Zacks Research Issues Negative Outlook for Ovintiv Earnings

Ovintiv Inc. (TSE:OVV) – Stock analysts at Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for shares of Ovintiv in a research note issued on Monday, March 16th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.93 for the quarter, down from their prior forecast of $1.11. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q4 2026 earnings at $1.12 EPS, FY2026 earnings at $4.41 EPS, Q4 2027 earnings at $1.64 EPS and FY2028 earnings at $10.79 EPS.

Several other research firms also recently commented on OVV. Scotiabank raised shares of Ovintiv from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. William Blair upgraded Ovintiv to a “strong-buy” rating in a research note on Wednesday, November 26th. TD Cowen raised Ovintiv to a “strong-buy” rating in a report on Monday, February 9th. Finally, Stephens raised Ovintiv to a “hold” rating in a research note on Tuesday, February 3rd. Five research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Ovintiv Stock Up 1.2%

Ovintiv stock opened at C$75.93 on Tuesday. Ovintiv has a 1-year low of C$42.35 and a 1-year high of C$76.88. The firm has a market capitalization of C$21.51 billion, a price-to-earnings ratio of 15.88, a price-to-earnings-growth ratio of 0.05 and a beta of 1.06. The firm’s fifty day moving average price is C$63.60 and its two-hundred day moving average price is C$57.99. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 67.25.

Ovintiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, March 13th. Ovintiv’s dividend payout ratio (DPR) is presently 25.10%.

About Ovintiv

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.