FY2025 EPS Estimates for Ovintiv Lowered by Zacks Research

Key Points

• Zacks Research has lowered its FY2025 earnings per share estimate for Ovintiv to $6.56, down from $6.70, while the current full-year earnings consensus is $5.66.
• TD Cowen and Goldman Sachs have both upgraded Ovintiv's stock rating to "strong-buy", contributing to an overall strong buy rating from five investment analysts.
• Ovintiv recently declared a quarterly dividend of $0.30, resulting in an annualized dividend of $1.20 and a yield of 2.1%.

Ovintiv Inc. (TSE:OVV - Free Report) - Equities research analysts at Zacks Research cut their FY2025 earnings estimates for Ovintiv in a note issued to investors on Monday, September 29th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $6.56 for the year, down from their previous forecast of $6.70. 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 $1.50 EPS, Q2 2026 earnings at $1.33 EPS, Q3 2026 earnings at $1.42 EPS, Q4 2026 earnings at $1.73 EPS, FY2026 earnings at $5.98 EPS, Q1 2027 earnings at $1.66 EPS, Q2 2027 earnings at $1.57 EPS and FY2027 earnings at $6.96 EPS.

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

Ovintiv Price Performance

OVV stock opened at C$56.19 on Wednesday. Ovintiv has a 52 week low of C$42.35 and a 52 week high of C$66.67. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 63.59. The company has a fifty day simple moving average of C$56.61 and a two-hundred day simple moving average of C$54.00. The firm has a market capitalization of C$14.44 billion, a P/E ratio of 24.75, a price-to-earnings-growth ratio of 0.05 and a beta of 1.01.

Ovintiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 29th were issued a $0.30 dividend. The ex-dividend date was Monday, September 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. Ovintiv's payout ratio is currently 52.86%.

About Ovintiv

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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