Exxon Mobil - XOM Stock Forecast, Price & News

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Exxon Mobil in the last year. There are currently 1 sell rating, 7 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" XOM shares.
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23 analysts have issued 12 month price targets for Exxon Mobil's shares. Their XOM share price forecasts range from $84.00 to $140.00. On average, they expect the company's share price to reach $114.35 in the next year. This suggests that the stock has a possible downside of 1.1%.
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Exxon Mobil's stock was trading at $110.30 at the beginning of the year. Since then, XOM stock has increased by 4.8% and is now trading at $115.64.
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Exxon Mobil saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 32,730,000 shares, a decline of 20.0% from the December 15th total of 40,900,000 shares. Based on an average daily volume of 17,800,000 shares, the short-interest ratio is presently 1.8 days. Currently, 0.8% of the shares of the stock are short sold.
View Exxon Mobil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 31st 2023.
View our XOM earnings forecast.

Exxon Mobil Co. (NYSE:XOM) announced its quarterly earnings data on Tuesday, January, 31st. The oil and gas company reported $3.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.18 by $0.22. The oil and gas company had revenue of $95.43 billion for the quarter, compared to analysts' expectations of $90.21 billion. Exxon Mobil had a trailing twelve-month return on equity of 29.52% and a net margin of 12.86%. The firm's revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.05 earnings per share.

Exxon Mobil declared a quarterly dividend on Thursday, October 27th. Shareholders of record on Tuesday, November 15th will be given a dividend of $0.91 per share on Friday, December 9th. This represents a $3.64 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Monday, November 14th. This is a boost from the stock's previous quarterly dividend of $0.88.
Read our dividend analysis for XOM.

Exxon Mobil (NYSE:XOM) pays an annual dividend of $3.64 per share and currently has a dividend yield of 3.15%. The company has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, XOM will have a dividend payout ratio of 36.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XOM.

Exxon Mobil declared that its Board of Directors has approved a share buyback plan 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 stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its stock is 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "XOM."

Exxon Mobil's stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.30%), New York State Common Retirement Fund (0.17%), New York State Teachers Retirement System (0.12%), HighTower Trust Company N.A. (0.07%), Assenagon Asset Management S.A. (0.06%) and Strs Ohio (0.06%). 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, Neil W Duffin, Stephen A Littleton and William C Weldon.
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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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One share of XOM stock can currently be purchased for approximately $115.64.

Exxon Mobil (NYSE:XOM) has a market capitalization of $476.24 billion and generates $285.64 billion in revenue each year. The oil and gas company earns $23.04 billion in net income (profit) each year or $12.25 on an earnings per share basis.

The company employs 63,000 workers across the globe.

Exxon Mobil's mailing address is 5959 LAS COLINAS BOULEVARD, IRVING TX, 75039. The official website for the company is corporate.exxonmobil.com. The oil and gas company can be reached via phone at (972) 940-6000 or via fax at 972-444-1433.