Is XOM a good dividend stock?

Is Exxon a good dividend stock?

If you’re mainly looking at the dividend, the 6% yield at recent prices is incredibly attractive. Most importantly, the payout is probably very secure at this point in the recovery.

Is XOM a buy or sell?

XOM stock is in buy range after breaking out of a cup base with a 65.02 entry point, according to MarketSmith chart analysis. The Accumulation/Distribution rating of B- indicates more buying than selling of XOM stock by institutional investors.

Is XOM a good stock to buy?

Exxon Mobil Corporation – Buy

Zacks’ proprietary data indicates that Exxon Mobil Corporation is currently rated as a Zacks Rank 1 and we are expecting an above average return from the XOM shares relative to the market in the next few months.

Is Exxon Mobil dividend safe?

With oil prices back to normal, and Exxon again generating sufficient levels of cash flow, its current rate of dividend payout is safe for now. Oil prices may not be at risk of falling again, despite some Delta-related worries. Concerns about its ESG activist seem overblown as well.

How safe are XOM dividends?

Exxon Mobil has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 6.0% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.

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Is Exxonmobil stock expected to go up?

Stock Price Forecast

The 27 analysts offering 12-month price forecasts for Exxon Mobil Corp have a median target of 70.00, with a high estimate of 111.00 and a low estimate of 50.00. The median estimate represents a +7.66% increase from the last price of 65.02.

Is XOM a good long term stock?

With a $265 billion market cap, it can pay an almost 6% dividend yield and still have ~7% of its cash flow leftover. That’s a 13% cash flow yield can be used to pay down debt, share buybacks, or other rewards. All of this makes Exxon Mobil a valuable long-term investment for shareholders.

Is Exxon undervalued?

Exxon Mobil (NYSE:XOM) stock looks like it is significantly undervalued at today’s price. On July 8, it closed at $60.14, but XOM stock has a very attractive valuation. … As of July 8, this represents a 25% potential upside for investors in the stock. The outlook for the company is generally positive as well.

Can Exxon go out of business?

Based on the latest financial disclosure, Exxon Mobil Corp has a Probability Of Bankruptcy of 31.0%. This is 35.71% lower than that of the Energy sector and 28.09% lower than that of the Oil & Gas Integrated industry. The probability of bankruptcy for all United States stocks is 22.17% higher than that of the company.

Is Exxon dividend sustainable?

Exxon Mobil’s dividend is not well covered by earnings, as the company lost money last year. This is not a sustainable state of affairs, so it would be worth investigating if earnings are expected to recover.

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How long has Exxon paid a dividend?

Oil and natural gas company ExxonMobil has an even longer dividend streak going than Eli Lilly. It has been paying them since 1882. And it belongs to the exclusive club of Dividend Aristocrats — companies that have increased their payouts for at least 25 years in a row.