Zacks Research Has Positive Forecast for Ovintiv Q1 Earnings

Ovintiv Inc. (TSE:OVV) – Analysts at Zacks Research upped their Q1 2025 EPS estimates for shares of Ovintiv in a report released on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the company will earn $1.56 per share for the quarter, up from their previous estimate of $1.51. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q2 2025 earnings at $1.65 EPS, Q3 2025 earnings at $1.76 EPS, Q4 2025 earnings at $2.03 EPS, FY2025 earnings at $7.01 EPS, Q1 2026 earnings at $1.53 EPS, Q4 2026 earnings at $2.83 EPS, FY2026 earnings at $7.97 EPS and FY2027 earnings at $8.69 EPS.

Ovintiv Stock Up 4.1 %

Shares of TSE OVV opened at C$60.65 on Thursday. Ovintiv has a 1 year low of C$49.74 and a 1 year high of C$76.63. The company has a market cap of C$11.03 billion, a P/E ratio of 5.56, a PEG ratio of 0.05 and a beta of 2.63. The firm has a 50-day simple moving average of C$61.49 and a two-hundred day simple moving average of C$58.88. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51.

Ovintiv Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be given a dividend of $0.30 per share. The ex-dividend date is Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.98%. Ovintiv’s payout ratio is 14.85%.

About Ovintiv

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.