Zacks Research Issues Negative Forecast for Ovintiv Earnings

Ovintiv Inc. (TSE:OVV) – Investment analysts at Zacks Research decreased their FY2025 EPS estimates for Ovintiv in a research note issued to investors on Monday, November 24th. Zacks Research analyst Team now anticipates that the company will earn $6.14 per share for the year, down from their prior estimate of $6.56. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q1 2026 earnings at $1.49 EPS, Q2 2026 earnings at $1.23 EPS, Q3 2026 earnings at $1.26 EPS, Q4 2026 earnings at $1.64 EPS, FY2026 earnings at $5.63 EPS, Q3 2027 earnings at $1.67 EPS and FY2027 earnings at $6.94 EPS.

A number of other analysts have also recently commented on the stock. Roth Capital raised shares of Ovintiv to a “hold” rating in a research note on Monday, October 13th. Royal Bank Of Canada upgraded Ovintiv from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, October 15th. Finally, Wells Fargo & Company raised Ovintiv to a “hold” rating in a research note on Friday, October 17th. Four investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Ovintiv Trading Down 1.5%

Shares of TSE:OVV opened at C$55.02 on Wednesday. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51. The firm has a market capitalization of C$13.93 billion, a price-to-earnings ratio of 59.16, a price-to-earnings-growth ratio of 0.05 and a beta of 0.88. Ovintiv has a 1 year low of C$42.35 and a 1 year high of C$66.67. The business’s 50 day moving average price is C$54.33 and its 200-day moving average price is C$54.54.

Ovintiv (TSE:OVV) last released its quarterly earnings results on Tuesday, November 4th. The company reported C$0.57 earnings per share for the quarter. Ovintiv had a return on equity of 19.62% and a net margin of 20.34%.The company had revenue of C$2.88 billion during the quarter.

Ovintiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 29th were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. Ovintiv’s dividend payout ratio (DPR) is 129.03%.

About Ovintiv

Ovintiv Inc is a leading North American exploration and production (E&P) company focused on developing its high-quality, multi-basin portfolio. Ovintiv works to safely produce crude oil and natural gas-products that make modern life possible for all. The Company is focused on creating long-term shareholder value while contributing to the strength and sustainability of the communities where it operates.