Zacks Research Has Positive Estimate for Ovintiv Q2 Earnings

Ovintiv Inc. (NYSE:OVV) – Equities researchers at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of Ovintiv in a note issued to investors on Thursday, November 28th. Zacks Research analyst R. Department now anticipates that the company will earn $0.94 per share for the quarter, up from their prior forecast of $0.91. The consensus estimate for Ovintiv’s current full-year earnings is $5.45 per share. Zacks Research also issued estimates for Ovintiv’s Q4 2025 earnings at $1.25 EPS, FY2025 earnings at $4.27 EPS and FY2026 earnings at $4.41 EPS.

A number of other research firms have also issued reports on OVV. Truist Financial upped their target price on Ovintiv from $57.00 to $59.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Evercore ISI reduced their target price on Ovintiv from $60.00 to $54.00 and set an “outperform” rating on the stock in a research note on Monday, September 30th. Barclays upped their target price on Ovintiv from $53.00 to $57.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Scotiabank upped their target price on Ovintiv from $50.00 to $53.00 and gave the company a “sector outperform” rating in a research note on Monday, November 18th. Finally, Morgan Stanley reduced their target price on Ovintiv from $53.00 to $51.00 and set an “equal weight” rating on the stock in a research note on Monday, September 16th. Five equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Ovintiv currently has a consensus rating of “Moderate Buy” and an average target price of $56.65.

Ovintiv Stock Performance

OVV opened at $44.36 on Monday. Ovintiv has a 1-year low of $36.90 and a 1-year high of $55.95. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.52 and a quick ratio of 0.52. The stock’s 50 day simple moving average is $42.07 and its 200 day simple moving average is $43.96. The stock has a market cap of $11.55 billion, a P/E ratio of 5.88 and a beta of 2.63.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. True Wealth Design LLC raised its position in shares of Ovintiv by 3,180.0% in the 3rd quarter. True Wealth Design LLC now owns 656 shares of the company’s stock worth $25,000 after buying an additional 636 shares during the period. Innealta Capital LLC acquired a new stake in Ovintiv in the 2nd quarter valued at $39,000. UMB Bank n.a. increased its holdings in Ovintiv by 27.7% in the 3rd quarter. UMB Bank n.a. now owns 1,317 shares of the company’s stock valued at $50,000 after purchasing an additional 286 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Ovintiv in the 2nd quarter valued at $69,000. Finally, Transamerica Financial Advisors Inc. acquired a new stake in Ovintiv in the 3rd quarter valued at $65,000. 83.81% of the stock is owned by hedge funds and other institutional investors.

Ovintiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Friday, December 13th. Ovintiv’s dividend payout ratio (DPR) is currently 15.92%.

About Ovintiv

Ovintiv Inc, together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.