Equities research analysts forecast that Vermilion Energy Inc. (NYSE:VET) (TSE:VET) will post earnings of ($0.08) per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for Vermilion Energy’s earnings. Vermilion Energy posted earnings per share of ($0.09) in the same quarter last year, which would suggest a positive year over year growth rate of 11.1%. The company is scheduled to report its next quarterly earnings results on Monday, October 30th.

According to Zacks, analysts expect that Vermilion Energy will report full-year earnings of $0.72 per share for the current financial year, with EPS estimates ranging from $0.62 to $0.81. For the next financial year, analysts forecast that the company will post earnings of $0.50 per share, with EPS estimates ranging from $0.36 to $0.63. Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for Vermilion Energy.

Vermilion Energy (NYSE:VET) (TSE:VET) last issued its earnings results on Wednesday, July 26th. The oil and gas company reported $0.30 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.37. Vermilion Energy had a net margin of 7.17% and a return on equity of 4.52%. The company had revenue of $201.70 million during the quarter.

A number of brokerages have issued reports on VET. BidaskClub upgraded Vermilion Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. Zacks Investment Research raised Vermilion Energy from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Saturday, July 8th. Finally, Royal Bank Of Canada upgraded Vermilion Energy from a “sector perform” rating to an “outperform” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. Vermilion Energy has a consensus rating of “Hold” and an average price target of $54.50.

Shares of Vermilion Energy (VET) traded down 0.77% during trading on Wednesday, hitting $34.92. The stock had a trading volume of 14,280 shares. The firm has a 50 day moving average price of $34.04 and a 200 day moving average price of $33.83. The firm has a market cap of $4.23 billion, a P/E ratio of 68.47 and a beta of 0.53. Vermilion Energy has a 12-month low of $29.91 and a 12-month high of $44.95.

The business also recently announced a monthly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be given a $0.177 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.12 annualized dividend and a dividend yield of 6.04%. Vermilion Energy’s dividend payout ratio (DPR) is 451.06%.

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A number of institutional investors have recently modified their holdings of VET. Virginia Retirement Systems ET AL boosted its holdings in Vermilion Energy by 0.4% in the 2nd quarter. Virginia Retirement Systems ET AL now owns 9,391 shares of the oil and gas company’s stock worth $297,000 after buying an additional 42 shares during the last quarter. Financial Counselors Inc. increased its stake in Vermilion Energy by 2.4% during the 1st quarter. Financial Counselors Inc. now owns 8,235 shares of the oil and gas company’s stock worth $309,000 after buying an additional 194 shares in the last quarter. AXA raised its holdings in shares of Vermilion Energy by 1.6% during the second quarter. AXA now owns 13,056 shares of the oil and gas company’s stock valued at $414,000 after acquiring an additional 200 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Vermilion Energy by 4.7% during the first quarter. Alliancebernstein L.P. now owns 8,456 shares of the oil and gas company’s stock valued at $317,000 after acquiring an additional 378 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Vermilion Energy by 17.9% during the second quarter. BNP Paribas Arbitrage SA now owns 3,194 shares of the oil and gas company’s stock valued at $101,000 after acquiring an additional 484 shares during the last quarter. 53.57% of the stock is currently owned by hedge funds and other institutional investors.

Vermilion Energy Company Profile

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