Shares of Exxon Mobil Corporation (NYSE:XOM - Get Free Report) rose 1.1% during trading on Thursday . The company traded as high as $112.18 and last traded at $112.25. Approximately 4,108,139 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 15,700,749 shares. The stock had previously closed at $111.05.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the stock. TD Cowen upped their price objective on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a research report on Monday, June 23rd. Scotiabank cut their price target on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a research note on Friday, April 11th. Royal Bank Of Canada restated a "sector perform" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. UBS Group cut their target price on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $125.40.
Check Out Our Latest Analysis on XOM
Exxon Mobil Stock Up 1.0%
The stock has a market capitalization of $483.33 billion, a P/E ratio of 14.87, a price-to-earnings-growth ratio of 2.12 and a beta of 0.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. The stock has a fifty day moving average price of $107.17 and a 200 day moving average price of $108.45.
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 the consensus estimate of $86.11 billion. During the same quarter last year, the company earned $2.06 EPS. The firm's revenue was up .1% compared to the same quarter last year. On average, research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.
Exxon Mobil Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. 10Elms LLP purchased a new position in Exxon Mobil during the fourth quarter worth about $25,000. Graybill Wealth Management LTD. purchased a new position in shares of Exxon Mobil during the first quarter worth about $29,000. Fairway Wealth LLC bought a new position in shares of Exxon Mobil in the fourth quarter worth approximately $31,000. Elequin Capital LP purchased a new stake in shares of Exxon Mobil during the 1st quarter valued at $31,000. Finally, Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $32,000. 61.80% of the stock is owned by institutional investors.
Exxon Mobil Company Profile
(
Get Free Report)
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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