Is Exxon Mobil Corp. (NYSE: XOM) Worth What Its Shareholders Think It Is?

During the recent session, Exxon Mobil Corp. (NYSE:XOM)’s traded shares were 2.44 million, with the beta value of the company hitting 0.88. At the last check today, the stock’s price was $118.04, reflecting an intraday gain of 1.16% or $1.35. The 52-week high for the XOM share is $126.34, that puts it down -7.03 from that peak though still a striking 18.87% gain since the share price plummeted to a 52-week low of $95.77. The company’s market capitalization is $524.43B, and the average intraday trading volume over the past 10 days was 11.13 million shares, and the average trade volume was 13.88 million shares over the past three months.

Exxon Mobil Corp. (XOM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.20. XOM has a Sell rating from 0 analyst(s) out of 26 analysts who have looked at this stock. 8 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 18 recommend a Buy rating for it.

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Exxon Mobil Corp. (NYSE:XOM) trade information

Exxon Mobil Corp. (XOM) registered a 1.16% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.16% in intraday trading to $118.04, hitting a weekly high. The stock’s 5-day price performance is -1.30%, and it has moved by -2.86% in 30 days. Based on these gigs, the overall price performance for the year is 11.52%. The short interest in Exxon Mobil Corp. (NYSE:XOM) is 41.27 million shares and it means that shorts have 2.7 day(s) to cover.

The consensus price target of analysts on Wall Street is $124, which implies an increase of 4.81% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $60 and $154 respectively. As a result, XOM is trading at a discount of -30.46% off the target high and 49.17% off the low.

Exxon Mobil Corp. (XOM) estimates and forecasts

Statistics show that Exxon Mobil Corp. has underperformed its competitors in share price, compared to the industry in which it operates. Exxon Mobil Corp. (XOM) shares have gone up 1.55% during the last six months, with a year-to-date growth rate less than the industry average at -15.44% against -6.90.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 12.74%. While earnings are projected to return -16.18% in 2024, the next five years will return 6.00% per annum.

XOM Dividends

Exxon Mobil Corp. is due to release its next quarterly earnings on 2024-Nov-01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Exxon Mobil Corp. is 3.80, with the dividend yield indicating at 3.22 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 5.06%.

Exxon Mobil Corp. (NYSE:XOM)’s Major holders

Exxon Mobil Corp. insiders own 0.05% of total outstanding shares while institutional holders control 64.72%, with the float percentage being 64.75%. VANGUARD GROUP INC is the largest shareholder of the company, while 4628.0 institutions own stock in it. As of 2024-06-30, the company held over 433.05 million shares (or 10.8316% of all shares), a total value of $49.85 billion in shares.

The next largest institutional holding, with 303.41 million shares, is of BLACKROCK INC.’s that is approximately 7.5889% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $34.93 billion.