Capital One Financial Raises Earnings Estimates for Ovintiv

Ovintiv Inc. (NYSE:OVV) – Analysts at Capital One Financial lifted their Q1 2025 earnings per share (EPS) estimates for Ovintiv in a research report issued to clients and investors on Monday, November 18th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $1.02 per share for the quarter, up from their previous forecast of $0.99. The consensus estimate for Ovintiv’s current full-year earnings is $5.14 per share. Capital One Financial also issued estimates for Ovintiv’s Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.20 EPS, Q4 2025 earnings at $1.24 EPS and FY2025 earnings at $4.59 EPS.

Other equities research analysts have also issued research reports about the company. Siebert Williams Shank upgraded Ovintiv to a “strong-buy” rating in a research report on Tuesday, October 15th. Barclays increased their target price on Ovintiv from $53.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday. Wells Fargo & Company lowered their price objective on Ovintiv from $51.00 to $42.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 1st. UBS Group increased their target price on shares of Ovintiv from $57.00 to $59.00 and gave the company a “buy” rating in a research report on Monday. Finally, Truist Financial boosted their price objective on Ovintiv from $57.00 to $59.00 and gave the stock a “buy” rating in a research note on Friday. Five research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Ovintiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $56.71.

Ovintiv Trading Up 2.7 %

Shares of NYSE:OVV opened at $44.97 on Tuesday. The firm has a market capitalization of $11.71 billion, a P/E ratio of 5.96 and a beta of 2.62. 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 business’s 50-day moving average is $40.80 and its 200 day moving average is $44.36. Ovintiv has a 1 year low of $36.90 and a 1 year high of $55.95.

Ovintiv Dividend Announcement

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 paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.67%. Ovintiv’s payout ratio is currently 15.92%.

Institutional Investors Weigh In On Ovintiv

Institutional investors have recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. acquired a new stake in Ovintiv during the 1st quarter worth approximately $214,000. US Bancorp DE raised its stake in shares of Ovintiv by 4.5% during the 1st quarter. US Bancorp DE now owns 8,914 shares of the company’s stock worth $463,000 after buying an additional 386 shares during the last quarter. Avantax Advisory Services Inc. purchased a new stake in shares of Ovintiv in the 1st quarter worth about $233,000. Vanguard Group Inc. grew its stake in Ovintiv by 3.8% in the 1st quarter. Vanguard Group Inc. now owns 28,055,344 shares of the company’s stock valued at $1,456,072,000 after acquiring an additional 1,024,931 shares during the last quarter. Finally, Acadian Asset Management LLC increased its holdings in Ovintiv by 1,228.3% during the 1st quarter. Acadian Asset Management LLC now owns 8,063 shares of the company’s stock valued at $418,000 after acquiring an additional 7,456 shares in the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Ovintiv Company Profile

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.