Top-Rated Dividend Stocks NYSE:OVV Ovintiv Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ovintiv Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $45.43 +2.53 (+5.90%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$43.09▼$45.9850-Day Range$42.40▼$61.9652-Week Range$21.92▼$63.30Volume39.39 million shsAverage Volume4.63 million shsMarket Capitalization$11.73 billionP/E Ratio10.30Dividend Yield2.20%Price Target$64.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 OVV Stock Forecast (MarketRank)Overall MarketRank™3.09 out of 5 starsOils/Energy Sector19th out of 374 stocksCrude Petroleum & Natural Gas Industry9th out of 121 stocksAnalyst Opinion: 4.4Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 - 4.4 Analyst's Opinion Consensus RatingOvintiv has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.33, Ovintiv has a forecasted upside of 41.6% from its current price of $45.43.Amount of Analyst CoverageOvintiv has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.7 Community Rank Outperform VotesOvintiv has received 104 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOvintiv has received 82 “underperform” votes. (Add your “underperform” vote.)Community SentimentOvintiv has received 55.91% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Ovintiv and other stocks. Vote “Outperform” if you believe OVV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OVV will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldOvintiv pays a meaningful dividend of 2.20%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthOvintiv has only been increasing its dividend for 2 years.Dividend SustainabilityBased on earnings estimates, Ovintiv will have a dividend payout ratio of 6.86% next year. This indicates that Ovintiv will be able to sustain or increase its dividend. 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 $2,213,809.00 in company stock.Percentage Held by InsidersOnly 1.70% of the stock of Ovintiv is held by insiders.Percentage Held by Institutions76.96% of the stock of Ovintiv is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ovintiv are expected to grow by 54.29% in the coming year, from $9.45 to $14.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ovintiv is 10.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Ovintiv is 10.30, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.71.Price to Book Value per Share RatioOvintiv has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ovintiv (NYSE:OVV)Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. 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 News HeadlinesJune 26, 2022 | americanbankingnews.comBrokerages Set Ovintiv Inc. (NYSE:OVV) Price Target at $62.15June 25, 2022 | americanbankingnews.comOvintiv (NYSE:OVV) Stock Price Down 7.9%June 23, 2022 | americanbankingnews.comOvintiv (NYSE:OVV) Sees Large Volume IncreaseJune 22, 2022 | marketwatch.comWhy stock-market volatility may rise Friday due to Russell rebalancing - MarketWatchJune 18, 2022 | americanbankingnews.comNational Bank Financial Increases Ovintiv (NYSE:OVV) Price Target to $115.00June 15, 2022 | finance.yahoo.comW&T Offshore Announces Appointment of General Counsel - Yahoo FinanceJune 15, 2022 | americanbankingnews.comOvintiv (NYSE:OVV) Price Target Raised to $72.00June 15, 2022 | americanbankingnews.comOvintiv (NYSE:OVV) Sees Unusually-High Trading Volume on Analyst UpgradeJune 14, 2022 | benzinga.comBarclays Maintains Overweight on Ovintiv, Raises Price Target to $72 - Benzinga - BenzingaJune 12, 2022 | americanbankingnews.comReviewing Riley Exploration Permian (NYSE:REPX) and Ovintiv (NYSE:OVV)June 10, 2022 | finance.yahoo.comOvintiv (OVV) Stock Moves -1.2%: What You Should KnowJune 10, 2022 | americanbankingnews.comThomas G. Ricks Sells 19,231 Shares of Ovintiv Inc. (NYSE:OVV) StockJune 7, 2022 | americanbankingnews.comOvintiv (NYSE:OVV) Given New $65.00 Price Target at Morgan StanleySee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:OVV CUSIPN/A CIK1792580 Webwww.ovintiv.com Phone303-623-2300Fax303-623-2400Employees1,713Year FoundedN/ACompany Calendar Ex-Dividend for 3/31 Dividend3/14/2022Dividend Payable3/31/2022Last Earnings5/09/2022Ex-Dividend for 6/30 Dividend6/14/2022Today6/26/2022Dividend Payable6/30/2022Next Earnings (Estimated)7/26/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$64.33 High Stock Price Forecast$115.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+41.6%Consensus RatingModerate Buy Rating Score (0-4)2.83333333333333 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio10.30 Forward P/E Ratio4.81 P/E GrowthN/ANet Income$1.42 billion Net Margins9.86% Pretax Margin9.79% Return on Equity60.01% Return on Assets18.62% Debt Debt-to-Equity Ratio1.02 Current Ratio0.54 Quick Ratio0.54 Sales & Book Value Annual Sales$8.66 billion Price / Sales1.35 Cash Flow$9.67 per share Price / Cash Flow4.70 Book Value$19.67 per share Price / Book2.31Miscellaneous Outstanding Shares258,130,000Free Float253,746,000Market Cap$11.73 billion OptionableOptionable Beta3.17 Ovintiv Frequently Asked Questions Should I buy or sell Ovintiv stock right now? 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last twelve months. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Ovintiv stock. View analyst ratings for Ovintiv or view top-rated stocks. What is Ovintiv's stock price forecast for 2022? 