Brokerages Set Vermilion Energy Inc. (NYSE:VET) PT at $25.00

Vermilion Energy Inc. (NYSE:VET - Get Free Report) TSE: VET has received a consensus recommendation of "Moderate Buy" from the five brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $25.00.

A number of analysts have issued reports on the company. TD Securities raised Vermilion Energy from a "hold" rating to a "buy" rating in a research note on Wednesday, March 27th. BMO Capital Markets began coverage on shares of Vermilion Energy in a research report on Tuesday. They issued an "outperform" rating on the stock.

Institutional Trading of Vermilion Energy

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Vermilion Energy by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 5,925,874 shares of the oil and gas company's stock valued at $73,718,000 after buying an additional 71,476 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Vermilion Energy by 10.7% during the third quarter. Ameriprise Financial Inc. now owns 3,586,946 shares of the oil and gas company's stock valued at $52,441,000 after purchasing an additional 346,826 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Vermilion Energy by 10.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,786,251 shares of the oil and gas company's stock worth $33,602,000 after purchasing an additional 265,611 shares in the last quarter. Bank of Nova Scotia boosted its stake in shares of Vermilion Energy by 0.7% in the third quarter. Bank of Nova Scotia now owns 2,563,572 shares of the oil and gas company's stock valued at $37,503,000 after purchasing an additional 19,022 shares during the period. Finally, Intact Investment Management Inc. grew its holdings in Vermilion Energy by 36.5% during the 4th quarter. Intact Investment Management Inc. now owns 1,147,900 shares of the oil and gas company's stock valued at $13,835,000 after purchasing an additional 307,200 shares in the last quarter. Hedge funds and other institutional investors own 31.91% of the company's stock.

Vermilion Energy Trading Up 1.3 %

Shares of VET traded up $0.15 on Tuesday, hitting $11.99. 665,532 shares of the stock traded hands, compared to its average volume of 1,201,674. The firm has a market capitalization of $1.92 billion, a P/E ratio of -4.31 and a beta of 2.04. The company has a quick ratio of 1.11, a current ratio of 1.16 and a debt-to-equity ratio of 0.32. Vermilion Energy has a 1 year low of $9.81 and a 1 year high of $15.98. The stock's 50 day moving average is $11.96 and its two-hundred day moving average is $11.89.

Vermilion Energy (NYSE:VET - Get Free Report) TSE: VET last issued its quarterly earnings results on Wednesday, May 1st. The oil and gas company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.78). The business had revenue of $376.85 million for the quarter. Vermilion Energy had a positive return on equity of 11.65% and a negative net margin of 30.71%. During the same quarter in the previous year, the company posted $0.77 earnings per share. As a group, sell-side analysts predict that Vermilion Energy will post 1.39 earnings per share for the current year.

Vermilion Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.0872 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 2.91%. Vermilion Energy's dividend payout ratio (DPR) is -12.59%.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.