William Blair Forecasts Ovintiv’s FY2025 Earnings (TSE:OVV)

Ovintiv Inc. (TSE:OVV) – Investment analysts at William Blair issued their FY2025 EPS estimates for Ovintiv in a report issued on Wednesday, November 26th. William Blair analyst N. Dingmann expects that the company will earn $5.99 per share for the year. William Blair has a “Strong-Buy” rating on the stock. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. William Blair also issued estimates for Ovintiv’s FY2026 earnings at $6.13 EPS, FY2027 earnings at $8.71 EPS, FY2028 earnings at $9.81 EPS and FY2029 earnings at $9.75 EPS.

OVV has been the subject of several other reports. Wells Fargo & Company upgraded Ovintiv to a “hold” rating in a research note on Friday, October 17th. Royal Bank Of Canada raised Ovintiv from a “hold” rating to a “moderate buy” rating in a report on Wednesday, October 15th. Finally, Roth Capital upgraded Ovintiv to a “hold” rating in a research report on Monday, October 13th. Five research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Ovintiv Stock Performance

Shares of TSE:OVV opened at C$57.10 on Monday. The company’s 50 day simple moving average is C$54.29 and its 200 day simple moving average is C$54.60. The stock has a market capitalization of C$14.46 billion, a price-to-earnings ratio of 61.40, a price-to-earnings-growth ratio of 0.05 and a beta of 0.88. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51. Ovintiv has a 1 year low of C$42.35 and a 1 year high of C$66.67.

Ovintiv (TSE:OVV) last issued its earnings results on Tuesday, November 4th. The company reported C$0.57 EPS for the quarter. Ovintiv had a net margin of 20.34% and a return on equity of 19.62%. The company had revenue of C$2.88 billion during the quarter.

Ovintiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 29th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. Ovintiv’s dividend payout ratio (DPR) is presently 129.03%.

About Ovintiv

Ovintiv Inc is a leading North American exploration and production (E&P) company focused on developing its high-quality, multi-basin portfolio. Ovintiv works to safely produce crude oil and natural gas-products that make modern life possible for all. The Company is focused on creating long-term shareholder value while contributing to the strength and sustainability of the communities where it operates.