Positive News SentimentPositive NewsNYSE:HP Helmerich & Payne (HP) Stock Forecast, Price & News $42.82 +0.15 (+0.35%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$42.64▼$43.5450-Day Range$38.27▼$45.9652-Week Range$30.41▼$54.45Volume933,147 shsAverage Volume1.41 million shsMarket Capitalization$4.26 billionP/E Ratio11.24Dividend Yield2.34%Price Target$49.09 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Helmerich & Payne MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside14.6% Upside$49.09 Price TargetShort InterestHealthy4.82% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-8.40Upright™ Environmental ScoreNews Sentiment1.72Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-19.46%From $4.11 to $3.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.10 out of 5 starsOils/Energy Sector129th out of 244 stocksDrilling Oil & Gas Wells Industry5th out of 11 stocks 3.2 Analyst's Opinion Consensus RatingHelmerich & Payne has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 5 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $49.09, Helmerich & Payne has a forecasted upside of 14.6% from its current price of $42.82.Amount of Analyst CoverageHelmerich & Payne has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.82% of the float of Helmerich & Payne has been sold short.Short Interest Ratio / Days to CoverHelmerich & Payne has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Helmerich & Payne has recently increased by 3.61%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldHelmerich & Payne pays a meaningful dividend of 2.34%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHelmerich & Payne does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Helmerich & Payne is 26.25%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Helmerich & Payne will have a dividend payout ratio of 30.21% next year. This indicates that Helmerich & Payne will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHelmerich & Payne has received a -292.02% net impact score from Upright. The largest negative impact of Helmerich & Payne in category "GHG emissions" is driven by its "Natural gas drilling services" and "Oil drilling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Helmerich & Payne is -8.40. Previous Next 3.2 News and Social Media Coverage News SentimentHelmerich & Payne has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Helmerich & Payne this week, compared to 4 articles on an average week.Search InterestOnly 8 people have searched for HP on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat Follows4 people have added Helmerich & Payne to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Helmerich & Payne insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.16% of the stock of Helmerich & Payne is held by insiders.Percentage Held by Institutions96.05% of the stock of Helmerich & Payne is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Helmerich & Payne are expected to decrease by -19.46% in the coming year, from $4.11 to $3.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Helmerich & Payne is 11.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 106.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Helmerich & Payne is 11.24, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 8.47.Price to Book Value per Share RatioHelmerich & Payne has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Helmerich & Payne (NYSE:HP) StockFounded 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.Read More HP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HP Stock News HeadlinesSeptember 7, 2023 | finance.yahoo.comEIC Rose Rock Adds Helmerich & Payne to Corporate Investor RosterSeptember 1, 2023 | stocknews.com3 Best Stocks to Consider in the Energy SectorSeptember 24, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 31, 2023 | finance.yahoo.comIs Helmerich & Payne, Inc. (NYSE:HP) Trading At A 23% Discount?August 31, 2023 | finance.yahoo.comHelmerich & Payne, Inc. To Participate in Conferences in September 2023August 22, 2023 | seekingalpha.comHelmerich & Payne: Customer Budget Exhaustion Is An IssueAugust 21, 2023 | markets.businessinsider.comHelmerich & Payne (HP) Receives a Rating Update from a Top AnalystAugust 11, 2023 | finance.yahoo.comIs It Worth Considering Helmerich & Payne, Inc. (NYSE:HP) For