National Bankshares Increases Vermilion Energy (TSE:VET) Price Target to C$22.00

Vermilion Energy (TSE:VET - Free Report) NYSE: VET had its target price boosted by National Bankshares from C$21.00 to C$22.00 in a research report released on Friday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research firms also recently weighed in on VET. Raymond James dropped their target price on Vermilion Energy from C$26.00 to C$24.00 and set an outperform rating for the company in a report on Friday, January 19th. TD Securities raised Vermilion Energy from a hold rating to a buy rating and boosted their price target for the company from C$18.00 to C$20.00 in a research note on Wednesday, March 27th. Canaccord Genuity Group boosted their price target on Vermilion Energy from C$20.00 to C$20.50 and gave the company a buy rating in a research note on Wednesday. Desjardins dropped their price target on Vermilion Energy from C$20.50 to C$20.00 and set a buy rating for the company in a research note on Friday, March 22nd. Finally, Royal Bank of Canada boosted their price target on Vermilion Energy from C$20.00 to C$21.00 in a research note on Tuesday, April 9th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of C$21.63.

Vermilion Energy Stock Performance

VET stock traded up C$0.11 during midday trading on Friday, reaching C$16.29. 581,204 shares of the company were exchanged, compared to its average volume of 772,516. The company has a debt-to-equity ratio of 31.93, a current ratio of 1.18 and a quick ratio of 0.40. The business has a 50-day moving average price of C$15.74 and a two-hundred day moving average price of C$16.59. Vermilion Energy has a one year low of C$13.30 and a one year high of C$21.60. The firm has a market capitalization of C$2.64 billion, a price-to-earnings ratio of -11.23, a price-to-earnings-growth ratio of -0.02 and a beta of 2.71.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last released its quarterly earnings data on Wednesday, March 6th. The company reported C$1.30 EPS for the quarter, topping analysts' consensus estimates of C$0.71 by C$0.59. Vermilion Energy had a negative net margin of 12.98% and a negative return on equity of 7.39%. The firm had revenue of C$522.97 million during the quarter, compared to analysts' expectations of C$593.34 million. Equities research analysts forecast that Vermilion Energy will post 1.8666667 EPS for the current year.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.12 per share. This is a boost from Vermilion Energy's previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend was Wednesday, March 27th. Vermilion Energy's payout ratio is -33.10%.

Insider Transactions at Vermilion Energy

In other news, Director Robert B. Michaleski purchased 10,000 shares of Vermilion Energy stock in a transaction dated Monday, March 11th. The shares were bought at an average cost of C$14.94 per share, for a total transaction of C$149,400.00. In related news, Director Robert B. Michaleski bought 10,000 shares of Vermilion Energy stock in a transaction that occurred on Monday, March 11th. The shares were acquired at an average cost of C$14.94 per share, for a total transaction of C$149,400.00. Also, Director Myron Maurice Stadnyk bought 3,000 shares of Vermilion Energy stock in a transaction that occurred on Tuesday, March 26th. The stock was bought at an average price of C$16.10 per share, for a total transaction of C$48,300.00. Company insiders own 0.15% of the company's stock.

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.