What is Capital One Financial’s Forecast for HP Q1 Earnings?

Helmerich & Payne, Inc. (NYSE:HP) – Capital One Financial reduced their Q1 2025 earnings estimates for shares of Helmerich & Payne in a research report issued to clients and investors on Monday, November 18th. Capital One Financial analyst D. Becker now expects that the oil and gas company will post earnings of $0.80 per share for the quarter, down from their previous forecast of $0.97. The consensus estimate for Helmerich & Payne’s current full-year earnings is $3.57 per share.

Other equities analysts have also issued research reports about the company. The Goldman Sachs Group dropped their target price on Helmerich & Payne from $38.00 to $34.00 and set a “sell” rating on the stock in a report on Thursday, August 29th. Evercore ISI raised Helmerich & Payne to a “strong-buy” rating in a report on Friday, July 26th. Barclays cut their price objective on shares of Helmerich & Payne from $39.00 to $36.00 and set an “equal weight” rating on the stock in a report on Wednesday. Royal Bank of Canada lowered their target price on shares of Helmerich & Payne from $44.00 to $41.00 and set a “sector perform” rating for the company in a report on Friday, November 15th. Finally, Benchmark reiterated a “hold” rating on shares of Helmerich & Payne in a research note on Monday, August 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Helmerich & Payne has an average rating of “Hold” and a consensus price target of $38.57.

Helmerich & Payne Trading Up 1.0 %

NYSE:HP opened at $33.73 on Tuesday. Helmerich & Payne has a 12-month low of $29.46 and a 12-month high of $44.11. The firm has a market cap of $3.33 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 3.62 and a beta of 1.40. The company has a current ratio of 2.67, a quick ratio of 2.40 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average price of $33.65 and a 200 day moving average price of $35.04.

Helmerich & Payne (NYSE:HP) last posted its earnings results on Wednesday, November 13th. The oil and gas company reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. The firm had revenue of $693.79 million for the quarter, compared to analyst estimates of $695.99 million. Helmerich & Payne had a return on equity of 12.44% and a net margin of 12.48%. Helmerich & Payne’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.69 EPS.

Institutional Trading of Helmerich & Payne

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in Helmerich & Payne by 1.0% during the third quarter. Geode Capital Management LLC now owns 2,247,214 shares of the oil and gas company’s stock worth $68,373,000 after purchasing an additional 22,875 shares during the period. Barclays PLC grew its stake in shares of Helmerich & Payne by 320.2% during the 3rd quarter. Barclays PLC now owns 198,415 shares of the oil and gas company’s stock valued at $6,035,000 after buying an additional 151,196 shares during the period. MML Investors Services LLC increased its holdings in shares of Helmerich & Payne by 9.3% during the 3rd quarter. MML Investors Services LLC now owns 28,034 shares of the oil and gas company’s stock worth $853,000 after buying an additional 2,392 shares during the last quarter. Dean Investment Associates LLC purchased a new position in shares of Helmerich & Payne in the 3rd quarter worth $3,047,000. Finally, XTX Topco Ltd purchased a new stake in Helmerich & Payne during the third quarter valued at about $892,000. 96.05% of the stock is owned by hedge funds and other institutional investors.

Helmerich & Payne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 18th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.00 dividend on an annualized basis and a yield of 2.96%. Helmerich & Payne’s dividend payout ratio (DPR) is 29.07%.

Helmerich & Payne Company Profile

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.