Helmerich & Payne - HP Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HP, but not buy additional shares or sell existing shares.
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9 brokerages have issued 12-month target prices for Helmerich & Payne's stock. Their HP share price forecasts range from $38.00 to $62.00. On average, they predict the company's share price to reach $51.22 in the next twelve months. This suggests a possible upside of 25.8% 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 on January 1st, 2022. Since then, HP shares have increased by 71.9% and is now trading at $40.73.
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Helmerich & Payne saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 4,380,000 shares, a drop of 12.6% from the July 15th total of 5,010,000 shares. Based on an average daily volume of 1,180,000 shares, the short-interest ratio is presently 3.7 days. Approximately 4.3% of the shares of the stock are sold short.
View Helmerich & Payne's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
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Helmerich & Payne, Inc. (NYSE:HP) announced its earnings results on Wednesday, November, 17th. The oil and gas company reported ($0.62) earnings per share for the quarter, missing the consensus estimate of ($0.51) by $0.11. The oil and gas company had revenue of $343.81 million for the quarter, compared to the consensus estimate of $350.08 million. Helmerich & Payne had a negative net margin of 6.65% and a negative trailing twelve-month return on equity of 3.69%. The firm's revenue was up 65.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.74) earnings per share.

Helmerich & Payne announced a quarterly dividend on Thursday, June 2nd. Stockholders of record on Wednesday, August 17th will be given a dividend of $0.25 per share on Thursday, September 1st. This represents a $1.00 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend is Tuesday, August 16th.
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 2.45%.
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 shareholders include State Street Corp (4.00%), Van ECK Associates Corp (2.81%), Boston Trust Walden Corp (1.72%), Northern Trust Corp (1.42%), Principal Financial Group Inc. (1.18%) and Thrivent Financial for Lutherans (1.05%). 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 $40.73.

Helmerich & Payne (NYSE:HP) has a market capitalization of $4.29 billion and generates $1.22 billion in revenue each year. The oil and gas company earns $-326,150,000.00 in net income (profit) each year or ($1.11) on an earnings per share basis.

The company employs 5,444 workers across the globe.

Helmerich & Payne was founded in 1920.

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.