Analysts Set Vermilion Energy Inc (VET) PT at $56.17
Shares of Vermilion Energy Inc (TSE:VET) (NYSE:VET) have been given an average rating of “Buy” by the nine research firms that are covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating. The average 1 year price objective among analysts that have covered the stock in the last year is C$56.17.
VET has been the subject of a number of analyst reports. National Bank Financial decreased their price objective on shares of Vermilion Energy from C$60.00 to C$49.00 in a research report on Friday, June 23rd. Royal Bank Of Canada upped their price objective on shares of Vermilion Energy from C$51.00 to C$52.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. BMO Capital Markets decreased their price objective on shares of Vermilion Energy from C$50.00 to C$48.00 and set an “outperform” rating for the company in a research report on Thursday, July 27th. Finally, Barclays PLC decreased their price objective on shares of Vermilion Energy from C$64.00 to C$50.00 in a research report on Monday, July 24th.
Shares of Vermilion Energy (VET) traded down 1.93% during trading on Wednesday, reaching $43.20. The company had a trading volume of 276,609 shares. Vermilion Energy has a 1-year low of $38.33 and a 1-year high of $58.98. The company’s 50 day moving average is $42.63 and its 200-day moving average is $43.97. The stock has a market capitalization of $5.24 billion and a price-to-earnings ratio of 69.68.
Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, July 26th. The company reported C$0.40 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.04 by C$0.36. The business had revenue of C$271.39 million during the quarter. Vermilion Energy had a net margin of 19.03% and a return on equity of 11.88%. On average, equities research analysts anticipate that Vermilion Energy will post $0.83 earnings per share for the current year.
The business also recently declared a monthly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 29th will be given a dividend of $0.215 per share. The ex-dividend date is Thursday, September 28th. This represents a $2.58 annualized dividend and a dividend yield of 5.97%.
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In related news, insider Gerard Schut sold 3,000 shares of the company’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of C$45.00, for a total transaction of C$135,000.00. In the last 90 days, insiders have purchased 1,250 shares of company stock valued at $49,915.
Vermilion Energy Company Profile
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