Q1 EPS Estimates for Imperial Oil Lifted by Zacks Research

Imperial Oil Limited (TSE:IMO - Free Report) NYSEMKT: IMO - Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Imperial Oil in a research report issued on Wednesday, April 30th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.83 per share for the quarter, up from their previous forecast of $1.69. 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 2025 earnings at $1.40 EPS, Q3 2025 earnings at $1.79 EPS, Q4 2025 earnings at $1.62 EPS, FY2025 earnings at $6.64 EPS, Q1 2026 earnings at $2.26 EPS, Q2 2026 earnings at $2.23 EPS, Q3 2026 earnings at $1.81 EPS, Q4 2026 earnings at $2.10 EPS, FY2026 earnings at $8.40 EPS and FY2027 earnings at $9.37 EPS.

A number of other brokerages have also weighed in on IMO. Scotiabank upgraded shares of Imperial Oil to a "hold" rating in a report on Wednesday, March 19th. Desjardins upped their price target on shares of Imperial Oil from C$85.00 to C$89.00 and gave the company a "hold" rating in a research report on Tuesday. Raymond James upgraded Imperial Oil from a "market perform" rating to an "outperform" rating and decreased their price objective for the stock from C$108.00 to C$104.00 in a report on Wednesday, April 9th. CIBC increased their target price on Imperial Oil from C$105.00 to C$108.00 in a report on Friday, January 17th. Finally, Wolfe Research upgraded shares of Imperial Oil from a "hold" rating to a "strong-buy" rating in a report on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of C$103.78.

Imperial Oil Price Performance

TSE:IMO traded down C$0.02 during mid-day trading on Friday, reaching C$94.27. The stock had a trading volume of 252,660 shares, compared to its average volume of 878,328. Imperial Oil has a one year low of C$82.98 and a one year high of C$108.89. The company has a debt-to-equity ratio of 18.04, a quick ratio of 0.98 and a current ratio of 1.44. The firm has a 50 day moving average price of C$95.11 and a two-hundred day moving average price of C$97.73. The stock has a market capitalization of C$49.21 billion, a P/E ratio of 10.13, a P/E/G ratio of 0.21 and a beta of 1.78.

Imperial Oil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, April 1st were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 3.06%. This is a positive change from Imperial Oil's previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Wednesday, March 5th. Imperial Oil's dividend payout ratio 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.