Zacks Research Forecasts Stronger Earnings for Imperial Oil

Imperial Oil Limited (NYSEAMERICAN:IMO) (TSE:IMO) – Investment analysts at Zacks Research lifted their Q1 2025 EPS estimates for shares of Imperial Oil in a report issued on Thursday, February 20th. Zacks Research analyst R. Department now anticipates that the energy company will post earnings of $1.20 per share for the quarter, up from their previous estimate of $1.04. The consensus estimate for Imperial Oil’s current full-year earnings is $5.82 per share. Zacks Research also issued estimates for Imperial Oil’s Q2 2025 earnings at $0.90 EPS, Q3 2025 earnings at $1.17 EPS, Q4 2025 earnings at $1.20 EPS, FY2025 earnings at $4.47 EPS, Q2 2026 earnings at $1.62 EPS, FY2026 earnings at $6.18 EPS and FY2027 earnings at $7.00 EPS.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. lowered shares of Imperial Oil from a “neutral” rating to an “underweight” rating in a research note on Thursday, December 19th. Wolfe Research lowered shares of Imperial Oil from an “outperform” rating to a “peer perform” rating in a research note on Friday, January 3rd. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, Imperial Oil presently has an average rating of “Hold” and a consensus target price of $109.00.

Imperial Oil Trading Down 0.8 %

Shares of IMO stock opened at $68.40 on Monday. The company has a current ratio of 1.34, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. Imperial Oil has a 1 year low of $60.95 and a 1 year high of $80.17. The firm has a market capitalization of $34.82 billion, a price-to-earnings ratio of 10.38 and a beta of 1.44.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Winch Advisory Services LLC acquired a new position in shares of Imperial Oil during the 4th quarter worth about $26,000. BNP Paribas Financial Markets bought a new stake in shares of Imperial Oil during the 3rd quarter worth about $28,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Imperial Oil during the 4th quarter worth about $41,000. Group One Trading LLC boosted its holdings in shares of Imperial Oil by 29.7% during the 4th quarter. Group One Trading LLC now owns 755 shares of the energy company’s stock worth $47,000 after buying an additional 173 shares during the period. Finally, Allworth Financial LP boosted its holdings in shares of Imperial Oil by 21.0% during the 3rd quarter. Allworth Financial LP now owns 1,347 shares of the energy company’s stock worth $95,000 after buying an additional 234 shares during the period. 20.74% of the stock is currently owned by institutional investors and hedge funds.

Imperial Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 5th will be paid a dividend of $0.4972 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This is a positive change from Imperial Oil’s previous quarterly dividend of $0.43. This represents a $1.99 annualized dividend and a dividend yield of 2.91%. Imperial Oil’s payout ratio is currently 25.80%.

About Imperial Oil

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.