Capital One Financial Expects Increased Earnings for Ovintiv

Ovintiv Inc. (NYSE:OVV) – Capital One Financial upped their Q1 2025 earnings per share (EPS) estimates for shares of Ovintiv in a research note issued on Wednesday, March 5th. Capital One Financial analyst P. Johnston now anticipates that the company will earn $1.53 per share for the quarter, up from their prior estimate of $1.40. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Capital One Financial also issued estimates for Ovintiv’s Q2 2025 earnings at $1.70 EPS, Q3 2025 earnings at $1.83 EPS and Q4 2025 earnings at $1.93 EPS.

Several other equities research analysts have also issued reports on OVV. Mizuho decreased their target price on Ovintiv from $63.00 to $60.00 and set an “outperform” rating for the company in a research report on Monday, December 16th. Citigroup decreased their target price on Ovintiv from $55.00 to $54.00 and set a “buy” rating for the company in a research report on Tuesday, November 26th. National Bankshares raised their target price on Ovintiv from $51.00 to $56.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. UBS Group decreased their target price on Ovintiv from $59.00 to $56.00 and set a “buy” rating for the company in a research report on Monday, December 9th. Finally, Bank of America raised Ovintiv from a “neutral” rating to a “buy” rating and decreased their target price for the company from $55.00 to $54.00 in a research report on Monday, January 13th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Ovintiv presently has an average rating of “Moderate Buy” and a consensus target price of $56.88.

Ovintiv Trading Down 0.6 %

Shares of Ovintiv stock opened at $38.01 on Friday. Ovintiv has a 1 year low of $36.62 and a 1 year high of $55.95. The firm has a market cap of $9.89 billion, a PE ratio of 5.04 and a beta of 2.55. The stock has a fifty day moving average price of $43.04 and a 200-day moving average price of $42.02. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.52 and a quick ratio of 0.52.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in OVV. Pacer Advisors Inc. boosted its stake in Ovintiv by 11,282.4% in the 3rd quarter. Pacer Advisors Inc. now owns 6,543,648 shares of the company’s stock worth $250,687,000 after purchasing an additional 6,486,159 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Ovintiv by 1,732.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,387,923 shares of the company’s stock worth $137,134,000 after purchasing an additional 3,203,087 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Ovintiv by 1,577.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,458,881 shares of the company’s stock worth $99,587,000 after purchasing an additional 2,312,292 shares during the period. Alyeska Investment Group L.P. boosted its stake in Ovintiv by 243.6% in the 4th quarter. Alyeska Investment Group L.P. now owns 2,564,698 shares of the company’s stock worth $103,870,000 after purchasing an additional 1,818,337 shares during the period. Finally, AQR Capital Management LLC boosted its stake in Ovintiv by 69.7% in the 4th quarter. AQR Capital Management LLC now owns 3,283,743 shares of the company’s stock worth $132,992,000 after purchasing an additional 1,348,221 shares during the period. Institutional investors own 83.81% of the company’s stock.

Ovintiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.30 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a yield of 3.16%. Ovintiv’s dividend payout ratio is currently 28.57%.

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.