Q1 EPS Estimates for Ovintiv Lifted by Capital One Financial

Ovintiv Inc. (NYSE:OVV) – Investment analysts at Capital One Financial boosted their Q1 2025 earnings per share estimates for shares of Ovintiv in a report released on Monday, November 18th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $1.02 for the quarter, up from their prior estimate of $0.99. The consensus estimate for Ovintiv’s current full-year earnings is $5.14 per share. Capital One Financial also issued estimates for Ovintiv’s Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.20 EPS, Q4 2025 earnings at $1.24 EPS and FY2025 earnings at $4.59 EPS.

A number of other analysts also recently issued reports on OVV. JPMorgan Chase & Co. dropped their price target on shares of Ovintiv from $60.00 to $51.00 and set an “overweight” rating on the stock in a report on Thursday, September 12th. Barclays raised their target price on Ovintiv from $53.00 to $57.00 and gave the stock an “overweight” rating in a research report on Friday. Mizuho cut their price target on Ovintiv from $60.00 to $58.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. UBS Group increased their price objective on shares of Ovintiv from $57.00 to $59.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Wells Fargo & Company cut their target price on shares of Ovintiv from $51.00 to $42.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 1st. Five research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $56.71.

Ovintiv Trading Up 2.7 %

Ovintiv stock opened at $44.97 on Tuesday. Ovintiv has a one year low of $36.90 and a one year high of $55.95. The business’s fifty day moving average is $40.80 and its 200 day moving average is $44.36. The stock has a market capitalization of $11.71 billion, a PE ratio of 5.96 and a beta of 2.62. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.52 and a quick ratio of 0.52.

Ovintiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.20 annualized dividend and a dividend yield of 2.67%. Ovintiv’s dividend payout ratio (DPR) is 15.92%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of OVV. Geode Capital Management LLC raised its position in shares of Ovintiv by 4.7% during the 3rd quarter. Geode Capital Management LLC now owns 4,533,633 shares of the company’s stock valued at $173,296,000 after buying an additional 205,409 shares in the last quarter. M&T Bank Corp raised its position in Ovintiv by 21.2% during the third quarter. M&T Bank Corp now owns 16,278 shares of the company’s stock valued at $624,000 after purchasing an additional 2,850 shares during the period. Y Intercept Hong Kong Ltd lifted its stake in shares of Ovintiv by 64.4% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 59,856 shares of the company’s stock valued at $2,293,000 after purchasing an additional 23,452 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of Ovintiv by 11.3% in the 3rd quarter. MML Investors Services LLC now owns 10,570 shares of the company’s stock valued at $405,000 after purchasing an additional 1,074 shares during the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in shares of Ovintiv by 5.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 42,304 shares of the company’s stock worth $1,621,000 after purchasing an additional 2,244 shares during the period. 83.81% of the stock is owned by hedge funds and other institutional investors.

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.