Ovintiv Inc. (TSE:OVV – Free Report) – Investment analysts at Zacks Research boosted their Q1 2025 earnings estimates for shares of Ovintiv in a report issued on Thursday, November 28th. Zacks Research analyst R. Department now forecasts that the company will earn $1.43 per share for the quarter, up from their prior estimate of $1.34. 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 $1.32 EPS, Q4 2025 earnings at $1.75 EPS, FY2025 earnings at $5.98 EPS and Q1 2026 earnings at $1.05 EPS.
Separately, Siebert Williams Shank raised shares of Ovintiv to a “strong-buy” rating in a report on Tuesday, October 15th. One research analyst has rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$58.50.
Ovintiv Trading Down 0.3 %
OVV opened at C$63.81 on Monday. The firm has a 50 day simple moving average of C$57.98 and a 200 day simple moving average of C$60.63. Ovintiv has a fifty-two week low of C$49.74 and a fifty-two week high of C$76.63. The company has a market cap of C$16.82 billion, a price-to-earnings ratio of 6.53, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63. The company has a debt-to-equity ratio of 67.70, a current ratio of 0.44 and a quick ratio of 0.51.
Ovintiv Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.406 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 2.55%. Ovintiv’s dividend payout ratio is 16.58%.
Ovintiv Company Profile
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.
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