NYSE:HPHelmerich & Payne Stock Price, Forecast & News

$20.13

-0.47 (-2.28 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$19.40

Now: $20.13▼

$20.59

50-Day Range

$15.96

MA: $18.19▼

$21.22

52-Week Range

$12.40

Now: $20.13▼

$53.06

Volume3.51 million shs

Average Volume4.56 million shs

Market Capitalization$2.16 billion

P/E RatioN/A

Dividend Yield14.11%

Beta2.1

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.

Beat the Market (BTM) Rank^™

4.2 Analyst's Opinion

Consensus Rating
Helmerich & Payne has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 13 buy ratings, 8 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.87, Helmerich & Payne has a potential upside of 53.4% from its current price of $20.13.
Amount of Analyst Coverage
Helmerich & Payne has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Helmerich & Payne has received 647 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Helmerich & Payne has received 963 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Helmerich & Payne has received 59.81% “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.

3.3 Dividend Strength

Dividend Leadership
Helmerich & Payne is a leading dividend payer. It pays a dividend yield of 14.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Helmerich & Payne has been increasing its dividend for 47 years.
Dividend Coverage
The dividend payout ratio of Helmerich & Payne is 162.29 %. Payout ratios above 75% are not desirable because they may not be sustainable.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Helmerich & Payne insiders have bought more of their company's stock than they have sold. Specifically, they have bought $202,100.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.54% of the stock of Helmerich & Payne is held by insiders.
Percentage Held by Institutions
91.64% of the stock of Helmerich & Payne is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Helmerich & Payne are expected to decrease in the coming year, from ($1.41) to ($2.72) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Helmerich & Payne is -4.32, 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. Sector
The P/E ratio of Helmerich & Payne is -4.32, 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 Ratio
Helmerich & Payne has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.84 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

Phone918-742-5531

Debt

Debt-to-Equity Ratio0.14

Current Ratio2.97

Quick Ratio2.67

Price-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 / Sales0.77

Cash Flow$6.94 per share

Price / Cash Flow2.90

Book Value$32.22 per share

Price / Book0.62

Profitability

EPS (Most Recent Fiscal Year)$1.75

Net Income$-33,660,000.00

Net Margins-19.47%

Return on Equity2.64%

Return on Assets1.80%

Miscellaneous

Employees8,510

Outstanding Shares107,420,000

Market Cap$2.16 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Helmerich & Payne (NYSE:HP) Frequently Asked Questions

How has Helmerich & Payne's stock been impacted by COVID-19 (Coronavirus)?

Helmerich & Payne's stock was trading at $20.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HP stock has increased by 0.6% and is now trading at $20.13. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Helmerich & Payne?

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.

When is Helmerich & Payne's next earnings date?

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

How were Helmerich & Payne's earnings last quarter?

Helmerich & Payne, Inc. (NYSE:HP) issued its earnings results on Thursday, April, 30th. The oil and gas company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.08. The oil and gas company had revenue of $633.64 million for the quarter, compared to analysts' expectations of $554.06 million. Helmerich & Payne had a positive return on equity of 2.64% and a negative net margin of 19.47%. The firm's revenue was down 12.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.56 earnings per share. View Helmerich & Payne's earnings history.

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

Helmerich & Payne announced a quarterly dividend on Friday, March 6th. Shareholders 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 yield of 14.11%. The ex-dividend date is Friday, May 8th. View Helmerich & Payne's dividend history.

What price target have analysts set for HP?

23 brokerages have issued twelve-month target prices for Helmerich & Payne's shares. 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 year. This suggests a possible upside of 53.4% from the stock's current price. View analysts' price targets for Helmerich & Payne.

Has Helmerich & Payne been receiving favorable news coverage?

News coverage about HP stock has been trending neutral on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Helmerich & Payne earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the oil and gas company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutHelmerich & Payne.

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), Diamond Offshore Drilling (DO) 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), CA (CA), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV), Gilead Sciences (GILD), Pfizer (PFE), Johnson & Johnson (JNJ), Cisco Systems (CSCO) and Intel (INTC).

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 institutional and retail investors. Top institutional investors 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.

Which major investors are selling Helmerich & Payne stock?

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.

Which major investors are buying Helmerich & Payne stock?

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.

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 $20.13.

How big of a company is Helmerich & Payne?

Helmerich & Payne has a market capitalization of $2.16 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 5/31/2020 by MarketBeat.com Staff