Zacks Research Boosts Earnings Estimates for Imperial Oil

Imperial Oil Limited (TSE:IMO - Free Report) NYSEMKT: IMO - Investment analysts at Zacks Research raised their FY2025 earnings per share (EPS) estimates for Imperial Oil in a research note issued to investors on Monday, September 1st. Zacks Research analyst Team now forecasts that the company will post earnings of $7.49 per share for the year, up from their previous forecast of $7.44. 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 2026 earnings at $1.95 EPS, Q3 2026 earnings at $1.44 EPS and Q1 2027 earnings at $2.94 EPS.IMO has been the topic of several other reports. Desjardins downgraded Imperial Oil from a "hold" rating to a "strong sell" rating in a report on Tuesday, June 3rd. TD Securities increased their price target on Imperial Oil from C$95.00 to C$102.00 and gave the stock a "hold" rating in a research report on Thursday, August 7th. Scotiabank raised their price target on Imperial Oil from C$100.00 to C$110.00 in a research note on Friday, July 11th. Royal Bank Of Canada decreased their price objective on Imperial Oil from C$110.00 to C$108.00 and set a "sector perform" rating for the company in a report on Thursday, August 7th. Finally, Wolfe Research downgraded Imperial Oil from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 23rd. Eight investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Reduce" and an average target price of C$106.00.Read Our Latest Stock Analysis on Imperial OilImperial Oil Stock Down 1.1%Shares of TSE:IMO opened at C$121.63 on Thursday. Imperial Oil has a 1 year low of C$82.98 and a 1 year high of C$125.25. The business has a 50 day simple moving average of C$115.26 and a two-hundred day simple moving average of C$104.25. The firm has a market capitalization of C$61.92 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 0.21 and a beta of 1.16. The company has a debt-to-equity ratio of 18.04, a current ratio of 1.44 and a quick ratio of 0.98. Imperial Oil Increases DividendThe firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Wednesday, October 1st will be issued a dividend of $0.74 per share. The ex-dividend date is Thursday, September 4th. This represents a $2.96 annualized dividend and a dividend yield of 2.4%. This is a boost from Imperial Oil's previous quarterly dividend of $0.72. Imperial Oil's dividend payout ratio (DPR) is currently 29.11%. About Imperial Oil (Get Free Report)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.Featured StoriesFive stocks we like better than Imperial OilAre Penny Stocks a Good Fit for Your Portfolio?Back-to-School Shopping Hits $40B: 3 Retail Stocks to Watch NowA Deeper Look at Bid-Ask SpreadsAlphabet Stock Surges After Dodging Harsh Antitrust Remedies3 Grocery Stocks That Can Help Take a Bite Out of Inflation Why Qualcomm Is Outperforming NVIDIA After Months of Lagging This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Imperial Oil Right Now?Before you consider Imperial Oil, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Imperial Oil wasn't on the list.While Imperial Oil currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here