Helmerich & Payne (HP) Stock Price, News & Analysis

+0.28 (+0.73%)
(As of 05/17/2024 ET)
Today's Range
50-Day Range
52-Week Range
950,487 shs
Average Volume
1.18 million shs
Market Capitalization
$3.80 billion
P/E Ratio
Dividend Yield
Price Target

Helmerich & Payne MarketRank™ Stock Analysis

Analyst Rating
1.90 Rating Score
9.1% Upside
$42.00 Price Target
Short Interest
10.95% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
1.47mentions of Helmerich & Payne in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.05 M Sold Last Quarter
Proj. Earnings Growth
From $3.51 to $3.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.98 out of 5 stars

Oils/Energy Sector

122nd out of 241 stocks

Drilling Oil & Gas Wells Industry

6th out of 12 stocks

HP stock logo

About Helmerich & Payne Stock (NYSE:HP)

Founded in 1920, Helmerich & Payne, Inc. (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. H&P’s fleet includes 299 land rigs in the U.S., 31 international land rigs and eight offshore platform rigs.

HP Stock Price History

HP Stock News Headlines

What Analysts Are Saying About Helmerich & Payne Stock
What Wall Street expects from Helmerich Payne's earnings
Guru Fundamental Report for HP
Unveiling 7 Analyst Insights On Helmerich & Payne
See More Headlines
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Company Calendar

Ex-Dividend for 2/27 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 5/31 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Drilling oil & gas wells
Oil & Gas Drilling
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
10 Analysts


Net Income
$434.10 million
Pretax Margin


Sales & Book Value

Annual Sales
$2.75 billion
Cash Flow
$8.28 per share
Book Value
$28.39 per share


Free Float
Market Cap
$3.80 billion

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HP Stock Analysis - Frequently Asked Questions

Should I buy or sell Helmerich & Payne stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 2 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" HP shares.
View HP analyst ratings
or view top-rated stocks.

What is Helmerich & Payne's stock price target for 2024?

10 brokerages have issued 1 year price objectives for Helmerich & Payne's shares. Their HP share price targets range from $33.00 to $50.00. On average, they expect the company's share price to reach $42.00 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price.
View analysts price targets for HP
or view top-rated stocks among Wall Street analysts.

How have HP shares performed in 2024?

Helmerich & Payne's stock was trading at $36.22 at the beginning of 2024. Since then, HP shares have increased by 6.3% and is now trading at $38.49.
View the best growth stocks for 2024 here

Are investors shorting Helmerich & Payne?

Helmerich & Payne saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 10,420,000 shares, a drop of 9.9% from the April 15th total of 11,560,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the days-to-cover ratio is currently 8.8 days. Currently, 11.0% of the shares of the company are sold short.
View Helmerich & Payne's Short Interest

When is Helmerich & Payne's next earnings date?

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

How were Helmerich & Payne's earnings last quarter?

Helmerich & Payne, Inc. (NYSE:HP) announced its quarterly earnings results on Thursday, April, 25th. The oil and gas company reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $0.85 by $0.01. The oil and gas company earned $687.94 million during the quarter, compared to analyst estimates of $682.51 million. Helmerich & Payne had a net margin of 12.84% and a trailing twelve-month return on equity of 13.21%. The business's revenue for the quarter was down 10.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 EPS.

How often does Helmerich & Payne pay dividends? What is the dividend yield for Helmerich & Payne?

Helmerich & Payne declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, May 17th will be paid a dividend of $0.42 per share on Friday, May 31st. This represents a $1.68 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Thursday, May 16th.
Read our dividend analysis for HP

Is Helmerich & Payne a good dividend stock?

Helmerich & Payne (NYSE:HP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.62%. The dividend payout ratio is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HP will have a dividend payout ratio of 27.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HP.

What is John Lindsay's approval rating as Helmerich & Payne's CEO?

97 employees have rated Helmerich & Payne Chief Executive Officer John Lindsay on Glassdoor.com. John Lindsay has an approval rating of 92% among the company's employees. This puts John Lindsay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Helmerich & Payne own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Helmerich & Payne investors own include AT&T (T), Xtrackers California Municipal Bond ETF (CA), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Pfizer (PFE), Verizon Communications (VZ), Boeing (BA), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD).

Who are Helmerich & Payne's major shareholders?

Helmerich & Payne's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.41%), Earnest Partners LLC (3.04%), Van ECK Associates Corp (1.62%), ARGA Investment Management LP (1.40%), LSV Asset Management (0.79%) and Principal Financial Group Inc. (0.55%). Insiders that own company stock include Cara M Hair, Hans Helmerich, John R Bell, John W Lindsay, Mark W Smith, Raymond John Adams III, Sara Marie Momper and Todd Willard Benson.
View institutional ownership trends

How do I buy shares of Helmerich & Payne?

Shares of HP 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.
Compare Top Brokerages Here.

This page (NYSE:HP) was last updated on 5/19/2024 by MarketBeat.com Staff

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