Zacks Research Predicts Ovintiv's FY2026 Earnings (TSE:OVV)

Ovintiv Inc. (TSE:OVV - Free Report) - Analysts at Zacks Research dropped their FY2026 EPS estimates for Ovintiv in a research report issued on Thursday, April 24th. Zacks Research analyst R. Department now expects that the company will post earnings of $7.68 per share for the year, down from their previous forecast of $7.95. The consensus estimate for Ovintiv's current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv's Q4 2026 earnings at $2.46 EPS, Q1 2027 earnings at $1.68 EPS and FY2027 earnings at $7.32 EPS.

A number of other equities analysts also recently issued reports on the company. BMO Capital Markets raised Ovintiv from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 24th. Scotiabank upgraded Ovintiv to a "strong-buy" rating in a research report on Wednesday, March 19th. Five research analysts have rated the stock with a strong buy rating, According to data from MarketBeat.com, Ovintiv currently has a consensus rating of "Strong Buy".

Ovintiv Stock Performance

TSE:OVV traded down C$0.06 during mid-day trading on Monday, reaching C$47.55. The stock had a trading volume of 41,782 shares, compared to its average volume of 191,906. Ovintiv has a twelve month low of C$42.35 and a twelve month high of C$72.55. The business has a 50 day simple moving average of C$53.67 and a 200 day simple moving average of C$57.95. The firm has a market capitalization of C$8.65 billion, a price-to-earnings ratio of 4.36, a PEG ratio of 0.05 and a beta of 2.63. The company has a debt-to-equity ratio of 63.59, a quick ratio of 0.51 and a current ratio of 0.52.

Ovintiv Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were given a dividend of $0.30 per share. The ex-dividend date was Friday, March 14th. This represents a $1.20 annualized dividend and a yield of 2.52%. Ovintiv's payout ratio is currently 14.85%.

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.