NYSE:HPHelmerich & Payne Stock Price, Forecast & News

Helmerich & Payne's stock was trading at $20.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HP shares have decreased by 7.4% and is now trading at $18.53. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 2 sell ratings, 9 hold ratings and 11 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) issued its quarterly earnings data on Thursday, April, 30th. The oil and gas company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.08. The oil and gas company earned $633.64 million during the quarter, compared to the consensus estimate of $554.06 million. Helmerich & Payne had a positive return on equity of 2.64% and a negative net margin of 19.47%. The firm's revenue was down 12.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.56 earnings per share. View Helmerich & Payne's earnings history.

Helmerich & Payne announced a quarterly dividend on Friday, June 5th. Stockholders of record on Monday, August 17th will be given a dividend of $0.25 per share on Monday, August 31st. This represents a $1.00 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date is Friday, August 14th. View Helmerich & Payne's dividend history.

22 equities research analysts have issued 1-year target prices for Helmerich & Payne's stock. Their forecasts range from $14.00 to $62.00. On average, they expect Helmerich & Payne's share price to reach $30.02 in the next twelve months. This suggests a possible upside of 62.0% from the stock's current price. View analysts' price targets for Helmerich & Payne.

News coverage about HP stock has trended negative on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Helmerich & Payne earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Helmerich & Payne.

Helmerich & Payne saw a decrease in short interest in June. As of June 30th, there was short interest totaling 6,500,000 shares, a decrease of 15.8% from the June 15th total of 7,720,000 shares. Based on an average daily trading volume, of 3,720,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 6.3% of the shares of the company are sold short. View Helmerich & Payne's Current Options Chain.

Some companies that are related to Helmerich & Payne include Patterson-UTI Energy (PTEN), Nabors Industries (NBR), 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 Dalton Greiner Hartman Maher & Co. (0.35%), State of Alaska Department of Revenue (0.09%), Envestnet Asset Management Inc. (0.02%) and Ellevest Inc. (0.00%). 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 Envestnet Asset Management Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., State of Alaska Department of Revenue, and Ellevest Inc.. 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 $18.53.

Helmerich & Payne has a market capitalization of $1.99 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]