Research Analysts Set Expectations for Ovintiv Q4 Earnings

Ovintiv Inc. (TSE:OVV) – Analysts at Zacks Research decreased their Q4 2026 earnings estimates for Ovintiv in a research note issued to investors on Wednesday, July 15th. Zacks Research analyst Team now forecasts that the company will earn $2.21 per share for the quarter, down from their previous estimate of $2.22. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q2 2027 earnings at $2.11 EPS, Q3 2027 earnings at $2.01 EPS, Q4 2027 earnings at $2.01 EPS, FY2027 earnings at $7.85 EPS, Q1 2028 earnings at $2.50 EPS, Q2 2028 earnings at $2.54 EPS and FY2028 earnings at $10.15 EPS.

Ovintiv (TSE:OVV) last posted its earnings results on Monday, May 11th. The company reported C($3.27) earnings per share for the quarter. The firm had revenue of C$3.52 billion during the quarter. Ovintiv had a return on equity of 7.13% and a net margin of 8.59%.

Several other research firms have also weighed in on OVV. Wells Fargo & Company upgraded Ovintiv from a “hold” rating to a “strong-buy” rating and set a C$80.00 target price on the stock in a report on Monday, June 22nd. Texas Capital upgraded Ovintiv to a “strong-buy” rating in a report on Thursday, June 25th. Citigroup upgraded Ovintiv from a “hold” rating to a “strong-buy” rating and set a C$70.00 price objective on the stock in a report on Wednesday, May 20th. Finally, Truist Financial upgraded Ovintiv to a “strong-buy” rating in a research report on Monday, March 23rd. Seven investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ovintiv presently has a consensus rating of “Strong Buy” and an average target price of C$75.00.

Ovintiv Price Performance

Shares of OVV stock opened at C$78.70 on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.56 and a debt-to-equity ratio of 66.59. Ovintiv has a 12-month low of C$50.13 and a 12-month high of C$86.86. The firm has a fifty day moving average of C$78.47 and a 200-day moving average of C$72.10. The firm has a market capitalization of C$22.12 billion, a price-to-earnings ratio of 25.89, a price-to-earnings-growth ratio of 0.05 and a beta of 0.39.

Ovintiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, June 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. Ovintiv’s dividend payout ratio (DPR) is presently 39.47%.

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.