
Ovintiv Inc. (TSE:OVV – Free Report) – Investment analysts at Zacks Research raised their FY2026 EPS estimates for Ovintiv in a report released on Wednesday, September 30th. Zacks Research analyst Team now expects that the company will earn $9.53 per share for the year, up from their prior estimate of $9.24. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q2 2027 earnings at $1.80 EPS, Q1 2028 earnings at $2.10 EPS, Q2 2028 earnings at $2.85 EPS and Q3 2028 earnings at $2.19 EPS.
Several other research firms also recently commented on OVV. Wells Fargo & Company upgraded Ovintiv to a “strong-buy” rating in a report on Wednesday, September 2nd. Texas Capital raised Ovintiv to a “strong-buy” rating in a research report on Thursday, June 25th. Finally, Seaport Research Partners upgraded Ovintiv to a “hold” rating in a report on Wednesday, September 2nd. Seven research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy” and a consensus price target of C$75.00.
Ovintiv Stock Up 0.8%
Shares of OVV stock opened at C$85.98 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 43.73. The stock has a market cap of C$23.78 billion, a P/E ratio of 24.02, a PEG ratio of 0.05 and a beta of 0.37. The company’s fifty day simple moving average is C$87.68 and its two-hundred day simple moving average is C$82.17. Ovintiv has a 52 week low of C$50.13 and a 52 week high of C$93.78.
Ovintiv Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were issued a dividend of $0.30 per share. The ex-dividend date was Tuesday, September 15th. This represents a $1.20 dividend on an annualized basis and a yield of 1.4%. Ovintiv’s dividend payout ratio is currently 33.52%.
Trending Headlines about Ovintiv
Here are the key news stories impacting Ovintiv this week:
- Positive Sentiment: Zacks increased its FY2026 EPS forecast to $9.53 from $9.24, while raising estimates for Q3 2026 to $2.09 from $2.03 and Q4 2026 to $2.12 from $2.06. Higher near-term projections could support investor confidence in Ovintiv’s operating performance. Zacks Research Has Bullish Estimate for Ovintiv Q3 Earnings
- Positive Sentiment: Longer-term expectations were also upgraded: FY2027 EPS rose to $7.44 from $7.04 and FY2028 EPS to $9.47 from $9.07. Zacks also raised forecasts for Q1 2027, Q4 2027, Q1 2028, Q2 2028 and Q3 2028, indicating a broad—not isolated—improvement in its earnings outlook.
- Positive Sentiment: Wall Street analysts reportedly rated Ovintiv a “Strong Buy,” adding to the favorable sentiment surrounding the stock. Ovintiv Inc. Stock Now Rated Strong Buy by Wall Street Analysts
- Neutral Sentiment: The upgrades are analyst estimates rather than reported financial results, so the potential benefit to OVV depends on commodity prices, production levels and whether the company ultimately meets or exceeds these forecasts. The current full-year consensus EPS estimate cited in the reports is $5.66.
Ovintiv Company Profile
Ovintiv Inc is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the province of Alberta. Ovintiv’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin.
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