Vermilion Energy Inc. (TSE:VET) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been given an average rating of “Moderate Buy” by the eight brokerages that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$19.75.

VET has been the topic of several recent research reports. TD lifted their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Friday, July 31st. BMO Capital Markets upped their target price on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. Desjardins set a C$16.00 price target on shares of Vermilion Energy and gave the company a “hold” rating in a research note on Friday, July 17th. Finally, TD Securities raised Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd.

Vermilion Energy Stock Performance

Shares of VET opened at C$16.73 on Thursday. The firm has a market cap of C$2.56 billion, a price-to-earnings ratio of -5.77, a PEG ratio of -0.02 and a beta of 0.26. The company has a quick ratio of 0.40, a current ratio of 1.00 and a debt-to-equity ratio of 62.68. The business’s 50 day moving average is C$16.49 and its two-hundred day moving average is C$16.33. Vermilion Energy has a 52-week low of C$9.98 and a 52-week high of C$20.31.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its earnings results on Wednesday, July 29th. The company reported C$0.86 EPS for the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%.The company had revenue of C$563.07 million during the quarter. Analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th will be paid a dividend of $0.135 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.54 dividend on an annualized basis and a yield of 3.2%. Vermilion Energy’s dividend payout ratio is currently -18.28%.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.