Q2 EPS Estimates for Imperial Oil Lowered by Zacks Research

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Investment analysts at Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for Imperial Oil in a research report issued on Monday, December 16th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $1.97 for the quarter, down from their prior forecast of $2.06. The consensus estimate for Imperial Oil’s current full-year earnings is $8.62 per share.

IMO has been the topic of a number of other reports. Raymond James raised their price target on shares of Imperial Oil from C$101.50 to C$104.00 in a research report on Friday, December 13th. National Bankshares dropped their price target on shares of Imperial Oil from C$115.00 to C$112.00 in a research note on Friday, September 27th. BMO Capital Markets raised their target price on shares of Imperial Oil from C$115.00 to C$120.00 in a research note on Friday, October 4th. TD Securities lifted their price objective on Imperial Oil from C$93.00 to C$96.00 and gave the stock a “hold” rating in a report on Friday, December 13th. Finally, JPMorgan Chase & Co. raised their price target on Imperial Oil from C$97.00 to C$100.00 in a report on Wednesday, November 13th. Nine equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to MarketBeat, Imperial Oil currently has a consensus rating of “Hold” and an average price target of C$103.90.

Imperial Oil Trading Down 3.2 %

IMO stock traded down C$2.95 during midday trading on Thursday, reaching C$89.65. 174,497 shares of the company’s stock traded hands, compared to its average volume of 980,553. Imperial Oil has a fifty-two week low of C$73.81 and a fifty-two week high of C$108.89. The company has a debt-to-equity ratio of 18.27, a current ratio of 1.40 and a quick ratio of 0.98. The company has a market capitalization of C$48.04 billion, a P/E ratio of 9.40, a PEG ratio of 0.21 and a beta of 1.78. The business has a 50-day moving average price of C$103.09 and a two-hundred day moving average price of C$98.27.

Imperial Oil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Wednesday, January 1st will be given a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.68%. Imperial Oil’s dividend payout ratio (DPR) is currently 25.16%.

Insider Buying and Selling

In related news, Director Bradley William Corson acquired 4,800 shares of the stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of C$97.44 per share, for a total transaction of C$467,713.92. 71.26% of the stock is currently owned by company insiders.

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.