Zacks Research Issues Negative Estimate for BP Earnings

BP p.l.c. (NYSE:BP) – Investment analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for shares of BP in a note issued to investors on Tuesday, March 4th. Zacks Research analyst R. Department now anticipates that the oil and gas exploration company will post earnings of $0.61 per share for the quarter, down from their prior estimate of $0.71. The consensus estimate for BP’s current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP’s Q2 2025 earnings at $0.81 EPS, Q3 2025 earnings at $0.94 EPS, Q4 2025 earnings at $0.93 EPS, FY2025 earnings at $3.29 EPS, Q1 2026 earnings at $0.78 EPS and FY2027 earnings at $4.65 EPS.

BP (NYSE:BP) last posted its quarterly earnings results on Tuesday, February 11th. The oil and gas exploration company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.12). BP had a return on equity of 10.96% and a net margin of 0.20%.

Several other research firms have also commented on BP. Wells Fargo & Company upped their price objective on BP from $30.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 12th. Morgan Stanley reduced their target price on BP from $34.70 to $31.80 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Raymond James increased their price objective on shares of BP from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Piper Sandler lowered their price objective on BP from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, December 19th. Finally, JPMorgan Chase & Co. upgraded BP from an “underweight” rating to a “neutral” rating in a research report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, three have given a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $38.26.

BP Stock Performance

NYSE BP opened at $31.71 on Wednesday. The firm has a market capitalization of $84.88 billion, a P/E ratio of 396.37, a PEG ratio of 1.12 and a beta of 0.58. BP has a fifty-two week low of $27.82 and a fifty-two week high of $40.40. The stock has a 50-day simple moving average of $32.05 and a two-hundred day simple moving average of $31.32. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.97 and a current ratio of 1.25.

BP Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.48 per share. The ex-dividend date is Friday, February 21st. This represents a $1.92 annualized dividend and a yield of 6.06%. BP’s dividend payout ratio (DPR) is 2,375.00%.

Hedge Funds Weigh In On BP

A number of hedge funds have recently modified their holdings of the business. Butensky & Cohen Financial Security Inc. raised its stake in shares of BP by 0.3% in the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 129,215 shares of the oil and gas exploration company’s stock valued at $3,820,000 after acquiring an additional 358 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in shares of BP by 3.3% in the 4th quarter. Sunbelt Securities Inc. now owns 11,839 shares of the oil and gas exploration company’s stock valued at $344,000 after purchasing an additional 380 shares in the last quarter. Atlas Brown Inc. increased its holdings in BP by 1.2% in the fourth quarter. Atlas Brown Inc. now owns 37,338 shares of the oil and gas exploration company’s stock valued at $1,104,000 after buying an additional 437 shares during the last quarter. Horizon Investments LLC lifted its holdings in BP by 3.3% during the 4th quarter. Horizon Investments LLC now owns 19,753 shares of the oil and gas exploration company’s stock worth $584,000 after buying an additional 640 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in shares of BP by 41.0% during the 4th quarter. Versant Capital Management Inc now owns 2,221 shares of the oil and gas exploration company’s stock worth $66,000 after acquiring an additional 646 shares in the last quarter. 11.01% of the stock is currently owned by hedge funds and other institutional investors.

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.