Zacks Research Forecasts Increased Earnings for Imperial Oil

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Research analysts at Zacks Research boosted their Q1 2025 EPS estimates for Imperial Oil in a note issued to investors on Wednesday, April 30th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $1.83 for the quarter, up from their previous forecast of $1.69. 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 $1.40 EPS, Q3 2025 earnings at $1.79 EPS, Q4 2025 earnings at $1.62 EPS, FY2025 earnings at $6.64 EPS, Q1 2026 earnings at $2.26 EPS, Q2 2026 earnings at $2.23 EPS, Q3 2026 earnings at $1.81 EPS, Q4 2026 earnings at $2.10 EPS, FY2026 earnings at $8.40 EPS and FY2027 earnings at $9.37 EPS.

A number of other research analysts have also recently weighed in on the stock. CIBC lifted their price objective on shares of Imperial Oil from C$105.00 to C$108.00 in a report on Friday, January 17th. The Goldman Sachs Group cut Imperial Oil from a “neutral” rating to a “sell” rating in a report on Thursday, March 27th. Desjardins dropped their price objective on Imperial Oil from C$91.00 to C$85.00 and set a “hold” rating on the stock in a report on Tuesday, April 15th. National Bankshares upped their target price on Imperial Oil from C$109.00 to C$110.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 30th. Finally, Raymond James raised shares of Imperial Oil from a “market perform” rating to an “outperform” rating and dropped their price target for the company from C$108.00 to C$104.00 in a research note on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of C$103.33.

Imperial Oil Stock Up 1.0 %

Imperial Oil stock opened at C$93.91 on Friday. The business’s 50-day moving average price is C$95.33 and its 200 day moving average price is C$98.08. The company has a quick ratio of 0.98, a current ratio of 1.44 and a debt-to-equity ratio of 18.04. The firm has a market cap of C$49.03 billion, a price-to-earnings ratio of 10.09, a price-to-earnings-growth ratio of 0.21 and a beta of 1.78. Imperial Oil has a 52 week low of C$82.98 and a 52 week high of C$108.89.

Imperial Oil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, April 1st were given a dividend of $0.72 per share. This is an increase from Imperial Oil’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $2.88 dividend on an annualized basis and a yield of 3.07%. Imperial Oil’s dividend payout ratio (DPR) is presently 25.78%.

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.