Helmerich & Payne - HP Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last twelve months. 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 1 year price targets 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 22.1% from the stock's current price.
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Helmerich & Payne's stock was trading at $23.70 on January 1st, 2022. Since then, HP shares have increased by 77.0% and is now trading at $41.94.
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Helmerich & Payne saw a decrease in short interest in July. As of July 31st, there was short interest totaling 4,380,000 shares, a decrease 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 days-to-cover ratio is currently 3.7 days. Currently, 4.3% of the company's shares are short sold.
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) issued its quarterly earnings results on Wednesday, November, 17th. The oil and gas company reported ($0.62) EPS for the quarter, missing the consensus estimate of ($0.51) by $0.11. The oil and gas company earned $343.81 million during the quarter, compared to analysts' expectations of $350.08 million. Helmerich & Payne had a negative trailing twelve-month return on equity of 3.69% and a negative net margin of 6.65%. The company's quarterly revenue was up 65.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.74) earnings per share.

Helmerich & Payne announced a quarterly dividend on Thursday, June 2nd. Shareholders 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 2.38%. 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 2.26%.
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 many different retail and institutional investors. Top institutional investors 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 Granite Investment Partners LLC (1.03%). 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 $41.94.

Helmerich & Payne (NYSE:HP) has a market capitalization of $4.42 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.