Ovintiv Q2 EPS Forecast Decreased by Capital One Financial

Ovintiv Inc. (NYSE:OVV) – Equities researchers at Capital One Financial reduced their Q2 2025 earnings per share (EPS) estimates for Ovintiv in a note issued to investors on Monday, July 21st. Capital One Financial analyst P. Johnston now anticipates that the company will earn $1.06 per share for the quarter, down from their previous estimate of $1.14. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Capital One Financial also issued estimates for Ovintiv’s Q3 2025 earnings at $1.37 EPS, Q4 2025 earnings at $1.39 EPS, FY2025 earnings at $5.24 EPS and FY2026 earnings at $4.68 EPS.

A number of other research analysts have also weighed in on OVV. Scotiabank raised their price objective on Ovintiv from $48.00 to $51.00 and gave the company a “sector outperform” rating in a research report on Friday, July 11th. The Goldman Sachs Group upgraded Ovintiv from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $47.00 to $51.00 in a research report on Tuesday, July 1st. TD Cowen upgraded Ovintiv to a “strong-buy” rating in a research report on Monday, July 7th. Barclays lifted their price target on Ovintiv from $53.00 to $55.00 and gave the stock an “overweight” rating in a research report on Monday, July 7th. Finally, Citigroup set a $54.00 price target on Ovintiv and gave the stock a “buy” rating in a research report on Wednesday, July 2nd. Two analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $53.81.

Ovintiv Price Performance

NYSE:OVV opened at $39.28 on Tuesday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.44. The business’s 50-day simple moving average is $38.90 and its two-hundred day simple moving average is $39.66. The stock has a market cap of $10.20 billion, a PE ratio of 16.71, a P/E/G ratio of 2.17 and a beta of 1.08. Ovintiv has a 52 week low of $29.80 and a 52 week high of $48.35.

Ovintiv (NYSE:OVV) last issued its earnings results on Tuesday, May 6th. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.20 by $0.22. The business had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.23 billion. Ovintiv had a return on equity of 14.89% and a net margin of 6.84%.

Institutional Investors Weigh In On Ovintiv

Several hedge funds have recently bought and sold shares of the stock. Westpac Banking Corp grew its holdings in shares of Ovintiv by 64.8% during the fourth quarter. Westpac Banking Corp now owns 31,369 shares of the company’s stock worth $1,270,000 after purchasing an additional 12,340 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Ovintiv in the fourth quarter worth about $25,272,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Ovintiv by 19.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 209,820 shares of the company’s stock worth $8,768,000 after acquiring an additional 34,207 shares during the period. Franklin Resources Inc. raised its position in shares of Ovintiv by 62.3% in the fourth quarter. Franklin Resources Inc. now owns 439,769 shares of the company’s stock worth $17,811,000 after acquiring an additional 168,801 shares during the period. Finally, Federated Hermes Inc. raised its position in shares of Ovintiv by 11.5% in the fourth quarter. Federated Hermes Inc. now owns 164,796 shares of the company’s stock worth $6,674,000 after acquiring an additional 16,945 shares during the period. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Ovintiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date was Friday, June 13th. Ovintiv’s dividend payout ratio (DPR) is currently 51.06%.

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.