FY2026 Earnings Forecast for ENI Issued By Erste Group Bank

Eni SpA (NYSE:E) – Stock analysts at Erste Group Bank raised their FY2026 EPS estimates for shares of ENI in a research note issued to investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now anticipates that the oil and gas exploration company will earn $6.36 per share for the year, up from their prior estimate of $6.18. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $6.52 per share.

A number of other analysts also recently weighed in on the company. The Goldman Sachs Group reiterated a “buy” rating on shares of ENI in a report on Friday, September 11th. Royal Bank Of Canada reissued a “neutral” rating on shares of ENI in a research note on Thursday, September 24th. UBS Group reissued a “buy” rating on shares of ENI in a research note on Tuesday, October 6th. Weiss Ratings upgraded ENI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, BNP Paribas Exane lowered ENI from an “outperform” rating to a “neutral” rating and set a $56.30 target price on the stock. in a research report on Wednesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $58.45.

ENI Price Performance

E stock opened at $57.70 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.23 and a debt-to-equity ratio of 0.42. The firm has a market cap of $97.40 billion, a price-to-earnings ratio of 13.24, a PEG ratio of 0.22 and a beta of 0.44. The company’s fifty day simple moving average is $55.08 and its 200 day simple moving average is $53.49. ENI has a 12-month low of $34.15 and a 12-month high of $58.00.

ENI (NYSE:E) last announced its earnings results on Tuesday, July 28th. The oil and gas exploration company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. The business had revenue of $25.87 billion during the quarter, compared to the consensus estimate of $27.93 billion. ENI had a net margin of 6.51% and a return on equity of 11.27%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC increased its stake in ENI by 9.7% in the third quarter. GAMMA Investing LLC now owns 10,495 shares of the oil and gas exploration company’s stock valued at $570,000 after purchasing an additional 932 shares in the last quarter. CoreCap Advisors LLC raised its holdings in shares of ENI by 8,235.3% during the third quarter. CoreCap Advisors LLC now owns 1,417 shares of the oil and gas exploration company’s stock valued at $77,000 after purchasing an additional 1,400 shares during the period. Plan A Wealth LLC raised its holdings in shares of ENI by 33.1% during the third quarter. Plan A Wealth LLC now owns 5,992 shares of the oil and gas exploration company’s stock valued at $325,000 after purchasing an additional 1,491 shares during the period. QRG Capital Management Inc. boosted its position in shares of ENI by 8.4% during the 2nd quarter. QRG Capital Management Inc. now owns 144,171 shares of the oil and gas exploration company’s stock worth $6,756,000 after purchasing an additional 11,136 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of ENI by 83.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 8,321 shares of the oil and gas exploration company’s stock worth $390,000 after purchasing an additional 3,797 shares in the last quarter. Institutional investors and hedge funds own 1.18% of the company’s stock.

ENI Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Tuesday, November 24th will be paid a $0.6335 dividend. The ex-dividend date is Tuesday, November 24th. This represents a $2.53 annualized dividend and a dividend yield of 4.4%. This is an increase from ENI’s previous quarterly dividend of $0.6276. ENI’s dividend payout ratio (DPR) is presently 42.97%.

ENI Company Profile

Eni S.p.A. is an Italian integrated energy company headquartered in Rome. Established in 1953, the company operates across the energy value chain, with activities spanning oil and natural gas exploration and production, natural gas and liquefied natural gas, refining, chemicals, power generation and energy retail.

Eni explores for and produces hydrocarbons in multiple regions, including Europe, Africa, the Middle East, Asia and the Americas. Its downstream businesses include fuel refining and marketing, petrochemicals through Versalis, and natural gas and electricity sales.