Zacks Research Comments on Ovintiv’s Q2 Earnings (NYSE:OVV)

Ovintiv Inc. (NYSE:OVV) – Equities research analysts at Zacks Research increased their Q2 2025 earnings per share estimates for shares of Ovintiv in a research note issued on Thursday, January 9th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $1.00 per share for the quarter, up from their previous forecast of $0.98. The consensus estimate for Ovintiv’s current full-year earnings is $5.45 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2025 earnings at $1.16 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.50 EPS, Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.84 EPS and FY2026 earnings at $4.93 EPS.

A number of other brokerages also recently weighed in on OVV. UBS Group lowered their price target on Ovintiv from $59.00 to $56.00 and set a “buy” rating for the company in a report on Monday, December 9th. Truist Financial boosted their price target on Ovintiv from $57.00 to $59.00 and gave the company a “buy” rating in a report on Friday, November 15th. Scotiabank boosted their price target on Ovintiv from $50.00 to $53.00 and gave the company a “sector outperform” rating in a report on Monday, November 18th. Evercore ISI reduced their price objective on Ovintiv from $60.00 to $54.00 and set an “outperform” rating for the company in a research report on Monday, September 30th. Finally, Citigroup reduced their price objective on Ovintiv from $55.00 to $54.00 and set a “buy” rating for the company in a research report on Tuesday, November 26th. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $56.81.

Ovintiv Price Performance

OVV stock opened at $43.57 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.46. Ovintiv has a 52-week low of $36.90 and a 52-week high of $55.95. The stock’s 50 day moving average is $42.03 and its two-hundred day moving average is $42.56. The company has a market capitalization of $11.34 billion, a PE ratio of 5.78 and a beta of 2.63.

Institutional Investors Weigh In On Ovintiv

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Drive Wealth Management LLC raised its position in shares of Ovintiv by 2.5% during the third quarter. Drive Wealth Management LLC now owns 10,309 shares of the company’s stock worth $395,000 after purchasing an additional 251 shares during the period. CIBC Asset Management Inc raised its position in Ovintiv by 3.7% during the third quarter. CIBC Asset Management Inc now owns 7,937 shares of the company’s stock valued at $304,000 after buying an additional 280 shares during the period. UMB Bank n.a. raised its position in Ovintiv by 27.7% during the third quarter. UMB Bank n.a. now owns 1,317 shares of the company’s stock valued at $50,000 after buying an additional 286 shares during the period. OneDigital Investment Advisors LLC raised its position in Ovintiv by 5.2% during the third quarter. OneDigital Investment Advisors LLC now owns 6,018 shares of the company’s stock valued at $231,000 after buying an additional 298 shares during the period. Finally, Stifel Financial Corp raised its position in Ovintiv by 1.6% during the third quarter. Stifel Financial Corp now owns 20,385 shares of the company’s stock valued at $781,000 after buying an additional 322 shares during the period. 83.81% of the stock is owned by institutional investors and hedge funds.

Ovintiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.20 annualized dividend and a dividend yield of 2.75%. Ovintiv’s dividend payout ratio (DPR) is 15.92%.

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.