Vermilion Energy Inc. (TSE:VET) Receives C$19.36 Average Price Target from Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have earned an average rating of “Moderate Buy” from the eleven analysts that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$19.36.

Several analysts have commented on VET shares. Royal Bank of Canada lowered their price objective on shares of Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. National Bankshares dropped their price target on Vermilion Energy from C$23.00 to C$17.00 in a research report on Friday, September 27th. TD Securities decreased their price objective on Vermilion Energy from C$20.00 to C$18.00 in a report on Tuesday, October 1st. Canaccord Genuity Group dropped their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th.

Vermilion Energy Price Performance

VET opened at C$13.53 on Friday. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The stock has a market capitalization of C$2.11 billion, a PE ratio of -2.65, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The stock’s 50 day moving average price is C$13.80 and its 200-day moving average price is C$14.23. Vermilion Energy has a 52-week low of C$11.87 and a 52-week high of C$17.56.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.12). The company had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. On average, equities research analysts predict that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio (DPR) is currently -9.39%.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.