Zacks Research Decreases Earnings Estimates for Imperial Oil

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Analysts at Zacks Research dropped their Q1 2026 EPS estimates for shares of Imperial Oil in a report released on Tuesday, October 28th. Zacks Research analyst Team now expects that the company will post earnings of $1.65 per share for the quarter, down from their prior estimate of $1.85. 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 Q3 2026 earnings at $1.88 EPS, FY2026 earnings at $6.87 EPS, Q1 2027 earnings at $3.57 EPS, Q2 2027 earnings at $1.95 EPS and FY2027 earnings at $9.14 EPS.

IMO has been the topic of several other reports. Royal Bank Of Canada upped their price target on Imperial Oil from C$115.00 to C$117.00 and gave the company a “sector perform” rating in a research report on Tuesday, October 7th. Scotiabank raised their price objective on shares of Imperial Oil from C$100.00 to C$110.00 in a research note on Friday, July 11th. TD Securities lowered shares of Imperial Oil from a “hold” rating to a “sell” rating and lifted their target price for the company from C$102.00 to C$104.00 in a research report on Tuesday, September 30th. Tudor Pickering lowered Imperial Oil from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 25th. Finally, CIBC downgraded shares of Imperial Oil from a “neutral” rating to an “underperform” rating and boosted their target price for the company from C$108.00 to C$110.00 in a research note on Wednesday, October 15th. Six research analysts have rated the stock with a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of C$107.13.

Imperial Oil Stock Down 0.8%

Shares of Imperial Oil stock opened at C$127.84 on Thursday. The stock’s fifty day moving average is C$125.07 and its 200-day moving average is C$112.33. 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 firm has a market capitalization of C$65.08 billion, a PE ratio of 14.09, a price-to-earnings-growth ratio of 0.21 and a beta of 1.14. Imperial Oil has a 12-month low of C$82.98 and a 12-month high of C$132.08.

Imperial Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, October 1st were paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Thursday, September 4th. This is a positive change from Imperial Oil’s previous quarterly dividend of $0.72. Imperial Oil’s payout ratio is 29.11%.

About Imperial Oil

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.