Analysts expect that Vermilion Energy Inc (NYSE:VET) (TSE:VET) will report $0.16 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have made estimates for Vermilion Energy’s earnings. Vermilion Energy reported earnings of ($0.02) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 900%. The firm is expected to announce its next quarterly earnings results on Monday, February 26th.
According to Zacks, analysts expect that Vermilion Energy will report full year earnings of $0.54 per share for the current fiscal year, with EPS estimates ranging from $0.50 to $0.57. For the next financial year, analysts forecast that the business will report earnings of $0.75 per share, with EPS estimates ranging from $0.71 to $0.79. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Vermilion Energy.
Several equities research analysts have recently commented on VET shares. Zacks Investment Research cut Vermilion Energy from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. Scotiabank reissued a “buy” rating and issued a $52.50 target price on shares of Vermilion Energy in a research note on Tuesday, October 10th. Finally, Canaccord Genuity restated a “buy” rating and issued a $52.00 price target on shares of Vermilion Energy in a research report on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. Vermilion Energy currently has an average rating of “Hold” and a consensus target price of $47.83.
The business also recently declared a monthly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be given a $0.1672 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.01 annualized dividend and a dividend yield of 5.38%. Vermilion Energy’s dividend payout ratio is currently 670.00%.
Several large investors have recently bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Vermilion Energy by 9.5% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,550,100 shares of the oil and gas company’s stock worth $233,052,000 after purchasing an additional 569,180 shares during the last quarter. TD Asset Management Inc. lifted its holdings in Vermilion Energy by 0.6% during the third quarter. TD Asset Management Inc. now owns 3,013,884 shares of the oil and gas company’s stock worth $106,877,000 after acquiring an additional 17,765 shares in the last quarter. Guardian Capital LP lifted its holdings in Vermilion Energy by 71.3% during the second quarter. Guardian Capital LP now owns 2,869,750 shares of the oil and gas company’s stock worth $90,935,000 after acquiring an additional 1,194,092 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Vermilion Energy by 5.0% during the second quarter. Vanguard Group Inc. now owns 2,589,511 shares of the oil and gas company’s stock worth $82,165,000 after acquiring an additional 124,130 shares in the last quarter. Finally, Schafer Cullen Capital Management Inc. lifted its holdings in Vermilion Energy by 9.2% during the second quarter. Schafer Cullen Capital Management Inc. now owns 1,817,936 shares of the oil and gas company’s stock worth $57,683,000 after acquiring an additional 152,496 shares in the last quarter. Institutional investors and hedge funds own 54.18% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: This report was reported by American Banking News and is the property of of American Banking News. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at https://www.americanbankingnews.com/2018/01/04/zacks-analysts-expect-vermilion-energy-inc-vet-to-post-0-16-earnings-per-share.html.
About Vermilion Energy
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Vermilion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy and related companies with MarketBeat.com's FREE daily email newsletter.