Zacks Research Issues Positive Forecast for Ovintiv Earnings

Ovintiv Inc. (TSE:OVV) – Research analysts at Zacks Research raised their Q1 2026 EPS estimates for Ovintiv in a note issued to investors on Monday, March 16th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.42 per share for the quarter, up from their prior forecast of $1.14. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2026 earnings at $0.94 EPS, Q1 2027 earnings at $1.29 EPS, Q2 2027 earnings at $1.33 EPS, Q3 2027 earnings at $1.29 EPS and FY2027 earnings at $5.55 EPS.

Several other equities research analysts have also recently issued reports on OVV. TD Cowen upgraded Ovintiv to a “strong-buy” rating in a report on Monday, February 9th. Stephens upgraded Ovintiv to a “hold” rating in a research note on Tuesday, February 3rd. William Blair upgraded Ovintiv to a “strong-buy” rating in a research report on Wednesday, November 26th. Finally, Scotiabank raised Ovintiv from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. Five investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Ovintiv Stock Up 1.7%

OVV stock opened at C$78.23 on Wednesday. The company has a 50 day moving average price of C$64.60 and a two-hundred day moving average price of C$58.27. The company has a debt-to-equity ratio of 67.25, a quick ratio of 0.51 and a current ratio of 0.54. The stock has a market capitalization of C$22.17 billion, a P/E ratio of 16.37, a PEG ratio of 0.05 and a beta of 1.06. Ovintiv has a one year low of C$42.35 and a one year high of C$79.12.

Ovintiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, March 13th. Ovintiv’s payout ratio is currently 25.10%.

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.