Q1 EPS Estimates for Ovintiv Raised by Capital One Financial

Ovintiv Inc. (TSE:OVV) – Stock analysts at Capital One Financial increased their Q1 2025 earnings estimates for Ovintiv in a research note issued to investors on Monday, February 3rd. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $2.04 per share for the quarter, up from their prior forecast of $1.87. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Capital One Financial also issued estimates for Ovintiv’s FY2025 earnings at $9.15 EPS.

Separately, Siebert Williams Shank raised shares of Ovintiv to a “strong-buy” rating in a research report on Tuesday, October 15th. One analyst has rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, Ovintiv currently has an average rating of “Buy” and a consensus target price of C$58.50.

Ovintiv Stock Performance

TSE OVV opened at C$60.77 on Thursday. The firm has a market capitalization of C$16.02 billion, a P/E ratio of 6.22, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63. The firm’s fifty day moving average price is C$60.50 and its two-hundred day moving average price is C$58.97. Ovintiv has a 1 year low of C$49.74 and a 1 year high of C$76.63. The company has a current ratio of 0.44, a quick ratio of 0.51 and a debt-to-equity ratio of 67.70.

Ovintiv (TSE:OVV) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.49 by C$1.03. Ovintiv had a net margin of 18.84% and a return on equity of 19.75%. During the same quarter last year, the company earned $2.33 EPS.

Ovintiv Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were paid a $0.406 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.62 annualized dividend and a dividend yield of 2.67%. Ovintiv’s dividend payout ratio (DPR) is presently 16.58%.

About Ovintiv

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.