Zacks Research Issues Positive Forecast for Ovintiv Earnings

Ovintiv Inc. (TSE:OVV) – Research analysts at Zacks Research lifted their Q1 2026 EPS estimates for shares of Ovintiv in a report issued on Wednesday, April 1st. Zacks Research analyst Team now forecasts that the company will earn $1.46 per share for the quarter, up from their prior estimate of $1.42. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q1 2028 earnings at $2.33 EPS.

Other analysts have also recently issued reports about the stock. TD Cowen raised shares of Ovintiv to a “strong-buy” rating in a research report on Monday, February 9th. Stephens upgraded Ovintiv to a “hold” rating in a research note on Tuesday, February 3rd. Truist Financial raised Ovintiv to a “strong-buy” rating in a research report on Monday, March 23rd. Scotiabank upgraded Ovintiv from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. Finally, Citigroup downgraded Ovintiv from a “strong-buy” rating to a “hold” rating in a report on Sunday, March 29th. Five equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Ovintiv Stock Performance

Shares of OVV stock opened at C$82.34 on Thursday. The company’s fifty day simple moving average is C$69.98 and its 200-day simple moving average is C$59.94. Ovintiv has a 52 week low of C$42.35 and a 52 week high of C$86.86. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 67.25. The company has a market cap of C$23.33 billion, a PE ratio of 17.23, a P/E/G ratio of 0.05 and a beta of 1.06.

Ovintiv (TSE:OVV) last announced its quarterly earnings results on Monday, February 23rd. The company reported C$5.10 earnings per share for the quarter. Ovintiv had a net margin of 14.13% and a return on equity of 11.86%. The firm had revenue of C$2.81 billion for the quarter.

Ovintiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, March 13th. Ovintiv’s payout ratio is presently 25.10%.

About Ovintiv

Ovintiv Inc is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the province of Alberta. Ovintiv’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin.