What is Zacks Research’s Forecast for Ovintiv Q2 Earnings?

Ovintiv Inc. (NYSE:OVV) – Stock analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for Ovintiv in a research note issued to investors on Thursday, January 9th. Zacks Research analyst R. Department now expects that the company will earn $1.00 per share for the quarter, up from their prior forecast of $0.98. The consensus estimate for Ovintiv’s current full-year earnings is $5.45 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2025 earnings at $1.16 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.50 EPS, Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.84 EPS and FY2026 earnings at $4.93 EPS.

OVV has been the topic of a number of other research reports. Wells Fargo & Company lowered their price target on Ovintiv from $48.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 17th. Citigroup lowered their price target on Ovintiv from $55.00 to $54.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. Scotiabank increased their price target on Ovintiv from $50.00 to $53.00 and gave the stock a “sector outperform” rating in a research report on Monday, November 18th. Truist Financial increased their target price on Ovintiv from $57.00 to $59.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, UBS Group reduced their target price on Ovintiv from $59.00 to $56.00 and set a “buy” rating for the company in a report on Monday, December 9th. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ovintiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $56.81.

Ovintiv Stock Performance

Shares of OVV stock opened at $43.57 on Friday. The company has a market capitalization of $11.34 billion, a P/E ratio of 5.78 and a beta of 2.63. The business’s 50 day moving average is $42.03 and its two-hundred day moving average is $42.53. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.46. Ovintiv has a 12-month low of $36.90 and a 12-month high of $55.95.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.20 dividend on an annualized basis and a yield of 2.75%. Ovintiv’s dividend payout ratio is currently 15.92%.

Institutional Investors Weigh In On Ovintiv

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. TD Asset Management Inc grew its stake in shares of Ovintiv by 1.7% in the second quarter. TD Asset Management Inc now owns 41,572 shares of the company’s stock valued at $1,948,000 after buying an additional 708 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of Ovintiv by 478.2% in the second quarter. Acadian Asset Management LLC now owns 46,617 shares of the company’s stock valued at $2,184,000 after buying an additional 38,554 shares in the last quarter. Caprock Group LLC acquired a new stake in shares of Ovintiv in the second quarter valued at $209,000. Ballentine Partners LLC grew its stake in shares of Ovintiv by 9.8% in the second quarter. Ballentine Partners LLC now owns 4,503 shares of the company’s stock valued at $211,000 after buying an additional 402 shares in the last quarter. Finally, Quest Partners LLC grew its stake in shares of Ovintiv by 480.8% in the second quarter. Quest Partners LLC now owns 7,666 shares of the company’s stock valued at $359,000 after buying an additional 6,346 shares in the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

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.