Analysts Set Expectations for Exxon Mobil FY2025 Earnings

Exxon Mobil Corporation (NYSE:XOM - Free Report) - Stock analysts at Scotiabank lifted their FY2025 earnings per share (EPS) estimates for Exxon Mobil in a report issued on Tuesday, July 15th. Scotiabank analyst P. Cheng now forecasts that the oil and gas company will post earnings of $6.25 per share for the year, up from their prior estimate of $6.15. Scotiabank currently has a "Outperform" rating on the stock. The consensus estimate for Exxon Mobil's current full-year earnings is $7.43 per share. Scotiabank also issued estimates for Exxon Mobil's FY2025 earnings at $6.25 EPS.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The business had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $86.11 billion. During the same quarter last year, the firm posted $2.06 earnings per share. Exxon Mobil's revenue was up .1% compared to the same quarter last year.

Several other research firms have also recently commented on XOM. Morgan Stanley reissued an "overweight" rating on shares of Exxon Mobil in a research note on Tuesday. Piper Sandler lifted their target price on Exxon Mobil from $131.00 to $134.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the company an "overweight" rating in a research report on Thursday, June 26th. UBS Group dropped their price target on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $125.42.

Exxon Mobil Stock Performance

XOM stock traded down $0.94 during trading on Friday, reaching $110.72. 3,939,280 shares of the stock were exchanged, compared to its average volume of 15,743,756. The stock has a 50 day simple moving average of $108.65 and a 200-day simple moving average of $108.96. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a market capitalization of $477.17 billion, a P/E ratio of 14.70, a price-to-earnings-growth ratio of 2.09 and a beta of 0.50. The company has a current ratio of 1.24, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were issued a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.58%. Exxon Mobil's payout ratio is 52.52%.

Hedge Funds Weigh In On Exxon Mobil

A number of hedge funds and other institutional investors have recently bought and sold shares of XOM. Broadway Wealth Solutions Inc. lifted its holdings in shares of Exxon Mobil by 12.7% in the second quarter. Broadway Wealth Solutions Inc. now owns 8,083 shares of the oil and gas company's stock valued at $871,000 after purchasing an additional 908 shares in the last quarter. Bourgeon Capital Management LLC grew its stake in Exxon Mobil by 4.0% in the second quarter. Bourgeon Capital Management LLC now owns 19,847 shares of the oil and gas company's stock worth $2,140,000 after purchasing an additional 771 shares in the last quarter. Lockerman Financial Group Inc. boosted its stake in Exxon Mobil by 19.1% in the second quarter. Lockerman Financial Group Inc. now owns 4,889 shares of the oil and gas company's stock valued at $527,000 after acquiring an additional 784 shares during the period. Pennsylvania Capital Management Inc. ADV boosted its position in Exxon Mobil by 1.8% during the 2nd quarter. Pennsylvania Capital Management Inc. ADV now owns 6,428 shares of the oil and gas company's stock valued at $693,000 after purchasing an additional 115 shares during the period. Finally, First United Bank & Trust grew its position in Exxon Mobil by 4.5% in the 2nd quarter. First United Bank & Trust now owns 9,594 shares of the oil and gas company's stock valued at $1,034,000 after buying an additional 411 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

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