What is Scotiabank’s Estimate for BP FY2026 Earnings?

BP p.l.c. (NYSE:BP) – Investment analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for BP in a note issued to investors on Thursday, February 19th. Scotiabank analyst P. Cheng now expects that the oil and gas exploration company will post earnings per share of $1.55 for the year, up from their prior estimate of $1.25. The consensus estimate for BP’s current full-year earnings is $3.53 per share. Scotiabank also issued estimates for BP’s FY2027 earnings at $2.10 EPS.

BP (NYSE:BP) last issued its quarterly earnings data on Tuesday, February 10th. The oil and gas exploration company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03. BP had a net margin of 0.03% and a return on equity of 9.68%. The business had revenue of $47.38 billion during the quarter, compared to analyst estimates of $42.19 billion. During the same quarter last year, the business earned $0.44 EPS. The firm’s quarterly revenue was up 3.6% on a year-over-year basis.

A number of other analysts also recently weighed in on BP. BNP Paribas Exane downgraded BP from an “outperform” rating to a “hold” rating and set a $38.50 price objective for the company. in a report on Thursday, February 12th. Wall Street Zen lowered BP from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings upgraded BP from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 30th. Wells Fargo & Company lifted their price objective on BP from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Finally, Evercore set a $38.00 target price on shares of BP and gave the company an “in-line” rating in a research report on Tuesday, January 6th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have issued a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, BP presently has an average rating of “Hold” and a consensus target price of $37.35.

BP Trading Down 0.2%

Shares of NYSE BP opened at $38.32 on Monday. The stock has a market cap of $100.48 billion, a P/E ratio of -3,828.37, a price-to-earnings-growth ratio of 1.79 and a beta of 0.33. The firm has a 50 day moving average price of $36.26 and a two-hundred day moving average price of $35.41. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 1.26. BP has a 52-week low of $25.22 and a 52-week high of $39.51.

Hedge Funds Weigh In On BP

Several institutional investors have recently made changes to their positions in BP. Bollard Group LLC boosted its stake in BP by 12.7% during the 2nd quarter. Bollard Group LLC now owns 337,724 shares of the oil and gas exploration company’s stock valued at $10,108,000 after purchasing an additional 37,974 shares during the last quarter. Vestor Capital LLC lifted its holdings in shares of BP by 2,705.2% in the second quarter. Vestor Capital LLC now owns 57,983 shares of the oil and gas exploration company’s stock valued at $1,735,000 after purchasing an additional 55,916 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of BP by 206.0% during the second quarter. Baird Financial Group Inc. now owns 252,849 shares of the oil and gas exploration company’s stock valued at $7,568,000 after buying an additional 170,221 shares during the last quarter. Leavell Investment Management Inc. bought a new stake in BP during the second quarter worth $216,000. Finally, Arkadios Wealth Advisors lifted its stake in BP by 37.4% during the 2nd quarter. Arkadios Wealth Advisors now owns 66,910 shares of the oil and gas exploration company’s stock valued at $2,003,000 after acquiring an additional 18,211 shares in the last quarter. Institutional investors and hedge funds own 11.01% of the company’s stock.

BP Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, February 20th will be paid a dividend of $0.4992 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.00 annualized dividend and a yield of 5.2%. BP’s dividend payout ratio is currently -19,700.00%.

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.