Zacks Research Issues Positive Forecast for Ovintiv Earnings

Ovintiv Inc. (TSE:OVV) – Equities research analysts at Zacks Research raised their FY2026 earnings per share estimates for shares of Ovintiv in a research report issued on Monday, October 12th. Zacks Research analyst Team now anticipates that the company will earn $9.60 per share for the year, up from their previous estimate of $9.53. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q4 2026 earnings at $2.17 EPS, Q1 2027 earnings at $2.02 EPS, Q2 2027 earnings at $1.90 EPS, Q3 2027 earnings at $1.93 EPS, Q4 2027 earnings at $1.99 EPS, FY2027 earnings at $7.84 EPS and Q2 2028 earnings at $3.00 EPS.

A number of other equities analysts also recently issued reports on OVV. Texas Capital raised Ovintiv to a “strong-buy” rating in a report on Thursday, June 25th. Seaport Research Partners upgraded shares of Ovintiv to a “hold” rating in a research note on Wednesday, September 2nd. Finally, Wells Fargo & Company raised shares of Ovintiv to a “strong-buy” rating in a report on Wednesday, September 2nd. Seven analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Strong Buy” and a consensus target price of C$75.00.

Ovintiv Price Performance

Shares of TSE OVV opened at C$91.16 on Tuesday. The company has a debt-to-equity ratio of 43.73, a quick ratio of 0.51 and a current ratio of 1.01. Ovintiv has a fifty-two week low of C$50.13 and a fifty-two week high of C$93.78. The firm has a market capitalization of C$25.21 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 0.05 and a beta of 0.53. The stock’s 50-day simple moving average is C$88.05 and its 200-day simple moving average is C$82.69.

Ovintiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 15th. Ovintiv’s dividend payout ratio is presently 33.52%.

About Ovintiv

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.