Its Upcoming Dividend?September 24, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.August 10, 2023 | seekingalpha.comHelmerich & Payne, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 10, 2023 | msn.comGoldman Sachs Maintains Helmerich & Payne (HP) Sell RecommendationAugust 2, 2023 | finance.yahoo.comHelmerich & Payne (HP) Beats on Q3 Earnings and RevenuesAugust 2, 2023 | markets.businessinsider.comBarclays Keeps Their Buy Rating on Helmerich & Payne (HP)July 31, 2023 | finance.yahoo.comDo Its Financials Have Any Role To Play In Driving Helmerich & Payne, Inc.'s (NYSE:HP) Stock Up Recently?July 10, 2023 | msn.comRBC Capital Downgrades Helmerich & Payne (HP)June 28, 2023 | msn.comCapital One Initiates Coverage of Helmerich & Payne (HP) with Equal-Weight RecommendationJune 16, 2023 | finance.yahoo.comHelmerich & Payne, Inc. To Participate in J.P. Morgan 2023 Energy, Power and Renewables ConferenceJune 16, 2023 | finance.yahoo.comDrilling Stocks Plunge on Bets for Oil Price SlumpJune 9, 2023 | msn.comHelmerich & Payne (HP) Declares $0.24 DividendJune 8, 2023 | msn.comBarclays Maintains Helmerich & Payne (HP) Overweight RecommendationJune 8, 2023 | markets.businessinsider.comHelmerich & Payne (HP) Gets a Buy from BarclaysJune 6, 2023 | finance.yahoo.comHelmerich & Payne (NYSE:HP) shareholders have endured a 35% loss from investing in the stock five years agoJune 4, 2023 | fool.comHelmerich & Payne (NYSE: HP)May 26, 2023 | finance.yahoo.comWhy Is Helmerich & Payne (HP) Down 1.6% Since Last Earnings Report?May 10, 2023 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Helmerich & Payne (NYSE:HP)May 9, 2023 | markets.businessinsider.com8 Analysts Have This to Say About Helmerich & PayneMay 8, 2023 | msn.comHelmerich & Payne: A Weakening Outlook Could Hurt The Stock PriceSee More Headlines Receive HP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Helmerich & Payne and its competitors with MarketBeat's FREE daily newsletter. Email Address HP Company Calendar Last Earnings7/26/2023Ex-Dividend for 8/31 Dividend8/16/2023Dividend Payable8/31/2023Today9/24/2023Fiscal Year End9/30/2023Next Earnings (Estimated)11/15/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Drilling oil & gas wells Sub-IndustryOil & Gas Drilling SectorOils/Energy Current SymbolNYSE:HP CUSIP42345210 CIK46765 Webwww.hpinc.com Phone918-742-5531Fax918-742-0237Employees7,000Year Founded1920Price Target and Rating Average Stock Price Forecast$49.09 High Stock Price Forecast$71.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+14.6%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.81 Trailing P/E Ratio11.24 Forward P/E Ratio10.42 P/E GrowthN/ANet Income$6.95 million Net Margins14.14% Pretax Margin19.42% Return on Equity14.98% Return on Assets9.41% Debt Debt-to-Equity Ratio0.20 Current Ratio2.29 Quick Ratio2.06 Sales & Book Value Annual Sales$2.06 billion Price / Sales2.07 Cash Flow$3.96 per share Price / Cash Flow10.82 Book Value$26.26 per share Price / Book1.63Miscellaneous Outstanding Shares99,430,000Free Float95,291,000Market Cap$4.26 billion OptionableOptionable Beta1.72 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. John W. Lindsay (Age 58)Pres, CEO & Director Mr. Mark W. Smith CPA (Age 48)VP, CFO, Treasurer & Director Ms. Cara M. Hair (Age 43)VP of Corp. Services, Chief Legal & Compliance Officer Mr. Robert L. Stauder (Age 56)Sr. VP & Chief Engineer of Helmerich & Payne International Drilling Co Mr. Dave WilsonDirector of Investor RelationsKey CompetitorsPatterson-UTI EnergyNASDAQ:PTENNabors IndustriesNYSE:NBRValarisNYSE:VALTransoceanNYSE:RIGHighPeak EnergyNASDAQ:HPKView All CompetitorsInsiders & InstitutionsPortside Wealth Group LLCBought 7,272 shares on 9/1/2023Ownership: 0.007%Wolverine Trading LLCSold 11,600 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 5,423 shares on 8/21/2023Ownership: 0.127%Osaic Holdings Inc.Bought 10,455 shares on 8/21/2023Ownership: 0.031%BOKF NABought 12,147 shares on 8/21/2023Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions HP Stock - 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, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HP, but not buy additional shares or sell existing shares. View HP analyst ratings or view top-rated stocks. What is Helmerich & Payne's stock price forecast for 2023? 