Ovintiv Inc. (NYSE:OVV - Free Report) - Equities research analysts at Capital One Financial increased their Q2 2025 earnings per share estimates for shares of Ovintiv in a research note issued on Friday, May 16th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings of $1.64 per share for the quarter, up from their prior forecast of $1.49. The consensus estimate for Ovintiv's current full-year earnings is $5.59 per share. Capital One Financial also issued estimates for Ovintiv's Q4 2025 earnings at $1.77 EPS.
Several other brokerages have also recently weighed in on OVV. JPMorgan Chase & Co. reduced their price objective on shares of Ovintiv from $56.00 to $45.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Mizuho reduced their price objective on shares of Ovintiv from $60.00 to $58.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 13th. Williams Trading set a $58.00 price target on Ovintiv in a research report on Wednesday, March 5th. Scotiabank upgraded Ovintiv to a "strong-buy" rating in a research report on Wednesday, March 19th. Finally, BMO Capital Markets upgraded Ovintiv from a "market perform" rating to an "outperform" rating and upped their target price for the company from $55.00 to $57.00 in a report on Monday, March 24th. Two investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $55.65.
Check Out Our Latest Analysis on OVV
Ovintiv Trading Up 0.4%
OVV traded up $0.14 during trading on Monday, reaching $35.81. 3,202,824 shares of the company's stock were exchanged, compared to its average volume of 3,252,636. Ovintiv has a one year low of $29.80 and a one year high of $51.72. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $9.30 billion, a PE ratio of 4.75 and a beta of 1.14. The firm has a fifty day moving average price of $36.63 and a two-hundred day moving average price of $40.46.
Ovintiv (NYSE:OVV - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.22. Ovintiv had a return on equity of 17.87% and a net margin of 20.15%. The company had revenue of $2.38 billion for the quarter, compared to analysts' expectations of $2.23 billion.
Ovintiv Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.35%. The ex-dividend date is Friday, June 13th. Ovintiv's dividend payout ratio (DPR) is presently 51.06%.
Hedge Funds Weigh In On Ovintiv
Large investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its stake in shares of Ovintiv by 47.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,830 shares of the company's stock worth $78,000 after buying an additional 589 shares during the period. Intech Investment Management LLC increased its position in shares of Ovintiv by 31.6% in the first quarter. Intech Investment Management LLC now owns 51,109 shares of the company's stock valued at $2,187,000 after acquiring an additional 12,274 shares during the period. Focus Partners Wealth increased its position in shares of Ovintiv by 49.3% in the first quarter. Focus Partners Wealth now owns 19,282 shares of the company's stock valued at $825,000 after acquiring an additional 6,364 shares during the period. Plato Investment Management Ltd increased its holdings in Ovintiv by 43,872.7% during the 1st quarter. Plato Investment Management Ltd now owns 9,674 shares of the company's stock valued at $419,000 after purchasing an additional 9,652 shares during the period. Finally, Bayforest Capital Ltd increased its holdings in Ovintiv by 2,820.1% during the 1st quarter. Bayforest Capital Ltd now owns 16,849 shares of the company's stock valued at $721,000 after purchasing an additional 16,272 shares during the period. 83.81% of the stock is owned by hedge funds and other institutional investors.
About Ovintiv
(
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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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