Ovintiv Inc. (TSE:OVV) Receives Average Rating of “Buy” from Analysts

Shares of Ovintiv Inc. (TSE:OVV) have been assigned a consensus rating of “Buy” from the eight brokerages that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and four have assigned a strong buy rating to the company.

OVV has been the subject of a number of research analyst reports. Royal Bank Of Canada upgraded Ovintiv from a “hold” rating to a “moderate buy” rating in a report on Wednesday, October 15th. Wells Fargo & Company raised shares of Ovintiv to a “hold” rating in a research report on Friday, October 17th. William Blair upgraded shares of Ovintiv to a “strong-buy” rating in a report on Wednesday, November 26th. Scotiabank downgraded shares of Ovintiv from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Roth Mkm upgraded shares of Ovintiv to a “hold” rating in a report on Monday, October 13th.

Key Stories Impacting Ovintiv

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: NuVista shareholders approved the transaction and a court issued the final order, clearing a key regulatory/closing hurdle for Ovintiv’s deal to acquire NuVista — a near-term catalyst that expands Ovintiv’s asset base and production footprint. NuVista and Ovintiv Announce NuVista Shareholder Approval…
• Negative Sentiment: Zacks Research cut multiple near‑ and medium‑term EPS estimates for Ovintiv (Q4 2026, Q1–Q4 2027 and FY2026–FY2027). Notable moves include Q4 2026 EPS down from $1.52 to $1.34 and FY2027 trimmed from $7.07 to $6.83 — reducing forward earnings expectations and putting pressure on the stock’s valuation (Ovintiv trades at a high P/E).
• Negative Sentiment: Scotiabank downgraded Ovintiv to a “Hold,” which may damp investor enthusiasm coming after the analyst estimate cuts and could increase selling pressure if other brokers follow. Ovintiv (TSE:OVV) Cut to “Hold” at Scotiabank

Ovintiv Stock Up 0.1%

Ovintiv stock opened at C$56.23 on Friday. The company has a market capitalization of C$14.24 billion, a PE ratio of 60.46, a price-to-earnings-growth ratio of 0.05 and a beta of 0.82. The company has a debt-to-equity ratio of 63.59, a quick ratio of 0.51 and a current ratio of 0.52. Ovintiv has a fifty-two week low of C$42.35 and a fifty-two week high of C$65.73. The firm has a 50 day moving average price of C$54.83 and a 200 day moving average price of C$55.09.

Ovintiv (TSE:OVV) last released its quarterly earnings results on Tuesday, November 4th. The company reported C$0.57 EPS for the quarter. Ovintiv had a return on equity of 19.62% and a net margin of 20.34%.The business had revenue of C$2.88 billion during the quarter. Research analysts expect that Ovintiv will post 5.6577693 earnings per share for the current year.

Ovintiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were issued a $0.30 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. Ovintiv’s dividend payout ratio (DPR) is 129.03%.

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.