What is Erste Group Bank’s Forecast for BP FY2027 Earnings?

BP p.l.c. (NYSE:BP) – Equities research analysts at Erste Group Bank upped their FY2027 EPS estimates for shares of BP in a note issued to investors on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will earn $3.42 per share for the year, up from their previous estimate of $3.30. The consensus estimate for BP’s current full-year earnings is $3.53 per share.

BP (NYSE:BP) last issued its quarterly earnings data on Monday, February 9th. The oil and gas exploration company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.57 by $0.03. BP had a net margin of 0.03% and a return on equity of 9.68%. The business had revenue of $47.38 billion during the quarter, compared to analyst estimates of $42.19 billion. During the same period in the prior year, the business earned $0.44 EPS. The company’s revenue for the quarter was up 3.6% on a year-over-year basis.

A number of other analysts also recently weighed in on BP. BNP Paribas Exane downgraded shares of BP from an “outperform” rating to a “hold” rating and set a $38.50 target price on the stock. in a research report on Thursday, February 12th. Wall Street Zen raised shares of BP from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Evercore set a $38.00 target price on shares of BP and gave the stock an “in-line” rating in a research report on Tuesday, January 6th. Piper Sandler upped their target price on shares of BP from $44.00 to $47.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Finally, Weiss Ratings raised shares of BP from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 24th. Four research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, BP currently has a consensus rating of “Hold” and a consensus target price of $40.18.

BP Stock Down 2.9%

Shares of NYSE BP opened at $45.89 on Wednesday. The company has a current ratio of 1.26, a quick ratio of 0.98 and a debt-to-equity ratio of 0.74. BP has a 12 month low of $25.22 and a 12 month high of $48.27. The firm has a market capitalization of $120.32 billion, a PE ratio of -4,584.32, a price-to-earnings-growth ratio of 0.86 and a beta of 0.21. The firm has a fifty day simple moving average of $41.38 and a two-hundred day simple moving average of $37.33.

BP Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, February 20th were issued a dividend of $0.4992 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, February 20th. BP’s dividend payout ratio (DPR) is presently -19,800.00%.

Institutional Trading of BP

A number of institutional investors have recently made changes to their positions in BP. Sound Shore Management Inc. CT purchased a new stake in shares of BP during the 4th quarter valued at about $67,890,000. New York State Common Retirement Fund purchased a new stake in shares of BP during the 4th quarter valued at about $17,768,000. Sagefield Capital LP boosted its holdings in shares of BP by 125.2% during the 4th quarter. Sagefield Capital LP now owns 493,556 shares of the oil and gas exploration company’s stock valued at $17,141,000 after acquiring an additional 274,381 shares during the last quarter. Milford Funds Ltd. purchased a new stake in shares of BP during the 4th quarter valued at about $8,335,000. Finally, Baird Financial Group Inc. lifted its stake in shares of BP by 206.0% in the 2nd quarter. Baird Financial Group Inc. now owns 252,849 shares of the oil and gas exploration company’s stock worth $7,568,000 after purchasing an additional 170,221 shares during the period. Hedge funds and other institutional investors own 11.01% of the company’s stock.

BP News Roundup

Here are the key news stories impacting BP this week:

• Positive Sentiment: Erste Group raised its FY2027 EPS forecast for BP to $3.42 (from $3.30), reflecting improved earnings visibility; this modest upgrade supports medium‑term earnings expectations. Erste upgrade / Marketbeat
• Positive Sentiment: BP was added to Zacks’ Rank #1 (Strong Buy) and its Strong Buy value list, bringing buy‑rating momentum from at least one major independent research provider. Zacks Rank #1 addition
• Positive Sentiment: BP reported a recent quarter beat: EPS of $0.60 vs. consensus $0.57 and revenue above estimates, indicating underlying cash‑generation resilience even as margins remain pressured. Earnings / Marketbeat
• Positive Sentiment: BP announced a new offshore gas discovery in Egypt’s Eastern Mediterranean, which can add to upstream resource value and long‑term gas supply optionality. Egypt gas discovery
• Neutral Sentiment: BP sold 13 Thorntons retail sites as part of a portfolio optimization, a small disposals move that tidy ups non‑core retail exposure but has limited near‑term earnings impact. Thorntons sale
• Neutral Sentiment: Coverage pieces and watchlists (e.g., Zacks commentary listing BP among best value/strong buy stocks) add visibility but don’t immediately offset macro/commodity moves. Zacks best value list
• Negative Sentiment: Oil prices fell after reports of a US‑Iran two‑week ceasefire and signs the Strait of Hormuz could reopen; falling crude directly pressures BP’s upstream cash flow expectations and drove contemporaneous share weakness. Oil slump / ceasefire
• Negative Sentiment: Governance and investor activism risk: Glass Lewis urged shareholders to oppose chair William (Manifold) after the board blocked a climate resolution, and the chair faces a re‑election battle — heightening uncertainty around BP’s strategic balance between oil & gas and transition goals. Glass Lewis / Irish Times FT chair re-election battle
• Negative Sentiment: Coverage noting an investor rebellion over BP’s renewed focus on oil & gas underscores reputational and strategic risks that can weigh on the stock until governance issues settle. Investor rebellion / climate snub

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.