What is Zacks Research’s Estimate for Ovintiv Q3 Earnings?

Ovintiv Inc. (NYSE:OVV) – Investment analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for shares of Ovintiv in a research report issued to clients and investors on Wednesday, July 15th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.49 for the quarter, up from their previous estimate of $1.48. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Ovintiv’s current full-year earnings is $7.46 per share. Zacks Research also issued estimates for Ovintiv’s Q1 2027 earnings at $1.22 EPS, Q2 2027 earnings at $1.50 EPS, Q3 2027 earnings at $1.43 EPS, Q4 2027 earnings at $1.43 EPS, FY2027 earnings at $5.58 EPS, Q1 2028 earnings at $1.78 EPS, Q2 2028 earnings at $1.81 EPS and FY2028 earnings at $7.22 EPS.

A number of other analysts have also issued reports on OVV. Truist Financial dropped their price objective on shares of Ovintiv from $70.00 to $66.00 and set a “buy” rating on the stock in a research note on Monday. Barclays upped their target price on shares of Ovintiv from $68.00 to $75.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. National Bank Financial lifted their price target on shares of Ovintiv from $82.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Weiss Ratings downgraded Ovintiv from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Finally, Wall Street Zen lowered Ovintiv from a “buy” rating to a “hold” rating in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $64.16.

Ovintiv Stock Down 0.4%

NYSE OVV opened at $56.08 on Thursday. The stock has a market cap of $15.76 billion, a PE ratio of 18.09 and a beta of 0.53. Ovintiv has a fifty-two week low of $35.47 and a fifty-two week high of $63.46. The business has a 50 day moving average price of $56.23 and a two-hundred day moving average price of $52.20. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.48.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in OVV. BCS Private Wealth Management Inc. acquired a new position in Ovintiv in the fourth quarter worth about $976,000. UBS Group AG raised its stake in Ovintiv by 8.3% during the fourth quarter. UBS Group AG now owns 997,177 shares of the company’s stock valued at $39,079,000 after buying an additional 76,846 shares in the last quarter. TrueMark Investments LLC acquired a new stake in Ovintiv during the fourth quarter valued at approximately $889,000. Intech Investment Management LLC bought a new position in Ovintiv during the 4th quarter worth approximately $5,045,000. Finally, Hillsdale Investment Management Inc. grew its position in shares of Ovintiv by 317.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 187,800 shares of the company’s stock worth $7,373,000 after acquiring an additional 142,800 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors.

Ovintiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Monday, June 15th. Ovintiv’s payout ratio is 38.71%.

Key Stories Impacting Ovintiv

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for Ovintiv across several quarters and fiscal years, suggesting slightly stronger expected profitability ahead. Ovintiv (OVV) Expected to Announce Earnings on Thursday
• Neutral Sentiment: Despite the higher forecasts, Zacks Research maintained a Hold rating, indicating the revisions were not strong enough to turn bullish on the stock.
• Neutral Sentiment: Ovintiv is expected to report earnings soon, which could become the next major catalyst for the shares.

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.