Zacks Research Reduces Earnings Estimates for Imperial Oil

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Investment analysts at Zacks Research cut their FY2025 earnings per share estimates for Imperial Oil in a research report issued on Thursday, January 23rd. Zacks Research analyst R. Department now expects that the company will post earnings of $6.06 per share for the year, down from their previous estimate of $6.09. 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 Q1 2026 earnings at $2.08 EPS.

Imperial Oil (TSE:IMO) (NYSEMKT:IMO) last issued its quarterly earnings data on Friday, November 1st. The company reported C$2.33 earnings per share for the quarter, topping analysts’ consensus estimates of C$2.02 by C$0.31. Imperial Oil had a return on equity of 22.17% and a net margin of 10.09%. During the same quarter last year, the company posted $2.76 EPS.

Several other brokerages have also issued reports on IMO. Wolfe Research lowered shares of Imperial Oil from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 3rd. CIBC boosted their price target on shares of Imperial Oil from C$105.00 to C$108.00 in a research note on Friday, January 17th. BMO Capital Markets boosted their target price on shares of Imperial Oil from C$115.00 to C$120.00 in a research report on Friday, October 4th. Royal Bank of Canada lifted their price target on Imperial Oil from C$99.00 to C$101.00 in a research note on Wednesday, November 6th. Finally, TD Securities increased their price target on 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. Ten investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$104.20.

Imperial Oil Stock Up 0.7 %

Shares of TSE IMO opened at C$101.29 on Monday. The company’s 50 day moving average price is C$97.74 and its 200-day moving average price is C$98.75. Imperial Oil has a 52-week low of C$75.53 and a 52-week high of C$108.89. The company has a market capitalization of C$54.28 billion, a P/E ratio of 10.62, 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 quick ratio of 0.98 and a current ratio of 1.40.

Insider Activity at Imperial Oil

In related news, Director Bradley William Corson bought 4,800 shares of the stock in a transaction dated Thursday, December 12th. The stock was bought at an average price of C$97.44 per share, with a total value of C$467,713.92. 71.26% of the stock is currently owned by insiders.

Imperial Oil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Wednesday, January 1st were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.37%. The ex-dividend date was Tuesday, December 3rd. Imperial Oil’s payout ratio is 25.16%.

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.