FY2025 EPS Estimates for Ovintiv Boosted by Zacks Research

Key Points

• Zacks Research has raised its earnings per share (EPS) estimate for Ovintiv to $7.05 for FY2025, indicating a positive growth outlook compared to the previous estimate of $6.97.
• The stock has received multiple upgrades, with analysts from Goldman Sachs and TD Cowen raising their ratings to strong-buy, contributing to a consensus rating of "Strong Buy".
• Ovintiv recently declared a quarterly dividend of $0.30 per share, resulting in an annualized yield of 2.2% and a modest dividend payout ratio of 14.85%.

Ovintiv Inc. (TSE:OVV - Free Report) - Analysts at Zacks Research lifted their FY2025 earnings per share (EPS) estimates for Ovintiv in a research report issued on Thursday, August 14th. Zacks Research analyst Team now anticipates that the company will post earnings of $7.05 per share for the year, up from their previous estimate of $6.97. The consensus estimate for Ovintiv's current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv's Q1 2026 earnings at $1.72 EPS, Q4 2026 earnings at $2.05 EPS, FY2026 earnings at $7.05 EPS, Q2 2027 earnings at $1.97 EPS and FY2027 earnings at $8.43 EPS.

Several other equities analysts have also recently issued reports on the company. The Goldman Sachs Group raised Ovintiv from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 1st. TD Cowen upgraded Ovintiv to a "strong-buy" rating in a research note on Monday, July 7th. Five equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has a consensus rating of "Strong Buy".

Ovintiv Stock Up 1.3%

Shares of OVV traded up C$0.72 during mid-day trading on Monday, reaching C$54.81. The company had a trading volume of 54,267 shares, compared to its average volume of 177,757. The company has a debt-to-equity ratio of 63.59, a quick ratio of 0.51 and a current ratio of 0.52. The firm has a 50-day moving average price of C$54.94 and a 200 day moving average price of C$54.55. Ovintiv has a 52 week low of C$42.35 and a 52 week high of C$66.67. The company has a market capitalization of C$9.97 billion, a price-to-earnings ratio of 5.02, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63.

Ovintiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, June 13th. Ovintiv's dividend payout ratio (DPR) is currently 14.85%.

About Ovintiv

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.