Vermilion Energy Inc. (TSE:VET) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET have received an average recommendation of "Moderate Buy" from the eleven analysts that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$21.54.

Several research firms recently weighed in on VET. TD Securities upgraded shares of Vermilion Energy from a "hold" rating to a "buy" rating and upped their price objective for the stock from C$18.00 to C$20.00 in a research report on Wednesday, March 27th. CIBC reduced their price target on shares of Vermilion Energy from C$26.00 to C$22.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 16th. ATB Capital reduced their price target on shares of Vermilion Energy from C$27.00 to C$23.00 and set an "outperform" rating on the stock in a research report on Thursday, January 18th. Raymond James reduced their price target on shares of Vermilion Energy from C$26.00 to C$24.00 and set an "outperform" rating on the stock in a research report on Friday, January 19th. Finally, Royal Bank of Canada increased their price objective on Vermilion Energy from C$20.00 to C$21.00 in a research note on Tuesday, April 9th.

Insider Buying and Selling at Vermilion Energy

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

Vermilion Energy Price Performance

Shares of VET traded up C$0.24 during midday trading on Thursday, hitting C$16.45. 431,662 shares of the company traded hands, compared to its average volume of 760,993. 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 stock has a 50-day moving average of C$15.94 and a 200-day moving average of C$16.52. The firm has a market cap of C$2.67 billion, a P/E ratio of -11.34, a PEG ratio of -0.02 and a beta of 2.71. Vermilion Energy has a one year low of C$13.30 and a one year high of C$21.60.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last posted its quarterly earnings data on Wednesday, March 6th. The company reported C$1.30 earnings per share for the quarter, topping the consensus estimate of C$0.71 by C$0.59. The company had revenue of C$522.97 million for the quarter, compared to analysts' expectations of C$593.34 million. Vermilion Energy had a negative net margin of 12.98% and a negative return on equity of 7.39%. As a group, sell-side analysts predict that Vermilion Energy will post 1.8666667 EPS for the current fiscal year.

Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.48 annualized dividend and a yield of 2.92%. This is a positive change from Vermilion Energy's previous quarterly dividend of $0.10. Vermilion Energy's dividend payout ratio (DPR) is currently -33.10%.

Vermilion Energy Company Profile

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.