Zacks Research Has Weak Forecast for Exxon Mobil Q1 Earnings

Exxon Mobil Co. (NYSE:XOM - Free Report) - Equities research analysts at Zacks Research reduced their Q1 2026 earnings per share estimates for Exxon Mobil in a report issued on Tuesday, March 11th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings per share of $2.15 for the quarter, down from their previous estimate of $2.31. The consensus estimate for Exxon Mobil's current full-year earnings is $7.43 per share. Zacks Research also issued estimates for Exxon Mobil's Q2 2026 earnings at $2.03 EPS, FY2026 earnings at $8.55 EPS and FY2027 earnings at $10.95 EPS.

XOM has been the topic of several other reports. Argus upgraded Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. Wells Fargo & Company lowered their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Morgan Stanley lifted their price target on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Royal Bank of Canada restated a "sector perform" rating and issued a $115.00 price objective on shares of Exxon Mobil in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. dropped their target price on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating on the stock in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $129.25.

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Exxon Mobil Stock Down 0.5 %

XOM traded down $0.55 during trading on Thursday, hitting $108.58. The stock had a trading volume of 17,761,674 shares, compared to its average volume of 14,985,704. The stock has a 50 day simple moving average of $109.26 and a two-hundred day simple moving average of $113.73. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. Exxon Mobil has a twelve month low of $103.67 and a twelve month high of $126.34. The company has a market capitalization of $471.14 billion, a PE ratio of 13.85, a PEG ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the previous year, the company earned $2.48 earnings per share.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a $0.99 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.65%. Exxon Mobil's payout ratio is currently 50.51%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company's stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.03% of the company's stock.

Institutional Investors Weigh In On Exxon Mobil

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XOM. 10Elms LLP purchased a new stake in shares of Exxon Mobil in the 4th quarter valued at $25,000. Fairway Wealth LLC purchased a new stake in Exxon Mobil during the 4th quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $32,000. Keystone Financial Group Inc. purchased a new position in Exxon Mobil in the 4th quarter valued at approximately $36,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of Exxon Mobil in the fourth quarter worth $46,000. Institutional investors and hedge funds own 61.80% of the company's stock.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.