Exxon Mobil Corp. (NYSE:XOM) has a beta value of 0.96 and has seen 17.5 million shares traded in the last trading session. The company, currently valued at $478.32B, closed the last trade at $120.55 per share which meant it lost -$0.82 on the day or -0.68% during that session. The XOM stock price is -1.33% off its 52-week high price of $122.15 and 20.56% above the 52-week low of $95.77. If we look at the company’s 10-day average daily trading volume, we find that it stood at 16.6 million shares traded. The 3-month trading volume is 18.33 million shares.
Exxon Mobil Corp. (NYSE:XOM) trade information
Sporting -0.68% in the red in last session, the stock has traded in the green over the last five days, when the XOM stock price touched $120.55 or saw a rise of 1.31%. Year-to-date, Exxon Mobil Corp. shares have moved 20.57%, while the 5-day performance has seen it change 3.04%. Over the past 30 days, the shares of Exxon Mobil Corp. (NYSE:XOM) have changed 12.28%. Short interest in the company has seen 109.06 million shares shorted with days to cover at 5.74.
Exxon Mobil Corp. (XOM) estimates and forecasts
Figures show that Exxon Mobil Corp. shares have underperformed across the wider relevant industry. The company’s shares have gained 10.61% over the past 6 months, with this year growth rate of -1.47%, compared to 2.10% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -28.30% and 8.20% for the next quarter. Revenue growth from the last financial year stood is estimated to be -3.20%.
8 analysts offering their estimates for the company have set an average revenue estimate of $71.75 billion for the current quarter. 8 have an estimated revenue figure of $73.84 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $86.56 billion and $82.91 billion respectively for this quarter and the next, and analysts expect sales will shrink by -17.10% for the current quarter and -10.90% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 12.74% over the past 5 years. Earnings growth for 2024 is a modest -3.76% while over the next 5 years, the company’s earnings are expected to decrease by -2.00%.
XOM Dividends
Exxon Mobil Corp. is expected to release its next earnings report between April 26 and April 30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 3.72 at a share yield of 3.09%. The company’s dividend yield has gone up over the past 12 months.
Exxon Mobil Corp. (NYSE:XOM)’s Major holders
Insiders own 0.06% of the company shares, while shares held by institutions stand at 62.84% with a share float percentage of 62.88%. Investors are also buoyed by the number of investors in a company, with Exxon Mobil Corp. having a total of 4,400 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 388.24 million shares worth more than $41.64 billion. As of Jun 29, 2023, Vanguard Group Inc held 9.70% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 271.99 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $29.17 billion and represent 6.79% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Jun 29, 2023, the former fund manager holds about 3.15% shares in the company for having 126.07 million shares of worth $13.52 billion while later fund manager owns 96.26 million shares of worth $10.32 billion as of Jun 29, 2023, which makes it owner of about 2.40% of company’s outstanding stock.
