Vermilion Energy (TSE:VET) Price Target Increased to C$22.00 by Analysts at Stifel Nicolaus

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective boosted by Stifel Nicolaus from C$20.25 to C$22.00 in a research note published on Tuesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Other research analysts have also issued reports about the stock. Raymond James decreased their price objective on shares of Vermilion Energy from C$26.00 to C$24.00 and set an outperform rating for the company in a report on Friday, January 19th. National Bankshares boosted their price objective on Vermilion Energy from C$21.00 to C$22.00 and gave the company an outperform rating in a report on Friday, April 19th. TD Securities upgraded Vermilion Energy from a hold rating to a buy rating and upped their price objective for the company from C$18.00 to C$20.00 in a research note on Wednesday, March 27th. ATB Capital decreased their target price on Vermilion Energy from C$27.00 to C$23.00 and set an outperform rating for the company in a research report on Thursday, January 18th. Finally, Canaccord Genuity Group upped their price target on Vermilion Energy from C$20.00 to C$20.50 and gave the company a buy rating in a research report on Wednesday, April 17th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Vermilion Energy presently has an average rating of Moderate Buy and an average price target of C$21.54.

Vermilion Energy Trading Up 1.2 %

TSE VET opened at C$16.42 on Tuesday. The company’s fifty day simple moving average is C$15.86 and its 200-day simple moving average is C$16.52. The stock has a market cap of C$2.66 billion, a P/E ratio of -11.32, a PEG ratio of -0.02 and a beta of 2.71. Vermilion Energy has a 52 week low of C$13.30 and a 52 week high of C$21.60. The company has a current ratio of 1.18, a quick ratio of 0.40 and a debt-to-equity ratio of 31.93.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C$1.30 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.71 by C$0.59. Vermilion Energy had a negative net margin of 12.98% and a negative return on equity of 7.39%. The company had revenue of C$522.97 million during the quarter, compared to analysts’ expectations of C$593.34 million. Equities research analysts predict that Vermilion Energy will post 1.8666667 EPS for the current fiscal year.

Vermilion Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.92%. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, March 27th. Vermilion Energy’s payout ratio is presently -33.10%.

Insider Buying and Selling at Vermilion Energy

In other news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total transaction of C$825,000.00. In other news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total transaction of C$825,000.00. Also, Director Robert B. Michaleski acquired 10,000 shares of Vermilion Energy stock in a transaction that occurred on Monday, March 11th. The stock was bought at an average cost of C$14.94 per share, with a total value of C$149,400.00. 0.15% of the stock is owned by company insiders.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.