Q3 EPS Estimate for Helmerich & Payne Decreased by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Investment analysts at Zacks Research decreased their Q3 2026 earnings per share estimates for Helmerich & Payne in a report issued on Tuesday, July 21st. Zacks Research analyst Team now forecasts that the oil and gas company will earn $0.09 per share for the quarter, down from their previous estimate of $0.12. The consensus estimate for Helmerich & Payne’s current full-year earnings is ($0.11) per share. Zacks Research also issued estimates for Helmerich & Payne’s Q2 2028 earnings at ($0.04) EPS.

Helmerich & Payne (NYSE:HP) last issued its quarterly earnings results on Wednesday, May 6th. The oil and gas company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.32). Helmerich & Payne had a negative return on equity of 1.16% and a negative net margin of 9.38%.The company had revenue of $932.36 million for the quarter, compared to analyst estimates of $945.60 million. During the same quarter last year, the company earned $0.01 EPS. The firm’s quarterly revenue was down 8.2% on a year-over-year basis.

HP has been the topic of several other research reports. The Goldman Sachs Group upped their price objective on Helmerich & Payne from $35.00 to $41.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Piper Sandler boosted their target price on Helmerich & Payne from $41.00 to $43.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Morgan Stanley reaffirmed an “underweight” rating and set a $36.00 price target on shares of Helmerich & Payne in a research note on Wednesday, July 15th. Barclays raised their price target on Helmerich & Payne from $39.00 to $47.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Helmerich & Payne in a research report on Wednesday, June 24th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Helmerich & Payne presently has an average rating of “Hold” and an average target price of $39.80.

Helmerich & Payne Trading Up 0.6%

Shares of NYSE HP opened at $35.29 on Thursday. Helmerich & Payne has a 1-year low of $15.17 and a 1-year high of $41.82. The company has a market cap of $3.53 billion, a PE ratio of -9.31 and a beta of 0.60. The company has a current ratio of 1.71, a quick ratio of 1.32 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average of $36.02 and a two-hundred day moving average of $35.40.

Institutional Investors Weigh In On Helmerich & Payne

Several large investors have recently bought and sold shares of HP. EverSource Wealth Advisors LLC boosted its position in shares of Helmerich & Payne by 2,433.8% during the second 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 in the last quarter. Leonteq Securities AG bought a new stake in shares of Helmerich & Payne in the 4th quarter valued at $26,000. Parallel Advisors LLC increased its position in shares of Helmerich & Payne by 407.1% in the 3rd quarter. Parallel Advisors LLC now owns 2,226 shares of the oil and gas company’s stock valued at $49,000 after buying an additional 1,787 shares in the last quarter. Hantz Financial Services Inc. raised its stake in Helmerich & Payne by 24.3% during the 4th quarter. Hantz Financial Services Inc. now owns 2,276 shares of the oil and gas company’s stock worth $65,000 after buying an additional 445 shares during the period. Finally, Strs Ohio acquired a new stake in Helmerich & Payne during the 1st quarter worth $101,000. Institutional investors own 96.05% of the company’s stock.

Helmerich & Payne Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.00 annualized dividend and a yield of 2.8%. Helmerich & Payne’s dividend payout ratio (DPR) is presently -26.39%.

Helmerich & Payne Company Profile

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.