FY2026 EPS Estimates for Ovintiv Cut by Zacks Research

Ovintiv Inc. (TSE:OVV) – Equities research analysts at Zacks Research dropped their FY2026 earnings estimates for shares of Ovintiv in a report issued on Thursday, January 22nd. Zacks Research analyst Team now expects that the company will post earnings per share of $4.95 for the year, down from their prior estimate of $5.04. 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 $1.34 EPS, Q1 2027 earnings at $1.62 EPS, Q2 2027 earnings at $1.69 EPS, Q3 2027 earnings at $1.67 EPS, Q4 2027 earnings at $1.85 EPS and FY2027 earnings at $6.83 EPS.

Ovintiv (TSE:OVV) last posted its quarterly earnings results on Tuesday, November 4th. The company reported C$0.57 earnings per share (EPS) for the quarter. The firm had revenue of C$2.88 billion during the quarter. Ovintiv had a net margin of 20.34% and a return on equity of 19.62%.

OVV has been the subject of several other research reports. William Blair upgraded Ovintiv to a “strong-buy” rating in a research report on Wednesday, November 26th. Scotiabank lowered shares of Ovintiv from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Royal Bank Of Canada raised shares of Ovintiv from a “hold” rating to a “moderate buy” rating in a report on Wednesday, October 15th. Roth Mkm upgraded shares of Ovintiv to a “hold” rating in a research report on Monday, October 13th. Finally, Wells Fargo & Company raised shares of Ovintiv to a “hold” rating in a research note on Friday, October 17th. Four research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Ovintiv Stock Up 0.1%

TSE OVV opened at C$56.23 on Friday. Ovintiv has a 1-year low of C$42.35 and a 1-year high of C$65.73. The company has a market capitalization of C$14.24 billion, a price-to-earnings ratio of 60.46, a PEG ratio of 0.05 and a beta of 0.82. The stock’s 50 day moving average is C$54.83 and its two-hundred day moving average is C$55.09. The company has a current ratio of 0.52, a quick ratio of 0.51 and a debt-to-equity ratio of 63.59.

Ovintiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, December 15th. Ovintiv’s dividend payout ratio is 129.03%.

Trending Headlines about 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

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.