Zacks Research Has Negative Outlook for Ovintiv Q3 Earnings

Ovintiv Inc. (NYSE:OVV) – Stock analysts at Zacks Research lowered their Q3 2025 earnings per share estimates for Ovintiv in a research note issued to investors on Monday, September 29th. Zacks Research analyst Team now expects that the company will earn $0.99 per share for the quarter, down from their prior forecast of $1.08. Zacks Research currently has a “Strong Sell” 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 $1.27 EPS and FY2025 earnings at $4.70 EPS.

OVV has been the topic of a number of other research reports. Wells Fargo & Company lowered their target price on Ovintiv from $46.00 to $41.00 and set an “equal weight” rating on the stock in a research note on Monday, June 16th. Barclays upped their price target on Ovintiv from $55.00 to $57.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. UBS Group upped their price target on Ovintiv from $51.00 to $52.00 and gave the stock a “buy” rating in a report on Wednesday, August 20th. TD Cowen raised Ovintiv to a “strong-buy” rating in a report on Monday, July 7th. Finally, Mizuho reduced their price target on Ovintiv from $58.00 to $50.00 and set an “outperform” rating for the company in a report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $52.60.

Ovintiv Stock Down 0.5%

Shares of OVV opened at $40.42 on Tuesday. Ovintiv has a 52 week low of $29.80 and a 52 week high of $47.18. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $10.39 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 5.25 and a beta of 1.08. The stock’s 50-day moving average price is $41.00 and its 200-day moving average price is $38.98.

Ovintiv (NYSE:OVV) last issued its earnings results on Thursday, July 24th. The company reported $1.02 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.02). Ovintiv had a return on equity of 14.24% and a net margin of 6.46%.The company had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.92 billion.

Ovintiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 15th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.0%. Ovintiv’s dividend payout ratio is presently 53.10%.

Institutional Investors Weigh In On Ovintiv

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Ovintiv in the 4th quarter valued at $4,949,000. Wealth Enhancement Advisory Services LLC grew its holdings in Ovintiv by 198.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 39,622 shares of the company’s stock valued at $1,605,000 after buying an additional 26,366 shares in the last quarter. GAMMA Investing LLC grew its holdings in Ovintiv by 7,266.9% in the 1st quarter. GAMMA Investing LLC now owns 237,583 shares of the company’s stock valued at $10,169,000 after buying an additional 234,358 shares in the last quarter. Merit Financial Group LLC grew its holdings in Ovintiv by 221.7% in the 1st quarter. Merit Financial Group LLC now owns 26,480 shares of the company’s stock valued at $1,133,000 after buying an additional 18,248 shares in the last quarter. Finally, Lifestyle Asset Management Inc. grew its holdings in Ovintiv by 6.2% in the 1st quarter. Lifestyle Asset Management Inc. now owns 19,183 shares of the company’s stock valued at $821,000 after buying an additional 1,125 shares in the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

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.