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

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last twelve months. There are currently 7 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" XOM shares.
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20 analysts have issued 1-year price objectives for Exxon Mobil's shares. Their XOM share price targets range from $105.00 to $150.00. On average, they anticipate the company's share price to reach $130.26 in the next twelve months. This suggests a possible upside of 26.7% 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 shares have decreased by 6.8% and is now trading at $102.80.
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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 daily volume of 18,290,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 1.8% of the shares of the company are short sold.
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 earnings results on Friday, October, 27th. The oil and gas company reported $2.27 earnings per share for the quarter, missing analysts' consensus estimates of $2.36 by $0.09. The oil and gas company had revenue of $90.76 billion for the quarter, compared to analysts' expectations of $93.41 billion. Exxon Mobil had a trailing twelve-month return on equity of 20.72% and a net margin of 11.56%. The firm's revenue was down 19.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.45 EPS.
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Exxon Mobil declared a quarterly dividend on Friday, October 27th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.95 per share on Monday, December 11th. This represents a $3.80 dividend on an annualized basis and a yield of 3.70%. 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 3.71%. 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 announced that its board has approved a stock buyback program on Tuesday, February 1st 2022, which permits the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase programs are often an indication 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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