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

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been given an average rating of “Moderate Buy” by the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$19.36.

A number of equities research analysts recently weighed in on VET shares. Desjardins decreased their price objective on Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating for the company in a research note on Tuesday, August 6th. JPMorgan Chase & Co. cut their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Canaccord Genuity Group decreased their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. Royal Bank of Canada decreased their price objective on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. Finally, BMO Capital Markets downgraded Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th.

Vermilion Energy Stock Up 0.1 %

Shares of Vermilion Energy stock opened at C$13.13 on Monday. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The stock has a market cap of C$2.05 billion, a price-to-earnings ratio of -2.57, a PEG ratio of -0.02 and a beta of 2.60. The firm’s 50-day moving average is C$13.28 and its two-hundred day moving average is C$14.54. Vermilion Energy has a 1 year low of C$11.87 and a 1 year high of C$18.53.

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

Vermilion Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio (DPR) is -9.39%.

Insider Buying and Selling

In other news, Director Myron Maurice Stadnyk bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The stock was purchased at an average cost of C$13.54 per share, for a total transaction of C$67,700.00. 0.16% of the stock is owned by corporate insiders.

About Vermilion Energy

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.