What is Zacks Research’s Forecast for HP FY2026 Earnings?

Posted by George Bondi on Jun 24th, 2026

Helmerich & Payne, Inc. (NYSE:HP – Free Report) – Analysts at Zacks Research boosted their FY2026 earnings estimates for Helmerich & Payne in a research note issued on Friday, June 19th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings of ($0.27) per share for the year, up from their previous forecast of ($0.29). The consensus estimate for Helmerich & Payne’s current full-year earnings is ($0.02) per share. Zacks Research also issued estimates for Helmerich & Payne’s Q1 2027 earnings at $0.15 EPS and Q2 2028 earnings at ($0.06) EPS.

Other equities research analysts have also recently issued research reports about the stock. Barclays upped their price objective on shares of Helmerich & Payne from $39.00 to $47.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Evercore raised shares of Helmerich & Payne from an “in-line” rating to an “outperform” rating and set a $43.00 price target for the company in a research note on Friday, March 20th. Morgan Stanley upped their price target on shares of Helmerich & Payne from $35.00 to $39.00 and gave the company an “underweight” rating in a research report on Thursday, May 14th. Piper Sandler raised their price objective on Helmerich & Payne from $41.00 to $43.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Finally, Susquehanna lifted their price objective on Helmerich & Payne from $42.00 to $43.00 and gave the stock a “positive” rating in a report on Friday, May 8th. 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’s stock. According to data from MarketBeat, Helmerich & Payne has an average rating of “Hold” and an average price target of $40.60.

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Helmerich & Payne Stock Up 0.5%

Shares of NYSE HP opened at $35.64 on Wednesday. The stock has a market capitalization of $3.56 billion, a P/E ratio of -9.40 and a beta of 0.59. Helmerich & Payne has a one year low of $15.08 and a one year high of $41.82. The firm’s 50 day simple moving average is $38.03 and its two-hundred day simple moving average is $34.73. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.71 and a quick ratio of 1.32.

Helmerich & Payne (NYSE:HP – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The oil and gas company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.32). Helmerich & Payne had a negative net margin of 9.38% and a negative return on equity of 1.16%. The firm had revenue of $932.36 million for the quarter, compared to analysts’ expectations of $945.60 million. During the same quarter in the previous year, the business earned $0.01 EPS. The company’s revenue for the quarter was down 8.2% on a year-over-year basis.

Helmerich & Payne Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Tuesday, August 18th. Helmerich & Payne’s dividend payout ratio is currently -26.39%.

Institutional Investors Weigh In On Helmerich & Payne

Institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew 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 worth $25,000 after acquiring an additional 1,582 shares during the last quarter. Leonteq Securities AG purchased a new position in shares of Helmerich & Payne in the fourth quarter valued at about $26,000. Parallel Advisors LLC raised its stake in shares of Helmerich & Payne by 407.1% during the third quarter. Parallel Advisors LLC now owns 2,226 shares of the oil and gas company’s stock valued at $49,000 after acquiring an additional 1,787 shares during the last quarter. Hantz Financial Services Inc. raised its stake in shares of Helmerich & Payne by 24.3% during the fourth quarter. Hantz Financial Services Inc. now owns 2,276 shares of the oil and gas company’s stock valued at $65,000 after acquiring an additional 445 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Helmerich & Payne during the first quarter worth about $101,000. Hedge funds and other institutional investors own 96.05% of the company’s stock.

Helmerich & Payne News Roundup

Here are the key news stories impacting Helmerich & Payne this week:

Positive Sentiment: Zacks Research increased earnings estimates across several future periods, including FY2027 to $1.10 per share and FY2028 to $1.98 per share, signaling stronger longer-term profit expectations for Helmerich & Payne.
Neutral Sentiment: Despite the upgrades, the current full-year consensus remains at a small loss, with analysts still expecting Helmerich & Payne to post a negative EPS for the near term.
Negative Sentiment: The company’s recent earnings backdrop has been weak, with Helmerich & Payne previously reporting a quarterly EPS miss and lower year-over-year revenue, which continues to temper enthusiasm for the stock.

Helmerich & Payne Company Profile

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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.