Capital One Financial Predicts Stronger Earnings for Ovintiv

Ovintiv Inc. (TSE:OVVFree Report) – Capital One Financial upped their FY2025 earnings estimates for Ovintiv in a report released on Wednesday, March 5th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $10.00 for the year, up from their prior estimate of $9.15. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Capital One Financial also issued estimates for Ovintiv’s FY2026 earnings at $11.64 EPS.

Ovintiv Trading Down 1.4 %

Shares of Ovintiv stock opened at C$54.70 on Monday. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51. The firm has a fifty day moving average price of C$61.73 and a 200 day moving average price of C$58.91. Ovintiv has a 1 year low of C$49.74 and a 1 year high of C$76.63. The stock has a market cap of C$9.95 billion, a PE ratio of 5.01, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63.

Ovintiv Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.19%. Ovintiv’s dividend payout ratio (DPR) is presently 14.85%.

About Ovintiv

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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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Earnings History and Estimates for Ovintiv (TSE:OVV)

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