Zacks Research Increases Earnings Estimates for Imperial Oil

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Stock analysts at Zacks Research upped their Q1 2025 earnings estimates for shares of Imperial Oil in a research report issued on Thursday, February 20th. Zacks Research analyst R. Department now anticipates that the company will earn $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.

Several other equities research analysts have also issued reports on IMO. Royal Bank of Canada increased their target price on shares of Imperial Oil from C$99.00 to C$101.00 in a report on Wednesday, November 6th. JPMorgan Chase & Co. increased their target price on shares of Imperial Oil from C$97.00 to C$100.00 in a report on Wednesday, November 13th. TD Securities increased their target price on shares of Imperial Oil from C$94.00 to C$97.00 and gave the stock a “hold” rating in a report on Friday, February 21st. Raymond James increased their target price on shares of Imperial Oil from C$101.50 to C$104.00 in a report on Friday, December 13th. Finally, Wolfe Research lowered shares of Imperial Oil from a “strong-buy” rating to a “hold” rating in a report on Friday, January 3rd. Ten equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$104.10.

Imperial Oil Price Performance

TSE IMO opened at C$97.97 on Monday. Imperial Oil has a 52 week low of C$82.88 and a 52 week high of C$108.89. The firm has a market capitalization of C$51.14 billion, a P/E ratio of 10.52, a PEG 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 company has a 50-day moving average price of C$96.27 and a 200-day moving average price of C$99.22.

Insider Activity

In related news, Director Bradley William Corson purchased 4,800 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were bought at an average price of C$97.44 per share, for a total transaction of C$467,713.92. Corporate insiders own 71.26% of the company’s stock.

Imperial Oil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 1st. Shareholders of record on Wednesday, January 1st were paid a $0.60 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $2.40 annualized dividend and a yield of 2.45%. Imperial Oil’s 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.