Zacks Research Has Weak Estimate for Ovintiv FY2025 Earnings

Ovintiv Inc. (NYSE:OVV) – Investment analysts at Zacks Research reduced their FY2025 EPS estimates for shares of Ovintiv in a research report issued to clients and investors on Monday, December 29th. Zacks Research analyst Team now forecasts that the company will earn $4.34 per share for the year, down from their prior forecast of $4.35. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Zacks Research also issued estimates for Ovintiv’s Q4 2025 earnings at $0.87 EPS, Q1 2026 earnings at $0.84 EPS, Q2 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.92 EPS and FY2026 earnings at $3.68 EPS.

Ovintiv (NYSE:OVV) last issued its earnings results on Tuesday, November 4th. The company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.06. Ovintiv had a net margin of 2.64% and a return on equity of 12.22%. The company had revenue of $2.07 billion for the quarter, compared to analyst estimates of $1.86 billion.

Other equities analysts have also recently issued reports about the company. Citigroup reduced their price objective on Ovintiv from $54.00 to $52.00 and set a “buy” rating for the company in a report on Tuesday, November 18th. Mizuho dropped their price target on Ovintiv from $58.00 to $50.00 and set an “outperform” rating for the company in a research report on Monday, September 15th. UBS Group raised their price target on Ovintiv from $54.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Morgan Stanley decreased their price objective on shares of Ovintiv from $48.00 to $46.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 14th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $47.00 price target on shares of Ovintiv in a report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.89.

Ovintiv Price Performance

Shares of NYSE:OVV opened at $39.59 on Wednesday. The firm has a market capitalization of $10.03 billion, a price-to-earnings ratio of 43.50, a price-to-earnings-growth ratio of 1.69 and a beta of 0.77. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.45 and a quick ratio of 0.45. The business’s 50 day simple moving average is $38.94 and its 200-day simple moving average is $39.80. Ovintiv has a 12 month low of $29.80 and a 12 month high of $46.35.

Ovintiv Announces Dividend

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

Insider Buying and Selling at Ovintiv

In related news, COO Gregory Dean Givens sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $40.33, for a total transaction of $2,016,500.00. Following the transaction, the chief operating officer owned 105,867 shares of the company’s stock, valued at approximately $4,269,616.11. This represents a 32.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.89% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Allworth Financial LP boosted its holdings in shares of Ovintiv by 211.9% during the third quarter. Allworth Financial LP now owns 5,065 shares of the company’s stock worth $205,000 after purchasing an additional 3,441 shares during the last quarter. IFP Advisors Inc lifted its position in Ovintiv by 58.4% during the third quarter. IFP Advisors Inc now owns 1,340 shares of the company’s stock worth $54,000 after buying an additional 494 shares during the period. CIBC Private Wealth Group LLC lifted its position in Ovintiv by 258.2% during the third quarter. CIBC Private Wealth Group LLC now owns 1,576 shares of the company’s stock worth $64,000 after buying an additional 1,136 shares during the period. Caerus Investment Advisors LLC acquired a new stake in Ovintiv in the 3rd quarter worth about $629,000. Finally, Captrust Financial Advisors grew its holdings in Ovintiv by 237.9% in the 3rd quarter. Captrust Financial Advisors now owns 39,689 shares of the company’s stock valued at $1,603,000 after buying an additional 27,942 shares during the period. 83.81% of the stock is currently owned by institutional investors and hedge funds.

About Ovintiv

Ovintiv Inc is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv’s upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company’s core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada.