Capital One Financial Raises Earnings Estimates for Ovintiv

Ovintiv Inc. (TSE:OVV) – Capital One Financial increased their Q1 2025 EPS estimates for shares of Ovintiv in a report issued on Monday, November 18th. Capital One Financial analyst P. Johnston now anticipates 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 report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$58.50.

Ovintiv Trading Up 2.1 %

TSE OVV opened at C$63.03 on Tuesday. The company has a fifty day moving average of C$56.10 and a 200 day moving average of C$61.00. The company has a market capitalization of C$16.62 billion, a PE ratio of 6.45, a P/E/G ratio of 0.05 and a beta of 2.63. The company has a debt-to-equity ratio of 67.70, a current ratio of 0.44 and a quick ratio of 0.51. Ovintiv has a 1 year low of C$49.74 and a 1 year high of C$76.63.

Ovintiv Cuts Dividend

The company 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 dividend of $0.406 per share. This represents a $1.62 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date is Friday, December 13th. Ovintiv’s dividend payout ratio (DPR) 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.