NYSE:OVV Ovintiv (OVV) Stock Price, News & Analysis $46.06 +0.21 (+0.46%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$45.34▼$46.2550-Day Range$45.64▼$51.6752-Week Range$39.68▼$55.95Volume3.24 million shsAverage Volume3.02 million shsMarket Capitalization$12.30 billionP/E Ratio6.43Dividend Yield2.61%Price Target$60.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Ovintiv alerts: Email Address Ovintiv MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside31.0% Upside$60.33 Price TargetShort InterestHealthy1.36% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.65Upright™ Environmental ScoreNews Sentiment0.65Based on 12 Articles This WeekInsider TradingSelling Shares$804,560 Sold Last QuarterProj. Earnings Growth14.39%From $5.70 to $6.52 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.93 out of 5 starsOils/Energy Sector7th out of 248 stocksCrude Petroleum & Natural Gas Industry4th out of 80 stocks 4.4 Analyst's Opinion Consensus RatingOvintiv has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 12 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageOvintiv has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Ovintiv's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.36% of the float of Ovintiv has been sold short.Short Interest Ratio / Days to CoverOvintiv has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ovintiv has recently decreased by 24.84%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldOvintiv pays a meaningful dividend of 2.63%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthOvintiv does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ovintiv is 16.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ovintiv will have a dividend payout ratio of 18.40% next year. This indicates that Ovintiv will be able to sustain or increase its dividend.Read more about Ovintiv's dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOvintiv has received a -118.44% net impact score from Upright. The largest negative impact of Ovintiv in category "GHG emissions" seems to be driven mostly by its "Oil exploration services", "Oil trade", "Conventional crude oil", "Natural gas drilling services", and "Conventional natural gas" products. See details.Environmental SustainabilityThe Environmental Impact score for Ovintiv is -7.65. Previous Next 2.6 News and Social Media Coverage News SentimentOvintiv has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Ovintiv this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for OVV on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Ovintiv to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ovintiv insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $804,560.00 in company stock.Percentage Held by InsidersOnly 1.70% of the stock of Ovintiv is held by insiders.Percentage Held by Institutions83.81% of the stock of Ovintiv is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ovintiv's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ovintiv are expected to grow by 14.39% in the coming year, from $5.70 to $6.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ovintiv is 6.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Ovintiv is 6.43, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.69.Price to Earnings Growth RatioOvintiv has a PEG Ratio of 7.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOvintiv has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Ovintiv's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. About Ovintiv Stock (NYSE:OVV)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. In addition, the company's upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.Read More OVV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OVV Stock News HeadlinesJuly 26 at 8:03 PM | theglobeandmail.comClosing Bell: Ovintiv Inc up on Thursday (OVV)July 23 at 7:44 AM | americanbankingnews.comOvintiv (OVV) Set to Announce Quarterly Earnings on TuesdayJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."July 22, 2024 | americanbankingnews.comOvintiv (NYSE:OVV) Price Target Lowered to $60.00 at Truist FinancialJuly 22, 2024 | americanbankingnews.comOvintiv (NYSE:OVV) Given New $52.00 Price Target at Wells Fargo & CompanyJuly 21, 2024 | americanbankingnews.comOvintiv (NYSE:OVV) Now Covered by Wolfe ResearchJuly 16, 2024 | americanbankingnews.comCapital One Financial Comments on Ovintiv Inc.'s Q3 2024 Earnings (NYSE:OVV)July 11, 2024 | prnewswire.comOvintiv to Host its Second Quarter 2024 Results Conference Call and Webcast on July 31, 2024July 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."July 4, 2024 | barrons.comCrypto, Retail, and Oil Are Hot for Deals. Check