What is Scotiabank’s Forecast for BP FY2025 Earnings?

BP p.l.c. (NYSE:BP) – Equities researchers at Scotiabank increased their FY2025 earnings estimates for shares of BP in a research note issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now anticipates that the oil and gas exploration company will earn $2.95 per share for the year, up from their prior forecast of $2.85. The consensus estimate for BP’s current full-year earnings is $3.53 per share. Scotiabank also issued estimates for BP’s FY2026 earnings at $2.55 EPS.

Several other equities analysts also recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of BP from an “underweight” rating to a “neutral” rating in a report on Thursday, February 20th. Raymond James lifted their price objective on shares of BP from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Piper Sandler lowered their target price on shares of BP from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, December 19th. Wolfe Research set a $50.00 price target on BP in a report on Tuesday, January 14th. Finally, TD Securities restated a “hold” rating and issued a $36.00 price objective (down from $40.00) on shares of BP in a research report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, two have assigned a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $37.48.

BP Price Performance

NYSE BP opened at $34.29 on Monday. The firm’s fifty day simple moving average is $32.82 and its two-hundred day simple moving average is $31.28. The company has a current ratio of 1.25, a quick ratio of 0.97 and a debt-to-equity ratio of 0.70. BP has a 12-month low of $27.82 and a 12-month high of $40.40. The firm has a market capitalization of $93.09 billion, a P/E ratio of 428.68, a P/E/G ratio of 1.12 and a beta of 0.58.

BP (NYSE:BP) last announced its quarterly earnings results on Tuesday, February 11th. The oil and gas exploration company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.12). BP had a return on equity of 10.96% and a net margin of 0.20%.

BP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 5.60%. The ex-dividend date of this dividend is Friday, February 21st. BP’s dividend payout ratio is currently 2,375.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BP. Mascagni Wealth Management Inc. acquired a new stake in BP in the fourth quarter valued at $33,000. Asset Planning Inc acquired a new stake in BP in the 4th quarter valued at about $40,000. Bank & Trust Co increased its holdings in BP by 404.8% during the 4th quarter. Bank & Trust Co now owns 2,120 shares of the oil and gas exploration company’s stock valued at $63,000 after acquiring an additional 1,700 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of BP by 41.0% in the fourth quarter. Versant Capital Management Inc now owns 2,221 shares of the oil and gas exploration company’s stock valued at $66,000 after purchasing an additional 646 shares in the last quarter. Finally, Anchor Investment Management LLC grew its position in shares of BP by 58.7% in the third quarter. Anchor Investment Management LLC now owns 3,120 shares of the oil and gas exploration company’s stock valued at $98,000 after purchasing an additional 1,154 shares during the last quarter. 11.01% of the stock is owned by hedge funds and other institutional investors.

About BP

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.