Halliburton - HAL Stock Forecast, Price & News

15 Wall Street equities research 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 equities research analysts is that investors should "buy" HAL shares.
View HAL analyst ratings or view top-rated stocks.

15 analysts have issued 1 year target prices for Halliburton's stock. Their HAL share price forecasts range from $32.00 to $58.00. On average, they expect the company's stock price to reach $48.67 in the next twelve months. This suggests a possible upside of 62.5% 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 beginning of 2023. Since then, HAL shares have decreased by 23.9% and is now trading at $29.95.
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Halliburton saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 23,080,000 shares, an increase of 5.5% from the February 13th total of 21,870,000 shares. Based on an average trading volume of 8,760,000 shares, the short-interest ratio is currently 2.6 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) posted its quarterly earnings data on Tuesday, January, 24th. The oilfield services company reported $0.72 EPS 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 the consensus estimate of $5.59 billion. Halliburton had a trailing twelve-month return on equity of 26.25% and a net margin of 7.74%. Halliburton's revenue for the quarter was up 30.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 EPS.
Read the conference call transcript.

Halliburton declared 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 dividend yield of 2.14%. The ex-dividend date of this dividend is Tuesday, February 28th. This is a positive change 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), Invesco S&P 500 Equal Weight Energy ETF (RYE), First Trust Energy AlphaDEX Fund (FXN), SPDR S&P Oil & Gas Equipment & Services ETF (XES) and Energy Select Sector SPDR Fund (XLE).

Halliburton (NYSE:HAL) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.06%. 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 17.02% 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 investors 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 $29.95.

Halliburton (NYSE:HAL) has a market capitalization of $27.08 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.