NYSE:HPHelmerich & Payne Stock Price, Forecast & News

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 13.6% and is now trading at $22.73. 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) released its quarterly earnings data on Thursday, April, 30th. The oil and gas company reported ($0.01) EPS for the quarter, missing the Zacks' 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 negative net margin of 19.47% and a positive return on equity of 2.64%. Helmerich & Payne's revenue was down 12.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 earnings per share. View Helmerich & Payne's earnings history.

Helmerich & Payne declared a quarterly dividend on Friday, March 6th. Shareholders of record on Monday, May 11th will be given a dividend of $0.71 per share on Monday, June 1st. This represents a $2.84 annualized dividend and a dividend yield of 12.49%. The ex-dividend date of this dividend is Friday, May 8th. View Helmerich & Payne's dividend history.

23 Wall Street analysts have issued twelve-month price targets for Helmerich & Payne's stock. Their forecasts range from $14.00 to $62.00. On average, they anticipate Helmerich & Payne's share price to reach $30.87 in the next twelve months. This suggests a possible upside of 35.8% from the stock's current price. View analysts' price targets for Helmerich & Payne.

News articles about HP stock have been trending extremely negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Helmerich & Payne earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future. View the latest news aboutHelmerich & Payne.

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

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 bought 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 $22.73.

Helmerich & Payne has a market capitalization of $2.44 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]