Q3 Earnings Estimate for Ovintiv Issued By Zacks Research

Ovintiv Inc. (TSE:OVV) – Investment analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for Ovintiv in a research report issued to clients and investors on Tuesday, June 16th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $2.06 for the quarter, down from their prior forecast of $2.07. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q4 2026 earnings at $2.22 EPS and Q1 2027 earnings at $1.66 EPS.

Ovintiv (TSE:OVV) last released its quarterly earnings data on Monday, May 11th. The company reported C($3.27) earnings per share (EPS) for the quarter. Ovintiv had a return on equity of 7.13% and a net margin of 8.59%.The business had revenue of C$3.52 billion for the quarter.

Several other analysts also recently weighed in on OVV. Citigroup upgraded shares of Ovintiv from a “hold” rating to a “strong-buy” rating and set a C$70.00 price objective for the company in a research report on Wednesday, May 20th. Truist Financial upgraded shares of Ovintiv to a “strong-buy” rating in a research note on Monday, March 23rd. Six investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$70.00.

Ovintiv Stock Performance

Shares of OVV opened at C$75.66 on Thursday. The stock has a 50 day moving average price of C$79.12 and a 200 day moving average price of C$69.07. The company has a quick ratio of 0.51, a current ratio of 0.56 and a debt-to-equity ratio of 66.59. The company has a market capitalization of C$21.26 billion, a price-to-earnings ratio of 24.89, a price-to-earnings-growth ratio of 0.05 and a beta of 0.44. Ovintiv has a 52-week low of C$50.13 and a 52-week high of C$86.86.

Ovintiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, June 15th. Ovintiv’s dividend payout ratio is presently 39.47%.

Ovintiv Company Profile

Ovintiv Inc is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the province of Alberta. Ovintiv’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin.