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

$40.39
-0.05 (-0.12%)
(As of 04/26/2024 ET)
Today's Range
$40.04
$41.20
50-Day Range
$37.83
$43.89
52-Week Range
$30.41
$46.55
Volume
1.25 million shs
Average Volume
1.09 million shs
Market Capitalization
$3.99 billion
P/E Ratio
11.54
Dividend Yield
2.48%
Price Target
$42.63

Helmerich & Payne MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.90 Rating Score
Upside/​Downside
5.5% Upside
$42.63 Price Target
Short Interest
Bearish
12.14% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.40
Upright™ Environmental Score
News Sentiment
0.48mentions of Helmerich & Payne in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.46%
From $3.59 to $3.75 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.

2.87 out of 5 stars

Oils/Energy Sector

121st out of 236 stocks

Drilling Oil & Gas Wells Industry

4th out of 11 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
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What Wall Street expects from Helmerich Payne's earnings
Guru Fundamental Report for HP
Unveiling 7 Analyst Insights On Helmerich & Payne
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Helmerich & Payne Inc. Q1 sales decline
Helmerich & Payne: Q1 Earnings Insights
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 2/27 Dividend
2/12/2024
Dividend Payable
2/27/2024
Today
4/27/2024
Ex-Dividend for 5/31 Dividend
5/16/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
Oil & Gas Drilling
CUSIP
42345210
Employees
6,200
Year Founded
1920

Price Target and Rating

Average Stock Price Target
$42.63
High Stock Price Target
$50.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+5.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.90
Research Coverage
10 Analysts

Profitability

Net Income
$434.10 million
Pretax Margin
17.86%

Debt

Sales & Book Value

Annual Sales
$2.87 billion
Cash Flow
$8.21 per share
Book Value
$28.39 per share

Miscellaneous

Free Float
94,498,000
Market Cap
$3.99 billion
Optionable
Optionable
Beta
1.51

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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 twelve months. 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 Wall Street analysts have issued twelve-month target prices for Helmerich & Payne's stock. Their HP share price targets range from $33.00 to $50.00. On average, they anticipate the company's stock price to reach $42.63 in the next twelve months. This suggests a possible upside of 5.5% 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 start of the year. Since then, HP shares have increased by 11.5% and is now trading at $40.39.
View the best growth stocks for 2024 here
.

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) issued its quarterly earnings data on Tuesday, January, 30th. The oil and gas company reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.24. The oil and gas company earned $677 million during the quarter, compared to the consensus estimate of $661.81 million. Helmerich & Payne had a trailing twelve-month return on equity of 13.21% and a net margin of 12.84%. The firm's revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.11 earnings per share.

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 given a dividend of $0.42 per share on Friday, May 31st. This represents a $1.68 annualized dividend and a dividend yield of 4.16%. 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 2.48%. 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 26.67% 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 many different retail and institutional investors. Top institutional investors include ARGA Investment Management LP (1.40%), Pinnacle Associates Ltd. (0.23%), Allspring Global Investments Holdings LLC (0.23%), New York State Teachers Retirement System (0.15%), Profit Investment Management LLC (0.08%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Hans Helmerich, John R Bell, John W Lindsay, 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 4/28/2024 by MarketBeat.com Staff

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