Q2 EPS Estimate for Helmerich & Payne Reduced by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Equities researchers at Zacks Research reduced their Q2 2026 EPS estimates for shares of 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 per share of ($0.10) for the quarter, down from their prior forecast of ($0.08). The consensus estimate for Helmerich & Payne’s current full-year earnings is $0.13 per share. Zacks Research also issued estimates for Helmerich & Payne’s FY2026 earnings at ($0.04) EPS, Q2 2027 earnings at $0.08 EPS, Q4 2027 earnings at $0.30 EPS, FY2027 earnings at $0.57 EPS, Q1 2028 earnings at $0.20 EPS, Q2 2028 earnings at $0.39 EPS and FY2028 earnings at $1.80 EPS.

Helmerich & Payne (NYSE:HP) last issued its quarterly earnings data 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 business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $990.16 million. During the same period in the previous year, the business earned $0.71 earnings per share. The business’s quarterly revenue was up 50.2% on a year-over-year basis.

Several other equities research analysts have also issued reports on HP. Citigroup raised their target price on shares of Helmerich & Payne from $33.00 to $38.00 and gave the stock a “neutral” rating in a report on Wednesday, February 11th. The Goldman Sachs Group restated a “neutral” rating and issued a $32.00 target price on shares of Helmerich & Payne in a report on Wednesday, January 14th. Susquehanna raised their target price on shares of Helmerich & Payne from $40.00 to $42.00 and gave the stock a “positive” rating in a report on Tuesday, April 7th. Royal Bank Of Canada raised their target price on shares of Helmerich & Payne from $34.00 to $36.00 and gave the stock a “sector perform” rating in a report on Friday, February 6th. Finally, TD Cowen raised their target price on shares of Helmerich & Payne from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Monday, February 9th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $37.80.

Helmerich & Payne Stock Performance

Shares of NYSE:HP opened at $36.38 on Thursday. Helmerich & Payne has a 52 week low of $14.65 and a 52 week high of $37.87. The stock has a market capitalization of $3.63 billion, a P/E ratio of -11.41 and a beta of 0.55. The firm has a fifty day simple moving average of $35.02 and a two-hundred day simple moving average of $30.91. The company has a quick ratio of 1.58, a current ratio of 2.03 and a debt-to-equity ratio of 0.75.

Helmerich & Payne Dividend Announcement

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

Insiders Place Their Bets

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

Institutional Investors Weigh In On Helmerich & Payne

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

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.