Zacks Research Has Bearish Estimate for Ovintiv Q2 Earnings

Ovintiv Inc. (TSE:OVV - Free Report) - Stock analysts at Zacks Research decreased their Q2 2025 earnings estimates for shares of Ovintiv in a research report issued to clients and investors on Monday, June 9th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $1.35 for the quarter, down from their prior estimate of $1.39. The consensus estimate for Ovintiv's current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv's Q3 2025 earnings at $1.72 EPS, Q1 2026 earnings at $1.67 EPS, Q3 2026 earnings at $1.57 EPS and FY2027 earnings at $8.11 EPS.

Several other research analysts have also weighed in on the stock. BMO Capital Markets upgraded shares of Ovintiv from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 24th. Scotiabank raised Ovintiv to a "strong-buy" rating in a research note on Wednesday, March 19th. Five investment analysts have rated the stock with a strong buy rating, Based on data from MarketBeat, Ovintiv currently has a consensus rating of "Strong Buy".

Ovintiv Trading Down 0.7%

TSE OVV traded down C$0.39 on Wednesday, hitting C$55.17. 146,401 shares of the company were exchanged, compared to its average volume of 184,500. Ovintiv has a twelve month low of C$42.35 and a twelve month high of C$67.71. The company's 50 day moving average price is C$49.38 and its 200-day moving average price is C$56.53. The firm has a market capitalization of C$10.04 billion, a P/E ratio of 5.06, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51.

Ovintiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Friday, June 13th. Ovintiv's payout ratio is 14.85%.

Ovintiv Company Profile

Ovintiv Inc is a leading North American exploration and production (E&P) company focused on developing its high-quality, multi-basin portfolio. Ovintiv works to safely produce crude oil and natural gas-products that make modern life possible for all. The Company is focused on creating long-term shareholder value while contributing to the strength and sustainability of the communities where it operates.