Ovintiv FY2025 EPS Estimate Lowered by Capital One Financial

Ovintiv Inc. (NYSE:OVV) – Equities research analysts at Capital One Financial dropped their FY2025 earnings estimates for Ovintiv in a research report issued on Monday, November 24th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $4.10 for the year, down from their previous estimate of $4.13. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Capital One Financial also issued estimates for Ovintiv’s Q4 2025 earnings at $0.63 EPS, Q1 2026 earnings at $0.92 EPS, Q2 2026 earnings at $1.03 EPS, Q3 2026 earnings at $1.11 EPS, FY2026 earnings at $4.25 EPS and FY2028 earnings at $5.31 EPS.

Ovintiv (NYSE:OVV) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.06. Ovintiv had a net margin of 6.46% and a return on equity of 14.24%. The business had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $1.86 billion.

Other equities analysts have also recently issued reports about the company. Evercore ISI reiterated an “outperform” rating and set a $47.00 price target on shares of Ovintiv in a report on Thursday, November 6th. Wells Fargo & Company increased their target price on shares of Ovintiv from $38.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of Ovintiv in a research note on Monday. Citigroup decreased their price objective on shares of Ovintiv from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Tuesday, November 18th. Finally, Roth Capital started coverage on shares of Ovintiv in a report on Monday, October 13th. They issued a “neutral” rating and a $42.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $51.94.

Ovintiv Price Performance

OVV stock opened at $39.01 on Tuesday. Ovintiv has a 52-week low of $29.80 and a 52-week high of $46.45. 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 stock has a market cap of $9.88 billion, a price-to-earnings ratio of 17.26, a price-to-earnings-growth ratio of 1.89 and a beta of 1.00. The business has a fifty day moving average of $38.87 and a two-hundred day moving average of $39.43.

Institutional Investors Weigh In On Ovintiv

A number of institutional investors and hedge funds have recently modified their holdings of the company. Kestra Private Wealth Services LLC lifted its stake in Ovintiv by 9.2% in the 1st quarter. Kestra Private Wealth Services LLC now owns 5,737 shares of the company’s stock valued at $246,000 after buying an additional 482 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Ovintiv by 2.7% during the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 125,556 shares of the company’s stock valued at $5,374,000 after buying an additional 3,357 shares during the period. Cetera Investment Advisers increased its stake in Ovintiv by 27.0% during the first quarter. Cetera Investment Advisers now owns 36,997 shares of the company’s stock worth $1,583,000 after acquiring an additional 7,869 shares during the last quarter. HB Wealth Management LLC purchased a new position in Ovintiv in the first quarter valued at approximately $241,000. Finally, LPL Financial LLC raised its stake in shares of Ovintiv by 13.3% in the 1st quarter. LPL Financial LLC now owns 101,389 shares of the company’s stock valued at $4,339,000 after acquiring an additional 11,897 shares during the period. Institutional investors and hedge funds own 83.81% of the company’s stock.

Ovintiv Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Monday, December 15th. Ovintiv’s dividend payout ratio is currently 131.87%.

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.