Zacks Research Has Bullish Estimate for Ovintiv Q2 Earnings

Ovintiv Inc. (NYSE:OVV) – Analysts at Zacks Research raised their Q2 2025 earnings per share (EPS) estimates for shares of Ovintiv in a research note issued on Tuesday, October 22nd. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.91 for the quarter, up from their previous forecast of $0.88. The consensus estimate for Ovintiv’s current full-year earnings is $4.87 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2025 earnings at $1.21 EPS, Q4 2025 earnings at $1.12 EPS, FY2025 earnings at $4.21 EPS, Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $0.90 EPS and FY2026 earnings at $4.03 EPS.

A number of other equities research analysts have also issued reports on OVV. UBS Group decreased their price target on Ovintiv from $61.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. Citigroup decreased their target price on Ovintiv from $58.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, October 7th. Wolfe Research started coverage on Ovintiv in a research report on Thursday, July 18th. They set an “outperform” rating and a $65.00 target price for the company. Truist Financial decreased their target price on Ovintiv from $62.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, September 30th. Finally, Siebert Williams Shank raised Ovintiv to a “strong-buy” rating in a research report on Tuesday, October 15th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Ovintiv currently has an average rating of “Moderate Buy” and a consensus price target of $57.00.

Ovintiv Price Performance

Shares of OVV stock opened at $40.39 on Friday. Ovintiv has a 52-week low of $36.90 and a 52-week high of $55.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.44 and a current ratio of 0.44. The firm has a market capitalization of $10.78 billion, a P/E ratio of 5.64, a P/E/G ratio of 7.76 and a beta of 2.61. The stock has a 50 day moving average price of $41.18 and a 200 day moving average price of $45.85.

Ovintiv (NYSE:OVV) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.02. Ovintiv had a return on equity of 18.28% and a net margin of 18.56%. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.53 billion.

Institutional Trading of Ovintiv

Several large investors have recently added to or reduced their stakes in OVV. Innealta Capital LLC acquired a new position in Ovintiv in the 2nd quarter worth about $39,000. Geneos Wealth Management Inc. raised its holdings in Ovintiv by 53.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 862 shares of the company’s stock worth $45,000 after purchasing an additional 300 shares during the period. UMB Bank n.a. raised its holdings in Ovintiv by 27.7% in the 3rd quarter. UMB Bank n.a. now owns 1,317 shares of the company’s stock worth $50,000 after purchasing an additional 286 shares during the period. Atlas Capital Advisors LLC acquired a new position in Ovintiv in the 1st quarter worth about $74,000. Finally, International Assets Investment Management LLC acquired a new position in Ovintiv in the 2nd quarter worth about $69,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, September 13th. This represents a $1.20 annualized dividend and a yield of 2.97%. Ovintiv’s dividend payout ratio (DPR) is 16.76%.

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.