Hess (HES) Stock Price, News & Analysis

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HES, but not buy additional shares or sell existing shares.
View HES analyst ratings or view top-rated stocks.

10 analysts have issued 12 month target prices for Hess' stock. Their HES share price targets range from $153.00 to $210.00. On average, they expect the company's share price to reach $177.83 in the next year. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for HES or view top-rated stocks among Wall Street analysts.

Hess' stock was trading at $144.16 at the start of the year. Since then, HES shares have increased by 2.3% and is now trading at $147.54.
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Hess saw a increase in short interest in May. As of May 15th, there was short interest totaling 6,150,000 shares, an increase of 20.1% from the April 30th total of 5,120,000 shares. Based on an average trading volume of 2,590,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.2% of the company's stock are sold short.
View Hess' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our HES earnings forecast.

Hess Co. (NYSE:HES) released its quarterly earnings data on Thursday, April, 25th. The oil and gas producer reported $3.16 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $1.43. The oil and gas producer had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $2.98 billion. Hess had a trailing twelve-month return on equity of 22.73% and a net margin of 17.41%. The business's revenue for the quarter was up 36.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.13 earnings per share.

Hess announced a quarterly dividend on Wednesday, May 15th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.4375 per share on Friday, June 28th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for HES.

Hess (NYSE:HES) pays an annual dividend of $1.75 per share and currently has a dividend yield of 1.19%. 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 26.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HES will have a dividend payout ratio of 15.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HES.

ETFs with the largest weight of Hess (NYSE:HES) stock in their portfolio include iShares U.S. Oil & Gas Exploration & Production ETF (IEO), AltShares Event-Driven ET (EVNT), Invesco S&P 500 Equal Weight Energy ETF (RSPG), Invesco S&P 500 Equal Weight Energy ETF (RYE), First Trust Natural Gas ETF (FCG), AltShares Merger Arbitrage ETF (ARB), Strive U.S. Energy ETF (DRLL) and First Trust Merger Arbitrage ETF (MARB).

200 employees have rated Hess Chief Executive Officer John B. Hess on Glassdoor.com. John B. Hess has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Incyte (INCY), (MDVN) (MDVN), Precigen (PGEN), Intel (INTC), First Solar (FSLR), Walt Disney (DIS), Schlumberger (SLB) and Chevron (CVX).

Hess' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.43%), Fayez Sarofim & Co (1.52%), Price T Rowe Associates Inc. MD (1.35%), Bank of New York Mellon Corp (0.68%), KRYGER CAPITAL Ltd (0.36%) and Clearbridge Investments LLC (0.30%). Insiders that own company stock include Andrew P Slentz, Barbara J Lowery-Yilmaz, Corp Hess, Geurt G Schoonman, Gregory P Hill, John B Hess, John P Rielly, Michael Mcknight, Richard D Lynch and Timothy B Goodell.
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Shares of HES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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