Q2 EPS Estimates for Ovintiv Cut by Capital One Financial

Ovintiv Inc. (NYSE:OVV - Free Report) - Equities researchers at Capital One Financial dropped their Q2 2025 earnings per share (EPS) estimates for shares of Ovintiv in a report released on Monday, July 21st. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $1.06 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 Tuesday, May 6th. The company reported $1.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.22. The company had revenue of $2.38 billion during the quarter, compared to analyst estimates of $2.23 billion. Ovintiv had a return on equity of 14.89% and a net margin of 6.84%.

Several other equities research analysts also recently weighed in on the company. TD Cowen raised Ovintiv to a "strong-buy" rating in a research report on Monday, July 7th. Morgan Stanley reaffirmed an "overweight" rating and set a $50.00 price target on shares of Ovintiv in a research report on Tuesday, April 15th. The Goldman Sachs Group raised Ovintiv from a "neutral" rating to a "buy" rating and increased their price target for the stock from $47.00 to $51.00 in a research report on Tuesday, July 1st. Citigroup set a $54.00 price target on Ovintiv and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Finally, BMO Capital Markets raised Ovintiv from a "market perform" rating to an "outperform" rating and increased their price target for the stock from $55.00 to $57.00 in a research report on Monday, March 24th. 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $53.81.

Ovintiv Stock Performance

OVV stock traded up $0.37 during midday trading on Tuesday, reaching $39.28. The stock had a trading volume of 2,634,446 shares, compared to its average volume of 3,366,296. The stock has a market cap of $10.20 billion, a PE ratio of 6.64, a P/E/G ratio of 2.17 and a beta of 1.08. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a fifty day simple moving average of $38.90 and a two-hundred day simple moving average of $39.66. Ovintiv has a 52-week low of $29.80 and a 52-week high of $48.35.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend was Friday, June 13th. Ovintiv's dividend payout ratio (DPR) is 51.06%.

Institutional Trading of Ovintiv

Several institutional investors have recently made changes to their positions in OVV. HighTower Advisors LLC lifted its stake in shares of Ovintiv by 4.7% in the 4th quarter. HighTower Advisors LLC now owns 16,175 shares of the company's stock valued at $655,000 after purchasing an additional 719 shares during the last quarter. Natixis Advisors LLC lifted its stake in shares of Ovintiv by 8.3% in the 4th quarter. Natixis Advisors LLC now owns 36,393 shares of the company's stock valued at $1,474,000 after purchasing an additional 2,797 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Ovintiv in the 4th quarter valued at $215,000. Thrivent Financial for Lutherans lifted its stake in shares of Ovintiv by 11.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 165,220 shares of the company's stock valued at $6,691,000 after purchasing an additional 16,836 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Ovintiv by 11.0% in the 4th quarter. American Century Companies Inc. now owns 488,182 shares of the company's stock valued at $19,771,000 after purchasing an additional 48,308 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company's stock.

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.