Research Analysts Set Expectations for BP Q2 Earnings

BP p.l.c. (NYSE:BP) – Stock analysts at Zacks Research lifted their Q2 2026 earnings per share (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 post earnings per share of $1.09 for the quarter, up from their previous forecast 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.

A number of other equities analysts also recently weighed in on the stock. Wells Fargo & Company boosted their target price on shares of BP from $30.00 to $37.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 12th. Raymond James upped their target price on shares of BP from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, January 17th. JPMorgan Chase & Co. raised BP from an “underweight” rating to a “neutral” rating in a research report on Thursday, February 20th. Piper Sandler cut their price objective on BP from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, December 19th. Finally, DZ Bank lowered BP from a “hold” rating to a “sell” rating in a report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, three have given a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $38.26.

BP Price Performance

NYSE:BP opened at $31.90 on Thursday. The company has a market cap of $85.39 billion, a P/E ratio of 398.74, a P/E/G ratio of 1.12 and a beta of 0.58. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.97 and a current ratio of 1.25. BP has a 52-week low of $27.82 and a 52-week high of $40.40. The stock’s 50-day simple moving average is $31.99 and its 200 day simple moving average is $31.32.

BP (NYSE:BP) last announced its 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 return on equity of 10.96% and a net margin of 0.20%.

Institutional Investors Weigh In On BP

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Asset Planning Inc acquired a new stake in BP in the fourth quarter valued at approximately $40,000. Bank & Trust Co grew its holdings in shares of BP by 404.8% during the fourth quarter. Bank & Trust Co now owns 2,120 shares of the oil and gas exploration company’s stock worth $63,000 after purchasing an additional 1,700 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of BP by 41.0% in the fourth quarter. Versant Capital Management Inc now owns 2,221 shares of the oil and gas exploration company’s stock valued at $66,000 after buying an additional 646 shares during the period. Anchor Investment Management LLC raised its holdings in BP by 58.7% in the 3rd quarter. Anchor Investment Management LLC now owns 3,120 shares of the oil and gas exploration company’s stock valued at $98,000 after buying an additional 1,154 shares during the last quarter. Finally, Wellington Shields Capital Management LLC boosted its position in BP by 26.9% during the 4th quarter. Wellington Shields Capital Management LLC now owns 7,550 shares of the oil and gas exploration company’s stock worth $223,000 after buying an additional 1,600 shares during the period. 11.01% of the stock is owned by institutional investors.

BP Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 6.02%. The ex-dividend date is Friday, February 21st. BP’s dividend payout ratio (DPR) is presently 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.