Brokers Issue Forecasts for Ovintiv’s Q1 Earnings (TSE:OVV)

Ovintiv Inc. (TSE:OVV) – Equities research analysts at Capital One Financial lifted their Q1 2025 earnings estimates for shares of 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 earn $1.43 per share for the quarter, up from their previous forecast of $1.37. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Capital One Financial also issued estimates for Ovintiv’s Q2 2025 earnings at $1.58 EPS, Q3 2025 earnings at $1.68 EPS and Q4 2025 earnings at $1.74 EPS.

Separately, Siebert Williams Shank raised Ovintiv to a “strong-buy” rating in a research note on Tuesday, October 15th. One equities research analyst has rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$58.50.

Ovintiv Price Performance

TSE:OVV opened at C$63.03 on Tuesday. The stock has a 50 day moving average of C$56.10 and a two-hundred day moving average of C$61.00. Ovintiv has a 12 month low of C$49.74 and a 12 month high of C$76.63. The firm has a market cap of C$16.62 billion, a P/E ratio of 6.45, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63. The company has a current ratio of 0.44, a quick ratio of 0.51 and a debt-to-equity ratio of 67.70.

Ovintiv Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.406 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.62 annualized dividend and a dividend yield of 2.58%. Ovintiv’s dividend payout ratio is presently 16.58%.

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.