Zacks Research Issues Positive Outlook for BP Earnings

BP p.l.c. (NYSE:BP - Free Report) - Equities research analysts at Zacks Research increased their Q2 2026 earnings estimates for shares of BP in a report released on Tuesday, March 4th. Zacks Research analyst R. Department now forecasts that the oil and gas exploration company will post earnings of $1.09 per share for the quarter, up from their prior estimate of $0.90. The consensus estimate for BP's current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP's Q3 2026 earnings at $1.12 EPS, Q4 2026 earnings at $1.11 EPS and FY2026 earnings at $4.10 EPS.

Several other analysts also recently commented on the stock. Piper Sandler reduced their price objective on shares of BP from $36.00 to $32.00 and set a "neutral" rating for the company in a research note on Thursday, December 19th. Raymond James upped their price objective on BP from $36.00 to $37.00 and gave the company an "outperform" rating in a research report on Friday, January 17th. DZ Bank downgraded BP from a "hold" rating to a "sell" rating in a report on Tuesday, February 11th. Morgan Stanley reduced their price objective on BP from $34.70 to $31.80 and set an "equal weight" rating for the company in a report on Tuesday, January 7th. Finally, StockNews.com downgraded shares of BP from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating, three have issued a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $38.26.

BP Stock Up 0.4 %

BP stock traded up $0.12 during mid-day trading on Thursday, hitting $32.19. The company had a trading volume of 12,733,991 shares, compared to its average volume of 8,880,973. BP has a 12 month low of $27.82 and a 12 month high of $40.40. The company has a current ratio of 1.25, a quick ratio of 0.97 and a debt-to-equity ratio of 0.70. The stock's 50 day moving average price is $32.11 and its two-hundred day moving average price is $31.28. The company has a market capitalization of $86.17 billion, a PE ratio of 402.40, a price-to-earnings-growth ratio of 1.12 and a beta of 0.58.

BP (NYSE:BP - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The oil and gas exploration company reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by ($0.12). BP had a return on equity of 10.96% and a net margin of 0.20%.

Hedge Funds Weigh In On BP

Several large investors have recently added to or reduced their stakes in BP. Asset Planning Inc purchased a new position in shares of BP during the 4th quarter valued at $40,000. Bank & Trust Co boosted its stake in shares of BP by 404.8% in the fourth quarter. Bank & Trust Co now owns 2,120 shares of the oil and gas exploration company's stock worth $63,000 after acquiring an additional 1,700 shares during the period. Versant Capital Management Inc raised its stake in BP by 41.0% during the 4th quarter. Versant Capital Management Inc now owns 2,221 shares of the oil and gas exploration company's stock valued at $66,000 after purchasing an additional 646 shares during the period. Anchor Investment Management LLC boosted its stake in BP by 58.7% in the 3rd quarter. Anchor Investment Management LLC now owns 3,120 shares of the oil and gas exploration company's stock worth $98,000 after purchasing an additional 1,154 shares during the period. Finally, Wellington Shields Capital Management LLC raised its position in shares of BP by 26.9% during the fourth quarter. Wellington Shields Capital Management LLC now owns 7,550 shares of the oil and gas exploration company's stock valued at $223,000 after buying an additional 1,600 shares during the last quarter. Hedge funds and other institutional investors own 11.01% of the company's stock.

BP Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 5.96%. The ex-dividend date is Friday, February 21st. BP's dividend payout ratio is 2,375.00%.

BP Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.