NYSE:HP Helmerich & Payne - HP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Helmerich & Payne, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $36.78 +0.04 (+0.11%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$36.74▼$37.7150-Day Range$33.65▼$49.5152-Week Range$32.69▼$54.59Volume1.39 million shsAverage Volume1.48 million shsMarket Capitalization$3.84 billionP/E Ratio25.54Dividend Yield2.72%Price Target$60.91 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Helmerich & Payne MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside65.6% Upside$60.91 Price TargetShort InterestBearish5.82% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-8.40Upright™ Environmental ScoreNews Sentiment0.13Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth28.72%From $4.77 to $6.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.59 out of 5 starsOils/Energy Sector77th out of 250 stocksDrilling Oil & Gas Wells Industry3rd out of 10 stocks 4.3 Analyst's Opinion Consensus RatingHelmerich & Payne has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.91, Helmerich & Payne has a forecasted upside of 65.6% from its current price of $36.78.Amount of Analyst CoverageHelmerich & Payne has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.82% of the float of Helmerich & Payne has been sold short.Short Interest Ratio / Days to CoverHelmerich & Payne has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Helmerich & Payne has recently increased by 10.96%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldHelmerich & Payne pays a meaningful dividend of 2.96%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHelmerich & Payne does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Helmerich & Payne is 69.44%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Helmerich & Payne will have a dividend payout ratio of 16.29% next year. This indicates that Helmerich & Payne will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHelmerich & Payne has received a -292.02% net impact score from Upright. The largest negative impact of Helmerich & Payne in category "GHG emissions" is driven by its "Natural gas drilling services" and "Oil drilling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Helmerich & Payne is -8.40. Previous Next 1.7 News and Social Media Coverage News SentimentHelmerich & Payne has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Helmerich & Payne this week, compared to 2 articles on an average week.Search InterestOnly 9 people have searched for HP on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Helmerich & Payne to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Helmerich & Payne insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.16% of the stock of Helmerich & Payne is held by insiders.Percentage Held by Institutions92.42% of the stock of Helmerich & Payne is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Helmerich & Payne are expected to grow by 28.72% in the coming year, from $4.77 to $6.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Helmerich & Payne is 25.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Helmerich & Payne is 25.54, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 63.67.Price to Book Value per Share RatioHelmerich & Payne has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Helmerich & Payne (NYSE:HP) StockFounded 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.Read More Receive HP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Helmerich & Payne and its competitors with MarketBeat's FREE daily newsletter. Email Address HP Stock News HeadlinesMarch 6, 2023 | marketbeat.comHelmerich & Payne Stock, A Lot More Upside Than Meets the EyeMassive investor benefits coming to HP, along with a revised prediction for higher oil prices pushing further alpha in the stock's target price.March 29, 2023 | americanbankingnews.comHelmerich & Payne (NYSE:HP) PT Lowered to $38.00March 30, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. March 23, 2023 | americanbankingnews.comHelmerich & Payne, Inc. (NYSE:HP) Receives $61.70 Average PT from AnalystsMarch 16, 2023 | finance.yahoo.comHelmerich & Payne, Inc. To Participate in Conferences in March 2023March 14, 2023 | finance.yahoo.comIs There An Opportunity With Helmerich & Payne, Inc.'s (NYSE:HP) 36% Undervaluation?March 1, 2023 | finance.yahoo.comHelmerich & Payne (HP) Down 13.1% Since Last Earnings Report: Can It Rebound?February 24, 2023 | finance.yahoo.comTC Energy's (TRP) Q4 Earnings Miss Estimates, Revenues Up Y/YMarch 30, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. February 22, 2023 | finance.yahoo.comDown -13.42% in 4 Weeks, Here's Why You Should You Buy the Dip in Helmerich & Payne (HP)February 22, 2023 | finance.yahoo.comWilliams (WMB) & Chevron Collaborate to Boost Gas ProductionFebruary 21, 2023 | finance.yahoo.comIs Helmerich & Payne, Inc.'s (NYSE:HP) Recent Performance Underpinned By Weak Financials?February 21, 2023 | finance.yahoo.comTechnipFMC (FTI) Secures Two Major Contracts From EquinorFebruary 21, 2023 | finance.yahoo.comSuncor Energy's (SU) Q4 Earnings & Revenues Beat EstimatesFebruary 20, 2023 | finance.yahoo.comMagnolia Oil & Gas' (MGY) Q4 Earnings Beat, Revenues MissFebruary 17, 2023 | finance.yahoo.com3 Deep-Value Dividend Stocks to Buy NowFebruary 14, 2023 | finance.yahoo.comTransocean (RIG) Expands Its Backlog to $8.5 billionFebruary 2, 2023 | finance.yahoo.comHelmerich & Payne, Inc. (NYSE:HP) Q1 2023 Earnings Call TranscriptFebruary 2, 2023 | msn.comIs Helmerich & Payne (HP) a Buy as Wall Street Analysts Look Optimistic?February 1, 2023 | finance.yahoo.comZacks.com featured highlights Helmerich & Payne, UWM Holdings and SprinklrFebruary 1, 2023 | finance.yahoo.comHelmerich & Payne First Quarter 2023 Earnings: Beats ExpectationsJanuary 31, 2023 | seekingalpha.comHelmerich & Payne: Another Good QuarterJanuary 31, 2023 | reuters.comDriller Helmerich & Payne sees moderate growth in customer spending for 2023January 31, 2023 | finance.yahoo.comBet on These 3 Top-Ranked Liquid Stocks for Robust ReturnsJanuary 19, 2023 | finance.yahoo.com5 Stand Out Oil & Energy Stocks to BuyJanuary 19, 2023 | msn.comThe Latest Analyst Ratings for Helmerich & PayneJanuary 9, 2023 | msn.comHelmerich & Payne, Core Labs raised at BofA, seeing more gains in oilfield servicesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Helmerich & Payne and its competitors with MarketBeat's FREE daily newsletter. Email Address HP Company Calendar Last Earnings1/31/2023Ex-Dividend for 2/28 Dividend2/13/2023Dividend Payable2/28/2023Today3/29/2023Next Earnings (Estimated)4/26/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Drilling oil & gas wells Sub-IndustryOil & Gas Drilling SectorOils/Energy Current SymbolNYSE:HP CUSIP42345210 CIK46765 Webwww.hpinc.com Phone918-742-5531Fax918-742-0237Employees7,000Year Founded1920Price Target and Rating Average Stock Price Forecast$60.91 High Stock Price Forecast$72.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+65.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.44 Trailing P/E Ratio25.54 Forward P/E Ratio7.71 P/E GrowthN/ANet Income$6.95 million Net Margins6.56% Pretax Margin9.23% Return on Equity6.43% Return on Assets4.05% Debt Debt-to-Equity Ratio0.20 Current Ratio2.30 Quick Ratio2.10 Sales & Book Value Annual Sales$2.06 billion Price / Sales1.87 Cash Flow$4.31 per share Price / Cash Flow8.54 Book Value$26.26 per share Price / Book1.40Miscellaneous Outstanding Shares104,490,000Free Float100,141,000Market Cap$3.84 billion OptionableOptionable Beta1.67 Social Links Key ExecutivesMr. John W. Lindsay (Age 58)Pres, CEO & Director Mr. Mark W. Smith CPA (Age 48)VP, CFO, Treasurer & Director Ms. Cara M. Hair (Age 43)VP of Corp. Services, Chief Legal & Compliance Officer Mr. Robert L. Stauder (Age 56)Sr. VP & Chief Engineer of Helmerich & Payne International Drilling Co Mr. Dave WilsonDirector of Investor RelationsKey CompetitorsPatterson-UTI EnergyNASDAQ:PTENNabors IndustriesNYSE:NBRTransoceanNYSE:RIGValarisNYSE:VALHighPeak EnergyNASDAQ:HPKView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 5,269 shares on 3/28/2023Ownership: 0.005%Palisade Capital Management LPBought 2,713 shares on 3/24/2023Ownership: 0.039%Rockefeller Capital Management L.P.Bought 367 shares on 3/6/2023Ownership: 0.001%Voya Investment Management LLCSold 2,912 shares on 2/28/2023Ownership: 0.047%NatixisBought 131,000 shares on 2/24/2023Ownership: 0.125%View All Insider TransactionsView All Institutional Transactions HP Stock - Frequently Asked Questions Should I buy or sell Helmerich & Payne stock right now? 10 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 6 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. What is Helmerich & Payne's stock price forecast for 2023? 10 brokers have issued 1 year target prices for Helmerich & Payne's stock. Their HP share price forecasts range from $38.00 to $72.00. On average, they expect the company's share price to reach $60.91 in the next twelve months. This suggests a possible upside of 65.6% from the stock's current price. View analysts price targets for HP or view top-rated stocks among Wall Street analysts. How have HP shares performed in 2023? Helmerich & Payne's stock was trading at $49.57 at the beginning of 2023. Since then, HP shares have decreased by 25.8% and is now trading at $36.78. View the best growth stocks for 2023 here. Are investors shorting Helmerich & Payne? Helmerich & Payne saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 5,870,000 shares, an increase of 11.0% from the February 28th total of 5,290,000 shares. Based on an average daily volume of 1,380,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 5.8% of the shares of the stock are short sold. View Helmerich & Payne's Short Interest. When is Helmerich & Payne's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our HP earnings forecast. How were Helmerich & Payne's earnings last quarter? Helmerich & Payne, Inc. (NYSE:HP) announced its earnings results on Tuesday, January, 31st. The oil and gas company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.81 by $0.30. The oil and gas company had revenue of $719.60 million for the quarter, compared to analysts' expectations of $699.92 million. Helmerich & Payne had a trailing twelve-month return on equity of 6.43% and a net margin of 6.56%. Helmerich & Payne's revenue was up 75.6% on a year-over-year basis. During the same period in the prior year, the business posted ($0.45) EPS. How often does Helmerich & Payne pay dividends? What is the dividend yield for Helmerich & Payne? Helmerich & Payne declared a quarterly dividend on Wednesday, March 1st. Stockholders of record on Thursday, May 18th will be given a dividend of $0.485 per share on Thursday, June 1st. This represents a $1.94 annualized dividend and a dividend yield of 5.27%. The ex-dividend date is Wednesday, May 17th. Read our dividend analysis for HP. What ETFs hold Helmerich & Payne's stock? ETFs with the largest weight of Helmerich & Payne (NYSE:HP) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), Invesco Dynamic Oil & Gas Services ETF (PXJ), SPDR S&P Oil & Gas Equipment & Services ETF (XES), VanEck Oil Services ETF (OIH), iShares U.S. Oil Equipment & Services ETF (IEZ), Direxion Daily Oil Services Bull 2X Shares (ONG), Invesco S&P SmallCap Momentum ETF (XSMO) and Opus Small Cap Value Plus ETF (OSCV). Is Helmerich & Payne a good dividend stock? Helmerich & Payne (NYSE:HP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.96%. The dividend payout ratio is 69.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HP will have a dividend payout ratio of 16.29% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HP. What is John Lindsay's approval rating as Helmerich & Payne's CEO? 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. 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), Johnson & Johnson (JNJ), Pfizer (PFE), Verizon Communications (VZ), Boeing (BA), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD). 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 variety of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (5.16%), Dimensional Fund Advisors LP (4.50%), Van ECK Associates Corp (2.25%), Geode Capital Management LLC (1.82%), Boston Trust Walden Corp (1.76%) and Morgan Stanley (1.39%). 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. How do I buy shares of Helmerich & Payne? 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. What is Helmerich & Payne's stock price today? One share of HP stock can currently be purchased for approximately $36.78. How much money does Helmerich & Payne make? Helmerich & Payne (NYSE:HP) has a market capitalization of $3.84 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 $1.44 on an earnings per share basis. How many employees does Helmerich & Payne have? The company employs 7,000 workers across the globe. How can I contact Helmerich & Payne? 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. This page (NYSE:HP) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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