Vermilion Energy Inc to Post FY2017 Earnings of $0.73 Per Share, National Bank Financial Forecasts (VET)
Vermilion Energy Inc (TSE:VET) (NYSE:VET) – Analysts at National Bank Financial decreased their FY2017 EPS estimates for shares of Vermilion Energy in a report issued on Monday. National Bank Financial analyst T. Wood now anticipates that the company will post earnings of $0.73 per share for the year, down from their previous forecast of $1.01. National Bank Financial currently has a “Outperform” rating and a $48.00 price target on the stock. National Bank Financial also issued estimates for Vermilion Energy’s FY2018 earnings at $1.01 EPS.
A number of other research firms have also recently weighed in on VET. Barclays PLC upped their price objective on shares of Vermilion Energy from C$50.00 to C$51.00 in a research report on Monday. TD Securities reduced their price objective on shares of Vermilion Energy from C$51.00 to C$50.00 and set a “buy” rating for the company in a research report on Tuesday. BMO Capital Markets reduced their price objective on shares of Vermilion Energy from C$51.00 to C$48.00 in a research report on Tuesday, October 10th. Finally, Royal Bank Of Canada increased their target price on shares of Vermilion Energy from C$51.00 to C$52.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th. Five research analysts have rated the stock with a buy rating, Vermilion Energy presently has a consensus rating of “Buy” and a consensus target price of C$54.56.
In other news, insider Gerard Schut sold 3,000 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of C$45.00, for a total value of C$135,000.00.
The firm also recently announced a monthly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were given a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date was Thursday, September 28th.
About Vermilion Energy
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