What is Erste Group Bank’s Forecast for ENI FY2026 Earnings?

Eni SpA (NYSE:E) – Investment analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for shares of ENI in a report issued on Friday, June 5th. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will earn $5.90 per share for the year, down from their previous forecast of $5.96. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $6.08 per share. Erste Group Bank also issued estimates for ENI’s FY2027 earnings at $5.53 EPS.

ENI (NYSE:E) last released its quarterly earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.79 earnings per share for the quarter. The firm had revenue of $23.22 billion for the quarter. ENI had a return on equity of 9.21% and a net margin of 3.37%.

E has been the topic of a number of other reports. Weiss Ratings reissued a “hold (c)” rating on shares of ENI in a report on Monday, April 20th. JPMorgan Chase & Co. raised ENI from an “underweight” rating to an “overweight” rating in a report on Monday, March 2nd. Wall Street Zen cut ENI from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. BNP Paribas Exane raised ENI from a “neutral” rating to an “outperform” rating and set a $64.30 price target on the stock in a report on Friday, April 17th. Finally, Rothschild & Co Redburn raised ENI from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $42.30.

ENI Stock Performance

E opened at $54.07 on Friday. The firm has a market cap of $91.27 billion, a P/E ratio of 31.08, a PEG ratio of 0.23 and a beta of 0.38. ENI has a 1-year low of $31.86 and a 1-year high of $58.00. The company has a 50 day simple moving average of $54.69 and a two-hundred day simple moving average of $46.74. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.16 and a quick ratio of 1.02.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of E. DV Equities LLC purchased a new position in shares of ENI during the fourth quarter valued at approximately $35,000. Manchester Capital Management LLC boosted its position in shares of ENI by 56.8% during the fourth quarter. Manchester Capital Management LLC now owns 1,206 shares of the oil and gas exploration company’s stock valued at $46,000 after buying an additional 437 shares during the period. Advisory Services Network LLC purchased a new position in shares of ENI during the third quarter valued at approximately $47,000. Larson Financial Group LLC boosted its position in shares of ENI by 37.5% during the third quarter. Larson Financial Group LLC now owns 1,387 shares of the oil and gas exploration company’s stock valued at $48,000 after buying an additional 378 shares during the period. Finally, CIBC Private Wealth Group LLC purchased a new position in shares of ENI during the third quarter valued at approximately $48,000. Hedge funds and other institutional investors own 1.18% of the company’s stock.

ENI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.6313 per share. This represents a $2.53 annualized dividend and a dividend yield of 4.7%. This is a boost from ENI’s previous quarterly dividend of $0.61. The ex-dividend date was Tuesday, May 19th. ENI’s dividend payout ratio (DPR) is presently 99.43%.

ENI Company Profile

ENI S.p.A. is an integrated energy company headquartered in Rome, Italy, founded in 1953 as a state-established hydrocarbon entity and later transformed into a publicly traded multinational. The firm’s activities span the full hydrocarbon value chain and extend into power generation and low‑carbon energy solutions. ENI maintains a long history in exploration and production, engineering and project development, and downstream operations that include refining, petrochemicals and retail fuel distribution.

Core businesses include upstream exploration and production of oil and natural gas, midstream and liquefied natural gas (LNG) handling, and downstream refining and marketing of petroleum products and lubricants.