Zacks Research Brokers Reduce Earnings Estimates for BP

BP p.l.c. (NYSE:BP - Free Report) - Equities research analysts at Zacks Research lowered their Q3 2025 earnings per share (EPS) estimates for BP in a research note issued to investors on Monday, May 19th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will post earnings of $0.58 per share for the quarter, down from their previous forecast of $0.94. The consensus estimate for BP's current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP's Q4 2025 earnings at $0.67 EPS, FY2025 earnings at $2.46 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.69 EPS, FY2026 earnings at $2.69 EPS and FY2027 earnings at $3.17 EPS.

BP (NYSE:BP - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The oil and gas exploration company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.03). BP had a return on equity of 10.96% and a net margin of 0.20%. The business had revenue of $46.91 billion during the quarter, compared to analysts' expectations of $40.12 billion. During the same period in the prior year, the firm posted $0.97 EPS. The firm's revenue for the quarter was down 4.0% on a year-over-year basis.

Other analysts have also issued reports about the company. Wells Fargo & Company boosted their target price on BP from $30.00 to $37.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 12th. JPMorgan Chase & Co. upgraded BP from an "underweight" rating to a "neutral" rating in a research note on Thursday, February 20th. Morgan Stanley lowered BP from an "equal weight" rating to an "underweight" rating and set a $26.50 target price on the stock. in a research note on Monday, May 12th. TD Securities restated a "hold" rating and issued a $36.00 target price (down from $40.00) on shares of BP in a research note on Wednesday, March 19th. Finally, Scotiabank decreased their price objective on BP from $34.00 to $30.00 and set a "sector perform" rating on the stock in a research note on Friday, April 11th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, BP presently has a consensus rating of "Hold" and a consensus price target of $35.28.

BP Stock Performance

BP stock traded up $0.07 during midday trading on Thursday, hitting $29.16. The company's stock had a trading volume of 2,562,817 shares, compared to its average volume of 9,788,620. The stock has a market cap of $79.18 billion, a price-to-earnings ratio of 364.50, a PEG ratio of 1.12 and a beta of 0.51. The stock's 50-day moving average price is $29.64 and its 200 day moving average price is $30.58. The company has a quick ratio of 0.97, a current ratio of 1.25 and a debt-to-equity ratio of 0.70. BP has a 1 year low of $25.22 and a 1 year high of $37.58.

BP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, May 16th will be paid a $0.48 dividend. The ex-dividend date is Friday, May 16th. This represents a $1.92 dividend on an annualized basis and a yield of 6.58%. BP's dividend payout ratio is currently -413.04%.

Hedge Funds Weigh In On BP

A number of institutional investors have recently added to or reduced their stakes in BP. Bank of New York Mellon Corp increased its stake in BP by 486.9% in the 1st quarter. Bank of New York Mellon Corp now owns 2,787,644 shares of the oil and gas exploration company's stock worth $94,195,000 after acquiring an additional 2,312,687 shares during the last quarter. GAMMA Investing LLC increased its position in shares of BP by 5,751.4% during the 1st quarter. GAMMA Investing LLC now owns 207,606 shares of the oil and gas exploration company's stock valued at $7,015,000 after purchasing an additional 204,058 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its position in shares of BP by 30.2% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 444,530 shares of the oil and gas exploration company's stock valued at $15,020,000 after purchasing an additional 103,100 shares during the last quarter. Geode Capital Management LLC increased its position in shares of BP by 217.4% during the 4th quarter. Geode Capital Management LLC now owns 107,282 shares of the oil and gas exploration company's stock valued at $3,171,000 after purchasing an additional 73,478 shares during the last quarter. Finally, Meritage Portfolio Management increased its position in shares of BP by 54.7% during the 1st quarter. Meritage Portfolio Management now owns 163,147 shares of the oil and gas exploration company's stock valued at $5,513,000 after purchasing an additional 57,719 shares during the last quarter. 11.01% of the stock is currently owned by institutional investors.

About BP

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.