Zacks Research Brokers Lower Earnings Estimates for Ovintiv

Ovintiv Inc. (TSE:OVV) – Equities research analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for Ovintiv in a research note issued on Thursday, April 24th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $7.68 per share for the year, down from their prior estimate of $7.95. 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 $2.46 EPS, Q1 2027 earnings at $1.68 EPS and FY2027 earnings at $7.32 EPS.

OVV has been the topic of a number of other reports. BMO Capital Markets upgraded shares of Ovintiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 24th. Scotiabank upgraded shares of Ovintiv to a “strong-buy” rating in a research note on Wednesday, March 19th. Five investment analysts have rated the stock with a strong buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Ovintiv Trading Down 1.0 %

TSE:OVV opened at C$47.87 on Monday. The company has a market capitalization of C$8.71 billion, a PE ratio of 4.39, a P/E/G ratio of 0.05 and a beta of 2.63. Ovintiv has a 52-week low of C$42.35 and a 52-week high of C$73.00. The stock’s 50 day moving average price is C$54.27 and its 200 day moving average price is C$58.11. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 63.59.

Ovintiv Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were paid a $0.30 dividend. The ex-dividend date was Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.51%. Ovintiv’s dividend payout ratio (DPR) is currently 14.85%.

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.