10 brokers have issued twelve-month price objectives for Helmerich & Payne's stock. Their HP share price forecasts range from $37.00 to $71.00. On average, they predict the company's share price to reach $49.09 in the next year. This suggests a possible upside of 14.6% 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 2023? Helmerich & Payne's stock was trading at $49.57 on January 1st, 2023. Since then, HP stock has decreased by 13.6% and is now trading at $42.82. View the best growth stocks for 2023 here. Are investors shorting Helmerich & Payne? Helmerich & Payne saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 4,430,000 shares, an increase of 15.4% from the July 31st total of 3,840,000 shares. Based on an average daily trading volume, of 1,370,000 shares, the short-interest ratio is currently 3.2 days. Approximately 4.7% of the company's stock are short sold. 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, November 15th 2023. View our HP earnings forecast. How were Helmerich & Payne's earnings last quarter? Helmerich & Payne, Inc. (NYSE:HP) released its earnings results on Wednesday, July, 26th. The oil and gas company reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.20. The oil and gas company had revenue of $723.96 million for the quarter, compared to the consensus estimate of $702.05 million. Helmerich & Payne had a trailing twelve-month return on equity of 14.98% and a net margin of 14.14%. How often does Helmerich & Payne pay dividends? What is the dividend yield for Helmerich & Payne? Helmerich & Payne announced a quarterly dividend on Wednesday, September 6th. Stockholders of record on Monday, November 20th will be paid a dividend of $0.25 per share on Monday, December 4th. This represents a $1.00 annualized dividend and a dividend yield of 2.34%. The ex-dividend date is Friday, November 17th. Read our dividend analysis for HP. What ETFs hold Helmerich & Payne's stock? ETFs with the largest weight of Helmerich & Payne (NYSE:HP) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Equipment & Services ETF (XES), VanEck Oil Services ETF (OIH), iShares U.S. Oil Equipment & Services ETF (IEZ), Invesco Oil & Gas Services ETF (PXJ), Direxion Daily Oil Services Bull 2X Shares (ONG), Invesco S&P SmallCap Momentum ETF (XSMO) and Opus Small Cap Value Plus ETF (OSCV). 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 2.34%. The dividend payout ratio is 26.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HP will have a dividend payout ratio of 30.21% 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), CA (CA), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Pfizer (PFE), Verizon Communications (VZ), Boeing (BA), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD). What is Helmerich & Payne's stock symbol? Helmerich & Payne trades on the New York Stock Exchange (NYSE) under the ticker symbol "HP." Who are Helmerich & Payne's major shareholders? Helmerich & Payne's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.58%), Dimensional Fund Advisors LP (4.95%), State Street Corp (4.15%), Earnest Partners LLC (2.83%), Van ECK Associates Corp (2.34%) and Boston Trust Walden Corp (2.18%). Insiders that own company stock include Hans Helmerich, John R Bell, John W Lindsay, Michael Lennox, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Helmerich & Payne's stock price today? One share of HP stock can currently be purchased for approximately $42.82. How much money does Helmerich & Payne make? Helmerich & Payne (NYSE:HP) has a market capitalization of $4.26 billion and generates $2.06 billion in revenue each year. The oil and gas company earns $6.95 million in net income (profit) each year or $3.81 on an earnings per share basis. How many employees does Helmerich & Payne have? The company employs 7,000 workers across the globe. How can I contact Helmerich & Payne? Helmerich & Payne's mailing address is 1437 SOUTH BOULDER AVENUE SUITE 1400, TULSA OK, 74119. The official website for the company is www.hpinc.com. The oil and gas company can be reached via phone at 918-742-5531, via email at investor.relations@hpinc.com, or via fax at 918-742-0237. This page (NYSE:HP) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Helmerich & Payne, Inc. 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