Vermilion Energy Inc. (TSE:VET) Plans Quarterly Dividend of $0.12

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET announced a quarterly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Friday, June 28th will be given a dividend of 0.12 per share on Monday, July 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Friday, June 28th.

Vermilion Energy Stock Performance

Shares of TSE:VET traded up C$0.08 during trading on Friday, reaching C$16.14. 856,929 shares of the stock were exchanged, compared to its average volume of 774,587. The firm has a market cap of C$2.60 billion, a PE ratio of -11.08, a PEG ratio of -0.02 and a beta of 2.72. The company has a current ratio of 1.18, a quick ratio of 0.40 and a debt-to-equity ratio of 31.93. Vermilion Energy has a 12 month low of C$13.30 and a 12 month high of C$21.60. The stock has a 50-day moving average price of C$16.10 and a 200-day moving average price of C$16.40.

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 (EPS) for the quarter, beating 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 the consensus estimate of C$593.34 million. Research analysts expect that Vermilion Energy will post 1.766147 EPS for the current fiscal year.

Insider Activity at Vermilion Energy

In other news, Director Robert B. Michaleski purchased 10,000 shares of the company's stock in a transaction that occurred on Monday, March 11th. The shares were bought at an average cost of C$14.94 per share, with a total value of C$149,400.00. In related news, Director Robert B. Michaleski purchased 10,000 shares of Vermilion Energy stock in a transaction that occurred on Monday, March 11th. The stock was bought at an average price of C$14.94 per share, for a total transaction of C$149,400.00. Also, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of Vermilion Energy stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total transaction of C$825,000.00. 0.15% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Desjardins lifted their price target on shares of Vermilion Energy from C$20.00 to C$21.00 and gave the stock a "buy" rating in a report on Tuesday, April 23rd. JPMorgan Chase & Co. decreased their price target on Vermilion Energy from C$23.00 to C$21.00 and set an "overweight" rating for the company in a research note on Friday, March 8th. Royal Bank of Canada upped their target price on Vermilion Energy from C$20.00 to C$21.00 in a report on Tuesday, April 9th. Canaccord Genuity Group increased their target price on shares of Vermilion Energy from C$20.00 to C$20.50 and gave the company a "buy" rating in a research report on Wednesday, April 17th. Finally, ATB Capital dropped 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. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$21.54.

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.