Equities Analysts Offer Predictions for Ovintiv Q2 Earnings

Ovintiv Inc. (NYSE:OVV - Free Report) - Investment analysts at Capital One Financial raised their Q2 2025 earnings per share estimates for shares of Ovintiv in a report issued on Friday, May 16th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings per share of $1.64 for the quarter, up from their previous estimate 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 equities research analysts have also weighed in on the company. JPMorgan Chase & Co. decreased their price objective on Ovintiv from $56.00 to $45.00 and set an "overweight" rating for the company in a report on Thursday, March 13th. National Bankshares lifted their price objective on Ovintiv from $51.00 to $56.00 and gave the stock an "outperform" rating in a report on Thursday, January 30th. Scotiabank raised Ovintiv to a "strong-buy" rating in a report on Wednesday, March 19th. Williams Trading set a $58.00 price objective on Ovintiv in a report on Wednesday, March 5th. Finally, BMO Capital Markets raised Ovintiv from a "market perform" rating to an "outperform" rating and lifted their price objective for the stock 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 assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $55.65.

Ovintiv Trading Down 0.8%

Shares of OVV opened at $37.33 on Monday. The business has a 50-day moving average of $37.02 and a 200 day moving average of $40.59. Ovintiv has a fifty-two week low of $29.80 and a fifty-two week high of $51.72. The firm has a market cap of $9.70 billion, a P/E ratio of 4.95 and a beta of 1.14. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.52 and a current ratio of 0.52.

Ovintiv (NYSE:OVV - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.22. The business had revenue of $2.38 billion for the quarter, compared to analysts' expectations of $2.23 billion. Ovintiv had a return on equity of 17.87% and a net margin of 20.15%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Nisa Investment Advisors LLC grew its holdings in shares of Ovintiv by 0.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 65,346 shares of the company's stock worth $2,647,000 after purchasing an additional 231 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its holdings in shares of Ovintiv by 2.8% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 10,183 shares of the company's stock worth $412,000 after purchasing an additional 276 shares in the last quarter. Fifth Third Bancorp lifted its position in Ovintiv by 13.4% in the 4th quarter. Fifth Third Bancorp now owns 2,385 shares of the company's stock worth $97,000 after buying an additional 282 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in Ovintiv by 5.6% in the 1st quarter. Concurrent Investment Advisors LLC now owns 5,582 shares of the company's stock worth $239,000 after buying an additional 297 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its position in Ovintiv by 1.5% in the 4th quarter. Daiwa Securities Group Inc. now owns 20,500 shares of the company's stock worth $830,000 after buying an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company's stock.

Ovintiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Friday, June 13th. Ovintiv's payout ratio is 51.06%.

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.

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