Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Investment analysts at Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for shares of Helmerich & Payne in a research note issued to investors on Thursday, December 19th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will post earnings per share of $0.63 for the quarter, down from their prior estimate of $0.65. The consensus estimate for Helmerich & Payne's current full-year earnings is $3.12 per share. Zacks Research also issued estimates for Helmerich & Payne's Q2 2025 earnings at $0.68 EPS, Q3 2025 earnings at $0.70 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $2.80 EPS, Q1 2026 earnings at $0.75 EPS, Q4 2026 earnings at $0.88 EPS, FY2026 earnings at $3.41 EPS and FY2027 earnings at $3.69 EPS.
Helmerich & Payne (NYSE:HP - Get Free Report) last announced its quarterly earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 earnings per share for the quarter, meeting analysts' consensus estimates of $0.76. The business had revenue of $693.79 million during the quarter, compared to analysts' expectations of $695.99 million. Helmerich & Payne had a net margin of 12.48% and a return on equity of 12.44%. The business's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the business earned $0.69 earnings per share.
A number of other equities research analysts have also recently weighed in on the company. Royal Bank of Canada dropped their price objective on Helmerich & Payne from $44.00 to $41.00 and set a "sector perform" rating for the company in a research note on Friday, November 15th. Barclays dropped their target price on Helmerich & Payne from $39.00 to $36.00 and set an "equal weight" rating for the company in a research report on Wednesday, November 20th. Citigroup reduced their price target on shares of Helmerich & Payne from $41.00 to $33.00 and set a "neutral" rating on the stock in a research report on Friday, September 13th. Benchmark restated a "hold" rating on shares of Helmerich & Payne in a report on Thursday, November 21st. Finally, The Goldman Sachs Group reduced their target price on shares of Helmerich & Payne from $38.00 to $34.00 and set a "sell" rating on the stock in a report on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $38.57.
Read Our Latest Stock Report on Helmerich & Payne
Helmerich & Payne stock opened at $30.45 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.40 and a current ratio of 2.67. The firm has a 50 day moving average price of $34.27 and a 200 day moving average price of $34.43. Helmerich & Payne has a fifty-two week low of $29.46 and a fifty-two week high of $44.11. The company has a market capitalization of $3.01 billion, a PE ratio of 8.85, a price-to-earnings-growth ratio of 4.21 and a beta of 1.39.
Several institutional investors have recently modified their holdings of HP. State of New Jersey Common Pension Fund D lifted its holdings in shares of Helmerich & Payne by 18.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 58,634 shares of the oil and gas company's stock valued at $1,784,000 after purchasing an additional 9,004 shares during the last quarter. Petrus Trust Company LTA purchased a new stake in Helmerich & Payne in the third quarter valued at approximately $619,000. William B. Walkup & Associates Inc. purchased a new stake in Helmerich & Payne in the second quarter valued at approximately $1,274,000. FMR LLC boosted its holdings in shares of Helmerich & Payne by 510.7% in the third quarter. FMR LLC now owns 140,655 shares of the oil and gas company's stock valued at $4,279,000 after acquiring an additional 117,624 shares during the period. Finally, Barclays PLC grew its position in shares of Helmerich & Payne by 320.2% during the third quarter. Barclays PLC now owns 198,415 shares of the oil and gas company's stock worth $6,035,000 after acquiring an additional 151,196 shares during the last quarter. Hedge funds and other institutional investors own 96.05% of the company's stock.
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.28%. The ex-dividend date is Friday, February 14th. Helmerich & Payne's payout ratio is 29.07%.
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.
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