Helmerich & Payne - HP Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 1 sell rating, 2 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.

10 equities research analysts have issued 12-month target prices for Helmerich & Payne's stock. Their HP share price forecasts range from $38.00 to $71.00. On average, they anticipate the company's stock price to reach $60.55 in the next twelve months. This suggests a possible upside of 20.0% 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 $23.70 at the beginning of the year. Since then, HP shares have increased by 112.9% and is now trading at $50.46.
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Helmerich & Payne saw a increase in short interest in October. As of October 31st, there was short interest totaling 4,860,000 shares, an increase of 13.6% from the October 15th total of 4,280,000 shares. Based on an average trading volume of 854,600 shares, the days-to-cover ratio is currently 5.7 days. Approximately 4.8% of the shares of the company are short sold.
View Helmerich & Payne's Short Interest.

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

Helmerich & Payne, Inc. (NYSE:HP) announced its quarterly earnings data on Thursday, November, 17th. The oil and gas company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.03. The oil and gas company had revenue of $631.33 million for the quarter, compared to analyst estimates of $597.29 million. Helmerich & Payne had a net margin of 0.34% and a trailing twelve-month return on equity of 0.45%. The business's revenue was up 83.6% on a year-over-year basis. During the same period last year, the business earned ($0.62) earnings per share.

Helmerich & Payne declared a quarterly dividend on Wednesday, September 7th. Investors of record on Tuesday, November 15th will be paid a dividend of $0.25 per share on Thursday, December 1st. This represents a $1.00 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Monday, November 14th.
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 1.98%. 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 18.42% 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (16.16%), Vanguard Group Inc. (11.29%), Alliancebernstein L.P. (5.53%), Dimensional Fund Advisors LP (4.66%), State Street Corp (3.90%) and Van ECK Associates Corp (2.13%). 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.
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One share of HP stock can currently be purchased for approximately $50.46.

Helmerich & Payne (NYSE:HP) has a market capitalization of $5.32 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.