Vermilion Energy (VET) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vermilion Energy in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" VET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VET, but not buy additional shares or sell existing shares.
View VET analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12-month target prices for Vermilion Energy's shares. Their VET share price forecasts range from $10.00 to $52.00. On average, they predict the company's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 64.5% from the stock's current price.
View analysts price targets for VET or view top-rated stocks among Wall Street analysts.

Vermilion Energy's stock was trading at $17.70 on January 1st, 2023. Since then, VET stock has decreased by 21.0% and is now trading at $13.98.
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Vermilion Energy saw a decrease in short interest in the month of August. As of August 15th, there was short interest totaling 2,370,000 shares, a decrease of 27.7% from the July 31st total of 3,280,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the short-interest ratio is presently 2.0 days. Approximately 1.5% of the shares of the stock are sold short.
View Vermilion Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our VET earnings forecast.

Vermilion Energy Inc. (NYSE:VET) posted its quarterly earnings data on Wednesday, August, 2nd. The oil and gas company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.33. The oil and gas company had revenue of $350.94 million for the quarter, compared to analyst estimates of $409.87 million. Vermilion Energy had a net margin of 41.30% and a trailing twelve-month return on equity of 16.48%.

Vermilion Energy announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Friday, September 29th will be given a dividend of $0.0749 per share on Monday, October 16th. This represents a $0.30 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for VET.

Vermilion Energy (NYSE:VET) pays an annual dividend of $0.29 per share and currently has a dividend yield of 2.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VET will have a dividend payout ratio of 11.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VET.

11 employees have rated Vermilion Energy Chief Executive Officer Anthony Marino on Glassdoor.com. Anthony Marino has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Vermilion Energy investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD).

Vermilion Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "VET."

Vermilion Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Bank of Nova Scotia (1.55%), Dimensional Fund Advisors LP (1.43%), National Bank of Canada FI (1.03%), Point72 Europe London LLP (0.76%), Jupiter Asset Management Ltd. (0.69%) and TD Asset Management Inc (0.51%).

Shares of VET stock 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.
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One share of VET stock can currently be purchased for approximately $13.98.

Vermilion Energy (NYSE:VET) has a market capitalization of $2.29 billion and generates $2.67 billion in revenue each year. The oil and gas company earns $1.01 billion in net income (profit) each year or $5.26 on an earnings per share basis.

The company employs 740 workers across the globe.

Vermilion Energy's mailing address is 3500 520 - 3RD AVENUE S.W., CALGARY A0, T2P 0R3. The official website for the company is www.vermilionenergy.com. The oil and gas company can be reached via phone at (403) 269-4884, via email at investor_relations@vermilionenergy.com, or via fax at 403-476-8100.