Zacks Research Lifts Earnings Estimates for Imperial Oil

Key Points

• Zacks Research has raised its Q1 2026 earnings estimate for Imperial Oil to $1.85 per share, an increase from the previous estimate of $1.81.
• Imperial Oil will pay a quarterly dividend of $0.74 per share on October 1st, up from $0.72, representing an annualized yield of 2.4%.
• Investment analysts have mixed opinions on the stock, with price targets ranging from C$108.00 to C$110.00, resulting in an average rating of "Reduce" for Imperial Oil.

Imperial Oil Limited (TSE:IMO - Free Report) NYSEMKT: IMO - Analysts at Zacks Research upped their Q1 2026 EPS estimates for Imperial Oil in a research report issued to clients and investors on Friday, September 5th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.85 for the quarter, up from their prior forecast of $1.81. The consensus estimate for Imperial Oil's current full-year earnings is $8.62 per share. Zacks Research also issued estimates for Imperial Oil's Q2 2026 earnings at $2.04 EPS, Q4 2026 earnings at $1.73 EPS, FY2026 earnings at $7.12 EPS and Q2 2027 earnings at $1.88 EPS.

IMO has been the topic of a number of other reports. Raymond James Financial cut shares of Imperial Oil from a "moderate buy" rating to a "hold" rating and increased their price target for the company from C$105.00 to C$107.00 in a research report on Thursday, July 3rd. Wolfe Research cut shares of Imperial Oil from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 23rd. TD Securities increased their price target on shares of Imperial Oil from C$95.00 to C$102.00 and gave the company a "hold" rating in a research report on Thursday, August 7th. Tudor Pickering cut shares of Imperial Oil from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 25th. Finally, Desjardins cut shares of Imperial Oil from a "hold" rating to a "strong sell" rating in a report on Tuesday, June 3rd. Eight equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Imperial Oil currently has an average rating of "Reduce" and a consensus price target of C$106.00.

Imperial Oil Price Performance

TSE IMO traded down C$0.99 on Monday, reaching C$125.99. 789,550 shares of the company's stock traded hands, compared to its average volume of 790,614. Imperial Oil has a 12 month low of C$82.98 and a 12 month high of C$127.79. The company has a debt-to-equity ratio of 18.04, a current ratio of 1.44 and a quick ratio of 0.98. The stock has a 50-day simple moving average of C$117.25 and a 200 day simple moving average of C$105.40. The stock has a market cap of C$64.13 billion, a PE ratio of 13.89, a P/E/G ratio of 0.21 and a beta of 1.21.

Imperial Oil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Wednesday, October 1st will be issued a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 2.3%. This is an increase from Imperial Oil's previous quarterly dividend of $0.72. The ex-dividend date is Thursday, September 4th. Imperial Oil's dividend payout ratio (DPR) is presently 29.11%.

Imperial Oil Company Profile

Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves.