Zacks Research Estimates Ovintiv’s FY2026 Earnings (TSE:OVV)

Ovintiv Inc. (TSE:OVV) – Investment analysts at Zacks Research reduced their FY2026 earnings estimates for shares of Ovintiv in a research report issued to clients and investors on Monday, February 2nd. Zacks Research analyst Team now expects that the company will post earnings of $4.88 per share for the year, down from their previous estimate of $4.95. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q4 2026 earnings at $1.32 EPS, Q1 2027 earnings at $1.60 EPS, Q2 2027 earnings at $1.67 EPS, Q3 2027 earnings at $1.65 EPS, Q4 2027 earnings at $1.83 EPS and FY2027 earnings at $6.75 EPS.

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

A number of other research analysts have also recently commented on the company. Wells Fargo & Company upgraded Ovintiv to a “hold” rating in a report on Friday, October 17th. Roth Mkm upgraded Ovintiv to a “hold” rating in a research report on Monday, October 13th. Stephens raised Ovintiv to a “hold” rating in a research note on Tuesday. William Blair upgraded Ovintiv to a “strong-buy” rating in a report on Wednesday, November 26th. Finally, Scotiabank downgraded Ovintiv from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Four analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Ovintiv presently has an average rating of “Buy”.

Ovintiv Stock Performance

Ovintiv stock opened at C$63.04 on Tuesday. The firm has a 50 day simple moving average of C$55.46 and a 200-day simple moving average of C$55.27. The stock has a market cap of C$15.97 billion, a price-to-earnings ratio of 67.78, a price-to-earnings-growth ratio of 0.05 and a beta of 1.05. 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$65.73.

Ovintiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, December 15th. Ovintiv’s dividend payout ratio is 129.03%.

Trending Headlines about Ovintiv

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: Stephens upgraded Ovintiv to a “hold” rating, a minor positive catalyst that can attract buyers or reduce selling pressure. Stephens upgrade reported on Zacks
• Neutral Sentiment: Consensus full‑year EPS estimates cited in the coverage referenced remain near $5.66, so while Zacks trimmed many quarter/year lines, the headline consensus hasn’t moved dramatically yet — leaving valuation expectations broadly intact for now. MarketBeat Ovintiv coverage
• Negative Sentiment: Zacks Research issued multiple sequential cuts to Ovintiv’s quarterly and annual EPS forecasts across recent notes (Q4 2025–Q4 2027 and FY2025–FY2027). Examples: several quarter trims (Q1–Q4 across 2025–2027) and FY cuts (FY2025 lowered to ~$5.92 from $6.01; FY2026 to ~4.87–4.88; FY2027 trimmed to the mid‑$6s). These pervasive downward revisions signal weaker forward earnings outlooks and are a clear negative for longer‑term valuation. Zacks Research estimate revisions (MarketBeat)

Ovintiv Company Profile

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.