These Stocks.June 13, 2024 | seekingalpha.comOvintiv: Increased Full-Year Production Guidance After Its Q1 2024 ResultsMay 27, 2024 | finance.yahoo.comEven though Ovintiv (NYSE:OVV) has lost US$407m market cap in last 7 days, shareholders are still up 93% over 3 yearsMay 23, 2024 | seekingalpha.comOvintiv: Better Choices Available In Oil And Gas Sector (Rating Downgrade)May 15, 2024 | businesswire.comEnergy Safety Canada Appoints Former Ovintiv Executive as New President and CEOMay 13, 2024 | markets.businessinsider.comDeep Dive Into Ovintiv Stock: Analyst Perspectives (12 Ratings)May 13, 2024 | investorplace.comThe 3 Most Undervalued Russell 2000 Stocks to Buy in May 2024May 8, 2024 | seekingalpha.comOvintiv Inc. 2024 Q1 - Results - Earnings Call PresentationMay 8, 2024 | markets.businessinsider.comOvintiv Earns ‘Buy’ Rating: Exceeding Guidance with Strong Cash Flow and Strategic Asset ManagementSee More Headlines Receive OVV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ovintiv and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:OVV CUSIPN/A CIK1792580 Webwww.ovintiv.com Phone303-623-2300Fax303-623-2400Employees1,743Year FoundedN/APrice Target and Rating Average Stock Price Target$60.33 High Stock Price Target$70.00 Low Stock Price Target$49.00 Potential Upside/Downside+31.0%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$7.16 Trailing P/E Ratio6.43 Forward P/E Ratio8.08 P/E Growth7.49Net Income$2.09 billion Net Margins18.12% Pretax Margin21.76% Return on Equity17.74% Return on Assets8.84% Debt Debt-to-Equity Ratio0.53 Current Ratio0.52 Quick Ratio0.52 Sales & Book Value Annual Sales$10.88 billion Price / Sales1.13 Cash Flow$13.43 per share Price / Cash Flow3.43 Book Value$38.00 per share Price / Book1.21Miscellaneous Outstanding Shares266,980,000Free Float262,442,000Market Cap$12.30 billion OptionableOptionable Beta2.63 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Brendan Michael McCracken (Age 48)President, CEO & Director Comp: $4.03MMr. Corey Douglas Code (Age 50)Executive VP & CFO Comp: $1.71MMr. Gregory Dean Givens (Age 50)Executive VP & COO Comp: $2.04MMs. Meghan Nicole Eilers (Age 42)Executive VP of Midstream & Marketing and General Counsel Comp: $1.21MMs. Renee E. Zemljak (Age 59)Senior Advisor Comp: $1.38MMr. Stephen Carter Campbell (Age 55)Senior Vice President of Investor Relations Ms. Rachel Maureen Moore CHRP (Age 52)Executive Vice President of Corporate Services Comp: $809.56kMore ExecutivesKey CompetitorsCenovus EnergyNYSE:CVEDiamondback EnergyNASDAQ:FANGDevon EnergyNYSE:DVNCoterra EnergyNYSE:CTRAMarathon OilNYSE:MROView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 84,410 shares on 7/26/2024Ownership: 1.142%State of Michigan Retirement SystemSold 2,800 shares on 7/26/2024Ownership: 0.029%Allspring Global Investments Holdings LLCBought 36,770 shares on 7/26/2024Ownership: 0.014%Atomi Financial Group Inc.Bought 5,983 shares on 7/26/2024Ownership: 0.002%Highland Capital Management LLCSold 2,410 shares on 7/25/2024Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions OVV Stock Analysis - Frequently Asked Questions How have OVV shares performed this year? Ovintiv's stock was trading at $43.92 at the beginning of 2024. Since then, OVV stock has increased by 4.9% and is now trading at $46.06. View the best growth stocks for 2024 here. How were Ovintiv's earnings last quarter? Ovintiv Inc. (NYSE:OVV) issued its earnings results on Tuesday, May, 7th. The company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.32 by $0.12. The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.58 billion. Ovintiv had a trailing twelve-month return on equity of 17.74% and a net margin of 18.12%. Who are Ovintiv's major shareholders? Ovintiv's top institutional investors include Bank of New York Mellon Corp (1.14%), Ceredex Value Advisors LLC (0.27%), Wedge Capital Management L L P NC (0.20%) and Sumitomo Mitsui Trust Holdings Inc. (0.19%). Insiders that own company stock include Thomas G Ricks, Rachel Maureen Moore, Howard John Mayson, Renee Ellen Zemljak, Meghan Nicole Eilers, Steven W Nance and Katherine Lucas Minyard. View institutional ownership trends. How do I buy shares of Ovintiv? Shares of OVV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Ovintiv own? Based on aggregate information from My MarketBeat watchlists, some other companies that Ovintiv investors own include Johnson & Johnson (JNJ), Exxon Mobil (XOM), American Airlines Group (AAL), General Electric (GE), Pfizer (PFE), AT&T (T) and Alibaba Group (BABA). This page (NYSE:OVV) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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