Equities Analysts Offer Predictions for Ovintiv Q3 Earnings

Key Points

• Capital One Financial has reduced its Q3 2025 earnings per share estimate for Ovintiv from $0.94 to $0.88.
• Ovintiv reported a Q2 earnings per share of $1.02, missing the consensus estimate of $1.04 by $0.02.
• The company recently paid a quarterly dividend of $0.30 per share, reflecting an annual yield of 3.2%.

Ovintiv Inc. (NYSE:OVV - Free Report) - Equities researchers at Capital One Financial decreased their Q3 2025 earnings per share (EPS) estimates for Ovintiv in a research note issued to investors on Wednesday, October 15th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $0.88 per share for the quarter, down from their previous forecast of $0.94. The consensus estimate for Ovintiv's current full-year earnings is $5.59 per share.

Ovintiv (NYSE:OVV - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.02). The firm had revenue of $1.79 billion for the quarter, compared to analysts' expectations of $1.92 billion. Ovintiv had a return on equity of 14.24% and a net margin of 6.46%.

Several other brokerages have also issued reports on OVV. The Goldman Sachs Group raised Ovintiv from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $47.00 to $51.00 in a report on Tuesday, July 1st. Zacks Research lowered Ovintiv from a "hold" rating to a "strong sell" rating in a report on Friday, September 26th. Roth Capital initiated coverage on Ovintiv in a report on Monday. They set a "neutral" rating and a $42.00 price objective on the stock. Royal Bank Of Canada set a $55.00 price objective on Ovintiv and gave the stock an "outperform" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. lowered their price target on Ovintiv from $50.00 to $47.00 and set an "overweight" rating on the stock in a report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $51.29.

Ovintiv Stock Performance

Shares of OVV stock opened at $37.27 on Thursday. The stock's 50-day moving average is $40.59 and its two-hundred day moving average is $38.74. The firm has a market cap of $9.58 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 5.27 and a beta of 0.97. Ovintiv has a 1 year low of $29.80 and a 1 year high of $47.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.43 and a current ratio of 0.43.

Institutional Trading of Ovintiv

A number of hedge funds have recently added to or reduced their stakes in OVV. Atlas Capital Advisors Inc. boosted its holdings in Ovintiv by 1,681.1% in the 1st quarter. Atlas Capital Advisors Inc. now owns 13,875 shares of the company's stock valued at $594,000 after purchasing an additional 13,096 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Ovintiv by 54.3% in the 1st quarter. BNP Paribas Financial Markets now owns 962,871 shares of the company's stock valued at $41,211,000 after purchasing an additional 338,866 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Ovintiv by 204.2% in the 1st quarter. Raymond James Financial Inc. now owns 583,839 shares of the company's stock valued at $24,988,000 after purchasing an additional 391,923 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Ovintiv by 383.8% in the 1st 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. Finally, Lifestyle Asset Management Inc. boosted its holdings in Ovintiv by 46.8% in the 2nd quarter. Lifestyle Asset Management Inc. now owns 28,170 shares of the company's stock valued at $1,072,000 after purchasing an additional 8,987 shares in the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.

Ovintiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Monday, September 15th. Ovintiv's dividend payout ratio (DPR) is presently 53.10%.

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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