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

Key Points

• Vermilion Energy Inc. has received a consensus rating of "Moderate Buy" from six analysts, with three recommending a buy and three a hold.
• The average 12-month price target for Vermilion Energy stock is C$14.67, with recent reports indicating price increases by several research firms.
• The company recently declared a quarterly dividend of $0.13 per share, equating to an annualized yield of 5.1%.

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET have earned a consensus recommendation of "Moderate Buy" from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$14.67.

A number of research firms have recently issued reports on VET. Desjardins raised shares of Vermilion Energy from a "hold" rating to a "moderate buy" rating and increased their price objective for the stock from C$11.00 to C$11.50 in a research report on Friday, June 6th. BMO Capital Markets increased their price objective on shares of Vermilion Energy from C$10.50 to C$12.00 and gave the stock a "market perform" rating in a research report on Friday, August 8th.

Vermilion Energy Stock Performance

Shares of Vermilion Energy stock opened at C$10.10 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The business has a 50-day moving average price of C$10.57 and a two-hundred day moving average price of C$10.26. Vermilion Energy has a 1-year low of C$7.29 and a 1-year high of C$15.17. The company has a market cap of C$1.56 billion, a P/E ratio of -8.28, a PEG ratio of -0.02 and a beta of 0.70.

Vermilion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Monday, June 30th. Vermilion Energy's dividend payout ratio is -40.98%.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas.

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