Zacks Research Increases Earnings Estimates for Imperial Oil

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Investment analysts at Zacks Research raised their Q1 2025 EPS estimates for Imperial Oil in a report issued on Thursday, February 20th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.62 per share for the quarter, up from their previous forecast of $1.40. 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 $1.21 EPS, Q3 2025 earnings at $1.58 EPS, Q4 2025 earnings at $1.63 EPS, FY2025 earnings at $6.04 EPS, Q2 2026 earnings at $2.19 EPS and FY2026 earnings at $8.35 EPS.

A number of other analysts have also recently commented on the stock. Raymond James boosted their target price on shares of Imperial Oil from C$101.50 to C$104.00 in a report on Friday, December 13th. CIBC boosted their target price on shares of Imperial Oil from C$105.00 to C$108.00 in a report on Friday, January 17th. TD Securities boosted their target price on shares of Imperial Oil from C$94.00 to C$97.00 and gave the company a “hold” rating in a report on Friday, February 21st. National Bankshares boosted their target price on shares of Imperial Oil from C$109.00 to C$110.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Finally, Royal Bank of Canada boosted their target price on shares of Imperial Oil from C$99.00 to C$101.00 in a report on Wednesday, November 6th. Ten investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$104.10.

Imperial Oil Stock Performance

TSE:IMO opened at C$97.97 on Monday. Imperial Oil has a twelve month low of C$82.88 and a twelve month high of C$108.89. The stock has a market cap of C$51.14 billion, a P/E ratio of 10.52, a price-to-earnings-growth ratio of 0.21 and a beta of 1.78. The company has a quick ratio of 0.98, a current ratio of 1.44 and a debt-to-equity ratio of 18.04. The firm’s fifty day simple moving average is C$96.27 and its 200 day simple moving average is C$99.22.

Insider Buying and Selling

In other Imperial Oil news, Director Bradley William Corson bought 4,800 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was acquired at an average price of C$97.44 per share, with a total value of C$467,713.92. 71.26% of the stock is currently owned by company insiders.

Imperial Oil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Wednesday, January 1st were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend was Tuesday, December 3rd. Imperial Oil’s payout ratio is 25.78%.

About Imperial Oil

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.