NYSE:HP Helmerich & Payne Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Helmerich & Payne, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $14.16 +0.19 (+1.36 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$13.65Now: $14.16▼$14.4050-Day Range$13.97MA: $16.79▼$19.4252-Week Range$12.40Now: $14.16▼$47.33Volume1.55 million shsAverage Volume2.77 million shsMarket Capitalization$1.52 billionP/E RatioN/ADividend Yield7.16%Beta2.06 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.1 Analyst's Opinion Consensus RatingHelmerich & Payne has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 10 buy ratings, 7 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.54, Helmerich & Payne has a forecasted upside of 59.1% from its current price of $14.16.Amount of Analyst CoverageHelmerich & Payne has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Community Rank Outperform VotesHelmerich & Payne has received 650 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHelmerich & Payne has received 968 “underperform” votes. (Add your “underperform” vote.)Community SentimentHelmerich & Payne has received 59.83% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Helmerich & Payne and other stocks. Vote “Outperform” if you believe HP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipHelmerich & Payne is a leading dividend payer. It pays a dividend yield of 7.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHelmerich & Payne has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Helmerich & Payne is 57.14%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.0 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 4.54% of the stock of Helmerich & Payne is held by insiders.Percentage Held by Institutions86.22% 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 in the coming year, from ($1.18) to ($2.69) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Helmerich & Payne is -3.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Helmerich & Payne is -3.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioHelmerich & Payne has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.1Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.05 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Drilling oil & gas wells Sub-IndustryOil & Gas Drilling SectorOils/Energy Current SymbolNYSE:HP Previous Symbol CUSIP42345210 CIK46765 Webwww.hpinc.com Phone918-742-5531Debt Debt-to-Equity Ratio0.14 Current Ratio4.09 Quick Ratio3.62Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.80 billion Price / Sales0.54 Cash Flow$6.32 per share Price / Cash Flow2.24 Book Value$36.66 per share Price / Book0.39Profitability EPS (Most Recent Fiscal Year)$1.75 Net Income$-33,660,000.00 Net Margins-17.81% Return on Equity0.61% Return on Assets0.42%Miscellaneous Employees8,510 Outstanding Shares107,478,000Market Cap$1.52 billion Next Earnings Date11/12/2020 (Estimated) OptionableOptionable $14.16 +0.19 (+1.36 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive HP News and Ratings via Email Sign-up to receive the latest news and ratings for HP and its competitors with MarketBeat's FREE daily newsletter. Helmerich & Payne (NYSE:HP) Frequently Asked Questions How has Helmerich & Payne's stock been impacted by Coronavirus? Helmerich & Payne's stock was trading at $20.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HP stock has decreased by 29.2% and is now trading at $14.16. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Helmerich & Payne? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 4 sell ratings, 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Helmerich & Payne. When is Helmerich & Payne's next earnings date? Helmerich & Payne is scheduled to release its next quarterly earnings announcement on Thursday, November 12th 2020. View our earnings forecast for Helmerich & Payne. How were Helmerich & Payne's earnings last quarter? Helmerich & Payne, Inc. (NYSE:HP) announced its quarterly earnings results on Tuesday, July, 28th. The oil and gas company reported ($0.34) EPS for the quarter, beating the Zacks' consensus estimate of ($0.65) by $0.31. The oil and gas company earned $317.36 million during the quarter, compared to the consensus estimate of $322.38 million. Helmerich & Payne had a negative net margin of 17.81% and a positive return on equity of 0.61%. The firm's revenue for the quarter was down 53.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 EPS. View Helmerich & Payne's earnings history. How often does Helmerich & Payne pay dividends? What is the dividend yield for Helmerich & Payne? Helmerich & Payne declared a quarterly dividend on Friday, September 11th. Investors of record on Friday, November 13th will be paid a dividend of $0.25 per share on Tuesday, December 1st. This represents a $1.00 annualized dividend and a dividend yield of 7.06%. The ex-dividend date of this dividend is Thursday, November 12th. View Helmerich & Payne's dividend history. What price target have analysts set for HP? 21 Wall Street analysts have issued 12-month target prices for Helmerich & Payne's shares. Their forecasts range from $8.00 to $47.30. On average, they anticipate Helmerich & Payne's share price to reach $22.54 in the next twelve months. This suggests a possible upside of 59.1% from the stock's current price. View analysts' price targets for Helmerich & Payne. Are investors shorting Helmerich & Payne? Helmerich & Payne saw a increase in short interest in August. As of August 14th, there was short interest totaling 6,680,000 shares, an increase of 21.5% from the July 30th total of 5,500,000 shares. Based on an average trading volume of 2,170,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 6.4% of the company's stock are sold short. View Helmerich & Payne's Short Interest. Who are some of Helmerich & Payne's key competitors? Some companies that are related to Helmerich & Payne include Patterson-UTI Energy (PTEN), Nabors Industries (NBR), Unit (UNT), Pioneer Energy Services (PESXQ) and Vantage Drilling (VTGDF). View all competitors. 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), Exxon Mobil (XOM), Pfizer (PFE), CA (CA), Verizon Communications (VZ), Johnson & Johnson (JNJ), Boeing (BA), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD). Who are Helmerich & Payne's key executives? Helmerich & Payne's management team includes the following people: Mr. John W. Lindsay, Pres, CEO & Director (Age 58)Mr. Mark W. Smith CPA, VP, CFO, Treasurer & Director (Age 48)Ms. Cara M. Hair, VP of Corp. Services, Chief Legal & Compliance Officer (Age 43)Mr. Robert L. Stauder, Sr. VP & Chief Engineer of Helmerich & Payne International Drilling Co (Age 56)Mr. Dave Wilson, Director of Investor Relations 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 a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.44%), Goldman Sachs Group Inc. (2.39%), Bank of New York Mellon Corp (1.71%), Two Sigma Advisers LP (1.11%), Fisher Asset Management LLC (1.06%) and Principal Financial Group Inc. (0.96%). Company insiders that own Helmerich & Payne stock include John R Bell, John W Lindsay, Michael Lennox and Todd Willard Benson. View institutional ownership trends for Helmerich & Payne. Which institutional investors are selling Helmerich & Payne stock? HP stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Vanguard Group Inc., Robeco Institutional Asset Management B.V., Royal London Asset Management Ltd., FMR LLC, FMR LLC, Charles Schwab Investment Management Inc., and Canada Pension Plan Investment Board. 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. Which institutional investors are buying Helmerich & Payne stock? HP stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., AQR Capital Management LLC, Principal Financial Group Inc., Principal Financial Group Inc., Thrivent Financial for Lutherans, AJO LP, First Trust Advisors LP, and Two Sigma Advisers LP. View insider buying and selling activity for Helmerich & Payne. How do I buy shares of 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. What is Helmerich & Payne's stock price today? One share of HP stock can currently be purchased for approximately $14.16. How big of a company is Helmerich & Payne? Helmerich & Payne has a market capitalization of $1.52 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. What is Helmerich & Payne's official website? The official website for Helmerich & Payne is www.hpinc.com. How can I contact Helmerich & Payne? 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] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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