Capital One Financial Estimates Ovintiv Q4 Earnings

Ovintiv Inc. (NYSE:OVV) – Stock analysts at Capital One Financial upped their Q4 2026 earnings per share estimates for Ovintiv in a report released on Monday, November 24th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $1.19 per share for the quarter, up from their prior estimate of $1.15. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Capital One Financial also issued estimates for Ovintiv’s FY2027 earnings at $5.03 EPS.

Ovintiv (NYSE:OVV) last released its earnings results on Tuesday, November 4th. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.06. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $1.86 billion. Ovintiv had a return on equity of 14.24% and a net margin of 6.46%.

A number of other equities research analysts have also issued reports on OVV. Morgan Stanley reduced their target price on shares of Ovintiv from $48.00 to $46.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 14th. Roth Capital started coverage on shares of Ovintiv in a report on Monday, October 13th. They issued a “neutral” rating and a $42.00 target price on the stock. UBS Group boosted their price target on shares of Ovintiv from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Friday. JPMorgan Chase & Co. reduced their price objective on shares of Ovintiv from $50.00 to $47.00 and set an “overweight” rating on the stock in a report on Friday, October 3rd. Finally, Barclays lowered their target price on shares of Ovintiv from $57.00 to $55.00 and set an “overweight” rating for the company in a research note on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.94.

Ovintiv Trading Down 1.5%

NYSE OVV opened at $39.01 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market cap of $9.88 billion, a price-to-earnings ratio of 17.26, a PEG ratio of 1.89 and a beta of 1.00. The firm has a 50 day simple moving average of $38.87 and a 200-day simple moving average of $39.43. Ovintiv has a one year low of $29.80 and a one year high of $46.45.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in OVV. Burney Co. boosted its stake in shares of Ovintiv by 690.5% during the second quarter. Burney Co. now owns 67,091 shares of the company’s stock worth $2,553,000 after buying an additional 58,604 shares during the period. Atlas Capital Advisors Inc. raised its stake in Ovintiv by 1,681.1% during the 1st quarter. Atlas Capital Advisors Inc. now owns 13,875 shares of the company’s stock valued at $594,000 after acquiring an additional 13,096 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Ovintiv by 54.3% during the 1st quarter. BNP Paribas Financial Markets now owns 962,871 shares of the company’s stock worth $41,211,000 after acquiring an additional 338,866 shares during the period. Raymond James Financial Inc. grew its stake in shares of Ovintiv by 204.2% in the 1st quarter. Raymond James Financial Inc. now owns 583,839 shares of the company’s stock valued at $24,988,000 after purchasing an additional 391,923 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Ovintiv by 383.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,258,570 shares of the company’s stock valued at $396,267,000 after purchasing an additional 7,344,796 shares during the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Ovintiv Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a $0.30 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.1%. Ovintiv’s dividend payout ratio is 131.87%.

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.