Vermilion Energy Inc. (NYSE:VET) Stock Has Average Target Price of $15.00

Vermilion Energy Inc. (NYSE:VET) (TSE:VET) has been assigned a consensus rating of “Hold” from the nine research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $15.00.

Several analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Vermilion Energy from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday, October 8th. Wall Street Zen raised shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Desjardins raised Vermilion Energy to a “hold” rating in a report on Thursday, July 16th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Vermilion Energy in a research note on Friday, October 9th. Finally, TD Securities reaffirmed a “buy” rating on shares of Vermilion Energy in a report on Friday, July 31st.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in Vermilion Energy by 44.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,870,457 shares of the oil and gas company’s stock worth $67,114,000 after buying an additional 1,487,870 shares in the last quarter. LM Asset Management Inc. bought a new stake in shares of Vermilion Energy during the second quarter worth $34,468,381. Aegis Financial Corp raised its position in shares of Vermilion Energy by 27.3% during the second quarter. Aegis Financial Corp now owns 3,260,428 shares of the oil and gas company’s stock worth $30,499,000 after acquiring an additional 700,000 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Vermilion Energy during the first quarter valued at $31,144,000. Finally, Bank of Nova Scotia bought a new stake in Vermilion Energy during the 2nd quarter worth about $15,852,000. Institutional investors own 31.91% of the company’s stock.

Vermilion Energy Trading Up 1.7%

Vermilion Energy stock opened at $12.46 on Friday. The business has a 50 day moving average price of $12.20 and a two-hundred day moving average price of $11.70. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 0.63. Vermilion Energy has a 12 month low of $7.10 and a 12 month high of $14.82. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of -5.90 and a beta of 0.58.

Vermilion Energy (NYSE:VET) (TSE:VET) last announced its quarterly earnings data on Wednesday, July 29th. The oil and gas company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.57. Vermilion Energy had a positive return on equity of 5.26% and a negative net margin of 22.48%. The company had revenue of $390.53 million for the quarter, compared to analyst estimates of $330.39 million.

Vermilion Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th were given a C$0.14 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.54 dividend on an annualized basis and a yield of 4.3%. Vermilion Energy’s payout ratio is -18.48%.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company explores for, develops and produces crude oil, condensate, natural gas liquids and natural gas, with a portfolio focused on assets in North America and Europe.

Vermilion’s North American operations include oil and natural gas properties in Canada and the United States. In Europe, the company has historically maintained production and development interests in countries including France, the Netherlands, Germany and Croatia.