Zacks Research Issues Negative Outlook for Ovintiv Earnings

Ovintiv Inc. (NYSE:OVV) – Equities research analysts at Zacks Research cut their FY2025 EPS estimates for Ovintiv in a note issued to investors on Tuesday, December 2nd. Zacks Research analyst Team now expects that the company will post earnings of $4.35 per share for the year, down from their prior estimate of $4.36. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Zacks Research also issued estimates for Ovintiv’s Q4 2025 earnings at $0.88 EPS, Q2 2026 earnings at $0.82 EPS, Q4 2026 earnings at $1.11 EPS, FY2026 earnings at $3.69 EPS, Q1 2027 earnings at $1.25 EPS and Q2 2027 earnings at $1.26 EPS.

Ovintiv (NYSE:OVV) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.06. Ovintiv had a net margin of 2.64% and a return on equity of 12.22%. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $1.86 billion.

A number of other research firms also recently issued reports on OVV. Evercore ISI reissued an “outperform” rating and set a $47.00 price target on shares of Ovintiv in a research report on Thursday, November 6th. UBS Group boosted their target price on Ovintiv from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, November 21st. Wells Fargo & Company boosted their target price on Ovintiv from $38.00 to $42.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 18th. Barclays cut their price target on shares of Ovintiv from $57.00 to $55.00 and set an “overweight” rating on the stock in a report on Tuesday, October 7th. Finally, Mizuho dropped their price objective on shares of Ovintiv from $58.00 to $50.00 and set an “outperform” rating for the company in a research report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $51.83.

Ovintiv Trading Up 0.0%

OVV stock opened at $42.29 on Thursday. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.43. The company has a market cap of $10.71 billion, a price-to-earnings ratio of 46.47, a PEG ratio of 1.04 and a beta of 0.77. The business has a fifty day simple moving average of $38.75 and a 200-day simple moving average of $39.59. Ovintiv has a 52 week low of $29.80 and a 52 week high of $46.35.

Ovintiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, December 15th. Ovintiv’s payout ratio is presently 131.87%.

Institutional Investors Weigh In On Ovintiv

A number of large investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its holdings in Ovintiv by 2.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,834 shares of the company’s stock worth $599,000 after buying an additional 340 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Ovintiv by 43.4% during the first quarter. Smartleaf Asset Management LLC now owns 1,154 shares of the company’s stock worth $49,000 after acquiring an additional 349 shares during the last quarter. KLP Kapitalforvaltning AS lifted its stake in shares of Ovintiv by 0.6% in the third quarter. KLP Kapitalforvaltning AS now owns 63,400 shares of the company’s stock worth $2,560,000 after acquiring an additional 400 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Ovintiv by 3.8% in the second quarter. ProShare Advisors LLC now owns 11,518 shares of the company’s stock valued at $438,000 after purchasing an additional 427 shares during the last quarter. Finally, Forum Financial Management LP grew its stake in Ovintiv by 5.2% during the 3rd quarter. Forum Financial Management LP now owns 9,402 shares of the company’s stock valued at $380,000 after purchasing an additional 464 shares in the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.

Ovintiv Company Profile

Ovintiv Inc, together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.