Zacks Research Has Pessimistic Outlook of BP FY2026 Earnings

BP p.l.c. (NYSE:BP) – Research analysts at Zacks Research dropped their FY2026 earnings estimates for BP in a report issued on Monday, December 8th. Zacks Research analyst Team now expects that the oil and gas exploration company will post earnings per share of $2.54 for the year, down from their prior forecast of $2.55. The consensus estimate for BP’s current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP’s Q4 2026 earnings at $0.59 EPS, Q3 2027 earnings at $0.99 EPS and FY2027 earnings at $3.33 EPS.

Several other equities research analysts also recently commented on the stock. Jefferies Financial Group restated a “hold” rating on shares of BP in a research note on Thursday, October 16th. Santander upgraded shares of BP to an “outperform” rating in a research report on Monday, November 3rd. BNP Paribas raised shares of BP from a “neutral” rating to an “outperform” rating in a report on Monday, September 15th. Melius assumed coverage on BP in a report on Wednesday, August 20th. They issued a “buy” rating and a $66.00 target price on the stock. Finally, Scotiabank restated an “outperform” rating on shares of BP in a research report on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $43.14.

BP Stock Performance

Shares of NYSE:BP opened at $35.86 on Wednesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.19 and a quick ratio of 0.89. The business’s fifty day moving average price is $35.28 and its two-hundred day moving average price is $33.50. BP has a fifty-two week low of $25.22 and a fifty-two week high of $37.64. The stock has a market capitalization of $93.62 billion, a price-to-earnings ratio of 61.83, a price-to-earnings-growth ratio of 1.68 and a beta of 0.32.

BP (NYSE:BP) last released its quarterly earnings data on Tuesday, November 4th. The oil and gas exploration company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.13. The company had revenue of $48.42 billion for the quarter, compared to analyst estimates of $43.76 billion. BP had a return on equity of 9.07% and a net margin of 0.79%.The company’s revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.83 EPS.

Institutional Investors Weigh In On BP

A number of large investors have recently bought and sold shares of BP. Strategic Advocates LLC bought a new position in BP in the 3rd quarter valued at about $25,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of BP during the 3rd quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC bought a new position in BP in the second quarter valued at approximately $27,000. Acima Private Wealth LLC bought a new stake in BP during the second quarter worth $32,000. Finally, Triumph Capital Management bought a new position in shares of BP in the 3rd quarter valued at $43,000. 11.01% of the stock is currently owned by institutional investors and hedge funds.

BP Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, November 14th will be given a $0.4992 dividend. The ex-dividend date is Friday, November 14th. This is an increase from BP’s previous quarterly dividend of $0.49. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.6%. BP’s dividend payout ratio (DPR) is 341.38%.

BP Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.