Shares of Vermilion Energy Inc (TSE:VET) (NYSE:VET) have been assigned a consensus rating of “Buy” from the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$33.75.
VET has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their target price on shares of Vermilion Energy from C$43.00 to C$39.00 in a research report on Monday, July 29th. GMP Securities lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating and dropped their target price for the company from C$39.00 to C$30.00 in a research report on Friday, June 28th. Royal Bank of Canada dropped their target price on shares of Vermilion Energy from C$33.00 to C$32.00 and set a “sector perform” rating on the stock in a research report on Tuesday, July 30th. TD Securities dropped their target price on shares of Vermilion Energy from C$31.00 to C$26.00 and set a “hold” rating on the stock in a research report on Wednesday, July 31st. Finally, CSFB reissued a “neutral” rating and issued a C$32.00 price target on shares of Vermilion Energy in a research note on Tuesday, July 16th.
VET stock opened at C$21.10 on Tuesday. The firm has a market cap of $3.28 billion and a PE ratio of 9.39. The company has a debt-to-equity ratio of 75.62, a quick ratio of 0.62 and a current ratio of 0.85. The firm’s fifty day moving average is C$20.74 and its 200 day moving average is C$28.63. Vermilion Energy has a one year low of C$18.18 and a one year high of C$43.91.
Vermilion Energy (TSE:VET) (NYSE:VET) last announced its earnings results on Monday, July 29th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.38 by C($0.37). The firm had revenue of C$428.04 million for the quarter, compared to analyst estimates of C$436.70 million. Research analysts predict that Vermilion Energy will post 0.61 earnings per share for the current fiscal year.
The firm also recently declared a monthly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be paid a $0.23 dividend. This represents a $2.76 annualized dividend and a dividend yield of 13.08%. The ex-dividend date is Thursday, August 29th. Vermilion Energy’s dividend payout ratio is currently 122.89%.
About Vermilion Energy
Vermilion Energy Inc acquires, explores, develops, and produces petroleum and natural gas in Canada, France, the Netherlands, Germany, Ireland, Australia, the United States, and Central and Eastern Europe. It owns 80% interest in 544,500 net acres of developed land and 87% interest in 439,800 net acres of undeveloped land, and 397 net producing natural gas wells and 3,346 net producing oil wells; and 96% interest in 248,900 net acres of developed land and 92% interest in 251,800 net acres of undeveloped land in the Aquitaine and Paris Basins, and 337 net producing oil wells and 2 net producing gas wells.
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