What is Scotiabank’s Estimate for Shell FY2026 Earnings?

Shell PLC Unsponsored ADR (NYSE:SHEL) – Research analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Shell in a research report issued to clients and investors on Tuesday, July 15th. Scotiabank analyst P. Cheng now anticipates that the energy company will post earnings per share of $5.20 for the year, down from their prior estimate of $5.70. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Shell’s current full-year earnings is $7.67 per share.

Shell (NYSE:SHEL) last issued its quarterly earnings results on Friday, May 2nd. The energy company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.54 by $0.30. The company had revenue of $69.23 billion for the quarter, compared to the consensus estimate of $79.18 billion. Shell had a return on equity of 11.71% and a net margin of 4.75%. During the same period in the previous year, the business posted $2.40 EPS.

A number of other equities analysts have also commented on SHEL. Sanford C. Bernstein lowered Shell from an “outperform” rating to a “market perform” rating in a research note on Monday, June 16th. Santander downgraded Shell to a “neutral” rating in a report on Friday, July 11th. Wells Fargo & Company lowered their price target on Shell from $80.00 to $79.00 and set an “overweight” rating for the company in a report on Thursday, June 26th. Barclays restated an “overweight” rating on shares of Shell in a report on Wednesday, March 26th. Finally, Hsbc Global Res upgraded Shell to a “strong-buy” rating in a report on Tuesday, May 13th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $78.69.

Shell Stock Performance

SHEL opened at $70.32 on Friday. The stock’s 50 day simple moving average is $69.39 and its 200-day simple moving average is $67.50. The company has a current ratio of 1.32, a quick ratio of 1.08 and a debt-to-equity ratio of 0.36. The stock has a market cap of $209.08 billion, a PE ratio of 16.20, a P/E/G ratio of 1.98 and a beta of 0.40. Shell has a 1 year low of $58.55 and a 1 year high of $74.46.

Shell Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 23rd. Shareholders of record on Friday, May 16th were issued a dividend of $0.716 per share. This represents a $2.86 annualized dividend and a yield of 4.07%. The ex-dividend date was Friday, May 16th. Shell’s payout ratio is presently 65.90%.

Shell announced that its Board of Directors has approved a share repurchase program on Friday, May 2nd that authorizes the company to buyback $3.50 billion in shares. This buyback authorization authorizes the energy company to purchase up to 1.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Avalon Trust Co acquired a new position in Shell during the 1st quarter worth approximately $25,000. Kennebec Savings Bank acquired a new position in Shell during the 1st quarter worth approximately $25,000. Brown Lisle Cummings Inc. raised its stake in Shell by 103.4% during the 1st quarter. Brown Lisle Cummings Inc. now owns 356 shares of the energy company’s stock worth $26,000 after buying an additional 181 shares during the period. Truvestments Capital LLC raised its stake in Shell by 102.9% during the 1st quarter. Truvestments Capital LLC now owns 420 shares of the energy company’s stock worth $31,000 after buying an additional 213 shares during the period. Finally, CoreFirst Bank & Trust acquired a new position in Shell during the 4th quarter worth approximately $28,000. 28.60% of the stock is owned by institutional investors and hedge funds.

About Shell

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.