Zacks: Analysts Expect Vermilion Energy Inc (VET) to Post $0.16 Earnings Per Share

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.

Shares of Vermilion Energy (NYSE:VET) opened at $37.33 on Thursday. The company has a market capitalization of $4,558.97, a price-to-earnings ratio of 124.43 and a beta of 0.56. Vermilion Energy has a 52 week low of $29.91 and a 52 week high of $43.81. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.77 and a quick ratio of 0.72.

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.

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