, August 17th. Investors of record on Wednesday, September 7th will be paid a dividend of $0.12 per share on Wednesday, September 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Tuesday, September 6th.
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 1.78%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 17.33% 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 shareholders include State Street Corp (6.41%), FMR LLC (5.87%), Pzena Investment Management LLC (1.84%), Price T Rowe Associates Inc. MD (1.28%), Van ECK Associates Corp (1.27%) and Northern Trust Corp (1.02%). 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, Mark Richard, Murry Gerber, Myrtle L Jones, Myrtle L Jones and Timothy Mckeon.
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 $24.58.

Halliburton (NYSE:HAL) has a market capitalization of $22.29 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 $1.59 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.