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 Wall Street analysts have issued twelve-month target prices 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 $47.33 in the next twelve months. This suggests a possible upside of 17.3% 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 beginning of the year. Since then, HAL stock has increased by 2.6% and is now trading at $40.36.
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Halliburton saw a decrease in short interest in December. As of December 30th, there was short interest totaling 20,250,000 shares, a decrease of 5.3% from the December 15th total of 21,390,000 shares. Based on an average daily volume of 9,930,000 shares, the days-to-cover ratio is presently 2.0 days.
View Halliburton's Short Interest.

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

Halliburton (NYSE:HAL) released its quarterly earnings data on Tuesday, January, 24th. The oilfield services company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. The oilfield services company earned $5.58 billion during 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 company's revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.92 EPS.
Read the conference call transcript.

Halliburton announced a quarterly dividend on Tuesday, January 24th. Shareholders 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 dividend on an annualized basis and a yield of 1.59%. 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.

Halliburton (NYSE:HAL) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.17%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAL will have a dividend payout ratio of 12.80% 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 many different institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.22%), Strs Ohio (0.17%), Gateway Investment Advisers LLC (0.08%), Capital Advisors Inc. OK (0.08%), Artemis Investment Management LLP (0.07%) and Allspring Global Investments Holdings LLC (0.06%). 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 $40.36.

Halliburton (NYSE:HAL) has a market capitalization of $36.65 billion and generates $20.30 billion in revenue each year. The oilfield services company earns $1.46 billion in net income (profit) each year or $1.73 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.