Scotiabank Forecasts Shell's FY2026 Earnings (NYSE:SHEL)

Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) - Stock analysts at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for Shell in a report issued on Tuesday, July 15th. Scotiabank analyst P. Cheng now anticipates that the energy company will post earnings of $5.20 per share for the year, down from their prior forecast of $5.70. Scotiabank currently has a "Outperform" rating on the stock. The consensus estimate for Shell's current full-year earnings is $7.67 per share.

Several other equities research analysts have also weighed in on the company. TD Securities reiterated a "buy" rating on shares of Shell in a research note on Friday, April 4th. Royal Bank Of Canada restated an "outperform" rating on shares of Shell in a research report on Wednesday, March 26th. Santander lowered Shell to a "neutral" rating in a research report on Friday, July 11th. Barclays restated an "overweight" rating on shares of Shell in a research report on Wednesday, March 26th. Finally, Sanford C. Bernstein lowered Shell from an "outperform" rating to a "market perform" rating in a research report on Monday, June 16th. Three investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Shell presently has an average rating of "Moderate Buy" and an average price target of $78.69.

Shell Stock Performance

SHEL traded down $0.02 on Friday, hitting $70.32. 5,240,578 shares of the stock traded hands, compared to its average volume of 4,513,247. Shell has a 52 week low of $58.55 and a 52 week high of $74.46. The company has a current ratio of 1.32, a quick ratio of 1.08 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $209.08 billion, a PE ratio of 16.20, a P/E/G ratio of 1.98 and a beta of 0.40. The business has a fifty day moving average price of $69.39 and a two-hundred day moving average price of $67.46.

Shell (NYSE:SHEL - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The energy company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.30. Shell had a return on equity of 11.71% and a net margin of 4.75%. The business had revenue of $69.23 billion during the quarter, compared to analysts' expectations of $79.18 billion. During the same quarter in the previous year, the firm earned $2.40 EPS.

Shell Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 23rd. Shareholders of record on Friday, May 16th were issued a dividend of $0.716 per share. This represents a $2.86 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date was Friday, May 16th. Shell's dividend payout ratio (DPR) is presently 65.90%.

Shell announced that its Board of Directors has initiated a stock buyback program on Friday, May 2nd that authorizes the company to buyback $3.50 billion in shares. This buyback authorization authorizes the energy company to repurchase up to 1.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Hedge Funds Weigh In On Shell

A number of large investors have recently added to or reduced their stakes in SHEL. Brighton Jones LLC grew its holdings in shares of Shell by 51.7% in the 4th quarter. Brighton Jones LLC now owns 7,463 shares of the energy company's stock valued at $468,000 after acquiring an additional 2,545 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Shell by 8.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 199,856 shares of the energy company's stock valued at $12,521,000 after purchasing an additional 14,937 shares during the last quarter. Madison Investment Advisors LLC acquired a new stake in Shell in the 4th quarter valued at about $1,648,000. Horizon Investments LLC lifted its stake in Shell by 2.1% in the 4th quarter. Horizon Investments LLC now owns 10,829 shares of the energy company's stock valued at $678,000 after purchasing an additional 226 shares during the last quarter. Finally, Stokes Family Office LLC lifted its position in Shell by 5.4% during the fourth quarter. Stokes Family Office LLC now owns 4,489 shares of the energy company's stock worth $281,000 after acquiring an additional 229 shares during the last quarter. Institutional investors own 28.60% of the company's stock.

Shell Company Profile

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.