BP p.l.c. (NYSE:BP) Expected to Earn FY2026 Earnings of $5.78 Per Share

BP p.l.c. (NYSE:BP) – Stock analysts at Zacks Research lowered their FY2026 earnings per share (EPS) estimates for shares of BP in a research note issued to investors on Tuesday, April 9th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will post earnings per share of $5.78 for the year, down from their prior estimate of $6.37. The consensus estimate for BP’s current full-year earnings is $4.93 per share.

BP (NYSE:BP) last posted its quarterly earnings results on Tuesday, February 6th. The oil and gas exploration company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.11. BP had a return on equity of 16.00% and a net margin of 7.15%. The business had revenue of $52.14 billion for the quarter, compared to analyst estimates of $53.14 billion. During the same period last year, the company earned $1.59 EPS. The firm’s revenue was down 24.7% on a year-over-year basis.

Several other research analysts have also weighed in on BP. TD Securities lifted their target price on BP from $41.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Erste Group Bank upgraded BP from a “hold” rating to a “buy” rating in a report on Wednesday, April 3rd. Piper Sandler lifted their target price on BP from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, March 14th. Scotiabank lifted their price target on BP from $41.00 to $45.00 and gave the company a “sector outperform” rating in a research note on Wednesday, February 7th. Finally, Jefferies Financial Group raised BP from a “hold” rating to a “buy” rating and lifted their price target for the company from $38.60 to $42.30 in a research note on Monday, March 4th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, BP has an average rating of “Hold” and an average target price of $42.66.

BP Stock Up 0.3 %

NYSE:BP opened at $39.42 on Thursday. BP has a 12-month low of $33.52 and a 12-month high of $40.84. The company has a quick ratio of 0.94, a current ratio of 1.21 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $111.61 billion, a P/E ratio of 7.74, a P/E/G ratio of 1.97 and a beta of 0.68. The stock’s fifty day simple moving average is $36.72 and its 200-day simple moving average is $36.46.

BP Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, February 16th were given a $0.4362 dividend. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend was Thursday, February 15th. BP’s dividend payout ratio is currently 33.79%.

Institutional Trading of BP

A number of hedge funds and other institutional investors have recently modified their holdings of BP. Intrepid Capital Management Inc. acquired a new position in BP during the second quarter worth approximately $28,000. Turim 21 Investimentos Ltda. bought a new stake in shares of BP during the first quarter worth approximately $30,000. First United Bank & Trust bought a new stake in shares of BP during the fourth quarter worth approximately $33,000. Indiana Trust & Investment Management CO bought a new stake in shares of BP during the third quarter worth approximately $35,000. Finally, Versant Capital Management Inc bought a new stake in shares of BP during the fourth quarter worth approximately $35,000. Institutional investors and hedge funds own 11.01% of the company’s stock.

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.