Zacks Research Raises Earnings Estimates for Imperial Oil

Imperial Oil Limited (TSE:IMO - Free Report) NYSEMKT: IMO - Equities researchers at Zacks Research increased their Q3 2025 earnings per share estimates for Imperial Oil in a research report issued on Monday, July 14th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.69 per share for the quarter, up from their prior estimate of $1.65. 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 FY2025 earnings at $7.31 EPS, Q2 2026 earnings at $1.63 EPS, Q3 2026 earnings at $1.73 EPS, Q2 2027 earnings at $1.77 EPS and FY2027 earnings at $9.38 EPS.

Several other brokerages have also recently issued reports on IMO. The Goldman Sachs Group cut Imperial Oil from a "neutral" rating to a "sell" rating in a research report on Thursday, March 27th. Raymond James Financial cut Imperial Oil from a "moderate buy" rating to a "hold" rating and lifted their target price for the company from C$105.00 to C$107.00 in a research report on Thursday, July 3rd. Wolfe Research raised Imperial Oil from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 21st. Scotiabank upped their price objective on Imperial Oil from C$100.00 to C$110.00 in a research note on Friday, July 11th. Finally, TD Securities reduced their price objective on Imperial Oil from C$94.00 to C$92.00 and set a "hold" rating for the company in a research note on Monday, April 21st. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of C$104.11.

Imperial Oil Stock Up 0.4%

Shares of TSE IMO traded up C$0.46 during midday trading on Thursday, hitting C$112.63. 595,547 shares of the stock traded hands, compared to its average volume of 788,883. The company has a market cap of C$58.80 billion, a PE ratio of 12.10, a P/E/G ratio of 0.21 and a beta of 1.78. Imperial Oil has a one year low of C$82.98 and a one year high of C$114.12. The business has a 50 day moving average price of C$105.31 and a two-hundred day moving average price of C$99.33. The company has a debt-to-equity ratio of 18.04, a quick ratio of 0.98 and a current ratio of 1.44.

Imperial Oil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, July 1st were issued a dividend of $0.72 per share. The ex-dividend date was Wednesday, June 4th. This represents a $2.88 dividend on an annualized basis and a yield of 2.56%. Imperial Oil's dividend payout ratio (DPR) is 25.78%.

About Imperial Oil

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.