Research Analysts Offer Predictions for HP Q4 Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Investment analysts at Zacks Research boosted their Q4 2026 earnings estimates for shares of Helmerich & Payne in a research report issued to clients and investors on Tuesday, July 21st. Zacks Research analyst Team now expects that the oil and gas company will post earnings of $0.17 per share for the quarter, up from their prior estimate of $0.15. The consensus estimate for Helmerich & Payne’s current full-year earnings is ($0.12) per share. Zacks Research also issued estimates for Helmerich & Payne’s Q1 2027 earnings at $0.16 EPS, Q2 2027 earnings at $0.15 EPS, Q3 2027 earnings at $0.47 EPS, Q4 2027 earnings at $0.43 EPS, FY2027 earnings at $1.22 EPS, Q1 2028 earnings at $0.92 EPS, Q3 2028 earnings at $0.32 EPS and FY2028 earnings at $2.15 EPS.

Several other analysts have also recently issued reports on the company. Citigroup reduced their price objective on Helmerich & Payne from $38.00 to $36.00 and set a “neutral” rating on the stock in a research note on Monday, June 29th. Piper Sandler increased their price target on Helmerich & Payne from $41.00 to $43.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Morgan Stanley reiterated an “underweight” rating and issued a $36.00 price objective on shares of Helmerich & Payne in a research note on Wednesday, July 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Helmerich & Payne in a research note on Wednesday, June 24th. Finally, Susquehanna reduced their target price on shares of Helmerich & Payne from $43.00 to $40.00 and set a “positive” rating on the stock in a report on Wednesday, July 8th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $39.80.

Helmerich & Payne Stock Performance

Shares of HP stock opened at $34.59 on Wednesday. The company has a quick ratio of 1.32, a current ratio of 1.71 and a debt-to-equity ratio of 0.71. Helmerich & Payne has a 52 week low of $15.17 and a 52 week high of $41.82. The stock has a market capitalization of $3.46 billion, a PE ratio of -9.13 and a beta of 0.60. The firm has a 50 day moving average of $36.25 and a two-hundred day moving average of $35.31.

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

Helmerich & Payne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be issued a $0.25 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. Helmerich & Payne’s dividend payout ratio is presently -26.39%.

Institutional Investors Weigh In On Helmerich & Payne

Several hedge funds and other institutional investors have recently made changes to their positions in HP. Grant Private Wealth Management Inc boosted its holdings in Helmerich & Payne by 39.6% in the second quarter. Grant Private Wealth Management Inc now owns 9,925 shares of the oil and gas company’s stock valued at $325,000 after purchasing an additional 2,815 shares in the last quarter. Integrated Investment Consultants LLC purchased a new stake in shares of Helmerich & Payne during the 1st quarter worth approximately $225,000. Cozad Asset Management Inc. lifted its position in shares of Helmerich & Payne by 19.8% during the 1st quarter. Cozad Asset Management Inc. now owns 59,435 shares of the oil and gas company’s stock worth $2,141,000 after buying an additional 9,839 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Helmerich & Payne by 109.2% in the 1st quarter. Bank of America Corp DE now owns 1,676,169 shares of the oil and gas company’s stock valued at $60,392,000 after buying an additional 874,823 shares in the last quarter. Finally, Kentucky Retirement Systems acquired a new position in shares of Helmerich & Payne in the 1st quarter valued at $319,000. Institutional investors and hedge funds own 96.05% of the company’s stock.

Helmerich & Payne News Summary

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

• Positive Sentiment: Higher EPS forecasts for multiple upcoming quarters, including Q4 2026, Q1 2027, Q2 2027, Q3 2027, and Q4 2027, signal improving earnings momentum for Helmerich & Payne.
• Positive Sentiment: Zacks also lifted its FY2027 estimate to $1.22 per share and FY2028 estimate to $2.15 per share, reinforcing a more optimistic longer-term outlook for the company.
• Positive Sentiment: Helmerich & Payne’s FlexRig is being mobilized for Omega Oil & Gas drilling programs, highlighting continued rig activity and potential revenue opportunities from customer work. Article Title

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.