Capital One Financial Forecasts Higher Earnings for Ovintiv

Ovintiv Inc. (TSE:OVV) – Stock analysts at Capital One Financial boosted their Q1 2025 earnings per share estimates for Ovintiv in a research report issued to clients and investors 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 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 report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, Ovintiv has an average rating of “Buy” and an average target price of C$58.50.

Ovintiv Price Performance

OVV opened at C$62.34 on Tuesday. Ovintiv has a 1 year low of C$49.74 and a 1 year 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 company has a market capitalization of C$16.43 billion, a price-to-earnings ratio of 6.38, a P/E/G ratio of 0.05 and a beta of 2.63. The firm’s fifty day moving average price is C$56.25 and its two-hundred day moving average price is C$60.95.

Ovintiv Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.406 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.62 annualized dividend and a yield of 2.61%. Ovintiv’s dividend payout ratio is currently 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.