Griffin Securities Forecasts Schlumberger Q1 Earnings

Schlumberger Limited (NYSE:SLB - Free Report) - Equities research analysts at Griffin Securities issued their Q1 2026 earnings estimates for Schlumberger in a research note issued on Sunday, May 4th. Griffin Securities analyst K. Simpson expects that the oil and gas company will earn $0.73 per share for the quarter. The consensus estimate for Schlumberger's current full-year earnings is $3.38 per share. Griffin Securities also issued estimates for Schlumberger's Q2 2026 earnings at $0.77 EPS, Q3 2026 earnings at $0.80 EPS, Q4 2026 earnings at $0.84 EPS and FY2026 earnings at $3.14 EPS.

A number of other equities analysts also recently commented on the company. Jefferies Financial Group decreased their price target on Schlumberger from $60.00 to $59.00 and set a "buy" rating for the company in a research note on Thursday, March 27th. BMO Capital Markets decreased their price target on Schlumberger from $53.00 to $48.00 in a research note on Thursday, January 16th. Barclays decreased their price target on Schlumberger from $53.00 to $48.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. Susquehanna dropped their target price on shares of Schlumberger from $48.00 to $46.00 and set a "positive" rating on the stock in a report on Monday, April 28th. Finally, TD Cowen upped their target price on Schlumberger from $53.00 to $55.00 and gave the company a "buy" rating in a report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $53.32.

Schlumberger Stock Up 0.6 %

Shares of SLB traded up $0.19 during trading on Tuesday, reaching $34.51. The company's stock had a trading volume of 7,407,388 shares, compared to its average volume of 13,430,644. Schlumberger has a twelve month low of $31.11 and a twelve month high of $50.94. The company has a quick ratio of 1.11, a current ratio of 1.45 and a debt-to-equity ratio of 0.49. The company has a market cap of $46.94 billion, a price-to-earnings ratio of 11.10, a P/E/G ratio of 10.10 and a beta of 1.06. The company has a fifty day moving average of $37.18 and a two-hundred day moving average of $39.74.

Schlumberger (NYSE:SLB - Get Free Report) last posted its earnings results on Friday, April 25th. The oil and gas company reported $0.72 EPS for the quarter, missing analysts' consensus estimates of $0.73 by ($0.01). Schlumberger had a return on equity of 21.90% and a net margin of 12.29%. The firm had revenue of $8.49 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same period in the previous year, the firm posted $0.75 earnings per share. The company's revenue for the quarter was down 2.5% on a year-over-year basis.

Institutional Investors Weigh In On Schlumberger

A number of institutional investors have recently made changes to their positions in SLB. First Command Advisory Services Inc. boosted its stake in shares of Schlumberger by 300.0% during the first quarter. First Command Advisory Services Inc. now owns 636 shares of the oil and gas company's stock valued at $27,000 after purchasing an additional 477 shares in the last quarter. YANKCOM Partnership bought a new stake in shares of Schlumberger in the fourth quarter valued at $31,000. Stonebridge Financial Group LLC bought a new position in shares of Schlumberger in the fourth quarter worth $32,000. Golden State Wealth Management LLC bought a new position in shares of Schlumberger in the fourth quarter worth $34,000. Finally, Alpine Bank Wealth Management bought a new position in shares of Schlumberger in the 1st quarter worth $34,000. Institutional investors own 81.99% of the company's stock.

Insider Activity

In related news, insider Gavin Rennick sold 26,990 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $40.92, for a total transaction of $1,104,430.80. Following the transaction, the insider now directly owns 53,584 shares in the company, valued at approximately $2,192,657.28. The trade was a 33.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Aparna Raman sold 25,133 shares of the company's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $42.28, for a total transaction of $1,062,623.24. Following the completion of the sale, the insider now directly owns 31,031 shares in the company, valued at approximately $1,311,990.68. The trade was a 44.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by company insiders.

Schlumberger Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Shareholders of record on Wednesday, June 4th will be issued a dividend of $0.285 per share. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $1.14 annualized dividend and a yield of 3.30%. Schlumberger's dividend payout ratio is currently 38.64%.

About Schlumberger

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.