What is Erste Group Bank’s Forecast for ENI FY2026 Earnings?

Eni SpA (NYSE:E) – Equities research analysts at Erste Group Bank decreased their FY2026 earnings per share estimates for ENI in a note issued to investors on Friday, June 5th. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will post earnings per share of $5.90 for the year, down from their previous estimate of $5.96. Erste Group Bank has a “Strong-Buy” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $6.08 per share. Erste Group Bank also issued estimates for ENI’s FY2027 earnings at $5.53 EPS.

ENI (NYSE:E) last posted its quarterly earnings data on Tuesday, March 31st. The oil and gas exploration company reported $0.79 earnings per share (EPS) for the quarter. The company had revenue of $23.22 billion during the quarter. ENI had a return on equity of 9.21% and a net margin of 3.37%.

E has been the subject of several other research reports. Zacks Research lowered ENI from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Rothschild & Co Redburn raised ENI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 9th. Wall Street Zen lowered ENI from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. BNP Paribas Exane raised ENI from a “neutral” rating to an “outperform” rating and set a $64.30 price target for the company in a research note on Friday, April 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of ENI in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $42.30.

ENI Price Performance

NYSE:E opened at $54.07 on Friday. The firm has a market capitalization of $91.27 billion, a price-to-earnings ratio of 31.08, a P/E/G ratio of 0.23 and a beta of 0.38. ENI has a 52-week low of $31.86 and a 52-week high of $58.00. The stock has a fifty day moving average of $54.69 and a 200 day moving average of $46.74. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.02 and a current ratio of 1.16.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership bought a new stake in shares of ENI in the 1st quarter worth approximately $63,334,000. Natixis Advisors LLC boosted its position in shares of ENI by 6.6% in the 3rd quarter. Natixis Advisors LLC now owns 3,113,710 shares of the oil and gas exploration company’s stock worth $108,824,000 after purchasing an additional 192,646 shares in the last quarter. Capital Wealth Planning LLC boosted its position in shares of ENI by 109.7% in the 4th quarter. Capital Wealth Planning LLC now owns 306,408 shares of the oil and gas exploration company’s stock worth $11,962,000 after purchasing an additional 160,324 shares in the last quarter. American Century Companies Inc. boosted its position in shares of ENI by 33.2% in the 3rd quarter. American Century Companies Inc. now owns 636,891 shares of the oil and gas exploration company’s stock worth $22,259,000 after purchasing an additional 158,699 shares in the last quarter. Finally, Optiver Holding B.V. bought a new stake in shares of ENI in the 1st quarter worth approximately $6,586,000. Hedge funds and other institutional investors own 1.18% of the company’s stock.

ENI Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were issued a dividend of $0.6313 per share. This is a positive change from ENI’s previous quarterly dividend of $0.61. The ex-dividend date was Tuesday, May 19th. This represents a $2.53 dividend on an annualized basis and a dividend yield of 4.7%. ENI’s dividend payout ratio (DPR) is currently 99.43%.

ENI Company Profile

ENI S.p.A. is an integrated energy company headquartered in Rome, Italy, founded in 1953 as a state-established hydrocarbon entity and later transformed into a publicly traded multinational. The firm’s activities span the full hydrocarbon value chain and extend into power generation and low?carbon energy solutions. ENI maintains a long history in exploration and production, engineering and project development, and downstream operations that include refining, petrochemicals and retail fuel distribution.

Core businesses include upstream exploration and production of oil and natural gas, midstream and liquefied natural gas (LNG) handling, and downstream refining and marketing of petroleum products and lubricants.