Imperial Oil Limited Expected to Earn FY2025 Earnings of $8.49 Per Share (TSE:IMO)

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Equities research analysts at Zacks Research raised their FY2025 EPS estimates for shares of Imperial Oil in a note issued to investors on Thursday, September 12th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $8.49 per share for the year, up from their previous estimate of $8.34.

Imperial Oil (TSE:IMO) (NYSEMKT:IMO) last issued its earnings results on Friday, August 2nd. The company reported C$2.11 EPS for the quarter, beating the consensus estimate of C$1.94 by C$0.17. The company had revenue of C$13.38 billion during the quarter, compared to analysts’ expectations of C$14.30 billion. Imperial Oil had a net margin of 10.09% and a return on equity of 22.17%.

A number of other equities analysts have also recently issued reports on the stock. Raymond James set a C$93.00 price objective on shares of Imperial Oil and gave the stock a “market perform” rating in a research report on Wednesday, May 29th. TD Securities upped their price objective on shares of Imperial Oil from C$91.00 to C$92.00 and gave the stock a “hold” rating in a research report on Thursday, August 8th. Desjardins upped their price objective on shares of Imperial Oil from C$92.00 to C$101.00 and gave the stock a “hold” rating in a research report on Tuesday, July 23rd. Scotiabank lowered their price objective on shares of Imperial Oil from C$111.00 to C$110.00 in a research report on Friday, July 12th. Finally, Wolfe Research upgraded shares of Imperial Oil to a “strong-buy” rating in a research report on Thursday, July 18th. Nine equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of C$100.15.

Imperial Oil Price Performance

IMO stock opened at C$91.05 on Monday. The company has a 50 day simple moving average of C$97.56 and a 200 day simple moving average of C$94.71. The stock has a market cap of C$48.79 billion, a price-to-earnings ratio of 9.54, a P/E/G ratio of 0.21 and a beta of 1.80. Imperial Oil has a 1 year low of C$72.03 and a 1 year high of C$106.09. The company has a debt-to-equity ratio of 18.27, a current ratio of 1.40 and a quick ratio of 0.98.

Imperial Oil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Tuesday, October 1st will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend is Wednesday, September 4th. Imperial Oil’s dividend payout ratio is currently 25.16%.

Imperial Oil Company Profile

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.