Zacks Research Analysts Increase Earnings Estimates for BP

BP p.l.c. (NYSE:BP) – Investment analysts at Zacks Research upped their Q2 2026 earnings per share estimates for BP in a research report issued on Tuesday, March 4th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will post earnings of $1.09 per share for the quarter, up from their previous estimate of $0.90. The consensus estimate for BP’s current full-year earnings is $3.53 per share. Zacks Research also issued estimates for BP’s Q3 2026 earnings at $1.12 EPS, Q4 2026 earnings at $1.11 EPS and FY2026 earnings at $4.10 EPS.

Several other research firms have also recently weighed in on BP. Royal Bank of Canada restated a “sector perform” rating on shares of BP in a report on Tuesday, January 14th. Wolfe Research set a $50.00 target price on shares of BP in a report on Tuesday, January 14th. Morgan Stanley dropped their price target on shares of BP from $34.70 to $31.80 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. JPMorgan Chase & Co. upgraded BP from an “underweight” rating to a “neutral” rating in a report on Thursday, February 20th. Finally, DZ Bank downgraded BP from a “hold” rating to a “sell” rating in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, three have given a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, BP currently has a consensus rating of “Hold” and a consensus target price of $38.26.

BP Trading Down 0.5 %

Shares of BP stock opened at $31.71 on Thursday. BP has a twelve month low of $27.82 and a twelve month high of $40.40. The stock’s fifty day simple moving average is $32.05 and its 200 day simple moving average is $31.32. The company has a quick ratio of 0.97, a current ratio of 1.25 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $84.88 billion, a P/E ratio of 396.37, a P/E/G ratio of 1.12 and a beta of 0.58.

BP (NYSE:BP) last issued its quarterly earnings data 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

A number of institutional investors have recently modified their holdings of the stock. Sunbelt Securities Inc. increased its position in BP by 3.3% in the 4th quarter. Sunbelt Securities Inc. now owns 11,839 shares of the oil and gas exploration company’s stock valued at $344,000 after buying an additional 380 shares in the last quarter. Fiduciary Trust Co grew its stake in BP by 28.7% in the fourth quarter. Fiduciary Trust Co now owns 13,189 shares of the oil and gas exploration company’s stock valued at $390,000 after acquiring an additional 2,944 shares during the period. Cary Street Partners Financial LLC acquired a new position in shares of BP during the fourth quarter worth approximately $1,255,000. Ameriprise Financial Inc. lifted its holdings in shares of BP by 4.3% in the 4th quarter. Ameriprise Financial Inc. now owns 940,786 shares of the oil and gas exploration company’s stock worth $27,810,000 after purchasing an additional 38,759 shares in the last quarter. Finally, Syon Capital LLC grew its position in BP by 38.9% in the 4th quarter. Syon Capital LLC now owns 21,476 shares of the oil and gas exploration company’s stock valued at $635,000 after purchasing an additional 6,019 shares during the period. Institutional investors and hedge funds own 11.01% of the company’s stock.

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 given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 6.06%. The ex-dividend date of this dividend is Friday, February 21st. BP’s dividend payout ratio (DPR) is 2,375.00%.

BP Company Profile

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.