NYSE:HPHelmerich & Payne Stock Price, Forecast & News

Helmerich & Payne's stock was trading at $20.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HP shares have increased by 2.9% and is now trading at $20.60. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 2 sell ratings, 8 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Helmerich & Payne.

Helmerich & Payne is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Helmerich & Payne.

Helmerich & Payne, Inc. (NYSE:HP) announced its quarterly earnings data on Thursday, April, 30th. The oil and gas company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.08. The oil and gas company had revenue of $633.64 million for the quarter, compared to analyst estimates of $554.06 million. Helmerich & Payne had a positive return on equity of 2.64% and a negative net margin of 19.47%. The business's revenue for the quarter was down 12.1% on a year-over-year basis. During the same period last year, the business earned $0.56 earnings per share. View Helmerich & Payne's earnings history.

Helmerich & Payne announced a quarterly dividend on Friday, March 6th. Investors of record on Monday, May 11th will be paid a dividend of $0.71 per share on Monday, June 1st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 13.79%. The ex-dividend date is Friday, May 8th. View Helmerich & Payne's dividend history.

23 brokerages have issued 1-year target prices for Helmerich & Payne's stock. Their forecasts range from $14.00 to $62.00. On average, they anticipate Helmerich & Payne's stock price to reach $30.87 in the next twelve months. This suggests a possible upside of 49.9% from the stock's current price. View analysts' price targets for Helmerich & Payne.

News headlines about HP stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Helmerich & Payne earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutHelmerich & Payne.

Helmerich & Payne saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 9,390,000 shares, an increase of 9.1% from the March 31st total of 8,610,000 shares. Based on an average trading volume of 3,100,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 8.8% of the company's stock are short sold. View Helmerich & Payne's Current Options Chain.

Some companies that are related to Helmerich & Payne include Patterson-UTI Energy (PTEN), Nabors Industries (NBR), Unit (UNT), Pioneer Energy Services (PESXQ), Diamond Offshore Drilling (DO) and Vantage Drilling (VTGDF). View all competitors.

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), Verizon Communications (VZ), AbbVie (ABBV), Gilead Sciences (GILD), Pfizer (PFE), Johnson & Johnson (JNJ), Cisco Systems (CSCO) and Intel (INTC).

Helmerich & Payne trades on the New York Stock Exchange (NYSE) under the ticker symbol "HP."

Helmerich & Payne's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (16.39%), BlackRock Inc. (8.41%), Invesco Ltd. (2.34%), Prudential PLC (1.91%), Geode Capital Management LLC (1.81%) and Capital World Investors (1.77%). Company insiders that own Helmerich & Payne stock include Chapman Paula Marshall, John R Bell, John W Lindsay, Michael Lennox and Todd Willard Benson. View institutional ownership trends for Helmerich & Payne.

HP stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Bank of New York Mellon Corp, Legal & General Group Plc, Morgan Stanley, Morgan Stanley, Deprince Race & Zollo Inc., Mackay Shields LLC, and Squarepoint Ops LLC. Company insiders that have sold Helmerich & Payne company stock in the last year include John R Bell, and John W Lindsay. View insider buying and selling activity for Helmerich & Payne.

HP stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Prudential PLC, Alps Advisors Inc., AJO LP, Magnolia Group LLC, Parametric Portfolio Associates LLC, Clearbridge Investments LLC, and OLD Republic International Corp. View insider buying and selling activity for Helmerich & Payne.

Shares of HP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HP stock can currently be purchased for approximately $20.60.

Helmerich & Payne has a market capitalization of $2.21 billion and generates $2.80 billion in revenue each year. The oil and gas company earns $-33,660,000.00 in net income (profit) each year or $1.75 on an earnings per share basis. Helmerich & Payne employs 8,510 workers across the globe.

The official website for Helmerich & Payne is www.hpinc.com.

Helmerich & Payne's mailing address is 1437 SOUTH BOULDER AVENUE SUITE 1400, TULSA OK, 74119. The oil and gas company can be reached via phone at 918-742-5531 or via email at [email protected]