Scotiabank Forecasts Shell’s FY2025 Earnings (NYSE:SHEL)

Shell plc (NYSE:SHEL) – Equities research analysts at Scotiabank increased their FY2025 earnings per share estimates for shares of Shell in a research note issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now forecasts that the energy company will post earnings of $7.90 per share for the year, up from their previous forecast of $7.85. The consensus estimate for Shell’s current full-year earnings is $7.67 per share. Scotiabank also issued estimates for Shell’s FY2026 earnings at $7.75 EPS.

Shell (NYSE:SHEL) last issued its earnings results on Thursday, January 30th. The energy company reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.54). Shell had a net margin of 5.57% and a return on equity of 12.75%.

A number of other research analysts have also issued reports on SHEL. Wells Fargo & Company lowered their target price on Shell from $86.00 to $82.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. Wolfe Research raised Shell from a “peer perform” rating to an “outperform” rating and set a $80.00 target price for the company in a report on Friday, January 3rd. Morgan Stanley upgraded Shell from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $66.50 to $79.80 in a report on Tuesday, January 7th. UBS Group raised shares of Shell from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 8th. Finally, TD Securities lifted their price objective on shares of Shell from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Wednesday, March 19th. One analyst has rated the stock with a hold rating, nine have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $79.48.

Shell Stock Up 0.5 %

Shares of Shell stock opened at $71.33 on Monday. Shell has a 1-year low of $60.15 and a 1-year high of $74.61. The business’s fifty day moving average price is $67.17 and its two-hundred day moving average price is $66.24. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.35 and a quick ratio of 1.10. The company has a market capitalization of $215.69 billion, a P/E ratio of 14.21, a PEG ratio of 0.98 and a beta of 0.47.

Hedge Funds Weigh In On Shell

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Valley National Advisers Inc. grew its holdings in shares of Shell by 930.2% during the fourth quarter. Valley National Advisers Inc. now owns 443 shares of the energy company’s stock worth $27,000 after purchasing an additional 400 shares during the last quarter. CoreFirst Bank & Trust bought a new position in shares of Shell in the fourth quarter worth about $28,000. Human Investing LLC acquired a new position in shares of Shell during the fourth quarter worth approximately $31,000. Transce3nd LLC acquired a new stake in shares of Shell in the fourth quarter valued at approximately $34,000. Finally, Brooklyn Investment Group acquired a new position in Shell during the 3rd quarter worth $35,000. Institutional investors own 28.60% of the company’s stock.

Shell Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, February 14th were given a $0.716 dividend. This is a boost from Shell’s previous quarterly dividend of $0.69. This represents a $2.86 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend was Friday, February 14th. Shell’s dividend payout ratio (DPR) is 56.97%.

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.