FY2026 Earnings Forecast for ENI Issued By Erste Group Bank

Eni SpA (NYSE:E) – Stock analysts at Erste Group Bank increased their FY2026 earnings per share (EPS) estimates for ENI in a note issued to investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will post earnings of $6.47 per share for the year, up from their prior forecast of $6.36. The consensus estimate for ENI’s current full-year earnings is $6.50 per share.

ENI (NYSE:E) last posted its quarterly earnings data on Friday, October 23rd. The oil and gas exploration company reported $2.13 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.26. ENI had a net margin of 8.78% and a return on equity of 14.02%. The business had revenue of $29.49 billion during the quarter, compared to analysts’ expectations of $25.89 billion.

Several other analysts have also issued reports on the stock. Berenberg Bank increased their price target on shares of ENI from $51.00 to $59.50 and gave the stock a “hold” rating in a research report on Thursday, August 20th. Zacks Research downgraded shares of ENI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 13th. Barclays restated an “overweight” rating on shares of ENI in a research note on Monday, October 5th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of ENI in a research note on Tuesday, September 8th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of ENI in a research note on Sunday, September 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $58.45.

ENI Price Performance

Shares of NYSE:E opened at $60.56 on Tuesday. The firm has a 50 day moving average of $55.74 and a 200-day moving average of $51.19. ENI has a 12 month low of $36.13 and a 12 month high of $62.16. The company has a current ratio of 1.23, a quick ratio of 1.05 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $102.23 billion, a PE ratio of 11.15, a PEG ratio of 0.23 and a beta of 0.44.

ENI Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 7th. Shareholders of record on Tuesday, November 24th will be paid a dividend of $0.6335 per share. The ex-dividend date of this dividend is Tuesday, November 24th. This is a boost from ENI’s previous quarterly dividend of $0.6276. This represents a $2.53 dividend on an annualized basis and a dividend yield of 4.2%. ENI’s payout ratio is presently 28.92%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership acquired a new position in shares of ENI during the first quarter worth $63,334,000. Quantinno Capital Management LP boosted its holdings in shares of ENI by 13.2% during the 1st quarter. Quantinno Capital Management LP now owns 453,940 shares of the oil and gas exploration company’s stock valued at $25,698,000 after acquiring an additional 52,901 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in shares of ENI by 35.3% during the 1st quarter. QRG Capital Management Inc. now owns 133,035 shares of the oil and gas exploration company’s stock valued at $7,531,000 after acquiring an additional 34,738 shares in the last quarter. Optiver Holding B.V. acquired a new position in ENI in the 1st quarter worth about $6,586,000. Finally, TD Waterhouse Canada Inc. acquired a new position in ENI in the 3rd quarter worth about $4,222,000. 1.18% of the stock is currently owned by institutional investors and hedge funds.

About ENI

Eni S.p.A. is an integrated energy company headquartered in Rome, Italy. Founded in 1953, the company operates across the energy value chain, with activities spanning exploration and production, natural gas, liquefied natural gas, refining, chemicals, and energy-related services.

Eni explores for and produces oil and natural gas in several regions, including Europe, Africa, the Middle East, Asia, and the Americas. Through its downstream businesses, the company processes and markets fuels, develops chemical products, and supplies natural gas and electricity.