Equities Analysts Offer Predictions for Ovintiv Q2 Earnings
by Amy Steele · The Cerbat GemOvintiv Inc. (NYSE:OVV – Free Report) – Equities researchers at Zacks Research boosted their Q2 2025 earnings per share estimates for Ovintiv in a report released on Tuesday, October 22nd. Zacks Research analyst R. Department now anticipates that the company will earn $0.91 per share for the quarter, up from their prior forecast of $0.88. The consensus estimate for Ovintiv’s current full-year earnings is $4.87 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2025 earnings at $1.21 EPS, Q4 2025 earnings at $1.12 EPS, FY2025 earnings at $4.21 EPS, Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $0.90 EPS and FY2026 earnings at $4.03 EPS.
Several other analysts have also weighed in on OVV. Evercore ISI decreased their target price on shares of Ovintiv from $60.00 to $54.00 and set an “outperform” rating on the stock in a research report on Monday, September 30th. Wells Fargo & Company decreased their price objective on Ovintiv from $51.00 to $42.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 1st. JPMorgan Chase & Co. lowered their price objective on Ovintiv from $60.00 to $51.00 and set an “overweight” rating on the stock in a research note on Thursday, September 12th. Citigroup cut their target price on Ovintiv from $58.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, October 7th. Finally, Royal Bank of Canada lowered their price target on Ovintiv from $62.00 to $61.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 1st. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $57.00.
Check Out Our Latest Stock Analysis on Ovintiv
Ovintiv Stock Up 0.4 %
OVV opened at $39.81 on Friday. Ovintiv has a fifty-two week low of $36.90 and a fifty-two week high of $55.95. The company has a market capitalization of $10.49 billion, a P/E ratio of 5.61, a P/E/G ratio of 7.76 and a beta of 2.61. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.44 and a quick ratio of 0.44. The firm’s fifty day moving average price is $41.26 and its two-hundred day moving average price is $45.90.
Ovintiv (NYSE:OVV – Get Free Report) last released its earnings results on Tuesday, July 30th. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.02. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.53 billion. Ovintiv had a return on equity of 18.28% and a net margin of 18.56%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in OVV. AQR Capital Management LLC raised its stake in shares of Ovintiv by 114.9% during the second quarter. AQR Capital Management LLC now owns 3,027,292 shares of the company’s stock worth $141,889,000 after buying an additional 1,618,556 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Ovintiv by 7,422.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,359,014 shares of the company’s stock valued at $52,064,000 after acquiring an additional 1,340,947 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Ovintiv by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 28,055,344 shares of the company’s stock valued at $1,456,072,000 after acquiring an additional 1,024,931 shares during the last quarter. SIR Capital Management L.P. acquired a new position in shares of Ovintiv in the 2nd quarter valued at $22,732,000. Finally, SG Americas Securities LLC boosted its position in shares of Ovintiv by 6,830.6% in the 1st quarter. SG Americas Securities LLC now owns 411,054 shares of the company’s stock worth $21,334,000 after purchasing an additional 405,123 shares during the last quarter. 83.81% of the stock is currently owned by institutional investors and hedge funds.
Ovintiv Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.20 annualized dividend and a yield of 3.01%. Ovintiv’s dividend payout ratio is currently 16.93%.
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.
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