It’s Easy To Bet On Exxon Mobil Corp (NYSE: XOM) For Economic Progress Over The Impending Months

In today’s recent session, 3.96 million shares of the Exxon Mobil Corp (NYSE:XOM) have been traded, and its beta is 0.61. Most recently the company’s share price was $119.03, and it changed around $2.44 or 2.09% from the last close, which brings the market valuation of the company to $516.49B. XOM at last check was trading at a discount to its 52-week high of $126.34, offering almost -6.14% off that amount. The share price’s 52-week low was $103.67, which indicates that the recent value has risen by an impressive 12.9% since then. We note from Exxon Mobil Corp’s average daily trading volume that its 10-day average is 18.46 million shares, with the 3-month average coming to 15.91 million.

Exxon Mobil Corp stock received a consensus recommendation rating of Hold, based on a mean score of 1.97. 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, 11 recommended XOM as a Hold, whereas 9 deemed it a Buy, and 1 rated it as Underweight.

Exxon Mobil Corp (NYSE:XOM) trade information

Instantly XOM has been showing a green trend so far today with a performance of 2.09% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 119.11 on recent trading dayincreased the stock’s daily price by 0.07%. The company’s shares are currently up 10.65% year-to-date, but still up 3.14% over the last five days. On the other hand, Exxon Mobil Corp (NYSE:XOM) is 8.48% up in the 30-day period. We can see from the shorts that 46.26 million shares have been sold at a short interest cover period of 2.72 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 13.12% from its current value. Analyst projections state that XOM is forecast to be at a low of $117 and a high of $145.

Exxon Mobil Corp (XOM) estimates and forecasts

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 18.47%. Exxon Mobil Corp earnings are expected to increase by -4.08% in 2025, but the outlook is positive 9.86% per year for the next five years.

XOM Dividends

Exxon Mobil Corp’s next quarterly earnings report is expected to be released on 2025-Jan-30. The annual dividend yield of the stock is 3.26 percent and its annual dividend per share was 3.88. It is important to note, however, that the 3.26% 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 4.89 per year.

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

Upon looking at major shareholders, it appears that insiders hold 0.07% of Exxon Mobil Corp shares, and 66.23% of them are in the hands of institutional investors. The stock currently has a share float of 66.27%. Exxon Mobil Corp stock is held by 5009.0 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 7.0281% or 303.41 million shares worth $34.93 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 137.68 shares worth $16.33 billion, making up 3.17% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 118.97 shares worth around $14.11 billion, which represents about 2.74% of the total shares outstanding.