Q2 EPS Forecast for Helmerich & Payne Reduced by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Stock analysts at Zacks Research reduced their Q2 2026 EPS estimates for Helmerich & Payne in a research report issued on Wednesday, March 18th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of ($0.06) per share for the quarter, down from their prior estimate of $0.01. 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 2026 earnings at $0.07 EPS, Q4 2026 earnings at $0.11 EPS, FY2026 earnings at ($0.03) EPS, Q1 2027 earnings at $0.20 EPS, Q2 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.03 EPS, FY2027 earnings at $0.56 EPS and Q1 2028 earnings at $0.17 EPS.

Helmerich & Payne (NYSE:HP) last announced its quarterly earnings results on Wednesday, February 4th. The oil and gas company reported ($0.15) earnings per share (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 for the quarter, compared to analysts’ expectations of $990.16 million. During the same period last year, the firm earned $0.71 earnings per share. The firm’s quarterly revenue was up 50.2% on a year-over-year basis.

Other equities analysts also recently issued reports about the company. Wall Street Zen downgraded Helmerich & Payne from a “hold” rating to a “sell” rating in a report on Sunday, November 23rd. Piper Sandler boosted their price objective on shares of Helmerich & Payne from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Susquehanna restated a “positive” rating and set a $40.00 price objective on shares of Helmerich & Payne in a research report on Friday, February 6th. Royal Bank Of Canada boosted their price target on shares of Helmerich & Payne from $34.00 to $36.00 and gave the company a “sector perform” rating in a research report on Friday, February 6th. Finally, TD Cowen raised their price objective on Helmerich & Payne from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Monday, February 9th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $36.20.

Helmerich & Payne Price Performance

Shares of NYSE HP opened at $35.91 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.58 and a current ratio of 2.03. Helmerich & Payne has a fifty-two week low of $14.65 and a fifty-two week high of $36.96. The firm has a market capitalization of $3.59 billion, a PE ratio of -11.26 and a beta of 0.54. The stock’s 50-day simple moving average is $33.99 and its 200-day simple moving average is $28.50.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HP. EverSource Wealth Advisors LLC boosted its holdings in Helmerich & Payne by 2,433.8% in 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 purchasing an additional 1,582 shares in the last quarter. Leonteq Securities AG acquired a new stake in shares of Helmerich & Payne in the 4th quarter valued at approximately $26,000. Rothschild Investment LLC lifted its holdings in shares of Helmerich & Payne by 1,377.8% in 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 during the period. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Helmerich & Payne by 46.5% in the third 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. boosted its stake in shares of Helmerich & Payne by 184.3% in the third 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. 96.05% of the stock is owned by hedge funds and other institutional investors.

Helmerich & Payne Dividend Announcement

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

Helmerich & Payne Company Profile

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.