Exxon Mobil (XOM) to Release Earnings on Friday

Exxon Mobil (NYSE:XOM) is anticipated to release its earnings data before the market opens on Friday, January 31st. Analysts expect Exxon Mobil to post earnings of $1.77 per share and revenue of $87.20 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same period in the prior year, the business earned $2.27 EPS. The firm’s revenue was down .8% on a year-over-year basis. On average, analysts expect Exxon Mobil to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Exxon Mobil Stock Performance

Shares of XOM opened at $108.69 on Thursday. The firm has a fifty day moving average of $111.14 and a 200-day moving average of $115.38. The company has a market cap of $477.69 billion, a price-to-earnings ratio of 13.54, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. Exxon Mobil has a 1 year low of $100.42 and a 1 year high of $126.34.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.64%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s payout ratio is presently 49.32%.

Analysts Set New Price Targets

XOM has been the subject of a number of recent analyst reports. The Goldman Sachs Group increased their price objective on Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. Morgan Stanley reduced their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. UBS Group dropped their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. BMO Capital Markets increased their price target on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a research note on Friday, October 4th. Finally, Mizuho decreased their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and an average target price of $128.84.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.