Q1 EPS Estimates for Ovintiv Lifted by Capital One Financial

Ovintiv Inc. (NYSE:OVV) – Analysts at Capital One Financial increased their Q1 2025 earnings per share estimates for Ovintiv in a report issued on Monday, November 18th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $1.02 per share for the quarter, up from their previous estimate of $0.99. The consensus estimate for Ovintiv’s current full-year earnings is $5.14 per share. Capital One Financial also issued estimates for Ovintiv’s Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.20 EPS, Q4 2025 earnings at $1.24 EPS and FY2025 earnings at $4.59 EPS.

Several other brokerages also recently issued reports on OVV. Morgan Stanley reduced their price objective on Ovintiv from $53.00 to $51.00 and set an “equal weight” rating on the stock in a research report on Monday, September 16th. Barclays increased their price target on Ovintiv from $53.00 to $57.00 and gave the company an “overweight” rating in a report on Friday, November 15th. UBS Group upped their price objective on shares of Ovintiv from $57.00 to $59.00 and gave the company a “buy” rating in a research report on Monday. Scotiabank lifted their price objective on Ovintiv from $50.00 to $53.00 and gave the stock a “sector outperform” rating in a report on Monday. Finally, Siebert Williams Shank raised Ovintiv to a “strong-buy” rating in a report on Tuesday, October 15th. Five investment 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $56.71.

Ovintiv Trading Down 0.8 %

NYSE:OVV opened at $44.62 on Tuesday. Ovintiv has a 52-week low of $36.90 and a 52-week high of $55.95. The company has a market capitalization of $11.62 billion, a PE ratio of 5.92 and a beta of 2.62. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.46. The stock has a fifty day simple moving average of $40.92 and a 200-day simple moving average of $44.31.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Raymond James & Associates increased its position in shares of Ovintiv by 1.2% in the third quarter. Raymond James & Associates now owns 196,518 shares of the company’s stock worth $7,529,000 after acquiring an additional 2,275 shares in the last quarter. Quarry LP increased its stake in 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 acquiring an additional 19,272 shares during the period. Wedge Capital Management L L P NC grew its position in Ovintiv by 25.0% in the second quarter. Wedge Capital Management L L P NC now owns 535,304 shares of the company’s stock valued at $25,090,000 after acquiring an additional 106,900 shares during the period. Jacobs Levy Equity Management Inc. acquired a new position in Ovintiv in the first quarter valued at about $1,149,000. Finally, Canandaigua National Bank & Trust Co. acquired a new stake in Ovintiv during the 2nd quarter valued at $1,441,000. Institutional investors own 83.81% of the company’s stock.

Ovintiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend is Friday, December 13th. Ovintiv’s payout ratio is currently 15.92%.

Ovintiv Company Profile

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.