Brokers Set Expectations for Exxon Mobil FY2026 Earnings

Exxon Mobil Co. (NYSE:XOM - Free Report) - Research analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Exxon Mobil in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst P. Cheng anticipates that the oil and gas company will post earnings per share of $7.95 for the year. Scotiabank has a "Sector Outperform" rating and a $145.00 price target on the stock. The consensus estimate for Exxon Mobil's current full-year earnings is $7.95 per share.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to analysts' expectations of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm's revenue for the quarter was down .8% compared to the same quarter last year. During the same period last year, the firm posted $2.27 EPS.

Several other brokerages have also recently weighed in on XOM. Redburn Atlantic reaffirmed a "neutral" rating and issued a $120.00 price objective (up from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. Bank of America started coverage on Exxon Mobil in a report on Thursday, October 17th. They issued a "neutral" rating and a $124.00 price objective for the company. Piper Sandler dropped their price objective on Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating for the company in a report on Thursday, December 19th. TD Cowen dropped their price objective on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a report on Monday, December 16th. Finally, Morgan Stanley lowered their price target on Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $128.74.

Exxon Mobil Price Performance

NYSE XOM traded down $0.39 during midday trading on Friday, hitting $106.54. The company had a trading volume of 19,299,174 shares, compared to its average volume of 15,308,237. The company has a market capitalization of $468.25 billion, a PE ratio of 13.27, a P/E/G ratio of 4.65 and a beta of 0.91. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $113.49 and a 200-day moving average price of $115.64. Exxon Mobil has a twelve month low of $95.77 and a twelve month high of $126.34.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date was Thursday, November 14th. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. Exxon Mobil's payout ratio is 49.32%.

Institutional Investors Weigh In On Exxon Mobil

A number of institutional investors have recently made changes to their positions in the stock. Eagle Capital Management LLC boosted its position in shares of Exxon Mobil by 4.9% during the 2nd quarter. Eagle Capital Management LLC now owns 2,460 shares of the oil and gas company's stock valued at $283,000 after purchasing an additional 114 shares in the last quarter. Werba Rubin Papier Wealth Management boosted its position in shares of Exxon Mobil by 43.5% during the 2nd quarter. Werba Rubin Papier Wealth Management now owns 13,688 shares of the oil and gas company's stock valued at $1,576,000 after purchasing an additional 4,146 shares in the last quarter. Morton Community Bank raised its stake in Exxon Mobil by 4.6% during the 2nd quarter. Morton Community Bank now owns 28,788 shares of the oil and gas company's stock worth $3,314,000 after buying an additional 1,260 shares during the period. Oak Thistle LLC acquired a new position in Exxon Mobil during the 2nd quarter worth approximately $572,000. Finally, Legacy Bridge LLC raised its stake in Exxon Mobil by 231.9% during the 2nd quarter. Legacy Bridge LLC now owns 12,980 shares of the oil and gas company's stock worth $1,494,000 after buying an additional 9,069 shares during the period. Institutional investors 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.