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

Ovintiv Inc. (TSE:OVV) – Research analysts at Capital One Financial raised their Q1 2025 earnings per share estimates for shares of Ovintiv in a research note issued to investors on Monday, November 18th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $1.43 for the quarter, up from their previous estimate 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 upgraded shares of Ovintiv to a “strong-buy” rating in a research report on Tuesday, October 15th. One analyst has rated the stock with a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$58.50.

Ovintiv Price Performance

Shares of TSE OVV opened at C$63.91 on Tuesday. The stock has a market capitalization of C$16.85 billion, a PE ratio of 6.54, a P/E/G ratio of 0.05 and a beta of 2.63. Ovintiv has a fifty-two week low of C$49.74 and a fifty-two week high of C$76.63. The company has a debt-to-equity ratio of 67.70, a current ratio of 0.44 and a quick ratio of 0.51. The business has a fifty day moving average price of C$56.48 and a two-hundred day moving average price of C$60.91.

Ovintiv Cuts Dividend

The business also recently announced 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. This represents a $1.62 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend is Friday, December 13th. Ovintiv’s 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.