Scotiabank Equities Analysts Boost Earnings Estimates for BP

BP p.l.c. (NYSE:BP) – Equities researchers at Scotiabank lifted their FY2025 earnings per share (EPS) estimates for shares of BP in a report issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now expects 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.

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

Other equities research analysts have also issued reports about the company. TD Securities reissued a “hold” rating and set a $36.00 price target (down from $40.00) on shares of BP in a research report on Wednesday, March 19th. Morgan Stanley dropped their price target on BP from $34.70 to $31.80 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. StockNews.com lowered BP from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Raymond James upped their price target on BP from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Finally, Royal Bank of Canada restated a “sector perform” rating on shares of BP in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating, two have assigned a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $37.48.

BP Stock Performance

Shares of BP opened at $34.60 on Monday. The company has a quick ratio of 0.97, a current ratio of 1.25 and a debt-to-equity ratio of 0.70. The firm has a market cap of $92.62 billion, a price-to-earnings ratio of 432.49, a PEG ratio of 1.12 and a beta of 0.58. BP has a 52-week low of $27.82 and a 52-week high of $40.40. The business’s 50 day moving average is $32.70 and its two-hundred day moving average is $31.25.

BP Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 21st will be paid a $0.48 dividend. The ex-dividend date is Friday, February 21st. This represents a $1.92 annualized dividend and a dividend yield of 5.55%. BP’s payout ratio is 2,375.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BP. Asset Planning Inc bought a new position in BP during the fourth quarter valued at about $40,000. Bank & Trust Co boosted its stake in BP by 404.8% during the fourth quarter. Bank & Trust Co now owns 2,120 shares of the oil and gas exploration company’s stock valued at $63,000 after buying an additional 1,700 shares in the last quarter. Versant Capital Management Inc boosted its stake in BP by 41.0% during 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 buying an additional 646 shares in the last quarter. Anchor Investment Management LLC boosted its stake in BP by 58.7% during 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 buying an additional 1,154 shares in the last quarter. Finally, Wellington Shields Capital Management LLC boosted its stake in BP by 26.9% during the fourth quarter. Wellington Shields Capital Management LLC now owns 7,550 shares of the oil and gas exploration company’s stock valued at $223,000 after buying an additional 1,600 shares in the last quarter. Institutional investors 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.