Research Analysts Offer Predictions for Ovintiv Q1 Earnings

Ovintiv Inc. (NYSE:OVV) – Equities researchers at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Ovintiv in a research report issued on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $1.09 for the quarter, up from their prior forecast of $1.05. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Zacks Research also issued estimates for Ovintiv’s Q2 2025 earnings at $1.15 EPS, Q3 2025 earnings at $1.23 EPS, Q4 2025 earnings at $1.42 EPS, FY2025 earnings at $4.90 EPS, Q1 2026 earnings at $1.07 EPS, Q4 2026 earnings at $1.98 EPS, FY2026 earnings at $5.57 EPS and FY2027 earnings at $6.07 EPS.

OVV has been the subject of a number of other research reports. Truist Financial lifted their price objective on shares of Ovintiv from $59.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Mizuho lowered their price target on Ovintiv from $63.00 to $60.00 and set an “outperform” rating on the stock in a research report on Monday, December 16th. National Bankshares upped their price objective on Ovintiv from $51.00 to $56.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. reduced their target price on Ovintiv from $56.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. Finally, Wells Fargo & Company increased their price target on Ovintiv from $44.00 to $45.00 and gave the company an “equal weight” rating in a research note on Thursday. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $56.78.

Ovintiv Trading Down 1.4 %

NYSE OVV opened at $41.52 on Thursday. Ovintiv has a 12 month low of $36.62 and a 12 month high of $55.95. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average of $42.80 and a 200-day moving average of $41.79. The company has a market cap of $10.81 billion, a PE ratio of 5.51 and a beta of 2.55.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of OVV. True Wealth Design LLC increased its holdings in Ovintiv by 3,180.0% in the 3rd quarter. True Wealth Design LLC now owns 656 shares of the company’s stock valued at $25,000 after buying an additional 636 shares during the period. Colonial Trust Co SC bought a new position in Ovintiv in the fourth quarter valued at approximately $28,000. MassMutual Private Wealth & Trust FSB raised its position in Ovintiv by 100.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 717 shares of the company’s stock valued at $29,000 after purchasing an additional 360 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in Ovintiv by 71.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 805 shares of the company’s stock worth $32,000 after purchasing an additional 335 shares during the last quarter. Finally, Optiver Holding B.V. acquired a new stake in shares of Ovintiv in the 4th quarter valued at $40,000. Institutional investors own 83.81% of the company’s stock.

Ovintiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Friday, March 14th. Ovintiv’s dividend payout ratio (DPR) is currently 28.57%.

Ovintiv Company Profile

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.