17 Wall Street analysts have issued 1 year target prices for Ovintiv's stock. Their OVV stock forecasts range from $38.00 to $115.00. On average, they anticipate Ovintiv's stock price to reach $64.33 in the next year. This suggests a possible upside of 41.6% from the stock's current price. View analysts' price targets for Ovintiv or view top-rated stocks among Wall Street analysts. How has Ovintiv's stock performed in 2022? Ovintiv's stock was trading at $33.70 on January 1st, 2022. Since then, OVV shares have increased by 34.8% and is now trading at $45.43. View the best growth stocks for 2022 here. When is Ovintiv's next earnings date? Ovintiv is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022. View our earnings forecast for Ovintiv. How were Ovintiv's earnings last quarter? Ovintiv Inc. (NYSE:OVV) issued its quarterly earnings results on Monday, May, 9th. The company reported $2.17 earnings per share for the quarter, missing the consensus estimate of $2.54 by $0.37. The business earned $1.97 billion during the quarter, compared to analyst estimates of $2.42 billion. Ovintiv had a net margin of 9.86% and a trailing twelve-month return on equity of 60.01%. View Ovintiv's earnings history. How often does Ovintiv pay dividends? What is the dividend yield for Ovintiv? Ovintiv announced a quarterly dividend on Monday, May 9th. Investors of record on Wednesday, June 15th will be paid a dividend of $0.25 per share on Thursday, June 30th. This represents a $1.00 annualized dividend and a yield of 2.20%. The ex-dividend date is Tuesday, June 14th. This is a boost from Ovintiv's previous quarterly dividend of $0.20. View Ovintiv's dividend history. Is Ovintiv a good dividend stock? Ovintiv(NYSE:OVV) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.20%. View Ovintiv's dividend history. Who are Ovintiv's key executives? Ovintiv's management team includes the following people: Mr. Brendan Michael McCracken, Pres, CEO & Director (Age 46, Pay $2.6M)Mr. Corey Douglas Code, Exec. VP & CFO (Age 48, Pay $1.02M)Mr. Gregory Dean Givens, Exec. VP & COO (Age 49, Pay $1.33M)Ms. Renee E. Zemljak, Exec. VP of Midstream, Marketing & Fundamentals (Age 57, Pay $1.24M)Mr. Stephen Carter Campbell, Sr. VP of Investor Relations (Age 53)Meghan Nicole Eilers, Exec. VP, Gen. Counsel & Corp. Sec.Ms. Rachel Maureen Moore, Exec. VP of Corp. Services (Age 50) (LinkedIn Profile)Jason Verhaest, VP of Investor Relations Who are some of Ovintiv's key competitors? Some companies that are related to Ovintiv include ENI (E), Cenovus Energy (CVE), Devon Energy (DVN), Continental Resources (CLR), Diamondback Energy (FANG), Coterra Energy (CTRA), Woodside Energy Group (WOPEY), Woodside Energy Group (WDS), Hong Kong and China Gas (HOKCY), Marathon Oil (MRO), Sasol (SSL), EQT (EQT), Gulfport Energy (GPORQ), APA (APA) and Chesapeake Energy (CHK). View all of OVV's competitors. What other stocks do shareholders of Ovintiv own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ovintiv investors own include Johnson & Johnson (JNJ), Exxon Mobil (XOM), American Airlines Group (AAL), General Electric (GE), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Delta Air Lines (DAL), Walt Disney (DIS) and (NCLH). What is Ovintiv's stock symbol? Ovintiv trades on the New York Stock Exchange (NYSE) under the ticker symbol "OVV." Who are Ovintiv's major shareholders? Ovintiv's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.16%), State Street Corp (3.01%), Goldman Sachs Group Inc. (1.73%), Assenagon Asset Management S.A. (1.67%), Arrowstreet Capital Limited Partnership (1.53%) and Northern Trust Corp (1.25%). Company insiders that own Ovintiv stock include Brendan Michael Mccracken, Brian Gordon Shaw, Bruce Gordon Waterman, Corey Douglas Code, David Glen Hill, Douglas James Suttles, Fred J Fowler, Howard John Mayson, Joanne Linette Alexander, Katherine Lucas Minyard, Margaret Anne Mckenzie, Michael Gerard Mcallister, Michael Williams, Rachel Maureen Moore, Sheila Marie Dipalma, Steven W Nance and Thomas G Ricks. View institutional ownership trends for Ovintiv. Which major investors are selling Ovintiv stock? OVV stock was sold by a variety of institutional investors in the last quarter, including JB Investments Management LLC, Vanguard Group Inc., Alyeska Investment Group L.P., Ceredex Value Advisors LLC, Goldman Sachs Group Inc., Letko Brosseau & Associates Inc., Ruffer LLP, and Group One Trading L.P.. Company insiders that have sold Ovintiv company stock in the last two years include Howard John Mayson, Joanne Linette Alexander, Steven W Nance, and Thomas G Ricks. View insider buying and selling activity for Ovintiv or view top insider-selling stocks. Which major investors are buying Ovintiv stock? OVV stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Third Point LLC, Scout Investments Inc., Invesco Ltd., Artemis Investment Management LLP, Arrowstreet Capital Limited Partnership, American Century Companies Inc., and Contrarius Investment Management Ltd. Company insiders that have bought Ovintiv stock in the last two years include Douglas James Suttles, Katherine Lucas Minyard, and Rachel Maureen Moore. View insider buying and selling activity for Ovintiv or or view top insider-buying stocks. How do I buy shares of Ovintiv? Shares of OVV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ovintiv's stock price today? One share of OVV stock can currently be purchased for approximately $45.43. How much money does Ovintiv make? Ovintiv (NYSE:OVV) has a market capitalization of $11.73 billion and generates $8.66 billion in revenue each year. How many employees does Ovintiv have? Ovintiv employs 1,713 workers across the globe. How can I contact Ovintiv? Ovintiv's mailing address is 370 - 17TH STREET SUITE 1700, DENVER CO, 80202. The official website for Ovintiv is www.ovintiv.com. The company can be reached via phone at 303-623-2300, via email at [email protected], or via fax at 303-623-2400. This page (NYSE:OVV) was last updated on 6/26/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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