Helmerich & Payne - HP Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HP shares.
View HP analyst ratings or view top-rated stocks.

11 Wall Street analysts have issued 12-month price objectives for Helmerich & Payne's shares. Their HP share price forecasts range from $38.00 to $71.00. On average, they anticipate the company's share price to reach $60.55 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price.
View analysts price targets for HP or view top-rated stocks among Wall Street analysts.

Helmerich & Payne's stock was trading at $49.57 at the beginning of the year. Since then, HP shares have decreased by 0.1% and is now trading at $49.51.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, January 30th 2023.
View our HP earnings forecast.

Helmerich & Payne will be holding an earnings conference call on Tuesday, January 31st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Helmerich & Payne, Inc. (NYSE:HP) issued its quarterly earnings results on Wednesday, November, 16th. The oil and gas company reported $0.45 earnings per share for the quarter, hitting the consensus estimate of $0.45. The oil and gas company earned $631.33 million during the quarter, compared to analysts' expectations of $597.29 million. Helmerich & Payne had a trailing twelve-month return on equity of 0.45% and a net margin of 0.34%. The firm's revenue was up 83.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.62) EPS.

Helmerich & Payne declared a quarterly dividend on Friday, December 9th. Shareholders of record on Tuesday, February 14th will be given a dividend of $0.485 per share on Tuesday, February 28th. This represents a $1.94 annualized dividend and a yield of 3.92%. The ex-dividend date of this dividend is Monday, February 13th. This is a positive change from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for HP.

Helmerich & Payne (NYSE:HP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.03%. The dividend payout ratio is 2,000.40%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HP will have a dividend payout ratio of 16.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HP.

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.

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).

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

Helmerich & Payne's stock is owned by a number of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (1.76%), Allspring Global Investments Holdings LLC (0.57%), Moody Aldrich Partners LLC (0.14%), Pinnacle Associates Ltd. (0.14%), Calamos Advisors LLC (0.12%) and State of Alaska Department of Revenue (0.07%). 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.

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.

One share of HP stock can currently be purchased for approximately $49.51.

Helmerich & Payne (NYSE:HP) has a market capitalization of $5.22 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 $0.05 on an earnings per share basis.

The company employs 7,000 workers across the globe.

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.