Exxon Mobil Co. (NYSE:XOM) – Investment analysts at Jefferies Financial Group issued their Q3 2018 EPS estimates for Exxon Mobil in a report issued on Monday, July 30th. Jefferies Financial Group analyst J. Gammel anticipates that the oil and gas company will earn $1.53 per share for the quarter. Jefferies Financial Group currently has a “Neutral” rating and a $87.00 target price on the stock. Jefferies Financial Group also issued estimates for Exxon Mobil’s Q4 2018 earnings at $1.64 EPS.
Get Exxon Mobil alerts:Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, July 27th. The oil and gas company reported $0.92 EPS for the quarter, missing the Zacks’ consensus estimate of $1.26 by ($0.34). Exxon Mobil had a return on equity of 8.45% and a net margin of 7.64%. The business had revenue of $73.50 billion for the quarter, compared to analyst estimates of $71.66 billion. During the same quarter in the previous year, the business posted $0.78 earnings per share. The company’s revenue was up 26.6% compared to the same quarter last year.
Several other equities research analysts have also issued reports on XOM. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $88.00 price target on shares of Exxon Mobil in a report on Tuesday, July 10th. Macquarie reiterated a “sell” rating and set a $70.00 price target on shares of Exxon Mobil in a report on Tuesday, July 10th. Barclays reiterated a “sell” rating and set a $84.00 price target on shares of Exxon Mobil in a report on Tuesday, July 10th. Morningstar set a $85.00 price target on Exxon Mobil and gave the company a “neutral” rating in a report on Monday, June 11th. Finally, HSBC reiterated a “buy” rating and set a $93.50 price target on shares of Exxon Mobil in a report on Monday, July 16th. Five research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $86.98.
Shares of Exxon Mobil opened at $80.39 on Thursday, according to MarketBeat. Exxon Mobil has a one year low of $72.15 and a one year high of $89.30. The stock has a market cap of $346.37 billion, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 1.22 and a beta of 0.92. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.80 and a quick ratio of 0.50.
Hedge funds have recently modified their holdings of the stock. Integrated Investment Consultants LLC increased its position in Exxon Mobil by 281.4% in the 2nd quarter. Integrated Investment Consultants LLC now owns 105,845 shares of the oil and gas company’s stock worth $2,377,000 after buying an additional 78,092 shares during the period. Cooke & Bieler LP increased its position in Exxon Mobil by 1.2% in the 2nd quarter. Cooke & Bieler LP now owns 1,276,587 shares of the oil and gas company’s stock worth $105,612,000 after buying an additional 15,548 shares during the period. Capital Investment Advisory Services LLC increased its position in Exxon Mobil by 6.3% in the 2nd quarter. Capital Investment Advisory Services LLC now owns 26,066 shares of the oil and gas company’s stock worth $2,156,000 after buying an additional 1,540 shares during the period. Wagner Wealth Management LLC increased its position in Exxon Mobil by 18.3% in the 2nd quarter. Wagner Wealth Management LLC now owns 14,895 shares of the oil and gas company’s stock worth $1,232,000 after buying an additional 2,309 shares during the period. Finally, Joel Isaacson & Co. LLC increased its position in Exxon Mobil by 4.3% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 44,434 shares of the oil and gas company’s stock worth $3,676,000 after buying an additional 1,838 shares during the period. 51.96% of the stock is currently owned by institutional investors and hedge funds.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 10th. Investors of record on Monday, August 13th will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Friday, August 10th. Exxon Mobil’s payout ratio is 91.36%.
Exxon Mobil Company Profile
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.
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