FY2026 EPS Forecast for Helmerich & Payne Reduced by Analyst

Helmerich & Payne, Inc. (NYSE:HP) – Equities research analysts at Zacks Research reduced their FY2026 earnings estimates for shares of Helmerich & Payne in a research report issued on Wednesday, February 18th. Zacks Research analyst Team now forecasts that the oil and gas company will earn $0.10 per share for the year, down from their prior forecast of $0.19. 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 Q1 2027 earnings at $0.17 EPS and Q4 2027 earnings at $0.31 EPS.

HP has been the subject of several other research reports. TD Cowen upped their price objective on shares of Helmerich & Payne from $35.00 to $38.00 and gave the stock a “hold” rating in a research report on Monday, February 9th. Piper Sandler upped their price target on shares of Helmerich & Payne from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Citigroup increased their price target 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. Barclays raised their target price on Helmerich & Payne from $36.00 to $39.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen cut Helmerich & Payne from a “hold” rating to a “sell” rating in a report on Sunday, November 23rd. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Helmerich & Payne currently has a consensus rating of “Hold” and a consensus price target of $36.20.

Helmerich & Payne Stock Performance

NYSE:HP opened at $34.81 on Thursday. The stock has a fifty day moving average price of $31.52 and a 200-day moving average price of $26.07. The company has a market cap of $3.48 billion, a price-to-earnings ratio of -10.91 and a beta of 0.57. 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 $36.73.

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

Helmerich & Payne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. Helmerich & Payne’s dividend payout ratio is currently -31.35%.

Insider Transactions at Helmerich & Payne

In related news, Director Hans Helmerich sold 75,000 shares of Helmerich & Payne stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $28.12, for a total transaction of $2,109,000.00. Following the sale, the director directly owned 496,735 shares in the company, valued at $13,968,188.20. This trade represents a 13.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its stake in shares of Helmerich & Payne by 20.9% in the 4th quarter. Empowered Funds LLC now owns 447,310 shares of the oil and gas company’s stock valued at $12,829,000 after purchasing an additional 77,399 shares during the last quarter. XTX Topco Ltd bought a new stake in Helmerich & Payne during the fourth quarter valued at $791,000. nVerses Capital LLC acquired a new stake in Helmerich & Payne during the 4th quarter worth about $237,000. VARCOV Co. bought a new position in shares of Helmerich & Payne in the 4th quarter worth about $1,739,000. Finally, Wellington Management Group LLP acquired a new position in shares of Helmerich & Payne in the 4th quarter valued at about $2,131,000. 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.