Scotiabank Estimates Exxon Mobil FY2026 Earnings

Exxon Mobil Co. (NYSE:XOM) – Analysts at Scotiabank issued their FY2026 earnings estimates for Exxon Mobil in a report released on Wednesday, January 8th. Scotiabank analyst P. Cheng anticipates that the oil and gas company will earn $7.95 per share for the year. Scotiabank currently has a “Sector Outperform” rating and a $145.00 target price on the stock. The consensus estimate for Exxon Mobil’s current full-year earnings is $7.95 per share.

A number of other equities research analysts have also recently commented on the stock. TD Cowen dropped their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. Morgan Stanley dropped their price target on shares of Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. BMO Capital Markets upped their price objective on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Redburn Atlantic reissued a “neutral” rating and set a $120.00 target price (up from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. Finally, Wells Fargo & Company lifted their price target on Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $128.74.

Exxon Mobil Stock Down 1.8 %

Shares of XOM stock opened at $106.83 on Friday. Exxon Mobil has a twelve month low of $95.77 and a twelve month high of $126.34. The stock has a market cap of $469.53 billion, a P/E ratio of 13.30, a P/E/G ratio of 4.65 and a beta of 0.91. The stock has a 50 day moving average of $113.66 and a 200 day moving average of $115.69. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. During the same quarter last year, the business posted $2.27 EPS. The company’s revenue was down .8% on a year-over-year basis.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a yield of 3.71%. Exxon Mobil’s payout ratio is presently 49.32%.

Institutional Investors Weigh In On Exxon Mobil

Several hedge funds and other institutional investors have recently made changes to their positions in XOM. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil in the 2nd quarter worth $35,000. Fairscale Capital LLC acquired a new stake in Exxon Mobil during the second quarter worth about $39,000. Hershey Financial Advisers LLC purchased a new position in Exxon Mobil during the second quarter worth about $46,000. Peterson Financial Group Inc. acquired a new position in Exxon Mobil in the 3rd quarter valued at about $51,000. Finally, Highline Wealth Partners LLC acquired a new position in Exxon Mobil in the 3rd quarter valued at about $54,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.