Zacks Research Weighs in on Ovintiv’s Q1 Earnings (TSE:OVV)

Ovintiv Inc. (TSE:OVV) – Analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for Ovintiv in a research report issued on Tuesday, March 18th. Zacks Research analyst R. Department now forecasts that the company will earn $1.56 per share for the quarter, up from their previous estimate of $1.51. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q2 2025 earnings at $1.65 EPS, Q3 2025 earnings at $1.76 EPS, Q4 2025 earnings at $2.03 EPS, FY2025 earnings at $7.01 EPS, Q1 2026 earnings at $1.53 EPS, Q4 2026 earnings at $2.83 EPS, FY2026 earnings at $7.97 EPS and FY2027 earnings at $8.69 EPS.

Ovintiv Stock Down 1.2 %

OVV opened at C$59.60 on Thursday. The stock has a market capitalization of C$10.84 billion, a price-to-earnings ratio of 5.46, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63. Ovintiv has a 12 month low of C$49.74 and a 12 month high of C$76.63. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51. The business has a 50-day moving average of C$61.41 and a two-hundred day moving average of C$58.90.

Ovintiv Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.01%. Ovintiv’s dividend payout ratio (DPR) is presently 14.85%.

About Ovintiv

Ovintiv Inc, together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.