Exxon Mobil Stock Price, News & Analysis (NYSE:XOM)

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 8 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" XOM shares.
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21 brokerages have issued 1-year target prices for Exxon Mobil's stock. Their XOM share price targets range from $105.00 to $150.00. On average, they expect the company's stock price to reach $129.65 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price.
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Exxon Mobil's stock was trading at $110.30 at the start of the year. Since then, XOM stock has decreased by 10.8% and is now trading at $98.42.
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Exxon Mobil saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 71,280,000 shares, an increase of 23.8% from the October 15th total of 57,570,000 shares. Based on an average trading volume of 18,290,000 shares, the days-to-cover ratio is presently 3.9 days. Approximately 1.8% of the shares of the stock are sold short.
View Exxon Mobil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our XOM earnings forecast.

Exxon Mobil Co. (NYSE:XOM) released its quarterly earnings results on Friday, October, 27th. The oil and gas company reported $2.27 earnings per share for the quarter, missing the consensus estimate of $2.36 by $0.09. The oil and gas company earned $90.76 billion during the quarter, compared to analyst estimates of $93.41 billion. Exxon Mobil had a net margin of 11.56% and a trailing twelve-month return on equity of 20.72%. The firm's revenue for the quarter was down 19.0% compared to the same quarter last year. During the same period in the prior year, the business earned $4.45 EPS.
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Exxon Mobil declared a quarterly dividend on Friday, October 27th. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.95 per share on Monday, December 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Tuesday, November 14th. This is a positive change from the stock's previous quarterly dividend of $0.91.
Read our dividend analysis for XOM.

Exxon Mobil (NYSE:XOM) pays an annual dividend of $3.80 per share and currently has a dividend yield of 3.69%. The company has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 37.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XOM.

ETFs with the largest weight of Exxon Mobil (NYSE:XOM) stock in their portfolio include Vanguard Energy ETF (VDE), Energy Select Sector SPDR Fund (XLE), iShares U.S. Energy ETF (IYE), Strive U.S. Energy ETF (DRLL), Fidelity MSCI Energy Index ETF (FENY), iShares MSCI Global Energy Producers ETF (FILL), iShares Global Energy ETF (IXC) and ProShares Ultra Energy (DIG).

Exxon Mobil declared that its board has initiated a share buyback program on Tuesday, February 1st 2022, which allows the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

436 employees have rated Exxon Mobil Chief Executive Officer Darren Woods on Glassdoor.com. Darren Woods has an approval rating of 26% among the company's employees. This puts Darren Woods in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 43.0% of employees surveyed would recommend working at Exxon Mobil to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Exxon Mobil investors own include AT&T (T), Chevron (CVX), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Intel (INTC), Pfizer (PFE), Walt Disney (DIS), Cisco Systems (CSCO) and General Electric (GE).

Exxon Mobil's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (3.66%), Morgan Stanley (1.36%), Northern Trust Corp (1.10%), Bank of New York Mellon Corp (1.06%), Charles Schwab Investment Management Inc. (0.69%) and Ameriprise Financial Inc. (0.55%). Insiders that own company stock include Darren W Woods, Darrin L Talley, James M Spellings Jr, Jeffrey W Ubben, Leonard M Fox, Linda D Ducharme, Michael J Angelakis and Stephen A Littleton.
View institutional ownership trends.

Shares of XOM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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