Zacks Research Weighs in on Ovintiv's Q3 Earnings (NYSE:OVV)

Key Points

• Analysts at Zacks Research have lowered their Q3 2025 EPS estimates for Ovintiv from $1.26 to $1.08, while the consensus for the full-year earnings is currently $5.59 per share.
• Ovintiv is set to pay a quarterly dividend of $0.30 per share on September 29th, which reflects an annualized yield of 2.9%.
• As of now, the company has a consensus rating of "Buy" from analysts, with a target price averaging $53.07.

Ovintiv Inc. (NYSE:OVV - Free Report) - Analysts at Zacks Research reduced their Q3 2025 EPS estimates for shares of Ovintiv in a research report issued to clients and investors on Wednesday, September 3rd. Zacks Research analyst Team now forecasts that the company will post earnings of $1.08 per share for the quarter, down from their previous forecast of $1.26. 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 $1.32 EPS.

Other research analysts also recently issued research reports about the stock. Mizuho cut their target price on shares of Ovintiv from $60.00 to $58.00 and set an "outperform" rating for the company in a research note on Tuesday, May 13th. Barclays boosted their target price on shares of Ovintiv from $55.00 to $57.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Morgan Stanley set a $48.00 target price on shares of Ovintiv and gave the company an "equal weight" rating in a research note on Monday, August 18th. TD Cowen raised shares of Ovintiv to a "strong-buy" rating in a research note on Monday, July 7th. Finally, Scotiabank boosted their target price on shares of Ovintiv from $48.00 to $51.00 and gave the company a "sector outperform" rating in a research note on Friday, July 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Ovintiv currently has a consensus rating of "Buy" and a consensus target price of $53.07.

Ovintiv Trading Down 3.4%

Shares of OVV stock opened at $41.30 on Thursday. The firm has a 50-day moving average price of $40.27 and a 200 day moving average price of $38.94. Ovintiv has a twelve month low of $29.80 and a twelve month high of $47.18. The company has a market capitalization of $10.61 billion, a price-to-earnings ratio of 18.27, a PEG ratio of 5.35 and a beta of 1.08. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.42.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Concurrent Investment Advisors LLC increased its stake in shares of Ovintiv by 5.6% during the 1st quarter. Concurrent Investment Advisors LLC now owns 5,582 shares of the company's stock valued at $239,000 after acquiring an additional 297 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Ovintiv by 43.4% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,154 shares of the company's stock worth $49,000 after purchasing an additional 349 shares in the last quarter. UMB Bank n.a. increased its position in Ovintiv by 16.9% during the 1st quarter. UMB Bank n.a. now owns 2,890 shares of the company's stock worth $124,000 after purchasing an additional 417 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in Ovintiv by 0.6% during the 1st quarter. Crossmark Global Holdings Inc. now owns 69,212 shares of the company's stock worth $2,962,000 after purchasing an additional 420 shares in the last quarter. Finally, ProShare Advisors LLC increased its position in Ovintiv by 3.8% during the 2nd quarter. ProShare Advisors LLC now owns 11,518 shares of the company's stock worth $438,000 after purchasing an additional 427 shares in the last quarter. Institutional investors and hedge funds own 83.81% of the company's stock.

Ovintiv Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.9%. Ovintiv's dividend payout ratio is currently 53.10%.

About Ovintiv

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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