Scotiabank Forecasts Shell’s FY2026 Earnings (NYSE:SHEL)

Shell plc (NYSE:SHEL) – Equities researchers at Scotiabank issued their FY2026 earnings estimates for shares of Shell in a report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng anticipates that the energy company will post earnings of $7.05 per share for the year. Scotiabank has a “Sector Outperform” rating and a $80.00 price objective on the stock. The consensus estimate for Shell’s current full-year earnings is $8.52 per share.

Several other analysts have also recently issued reports on SHEL. Barclays raised Shell to a “strong-buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company lowered their price objective on shares of Shell from $87.00 to $86.00 and set an “overweight” rating for the company in a research report on Friday. Sanford C. Bernstein upgraded shares of Shell to a “strong-buy” rating in a research report on Friday, October 11th. Citigroup upgraded Shell to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Wolfe Research raised Shell from a “peer perform” rating to an “outperform” rating and set a $80.00 price objective for the company in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $79.69.

Shell Trading Up 0.5 %

Shares of SHEL stock opened at $65.02 on Friday. The stock’s 50-day moving average price is $64.43 and its 200-day moving average price is $68.10. Shell has a 12-month low of $60.15 and a 12-month high of $74.61. The stock has a market capitalization of $200.08 billion, a price-to-earnings ratio of 13.38, a price-to-earnings-growth ratio of 4.84 and a beta of 0.55. The company has a current ratio of 1.40, a quick ratio of 1.13 and a debt-to-equity ratio of 0.34.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Fairscale Capital LLC purchased a new position in shares of Shell during the second quarter worth approximately $33,000. Fortitude Family Office LLC bought a new stake in Shell during the 3rd quarter valued at $30,000. Valley Wealth Managers Inc. purchased a new stake in shares of Shell in the 3rd quarter worth $33,000. Brooklyn Investment Group purchased a new position in shares of Shell during the third quarter valued at $35,000. Finally, GHP Investment Advisors Inc. raised its holdings in shares of Shell by 40.8% in the third quarter. GHP Investment Advisors Inc. now owns 563 shares of the energy company’s stock valued at $37,000 after acquiring an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 28.60% of the company’s stock.

Shell Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 15th were paid a dividend of $0.688 per share. This represents a $2.75 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date was Friday, November 15th. Shell’s dividend payout ratio is currently 56.58%.

About Shell

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.