Ovintiv Inc. (NYSE:OVV - Free Report) - Research analysts at Zacks Research upped their Q2 2025 EPS estimates for shares of Ovintiv in a report released on Thursday, November 28th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.94 for the quarter, up from their prior forecast of $0.91. The consensus estimate for Ovintiv's current full-year earnings is $5.31 per share. Zacks Research also issued estimates for Ovintiv's Q4 2025 earnings at $1.25 EPS, FY2025 earnings at $4.27 EPS and FY2026 earnings at $4.41 EPS.
A number of other research analysts have also recently weighed in on the company. Barclays raised their price target on Ovintiv from $53.00 to $57.00 and gave the company an "overweight" rating in a research report on Friday, November 15th. Citigroup cut their price target on Ovintiv from $55.00 to $54.00 and set a "buy" rating for the company in a report on Tuesday, November 26th. Mizuho decreased their price target on Ovintiv from $60.00 to $58.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 9th. Evercore ISI lowered their price objective on shares of Ovintiv from $60.00 to $54.00 and set an "outperform" rating for the company in a research note on Monday, September 30th. Finally, Wells Fargo & Company dropped their target price on shares of Ovintiv from $51.00 to $42.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 1st. Five analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Ovintiv presently has an average rating of "Moderate Buy" and an average price target of $56.65.
Get Our Latest Analysis on Ovintiv
Ovintiv Stock Performance
Shares of OVV stock traded down $1.19 during midday trading on Monday, hitting $44.23. The company had a trading volume of 1,470,297 shares, compared to its average volume of 3,069,826. The stock has a market cap of $11.51 billion, a price-to-earnings ratio of 6.02 and a beta of 2.62. Ovintiv has a 52-week low of $36.90 and a 52-week high of $55.95. The company's 50 day simple moving average is $41.94 and its 200 day simple moving average is $44.04. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.52 and a quick ratio of 0.52.
Hedge Funds Weigh In On Ovintiv
Several institutional investors have recently modified their holdings of OVV. Raymond James & Associates raised its position in Ovintiv by 1.2% in the 3rd quarter. Raymond James & Associates now owns 196,518 shares of the company's stock valued at $7,529,000 after buying an additional 2,275 shares during the last quarter. Quarry LP raised its position in shares of Ovintiv by 89.1% in the second quarter. Quarry LP now owns 40,902 shares of the company's stock valued at $1,917,000 after purchasing an additional 19,272 shares during the period. Wedge Capital Management L L P NC lifted its position in Ovintiv by 25.0% during the second quarter. Wedge Capital Management L L P NC now owns 535,304 shares of the company's stock worth $25,090,000 after acquiring an additional 106,900 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in shares of Ovintiv in the second quarter valued at approximately $1,441,000. Finally, Smead Capital Management Inc. increased its position in Ovintiv by 3.5% during the 3rd quarter. Smead Capital Management Inc. now owns 6,303,203 shares of the company's stock worth $241,476,000 after buying an additional 212,535 shares during the period. Institutional investors own 83.81% of the company's stock.
Ovintiv Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, December 13th. This represents a $1.20 annualized dividend and a dividend yield of 2.71%. Ovintiv's payout ratio is currently 15.92%.
About Ovintiv
(
Get Free Report)
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.
See Also
Before you consider Ovintiv, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ovintiv wasn't on the list.
While Ovintiv currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
