Equities research analysts expect Total SA (NYSE:TOT) to report earnings of $1.06 per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Total’s earnings, with estimates ranging from $0.94 to $1.18. Total posted earnings of $0.96 per share during the same quarter last year, which indicates a positive year over year growth rate of 10.4%. The firm is expected to report its next earnings report on Thursday, February 8th.
On average, analysts expect that Total will report full year earnings of $4.15 per share for the current year, with EPS estimates ranging from $3.96 to $4.28. For the next year, analysts expect that the company will post earnings of $4.82 per share, with EPS estimates ranging from $4.32 to $5.16. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for Total.
A number of analysts have issued reports on TOT shares. Zacks Investment Research raised Total from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research note on Saturday, January 20th. Canaccord Genuity reaffirmed a “buy” rating and issued a $19.00 price objective on shares of Total in a research note on Tuesday, January 16th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Total in a research note on Monday, December 11th. TD Securities reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Total in a research note on Friday, November 24th. Finally, Cowen reissued a “buy” rating and set a $58.00 target price on shares of Total in a research report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $49.38.
The company also recently announced a quarterly dividend, which was paid on Friday, January 19th. Shareholders of record on Monday, December 18th were issued a $0.734 dividend. This represents a $2.94 annualized dividend and a dividend yield of 5.38%. The ex-dividend date of this dividend was Friday, December 15th. Total’s dividend payout ratio is 35.65%.
Several hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN lifted its holdings in shares of Total by 4.8% in the 4th quarter. Wells Fargo & Company MN now owns 7,283,528 shares of the oil and gas exploration company’s stock worth $402,633,000 after buying an additional 331,347 shares during the period. First Trust Advisors LP lifted its stake in shares of Total by 4.1% during the 4th quarter. First Trust Advisors LP now owns 542,260 shares of the oil and gas exploration company’s stock worth $29,976,000 after purchasing an additional 21,196 shares during the last quarter. Aviance Capital Management LLC lifted its stake in shares of Total by 293.6% during the 4th quarter. Aviance Capital Management LLC now owns 17,778 shares of the oil and gas exploration company’s stock worth $983,000 after purchasing an additional 13,261 shares during the last quarter. Cetera Advisor Networks LLC purchased a new stake in shares of Total during the 4th quarter worth $654,000. Finally, Sei Investments Co. lifted its stake in shares of Total by 5.1% during the 4th quarter. Sei Investments Co. now owns 363,688 shares of the oil and gas exploration company’s stock worth $20,105,000 after purchasing an additional 17,812 shares during the last quarter. Institutional investors and hedge funds own 5.43% of the company’s stock.
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Total SA (Total) is an oil and gas company. The Company has three segments: an Upstream segment, including the activities of the exploration and production of hydrocarbons, and the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub consisting of the activities of refining, petrochemicals and specialty chemicals, and also includes the activities of oil trading and shipping, and a Marketing & Services segment, including the activities of supply and marketing in the field of petroleum products, as well as the activity of New Energies.
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