Zacks Research Expects Higher Earnings for Imperial Oil

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Stock analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for Imperial Oil in a research note issued to investors on Wednesday, April 30th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $1.83 for the quarter, up from their previous estimate 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.

Several other research analysts have also recently commented on IMO. CIBC boosted their price target on shares of Imperial Oil from C$105.00 to C$108.00 in a report on Friday, January 17th. Raymond James upgraded shares of Imperial Oil from a “market perform” rating to an “outperform” rating and lowered their target price for the stock from C$108.00 to C$104.00 in a research note on Wednesday, April 9th. The Goldman Sachs Group lowered Imperial Oil from a “neutral” rating to a “sell” rating in a report on Thursday, March 27th. Desjardins decreased their price target on Imperial Oil from C$91.00 to C$85.00 and set a “hold” rating for the company in a report on Tuesday, April 15th. Finally, TD Securities dropped their price objective on Imperial Oil from C$94.00 to C$92.00 and set a “hold” rating on the stock in a report on Monday, April 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$103.33.

Imperial Oil Price Performance

IMO stock opened at C$93.91 on Friday. The business’s 50-day moving average is C$95.33 and its two-hundred day moving average is C$98.08. The company has a debt-to-equity ratio of 18.04, a current ratio of 1.44 and a quick ratio of 0.98. The firm has a market capitalization of C$49.03 billion, a P/E ratio of 10.09, a P/E/G ratio of 0.21 and a beta of 1.78. Imperial Oil has a 1 year low of C$82.98 and a 1 year high of C$108.89.

Imperial Oil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, April 1st were given a $0.72 dividend. This is an increase from Imperial Oil’s previous quarterly dividend of $0.60. The ex-dividend date was Wednesday, March 5th. This represents a $2.88 annualized dividend and a yield of 3.07%. Imperial Oil’s dividend payout ratio is 25.78%.

Imperial Oil Company Profile

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.