Q2 EPS Estimates for Imperial Oil Lowered by Zacks Research

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Stock analysts at Zacks Research reduced their Q2 2026 earnings estimates for Imperial Oil in a research note issued on Monday, December 16th. Zacks Research analyst R. Department now forecasts that the company will earn $1.97 per share for the quarter, down from their previous estimate of $2.06. The consensus estimate for Imperial Oil’s current full-year earnings is $8.62 per share.

Other equities analysts have also issued reports about the stock. National Bankshares decreased their target price on shares of Imperial Oil from C$115.00 to C$112.00 in a report on Friday, September 27th. TD Securities upped their price objective on Imperial Oil from C$93.00 to C$96.00 and gave the company a “hold” rating in a research note on Friday, December 13th. JPMorgan Chase & Co. raised their target price on Imperial Oil from C$97.00 to C$100.00 in a research report on Wednesday, November 13th. Royal Bank of Canada lifted their price objective on Imperial Oil from C$99.00 to C$101.00 in a research note on Wednesday, November 6th. Finally, Scotiabank lowered 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. Nine equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of C$103.90.

Imperial Oil Price Performance

Imperial Oil stock opened at C$88.61 on Thursday. The stock’s fifty day moving average price is C$102.39 and its two-hundred day moving average price is C$98.19. The firm has a market cap of C$47.48 billion, a PE ratio of 9.29, a price-to-earnings-growth ratio of 0.21 and a beta of 1.78. 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 has a one year low of C$73.81 and a one year high of C$108.89.

Imperial Oil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Wednesday, January 1st will be given a dividend of $0.60 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $2.40 annualized dividend and a dividend yield of 2.71%. Imperial Oil’s dividend payout ratio (DPR) is presently 25.16%.

Insiders Place Their Bets

In other Imperial Oil news, Director Bradley William Corson purchased 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.

Imperial Oil Company Profile

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.