Zacks Research Has Positive Estimate for HP Q4 Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Analysts at Zacks Research upped their Q4 2026 earnings estimates for Helmerich & Payne in a research report issued on Tuesday, April 21st. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of $0.14 per share for the quarter, up from their prior estimate of $0.12. The consensus estimate for Helmerich & Payne’s current full-year earnings is $0.15 per share. Zacks Research also issued estimates for Helmerich & Payne’s Q1 2027 earnings at $0.16 EPS.

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

A number of other research analysts have also recently commented on the stock. Morgan Stanley boosted their target price on shares of Helmerich & Payne from $30.00 to $35.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 15th. Citigroup boosted their target price on shares of Helmerich & Payne from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of Helmerich & Payne in a research report on Friday, March 27th. Royal Bank Of Canada upped their price target on shares of Helmerich & Payne from $34.00 to $36.00 and gave the company a “sector perform” rating in a report on Friday, February 6th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $32.00 price target on shares of Helmerich & Payne in a report on Wednesday, January 14th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $37.80.

Helmerich & Payne Trading Up 5.7%

NYSE HP opened at $35.61 on Wednesday. The company’s fifty day simple moving average is $34.98 and its 200-day simple moving average is $30.87. Helmerich & Payne has a 52 week low of $14.65 and a 52 week high of $37.87. The company has a current ratio of 2.03, a quick ratio of 1.58 and a debt-to-equity ratio of 0.75. The stock has a market cap of $3.56 billion, a P/E ratio of -11.16 and a beta of 0.55.

Hedge Funds Weigh In On Helmerich & Payne

A number of hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Helmerich & Payne by 3.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,165,265 shares of the oil and gas company’s stock valued at $148,141,000 after purchasing an additional 194,935 shares during the last quarter. State Street Corp lifted its stake in Helmerich & Payne by 0.8% during the fourth quarter. State Street Corp now owns 4,222,536 shares of the oil and gas company’s stock valued at $121,102,000 after buying an additional 33,193 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Helmerich & Payne by 7.7% in the third quarter. American Century Companies Inc. now owns 3,474,036 shares of the oil and gas company’s stock worth $76,741,000 after buying an additional 249,425 shares during the period. Invesco Ltd. boosted its holdings in shares of Helmerich & Payne by 15.5% in the fourth quarter. Invesco Ltd. now owns 3,468,526 shares of the oil and gas company’s stock worth $99,477,000 after buying an additional 465,440 shares during the period. Finally, Balyasny Asset Management L.P. boosted its holdings in shares of Helmerich & Payne by 4.3% in the third quarter. Balyasny Asset Management L.P. now owns 2,132,265 shares of the oil and gas company’s stock worth $47,102,000 after buying an additional 87,882 shares during the period. 96.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Helmerich & Payne

In related news, SVP Cara M. Hair sold 58,771 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $36.62, for a total value of $2,152,194.02. Following the completion of the transaction, the senior vice president owned 175,589 shares in the company, valued at $6,430,069.18. This represents a 25.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 4.40% of the stock is owned by corporate insiders.

Helmerich & Payne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 18th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, May 18th. Helmerich & Payne’s dividend payout ratio is currently -31.35%.

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.