In today’s recent session, 4.16 million shares of the Exxon Mobil Corp (NYSE:XOM) have been traded, and its beta is 0.87. Most recently the company’s share price was $111.86, and it changed around -$1.04 or -0.92% from the last close, which brings the market valuation of the company to $491.64B. XOM at last check was trading at a discount to its 52-week high of $126.34, offering almost -12.94% off that amount. The share price’s 52-week low was $95.77, which indicates that the recent value has risen by an impressive 14.38% since then. We note from Exxon Mobil Corp’s average daily trading volume that its 10-day average is 15.52 million shares, with the 3-month average coming to 14.47 million.
Exxon Mobil Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.17. If we narrow it down even further, the data shows that 0 out of 28 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 12 recommended XOM as a Hold, whereas 8 deemed it a Buy, and 1 rated it as Underweight. Exxon Mobil Corp is expected to report earnings per share of 1.77 for the current quarter.
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Exxon Mobil Corp (NYSE:XOM) trade information
Instantly XOM has been showing red trend so far today with a performance of -0.92% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 117.55 on recent trading dayincreased the stock’s daily price by 4.84%. The company’s shares are currently up 11.88% year-to-date, but still down -4.94% over the last five days. On the other hand, Exxon Mobil Corp (NYSE:XOM) is -7.64% down in the 30-day period. We can see from the shorts that 41.58 million shares have been sold at a short interest cover period of 3.13 day(s).
The consensus price target as assigned by Wall Street analysts is $137, which translates to bulls needing to increase their stock price by 18.35% from its current value. Analyst projections state that XOM is forecast to be at a low of $117 and a high of $154.
Exxon Mobil Corp (XOM) estimates and forecasts
Exxon Mobil Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -0.28 percent over the past six months and at a -16.60% annual growth rate that is well below the industry average of -6.70%. The year-over-year growth rate is expected to be 3.02%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 88.86B in revenue for the current quarter. 7 analysts expect Exxon Mobil Corp to make 84.75B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 84.34B and 83.08B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.35%. Forecasts for the next quarter put sales growth at 2.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.74%. Exxon Mobil Corp earnings are expected to increase by -16.31% in 2024, but the outlook is positive 4.50% per year for the next five years.
XOM Dividends
Exxon Mobil Corp’s next quarterly earnings report is expected to be released in January. The annual dividend yield of the stock is 3.43 percent and its annual dividend per share was 3.84. It is important to note, however, that the 3.43% 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 5.0 per year.
Exxon Mobil Corp (NYSE:XOM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.06% of Exxon Mobil Corp shares, and 65.60% of them are in the hands of institutional investors. The stock currently has a share float of 65.64%. Exxon Mobil Corp stock is held by 4670.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 10.8316% of the shares, which is about 433.05 million shares worth $49.85 billion.
BLACKROCK INC., with 7.5889% or 303.41 million shares worth $34.93 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
