Imperial Oil (NYSEAMERICAN:IMO - Get Free Report) TSE: IMO is expected to be announcing its Q1 2025 earnings results before the market opens on Friday, May 2nd. Analysts expect Imperial Oil to post earnings of $1.41 per share and revenue of $17.50 billion for the quarter.
Imperial Oil Stock Down 1.2 %
Shares of IMO traded down $0.81 on Wednesday, hitting $67.16. 510,323 shares of the stock traded hands, compared to its average volume of 448,531. The company has a market capitalization of $34.19 billion, a PE ratio of 10.19 and a beta of 1.44. Imperial Oil has a one year low of $58.76 and a one year high of $80.17. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.34. The business has a 50 day simple moving average of $67.82 and a 200 day simple moving average of $69.76.
Imperial Oil Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 5th were issued a $0.4972 dividend. This is a positive change from Imperial Oil's previous quarterly dividend of $0.43. The ex-dividend date was Wednesday, March 5th. This represents a $1.99 dividend on an annualized basis and a dividend yield of 2.96%. Imperial Oil's dividend payout ratio (DPR) is presently 25.80%.
Analysts Set New Price Targets
IMO has been the topic of several recent analyst reports. Wolfe Research raised Imperial Oil from a "peer perform" rating to an "outperform" rating in a research report on Monday. The Goldman Sachs Group cut shares of Imperial Oil from a "neutral" rating to a "sell" rating in a report on Thursday, March 27th. Scotiabank upgraded shares of Imperial Oil to a "hold" rating in a report on Wednesday, March 19th. Royal Bank of Canada reissued a "sector perform" rating and set a $101.00 price target on shares of Imperial Oil in a report on Thursday, April 3rd. Finally, Raymond James raised Imperial Oil from a "market perform" rating to an "outperform" rating in a report on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $106.33.
Read Our Latest Stock Analysis on Imperial Oil
About Imperial Oil
(
Get Free Report)
Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.
Read More
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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
