Zacks Research Forecasts Lower Earnings for Imperial Oil

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Research analysts at Zacks Research decreased their Q1 2025 earnings estimates for shares of Imperial Oil in a research note issued on Monday, December 16th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $1.36 for the quarter, down from their prior forecast of $1.42. The consensus estimate for Imperial Oil’s current full-year earnings is $8.62 per share. Zacks Research also issued estimates for Imperial Oil’s Q2 2025 earnings at $1.58 EPS, Q3 2025 earnings at $1.36 EPS, Q4 2025 earnings at $1.77 EPS, FY2025 earnings at $6.07 EPS, Q1 2026 earnings at $2.08 EPS, Q3 2026 earnings at $1.39 EPS and FY2026 earnings at $7.72 EPS.

Several other equities research analysts have also recently weighed in on the company. Raymond James increased their target price on Imperial Oil from C$101.50 to C$104.00 in a report on Friday, December 13th. Royal Bank of Canada boosted their price objective on Imperial Oil from C$99.00 to C$101.00 in a research report on Wednesday, November 6th. Scotiabank cut shares of Imperial Oil from an “outperform” rating to a “sector perform” rating and set a C$110.00 target price on the stock. in a report on Wednesday, September 25th. BMO Capital Markets lifted their target price on shares of Imperial Oil from C$115.00 to C$120.00 in a research note on Friday, October 4th. Finally, TD Securities increased their price target on shares of Imperial Oil from C$93.00 to C$96.00 and gave the company a “hold” rating in a research report on Friday, December 13th. Nine analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of C$103.90.

Imperial Oil Stock Down 2.8 %

Shares of TSE:IMO opened at C$90.00 on Wednesday. The stock has a market capitalization of C$48.23 billion, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 0.21 and a beta of 1.78. The stock’s 50-day moving average price is C$102.77 and its 200-day moving average price is C$98.24. The company has a current ratio of 1.40, a quick ratio of 0.98 and a debt-to-equity ratio of 18.27. Imperial Oil has a 12-month low of C$73.81 and a 12-month high of C$108.89.

Imperial Oil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Wednesday, January 1st will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.67%. The ex-dividend date is Tuesday, December 3rd. Imperial Oil’s dividend payout ratio (DPR) is currently 25.16%.

Insider Buying and Selling at Imperial Oil

In other news, Director Bradley William Corson acquired 4,800 shares of the stock in a transaction on Thursday, December 12th. The stock was acquired at an average price of C$97.44 per share, with a total value of C$467,713.92. Insiders own 71.26% of the company’s stock.

About Imperial Oil

Imperial Oil is one of Canada’s largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves.