Q4 EPS Estimate for Helmerich & Payne Reduced by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Investment analysts at Zacks Research reduced their Q4 2027 earnings per share estimates for shares of Helmerich & Payne in a report released on Wednesday, March 18th. Zacks Research analyst Team now expects that the oil and gas company will post earnings per share of $0.25 for the quarter, down from their prior estimate of $0.31. 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 FY2028 earnings at $1.51 EPS.

A number of other brokerages also recently issued reports on HP. TD Cowen raised their price target on shares of Helmerich & Payne from $35.00 to $38.00 and gave the company a “hold” rating in a report on Monday, February 9th. Susquehanna reissued a “positive” rating and set a $40.00 price objective on shares of Helmerich & Payne in a report on Friday, February 6th. The Goldman Sachs Group restated a “neutral” rating and set a $32.00 price objective on shares of Helmerich & Payne in a research report on Wednesday, January 14th. Barclays raised their target price on shares of Helmerich & Payne from $36.00 to $39.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Helmerich & Payne in a research note on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $36.80.

Helmerich & Payne Price Performance

NYSE HP opened at $36.42 on Thursday. Helmerich & Payne has a one year low of $14.65 and a one year high of $37.00. The stock has a 50-day moving average of $34.11 and a 200 day moving average of $28.61. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.58 and a current ratio of 2.03. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of -11.42 and a beta of 0.54.

Helmerich & Payne (NYSE:HP) last announced its quarterly earnings results on Wednesday, February 4th. The oil and gas company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.27). Helmerich & Payne had a negative net margin of 7.71% and a positive return on equity of 0.28%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $990.16 million. During the same period in the previous year, the company earned $0.71 earnings per share. The company’s revenue for the quarter was up 50.2% compared to the same quarter last year.

Helmerich & Payne Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, May 18th. Helmerich & Payne’s dividend payout ratio is currently -31.35%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HP. Leonteq Securities AG purchased a new position in shares of Helmerich & Payne during the 4th quarter worth $26,000. Rothschild Investment LLC increased its stake in shares of Helmerich & Payne by 1,377.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,330 shares of the oil and gas company’s stock worth $29,000 after purchasing an additional 1,240 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Helmerich & Payne by 2,433.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,647 shares of the oil and gas company’s stock worth $25,000 after purchasing an additional 1,582 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in Helmerich & Payne by 46.5% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,745 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 554 shares during the period. Finally, Hantz Financial Services Inc. lifted its position in Helmerich & Payne by 184.3% during the third quarter. Hantz Financial Services Inc. now owns 1,831 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 1,187 shares in the last quarter. 96.05% of the stock is currently owned by institutional investors.

Key Helmerich & Payne News

Here are the key news stories impacting Helmerich & Payne this week:

• Positive Sentiment: Evercore upgraded HP from “in-line” to “outperform” and set a $43 price target (about ~18% above current levels), which supports upside expectations and may attract buyers. Finviz
• Positive Sentiment: Zacks raised a couple of forward estimates: Q1 2027 EPS was nudged higher (to $0.20 from $0.17) and FY2028 EPS was slightly increased (to $1.51 from $1.47). These upgrades provide some offset to near-term cuts and suggest Zacks sees improvement later in the planning horizon. MarketBeat
• Negative Sentiment: Zacks issued multiple downward revisions that are likely weighing on sentiment: FY2026 EPS was cut to ($0.03) from $0.10, FY2027 to $0.56 from $0.82, and several quarterly forecasts (Q2–Q4 2026 and parts of 2027) were lowered — including Q2 2026 to ($0.06). Those cuts reduce near-term earnings visibility and could pressure the stock if results or guidance miss expectations. MarketBeat

About Helmerich & Payne

Helmerich & Payne, Inc is a leading provider of contract drilling services to the oil and gas industry, specializing primarily in onshore drilling operations. The company designs, engineers and operates a fleet of advanced drilling rigs, including its proprietary FlexRigs, which are engineered for high efficiency, safety and rapid mobilization. Alongside core drilling services, Helmerich & Payne offers well intervention, workover and coiled tubing services, positioning itself as a comprehensive drilling solutions partner for exploration and production companies worldwide.

Founded in 1920 and headquartered in Tulsa, Oklahoma, Helmerich & Payne has grown through innovation and strategic expansion to serve diverse hydrocarbon basins.