Brokers Issue Forecasts for BP’s Q1 Earnings (NYSE:BP)

BP p.l.c. (NYSE:BP) – Zacks Research lowered their Q1 2025 EPS estimates for shares of BP in a research note issued on Tuesday, March 4th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will earn $0.61 per share for the quarter, down from their prior estimate of $0.71. The consensus estimate for BP’s current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP’s Q2 2025 earnings at $0.81 EPS, Q3 2025 earnings at $0.94 EPS, Q4 2025 earnings at $0.93 EPS, FY2025 earnings at $3.29 EPS, Q1 2026 earnings at $0.78 EPS and FY2027 earnings at $4.65 EPS.

A number of other equities analysts also recently commented on BP. JPMorgan Chase & Co. raised shares of BP from an “underweight” rating to a “neutral” rating in a research note on Thursday, February 20th. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of BP in a research report on Tuesday, January 14th. Morgan Stanley cut their target price on BP from $34.70 to $31.80 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Wells Fargo & Company upped their price target on BP from $30.00 to $37.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 12th. Finally, Wolfe Research set a $50.00 price objective on BP in a research report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, three have given a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $38.26.

BP Stock Up 1.4 %

NYSE BP opened at $31.90 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 1.25 and a debt-to-equity ratio of 0.70. BP has a 52 week low of $27.82 and a 52 week high of $40.40. The business’s fifty day simple moving average is $31.99 and its 200-day simple moving average is $31.32. The firm has a market cap of $85.39 billion, a PE ratio of 398.74, a P/E/G ratio of 1.12 and a beta of 0.64.

BP (NYSE:BP) last posted its quarterly earnings results on Tuesday, February 11th. The oil and gas exploration company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.12). BP had a net margin of 0.20% and a return on equity of 10.96%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BP. Ameriprise Financial Inc. grew its position in shares of BP by 4.3% during the fourth quarter. Ameriprise Financial Inc. now owns 940,786 shares of the oil and gas exploration company’s stock worth $27,810,000 after buying an additional 38,759 shares in the last quarter. Wedge Capital Management L L P NC lifted its stake in BP by 2.2% in the fourth quarter. Wedge Capital Management L L P NC now owns 660,538 shares of the oil and gas exploration company’s stock worth $19,526,000 after acquiring an additional 14,436 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of BP by 30.1% in the 4th quarter. Bank of New York Mellon Corp now owns 474,957 shares of the oil and gas exploration company’s stock valued at $14,040,000 after purchasing an additional 110,019 shares during the last quarter. Kornitzer Capital Management Inc. KS raised its holdings in shares of BP by 2.3% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 465,242 shares of the oil and gas exploration company’s stock valued at $13,753,000 after purchasing an additional 10,262 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of BP by 1.2% during the 3rd quarter. Captrust Financial Advisors now owns 440,973 shares of the oil and gas exploration company’s stock worth $13,842,000 after purchasing an additional 5,150 shares during the last quarter. 11.01% of the stock is owned by institutional investors and hedge funds.

BP Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 21st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 6.02%. The ex-dividend date is Friday, February 21st. BP’s payout ratio is currently 2,375.00%.

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.