Q4 EPS Estimates for Helmerich & Payne Cut by Zacks Research

Helmerich & Payne, Inc. (NYSE:HP) – Equities researchers at Zacks Research lowered their Q4 2026 EPS estimates for Helmerich & Payne in a report issued on Monday, December 1st. Zacks Research analyst Team now forecasts that the oil and gas company will earn $0.09 per share for the quarter, down from their prior estimate of $0.17. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Helmerich & Payne’s current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Helmerich & Payne’s Q1 2027 earnings at $0.27 EPS, Q2 2027 earnings at $0.15 EPS, Q4 2027 earnings at $0.32 EPS and FY2028 earnings at $1.33 EPS.

A number of other analysts have also issued reports on HP. Susquehanna increased their target price on Helmerich & Payne from $26.00 to $31.00 and gave the company a “positive” rating in a report on Wednesday, November 19th. TD Cowen upped their price target on Helmerich & Payne from $27.00 to $33.00 and gave the company a “hold” rating in a research report on Wednesday, November 26th. Cowen reissued a “hold” rating on shares of Helmerich & Payne in a research note on Wednesday, November 26th. Morgan Stanley lifted their target price on Helmerich & Payne from $20.00 to $23.00 and gave the company an “underweight” rating in a research note on Tuesday, November 25th. Finally, Piper Sandler upped their target price on Helmerich & Payne from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. Two analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $26.70.

Helmerich & Payne Trading Down 0.4%

Helmerich & Payne stock opened at $29.96 on Thursday. Helmerich & Payne has a 52 week low of $14.65 and a 52 week high of $37.30. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.40 and a current ratio of 1.80. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of -17.94 and a beta of 0.56. The company has a 50 day moving average price of $25.69 and a 200 day moving average price of $20.50.

Helmerich & Payne (NYSE:HP) last released its earnings results on Monday, November 17th. The oil and gas company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.27). The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $972.79 million. Helmerich & Payne had a positive return on equity of 3.21% and a negative net margin of 4.37%.The business’s revenue was up 45.8% on a year-over-year basis. During the same period last year, the business earned $0.76 earnings per share.

Hedge Funds Weigh In On Helmerich & Payne

Several institutional investors have recently bought and sold shares of HP. Grace & White Inc. NY boosted its position in shares of Helmerich & Payne by 23.3% in the 2nd quarter. Grace & White Inc. NY now owns 139,742 shares of the oil and gas company’s stock worth $2,118,000 after purchasing an additional 26,400 shares in the last quarter. State of Alaska Department of Revenue increased its position in Helmerich & Payne by 7.6% during the 2nd quarter. State of Alaska Department of Revenue now owns 59,223 shares of the oil and gas company’s stock valued at $897,000 after buying an additional 4,158 shares in the last quarter. Abel Hall LLC purchased a new position in Helmerich & Payne during the second quarter valued at $163,000. Eads & Heald Wealth Management purchased a new position in Helmerich & Payne during the second quarter valued at $377,000. Finally, Tcfg Wealth Management LLC bought a new stake in Helmerich & Payne in the second quarter worth $766,000. 96.05% of the stock is currently owned by institutional investors.

Helmerich & Payne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Tuesday, November 18th were issued a $0.25 dividend. The ex-dividend date was Tuesday, November 18th. This represents a $1.00 dividend on an annualized basis and a yield of 3.3%. Helmerich & Payne’s dividend payout ratio is currently -59.88%.

About Helmerich & Payne

Founded 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.