Vermilion Energy Inc. (TSE:VET) Receives C$16.94 Consensus Target Price from Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is C$17.79.

A number of brokerages recently weighed in on VET. National Bank Financial upped their price target on shares of Vermilion Energy from C$14.50 to C$18.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Royal Bank Of Canada upped their price target on shares of Vermilion Energy from C$15.00 to C$22.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 8th. Scotiabank upped their price target on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research report on Tuesday, January 20th. TD Securities cut shares of Vermilion Energy from a “buy” rating to a “hold” rating and upped their price target for the stock from C$14.00 to C$16.00 in a research report on Thursday, March 5th. Finally, Desjardins upped their price target on shares of Vermilion Energy from C$13.50 to C$16.00 and gave the stock a “hold” rating in a research report on Monday, March 9th.

Vermilion Energy Stock Up 2.1%

Shares of Vermilion Energy stock opened at C$16.78 on Monday. The company has a fifty day moving average price of C$16.53 and a 200 day moving average price of C$13.49. The company has a current ratio of 0.84, a quick ratio of 0.40 and a debt-to-equity ratio of 58.60. Vermilion Energy has a twelve month low of C$8.17 and a twelve month high of C$20.31. The stock has a market cap of C$2.56 billion, a price-to-earnings ratio of -3.95, a price-to-earnings-growth ratio of -0.02 and a beta of 0.30.

Vermilion Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were given a dividend of $0.135 per share. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.54 dividend on an annualized basis and a yield of 3.2%. Vermilion Energy’s dividend payout ratio is currently -12.24%.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, insider Gerard Schut sold 10,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of C$19.00, for a total value of C$190,000.00. Following the completion of the transaction, the insider directly owned 94,268 shares of the company’s stock, valued at C$1,791,092. This represents a 9.59% decrease in their position. Also, insider Yvonne Jeffery sold 6,332 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of C$19.51, for a total transaction of C$123,537.32. Following the completion of the transaction, the insider directly owned 30,527 shares of the company’s stock, valued at approximately C$595,581.77. The trade was a 17.18% decrease in their ownership of the stock. Corporate insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.