Capital One Financial Reduces Earnings Estimates for Ovintiv

Ovintiv Inc. (NYSE:OVV) – Stock analysts at Capital One Financial lowered their FY2025 earnings per share estimates for shares of Ovintiv in a report issued on Monday, November 24th. Capital One Financial analyst P. Johnston now expects that the company will earn $4.10 per share for the year, down from their previous forecast of $4.13. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Capital One Financial also issued estimates for Ovintiv’s Q4 2025 earnings at $0.63 EPS, Q1 2026 earnings at $0.92 EPS, Q2 2026 earnings at $1.03 EPS, Q3 2026 earnings at $1.11 EPS, FY2026 earnings at $4.25 EPS and FY2028 earnings at $5.31 EPS.

A number of other brokerages have also recently commented on OVV. Royal Bank Of Canada set a $55.00 price objective on shares of Ovintiv and gave the stock an “outperform” rating in a research note on Wednesday, October 15th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ovintiv in a report on Monday, November 17th. Morgan Stanley lowered their target price on shares of Ovintiv from $48.00 to $46.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 14th. JPMorgan Chase & Co. dropped their target price on Ovintiv from $50.00 to $47.00 and set an “overweight” rating on the stock in a research report on Friday, October 3rd. Finally, Zacks Research raised Ovintiv from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $51.94.

Ovintiv Stock Up 1.6%

Shares of OVV stock opened at $39.58 on Tuesday. Ovintiv has a twelve month low of $29.80 and a twelve month high of $47.04. The stock has a market cap of $10.02 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.89 and a beta of 1.00. The stock has a 50 day moving average of $38.94 and a 200 day moving average of $39.41. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.42.

Ovintiv (NYSE:OVV) last released its quarterly earnings data on Tuesday, November 4th. The company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.06. Ovintiv had a return on equity of 14.24% and a net margin of 6.46%.The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $1.86 billion.

Ovintiv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, December 15th. Ovintiv’s payout ratio is presently 131.87%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OVV. McIlrath & Eck LLC purchased a new stake in shares of Ovintiv during the third quarter worth $31,000. IFP Advisors Inc boosted its position in Ovintiv by 316.7% during the second quarter. IFP Advisors Inc now owns 846 shares of the company’s stock worth $32,000 after acquiring an additional 643 shares during the last quarter. Dogwood Wealth Management LLC purchased a new stake in Ovintiv during the 2nd quarter valued at about $35,000. HM Payson & Co. acquired a new stake in Ovintiv in the 3rd quarter valued at about $36,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new position in Ovintiv in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

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.