FY2026 EPS Estimates for Ovintiv Cut by Zacks Research

Ovintiv Inc. (TSE:OVV - Free Report) - Zacks Research decreased their FY2026 earnings estimates for Ovintiv in a research note issued to investors on Thursday, April 24th. Zacks Research analyst R. Department now anticipates that the company will earn $7.68 per share for the year, down from their previous forecast of $7.95. The consensus estimate for Ovintiv's current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv's Q4 2026 earnings at $2.46 EPS, Q1 2027 earnings at $1.68 EPS and FY2027 earnings at $7.32 EPS.

Other equities analysts have also recently issued research reports about the company. BMO Capital Markets upgraded Ovintiv from a "hold" rating to a "strong-buy" rating in a report on Monday, March 24th. Scotiabank raised shares of Ovintiv to a "strong-buy" rating in a research note on Wednesday, March 19th. Five equities research analysts have rated the stock with a strong buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Strong Buy".

Ovintiv Trading Down 1.0 %

Shares of OVV stock traded down C$0.50 during trading hours on Monday, reaching C$47.87. The company had a trading volume of 95,465 shares, compared to its average volume of 194,158. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51. Ovintiv has a 1-year low of C$42.35 and a 1-year high of C$73.00. The company has a 50 day moving average of C$54.61 and a 200 day moving average of C$58.19. The firm has a market cap of C$8.71 billion, a price-to-earnings ratio of 4.39, a P/E/G ratio of 0.05 and a beta of 2.63.

Ovintiv Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.51%. Ovintiv's dividend payout ratio is currently 14.85%.

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.