Zacks Research Forecasts Increased Earnings for Imperial Oil

Imperial Oil Limited (NYSEAMERICAN:IMO - Free Report) TSE: IMO - Equities researchers at Zacks Research boosted their Q2 2025 EPS estimates for shares of Imperial Oil in a research note issued to investors on Friday, May 23rd. Zacks Research analyst R. Department now forecasts that the energy company will post earnings of $1.13 per share for the quarter, up from their prior forecast of $1.04. The consensus estimate for Imperial Oil's current full-year earnings is $5.82 per share. Zacks Research also issued estimates for Imperial Oil's Q4 2025 earnings at $1.18 EPS, FY2025 earnings at $5.36 EPS and Q4 2026 earnings at $1.45 EPS.

IMO has been the topic of several other research reports. Raymond James reaffirmed an "outperform" rating on shares of Imperial Oil in a research report on Monday, May 5th. Scotiabank raised shares of Imperial Oil to a "hold" rating in a research report on Wednesday, March 19th. The Goldman Sachs Group lowered shares of Imperial Oil from a "neutral" rating to a "sell" rating in a research report on Thursday, March 27th. Royal Bank of Canada reissued a "sector perform" rating and issued a $101.00 price target on shares of Imperial Oil in a report on Thursday, April 3rd. Finally, Wolfe Research raised shares of Imperial Oil from a "peer perform" rating to an "outperform" rating in a report on Monday, April 21st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Imperial Oil currently has an average rating of "Hold" and an average target price of $106.33.

Imperial Oil Stock Up 0.6%

IMO traded up $0.41 during midday trading on Monday, reaching $72.13. 10,812 shares of the company were exchanged, compared to its average volume of 482,590. The company has a market cap of $36.72 billion, a price-to-earnings ratio of 10.95 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's fifty day moving average price is $68.48 and its 200 day moving average price is $69.91. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.34.

Institutional Investors Weigh In On Imperial Oil

Several institutional investors have recently added to or reduced their stakes in IMO. Ballentine Partners LLC lifted its holdings in shares of Imperial Oil by 8.0% in the fourth quarter. Ballentine Partners LLC now owns 3,900 shares of the energy company's stock worth $240,000 after buying an additional 288 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Imperial Oil in the fourth quarter worth about $351,000. Blue Trust Inc. lifted its holdings in shares of Imperial Oil by 19.9% in the fourth quarter. Blue Trust Inc. now owns 11,699 shares of the energy company's stock worth $721,000 after buying an additional 1,943 shares in the last quarter. OLD National Bancorp IN lifted its holdings in shares of Imperial Oil by 5.0% in the fourth quarter. OLD National Bancorp IN now owns 3,920 shares of the energy company's stock worth $241,000 after buying an additional 187 shares in the last quarter. Finally, Mediolanum International Funds Ltd lifted its holdings in shares of Imperial Oil by 42.8% in the fourth quarter. Mediolanum International Funds Ltd now owns 14,364 shares of the energy company's stock worth $874,000 after buying an additional 4,308 shares in the last quarter. 20.74% of the stock is owned by hedge funds and other institutional investors.

Imperial Oil Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Wednesday, June 4th will be issued a dividend of $0.523 per share. The ex-dividend date is Wednesday, June 4th. This is an increase from Imperial Oil's previous quarterly dividend of $0.50. This represents a $2.09 annualized dividend and a yield of 2.90%. Imperial Oil's dividend payout ratio is 25.80%.

About Imperial Oil

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.