Capital One Financial Reduces Earnings Estimates for Ovintiv

Ovintiv Inc. (NYSE:OVV - Free Report) - Stock analysts at Capital One Financial reduced their Q2 2025 earnings per share (EPS) estimates for shares of Ovintiv in a report issued on Monday, July 21st. Capital One Financial analyst P. Johnston now forecasts that the company will earn $1.06 per share for the quarter, down from their prior forecast of $1.14. The consensus estimate for Ovintiv's current full-year earnings is $5.59 per share. Capital One Financial also issued estimates for Ovintiv's Q3 2025 earnings at $1.37 EPS, Q4 2025 earnings at $1.39 EPS, FY2025 earnings at $5.24 EPS and FY2026 earnings at $4.68 EPS.

Ovintiv (NYSE:OVV - Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported $1.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by ($0.02). Ovintiv had a return on equity of 14.89% and a net margin of 6.84%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.92 billion.

Several other equities research analysts have also recently weighed in on OVV. Mizuho decreased their price target on Ovintiv from $60.00 to $58.00 and set an "outperform" rating for the company in a research note on Tuesday, May 13th. Barclays increased their price target on Ovintiv from $55.00 to $57.00 and gave the company an "overweight" rating in a research note on Friday. Scotiabank increased their price target on Ovintiv from $48.00 to $51.00 and gave the company a "sector outperform" rating in a research note on Friday, July 11th. Citigroup set a $54.00 price target on Ovintiv and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Finally, TD Cowen raised Ovintiv to a "strong-buy" rating in a research note on Monday, July 7th. Two equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Ovintiv has an average rating of "Buy" and a consensus target price of $53.94.

Ovintiv Trading Up 4.0%

Shares of OVV stock traded up $1.59 on Tuesday, hitting $41.58. The company had a trading volume of 2,006,158 shares, compared to its average volume of 3,587,480. The firm has a market cap of $10.80 billion, a P/E ratio of 17.74, a P/E/G ratio of 2.20 and a beta of 1.08. The stock's 50-day moving average is $38.97 and its two-hundred day moving average is $39.62. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.43 and a current ratio of 0.43. Ovintiv has a twelve month low of $29.80 and a twelve month high of $48.35.

Ovintiv Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.89%. Ovintiv's payout ratio is currently 51.06%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Ovintiv by 3.3% in the first quarter. Vanguard Group Inc. now owns 30,423,206 shares of the company's stock valued at $1,302,113,000 after purchasing an additional 959,711 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Ovintiv by 383.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 9,258,570 shares of the company's stock valued at $396,267,000 after purchasing an additional 7,344,796 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Ovintiv by 3.5% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 8,437,152 shares of the company's stock valued at $361,110,000 after purchasing an additional 284,656 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Ovintiv by 2.6% in the first quarter. Dimensional Fund Advisors LP now owns 5,708,987 shares of the company's stock valued at $244,338,000 after purchasing an additional 146,749 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Ovintiv by 69.7% in the first quarter. AQR Capital Management LLC now owns 5,572,732 shares of the company's stock valued at $238,513,000 after purchasing an additional 2,288,989 shares in the last quarter. Institutional investors own 83.81% of the company's stock.

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.