Zacks Research Comments on Ovintiv's Q2 Earnings (NYSE:OVV)

Ovintiv Inc. (NYSE:OVV - Free Report) - Investment analysts at Zacks Research raised their Q2 2025 earnings estimates for Ovintiv in a research note issued to investors on Thursday, January 9th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $1.00 for the quarter, up from their prior estimate of $0.98. The consensus estimate for Ovintiv's current full-year earnings is $5.45 per share. Zacks Research also issued estimates for Ovintiv's Q3 2025 earnings at $1.16 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.50 EPS, Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.84 EPS and FY2026 earnings at $4.93 EPS.

Several other research analysts have also recently commented on OVV. Mizuho decreased their target price on shares of Ovintiv from $63.00 to $60.00 and set an "outperform" rating for the company in a report on Monday, December 16th. UBS Group dropped their price target on Ovintiv from $59.00 to $56.00 and set a "buy" rating on the stock in a research report on Monday, December 9th. Evercore ISI lowered their target price on Ovintiv from $60.00 to $54.00 and set an "outperform" rating on the stock in a research note on Monday, September 30th. Scotiabank upped their target price on Ovintiv from $50.00 to $53.00 and gave the company a "sector outperform" rating in a report on Monday, November 18th. Finally, Barclays raised their price target on shares of Ovintiv from $53.00 to $57.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Five analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $56.59.

Ovintiv Trading Up 2.7 %

Shares of Ovintiv stock traded up $1.14 on Friday, reaching $43.57. 3,501,115 shares of the company were exchanged, compared to its average volume of 2,325,186. The stock has a fifty day moving average price of $41.94 and a 200-day moving average price of $42.59. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $11.34 billion, a price-to-earnings ratio of 5.78 and a beta of 2.63. Ovintiv has a fifty-two week low of $36.90 and a fifty-two week high of $55.95.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Hotchkis & Wiley Capital Management LLC increased its stake in shares of Ovintiv by 17.2% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 8,212,561 shares of the company's stock worth $314,623,000 after purchasing an additional 1,207,610 shares during the period. Pacer Advisors Inc. grew its position in Ovintiv by 11,282.4% during the third quarter. Pacer Advisors Inc. now owns 6,543,648 shares of the company's stock worth $250,687,000 after buying an additional 6,486,159 shares in the last quarter. Smead Capital Management Inc. increased its stake in Ovintiv by 3.5% during the third quarter. Smead Capital Management Inc. now owns 6,303,203 shares of the company's stock valued at $241,476,000 after acquiring an additional 212,535 shares during the period. Geode Capital Management LLC raised its holdings in Ovintiv by 4.7% in the 3rd quarter. Geode Capital Management LLC now owns 4,533,633 shares of the company's stock valued at $173,296,000 after acquiring an additional 205,409 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Ovintiv by 3.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,844,632 shares of the company's stock worth $180,194,000 after acquiring an additional 142,296 shares during the period. Institutional investors own 83.81% of the company's stock.

Ovintiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.20 annualized dividend and a yield of 2.75%. Ovintiv's dividend payout ratio (DPR) is currently 15.92%.

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.