What is Zacks Research's Forecast for Ovintiv Q3 Earnings?

Key Points

• Zacks Research has reduced its Q3 2025 earnings estimate for Ovintiv to $0.99 per share, down from $1.08, and maintains a "Strong Sell" rating on the stock.
• Ovintiv's last earnings report indicated a miss on expectations, with the company reporting $1.02 EPS against a consensus of $1.04, as well as lower revenue than anticipated.
• Despite the downgrade from Zacks, several analysts have upgraded their ratings on Ovintiv, with Goldman Sachs raising its target price from $47.00 to $51.00.

Ovintiv Inc. (NYSE:OVV - Free Report) - Equities research analysts at Zacks Research lowered their Q3 2025 earnings per share estimates for Ovintiv in a research note issued to investors on Monday, September 29th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.99 per share for the quarter, down from their previous estimate of $1.08. Zacks Research currently has a "Strong Sell" rating on the stock. The consensus estimate for Ovintiv's current full-year earnings is $5.59 per share. Zacks Research also issued estimates for Ovintiv's Q4 2025 earnings at $1.27 EPS and FY2025 earnings at $4.70 EPS.

Ovintiv (NYSE:OVV - Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.02). Ovintiv had a net margin of 6.46% and a return on equity of 14.24%. The business had revenue of $1.79 billion for the quarter, compared to analysts' expectations of $1.92 billion.

Several other equities analysts have also recently issued reports on OVV. The Goldman Sachs Group raised Ovintiv from a "neutral" rating to a "buy" rating and boosted their target price for the company from $47.00 to $51.00 in a research note on Tuesday, July 1st. Mizuho dropped their price target on Ovintiv from $58.00 to $50.00 and set an "outperform" rating on the stock in a research report on Monday, September 15th. Scotiabank lifted their price target on Ovintiv from $48.00 to $51.00 and gave the company a "sector outperform" rating in a research report on Friday, July 11th. Royal Bank Of Canada restated a "sector perform" rating and set a $55.00 price target on shares of Ovintiv in a research report on Friday. Finally, Barclays lifted their price target on Ovintiv from $55.00 to $57.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ovintiv presently has an average rating of "Moderate Buy" and an average price target of $52.60.

Ovintiv Price Performance

OVV opened at $40.67 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.43 and a current ratio of 0.43. Ovintiv has a 52-week low of $29.80 and a 52-week high of $47.18. The stock has a market capitalization of $10.45 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 5.55 and a beta of 1.08. The stock's 50 day moving average price is $40.97 and its 200-day moving average price is $38.97.

Institutional Trading of Ovintiv

Hedge funds have recently bought and sold shares of the company. IFP Advisors Inc increased its position in Ovintiv by 316.7% during the second quarter. IFP Advisors Inc now owns 846 shares of the company's stock valued at $32,000 after acquiring an additional 643 shares during the last quarter. Dogwood Wealth Management LLC purchased a new stake in Ovintiv during the second quarter valued at $35,000. Harbour Investments Inc. increased its position in Ovintiv by 143.8% during the first quarter. Harbour Investments Inc. now owns 919 shares of the company's stock valued at $39,000 after acquiring an additional 542 shares during the last quarter. Gen Wealth Partners Inc increased its position in Ovintiv by 91.8% during the first quarter. Gen Wealth Partners Inc now owns 1,011 shares of the company's stock valued at $43,000 after acquiring an additional 484 shares during the last quarter. Finally, MAI Capital Management increased its position in Ovintiv by 174.6% during the second quarter. MAI Capital Management now owns 1,170 shares of the company's stock valued at $45,000 after acquiring an additional 744 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company's stock.

Ovintiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Monday, September 15th. Ovintiv's dividend payout ratio is 53.10%.

Ovintiv Company Profile

Ovintiv Inc, together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.

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