FY2025 EPS Estimates for Ovintiv Increased by Zacks Research

Key Points

• Zacks Research has increased its FY2025 EPS estimate for Ovintiv from $6.69 to $6.70, while the consensus estimate for the current full-year earnings is $5.66 per share.
• Several firms, including Goldman Sachs and TD Cowen, have upgraded Ovintiv's stock rating to Strong Buy, reflecting positive sentiment in the market.
• Ovintiv announced a quarterly dividend of $0.30 per share, resulting in an annualized dividend of $1.20, which corresponds to a 2.0% dividend yield.

Ovintiv Inc. (TSE:OVV - Free Report) - Investment analysts at Zacks Research upped their FY2025 earnings per share (EPS) estimates for shares of Ovintiv in a report released on Tuesday, September 23rd. Zacks Research analyst Team now forecasts that the company will post earnings of $6.70 per share for the year, up from their prior forecast of $6.69. The consensus estimate for Ovintiv's current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv's Q1 2026 earnings at $1.67 EPS, Q2 2026 earnings at $1.46 EPS, Q3 2026 earnings at $1.55 EPS, Q4 2026 earnings at $1.93 EPS, FY2026 earnings at $6.61 EPS, Q1 2027 earnings at $1.82 EPS, Q2 2027 earnings at $1.86 EPS and FY2027 earnings at $8.10 EPS.

Several other research firms have also commented on OVV. The Goldman Sachs Group upgraded shares of Ovintiv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 1st. TD Cowen raised shares of Ovintiv to a "strong-buy" rating in a research note on Monday, July 7th. Five analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".

Ovintiv Stock Performance

OVV stock opened at C$59.51 on Thursday. Ovintiv has a 1-year low of C$42.35 and a 1-year high of C$66.67. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51. The company has a market capitalization of C$15.30 billion, a P/E ratio of 26.22, a PEG ratio of 0.05 and a beta of 1.01. The business has a 50-day moving average price of C$56.29 and a 200 day moving average price of C$53.97.

Ovintiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 29th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, September 15th. Ovintiv's payout ratio is 52.86%.

Ovintiv Company Profile

Ovintiv Inc is a leading North American exploration and production (E&P) company focused on developing its high-quality, multi-basin portfolio. Ovintiv works to safely produce crude oil and natural gas-products that make modern life possible for all. The Company is focused on creating long-term shareholder value while contributing to the strength and sustainability of the communities where it operates.

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