Zacks Research Weighs in on Ovintiv’s Q2 Earnings (NYSE:OVV)

Ovintiv Inc. (NYSE:OVV) – Research analysts at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for shares of Ovintiv in a report issued on Monday, June 9th. Zacks Research analyst R. Department now expects that the company will earn $0.99 per share for the quarter, down from their previous forecast of $1.01. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2025 earnings at $1.26 EPS, FY2025 earnings at $5.10 EPS, Q1 2026 earnings at $1.22 EPS and FY2027 earnings at $5.93 EPS.

Other equities analysts have also issued research reports about the stock. Scotiabank upgraded shares of Ovintiv to a “strong-buy” rating in a research report on Wednesday, March 19th. JPMorgan Chase & Co. dropped their price objective on shares of Ovintiv from $56.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, March 13th. Morgan Stanley reaffirmed an “overweight” rating and issued a $50.00 target price on shares of Ovintiv in a report on Tuesday, April 15th. Wells Fargo & Company upped their target price on shares of Ovintiv from $45.00 to $46.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 22nd. Finally, BMO Capital Markets upgraded Ovintiv from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $55.00 to $57.00 in a report on Monday, March 24th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $55.00.

Ovintiv Trading Up 1.4%

OVV stock opened at $39.34 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.52 and a quick ratio of 0.52. Ovintiv has a 1-year low of $29.80 and a 1-year high of $49.57. The business has a 50 day simple moving average of $35.31 and a two-hundred day simple moving average of $39.88. The company has a market capitalization of $10.22 billion, a price-to-earnings ratio of 5.22 and a beta of 1.09.

Ovintiv (NYSE:OVV) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.20 by $0.22. The business had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.23 billion. Ovintiv had a return on equity of 17.87% and a net margin of 20.15%.

Ovintiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a $0.30 dividend. The ex-dividend date is Friday, June 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.05%. Ovintiv’s payout ratio is 51.06%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in Ovintiv by 2.8% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 10,183 shares of the company’s stock worth $412,000 after acquiring an additional 276 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Ovintiv by 5.6% in the 1st quarter. Concurrent Investment Advisors LLC now owns 5,582 shares of the company’s stock valued at $239,000 after purchasing an additional 297 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in Ovintiv by 1.5% in the 4th quarter. Daiwa Securities Group Inc. now owns 20,500 shares of the company’s stock worth $830,000 after purchasing an additional 300 shares in the last quarter. Bessemer Group Inc. grew its position in Ovintiv by 0.4% during the 4th quarter. Bessemer Group Inc. now owns 70,053 shares of the company’s stock worth $2,837,000 after purchasing an additional 310 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Ovintiv by 71.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 805 shares of the company’s stock valued at $32,000 after purchasing an additional 335 shares in the last quarter. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Ovintiv Company Profile

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.