Zacks Research Has Pessimistic Outlook of HP Q2 Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Zacks Research cut their Q2 2025 earnings per share estimates for Helmerich & Payne in a report issued on Thursday, March 27th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will post earnings of $0.63 per share for the quarter, down from their prior forecast of $0.67. The consensus estimate for Helmerich & Payne’s current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Helmerich & Payne’s Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.63 EPS, FY2025 earnings at $2.57 EPS, Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at $0.69 EPS and FY2026 earnings at $2.66 EPS.

Helmerich & Payne (NYSE:HP) last released its earnings results on Wednesday, February 5th. The oil and gas company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.69 by $0.02. Helmerich & Payne had a return on equity of 11.31% and a net margin of 11.02%.

Several other equities research analysts have also recently commented on the stock. Argus raised shares of Helmerich & Payne to a “hold” rating in a research report on Tuesday, February 11th. Royal Bank of Canada dropped their target price on Helmerich & Payne from $41.00 to $35.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Evercore ISI restated an “in-line” rating and issued a $39.00 price target (down from $48.00) on shares of Helmerich & Payne in a research note on Wednesday, January 15th. Morgan Stanley reaffirmed an “underweight” rating and set a $27.00 price target on shares of Helmerich & Payne in a research report on Thursday, March 27th. Finally, Barclays cut their price objective on Helmerich & Payne from $36.00 to $24.00 and set an “equal weight” rating for the company in a report on Wednesday, February 19th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $36.11.

Helmerich & Payne Stock Performance

Shares of HP stock opened at $26.50 on Monday. Helmerich & Payne has a 12 month low of $23.80 and a 12 month high of $44.11. The company’s fifty day simple moving average is $27.62 and its 200-day simple moving average is $31.57. The firm has a market cap of $2.63 billion, a PE ratio of 8.72, a P/E/G ratio of 3.52 and a beta of 1.43. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.60.

Institutional Trading of Helmerich & Payne

A number of institutional investors have recently modified their holdings of HP. Kestra Investment Management LLC bought a new position in shares of Helmerich & Payne in the fourth quarter worth $27,000. Quarry LP acquired a new stake in Helmerich & Payne during the third quarter worth about $48,000. Covestor Ltd increased its holdings in Helmerich & Payne by 61.3% in the 4th quarter. Covestor Ltd now owns 2,386 shares of the oil and gas company’s stock valued at $76,000 after buying an additional 907 shares during the period. Steph & Co. acquired a new position in shares of Helmerich & Payne in the 4th quarter valued at approximately $87,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Helmerich & Payne by 82.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,805 shares of the oil and gas company’s stock worth $88,000 after acquiring an additional 1,268 shares during the period. 96.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Helmerich & Payne news, CEO John W. Lindsay purchased 20,000 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were acquired at an average cost of $27.55 per share, with a total value of $551,000.00. Following the completion of the transaction, the chief executive officer now owns 691,214 shares in the company, valued at $19,042,945.70. The trade was a 2.98 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Belgacem Chariag acquired 37,356 shares of the business’s stock in a transaction on Monday, February 10th. The stock was acquired at an average cost of $27.08 per share, with a total value of $1,011,600.48. Following the acquisition, the director now directly owns 54,606 shares in the company, valued at approximately $1,478,730.48. This trade represents a 216.56 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.51% of the stock is currently owned by insiders.

Helmerich & Payne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Thursday, May 15th. Helmerich & Payne’s dividend payout ratio is presently 32.89%.

About Helmerich & Payne

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.