In the last trading session, 3,190,000,000 shares of the Exxon Mobil Corporation (NYSE:XOM) were traded, and its beta was 1.41. Most recently the company’s share price was $56.34, and it changed around -$0.16 or 0% from the last close, which brings the market valuation of the company to $238.52 Billion. XOM currently trades at a discount to its 52-week high of $62.55, offering almost -11.02% off that amount. The share price’s 52-week low was $31.11, which indicates that the current value has risen by an impressive 44.78% since then. We note from Exxon Mobil Corporation’s average daily trading volume that its 10-day average is 22.08 Million shares, with the 3-month average coming to 31.32 Million.
Exxon Mobil Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 2.7. If we narrow it down even further, the data shows that 3 out of 28 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 16 recommended XOM as a Hold, whereas 8 deemed it a Buy, and no one rated it as Underweight. Exxon Mobil Corporation is expected to report earnings per share of $0.54 for the current quarter.
Exxon Mobil Corporation (NYSE:XOM): Trading Information
Although XOM has showed a red trend with a performance of -0.28% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $57.54 on Tuesday, Apr 06 increased the stock’s daily price by 2.09%. The company’s shares are currently up 0.37% year-to-date, but still down -0.0185 over the last five days. On the other hand, Exxon Mobil Corporation (NYSE:XOM) is -0.08% down in the 30-day period. We can see from the shorts that 64.29 Million shares have been sold at a short interest cover period of 2.05 day (s).
The consensus price target as assigned by Wall Street analysts is $61.37, which translates to bears needing to increase their stock price by 8.93% from its current value. Analyst projections state that XOM is forecast to be at a low of $40 and a high of $90. In order for the stock price to hit the forecast high, the stock would need to surge +59.74% from its current level, while the stock would need to crash -29% from its current level to reach the projected low.
Exxon Mobil Corporation (XOM) projections and forecasts
Exxon Mobil Corporation share prices are not performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +70.83 percent over the past six months and at a -1039.39% annual growth rate that is well below the industry average of 26%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain +1.9% in revenue this quarter, and will report an increase of 208.6% in the next quarter. The year-over-year growth rate is expected to be 33.9%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of $54.6 Billion in revenue for the current quarter. 7 analysts expect Exxon Mobil Corporation to make $59.49 Billion in revenue for the quarter ending June 01, 2021. The company’s sales for the same quarters a year ago were $56.16 Billion and $38.16 Billion respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -2.8%. Forecasts for the next quarter put sales growth at 55.9%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -27.5%. Exxon Mobil Corporation earnings are expected to decrease by -265.1% in 2021, but the outlook is positive 10.59% per year for the next five years.
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XOM Dividend Yield
Exxon Mobil Corporation’s next quarterly earnings report is expected to be released around April 29 – May 03, 2021. The annual dividend yield of the stock is 6.16 percent and its annual dividend per share was $3.48. It is important to note, however, that the 6.16% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 4.96% per year.
Exxon Mobil Corporation (NYSE:XOM)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0.12% of Exxon Mobil Corporation shares, and 52.54% of them are in the hands of institutional investors. The stock currently has a share float of 52.61%. Exxon Mobil Corporation stock is held by 3057 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Dec 30, 2020, it held 8.13% of the shares, which is about 344.39 Million shares worth $14.2 Billion.
Blackrock Inc., with 6.55% or 277.47 Million shares worth $11.44 Billion as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Select Sector SPDR Fund-Energy Select were the top two Mutual Funds as of Dec 30, 2020. The former held 119000000 shares worth $4.91 Billion, making up 2.81% of all outstanding shares. On the other hand, Select Sector SPDR Fund-Energy Select held roughly 90.48 Million shares worth around $4.92 Billion, which represents about 2.14% of the total shares outstanding.