FY2026 EPS Estimates for Ovintiv Boosted by Zacks Research

Ovintiv Inc. (NYSE:OVV) – Stock analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for shares of Ovintiv in a research note issued to investors on Wednesday, September 9th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $6.70 for the year, up from their previous estimate of $6.66. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Ovintiv’s current full-year earnings is $7.30 per share. Zacks Research also issued estimates for Ovintiv’s Q1 2027 earnings at $1.31 EPS and Q2 2028 earnings at $1.99 EPS.

Ovintiv (NYSE:OVV) last announced its earnings results on Thursday, July 23rd. The company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.94 by ($0.20). Ovintiv had a net margin of 9.43% and a return on equity of 14.84%. The firm had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $2.37 billion.

OVV has been the topic of several other research reports. Royal Bank Of Canada lifted their price objective on shares of Ovintiv from $70.00 to $85.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Seaport Research Partners initiated coverage on Ovintiv in a research note on Thursday, September 3rd. They set a “neutral” rating for the company. Weiss Ratings raised Ovintiv from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. Scotiabank raised Ovintiv from an “outperform” rating to a “buy” rating in a report on Wednesday, May 20th. Finally, Texas Capital raised Ovintiv to a “strong-buy” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $68.20.

Ovintiv Price Performance

Shares of Ovintiv stock opened at $64.43 on Thursday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average price is $61.24 and its two-hundred day moving average price is $57.98. Ovintiv has a 52 week low of $35.47 and a 52 week high of $67.51. The stock has a market cap of $17.75 billion, a PE ratio of 18.20 and a beta of 0.53.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be issued a $0.30 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.9%. Ovintiv’s dividend payout ratio is presently 33.90%.

Insider Activity

In other news, EVP Rachel Moore sold 7,753 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $63.32, for a total value of $490,919.96. Following the completion of the sale, the executive vice president owned 72,530 shares of the company’s stock, valued at $4,592,599.60. This trade represents a 9.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.85% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of OVV. Integrated Wealth Concepts LLC lifted its stake in Ovintiv by 70.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 9,127 shares of the company’s stock worth $391,000 after acquiring an additional 3,788 shares in the last quarter. Great Lakes Advisors LLC purchased a new position in Ovintiv during the 1st quarter valued at about $202,000. Focus Partners Wealth increased its holdings in shares of Ovintiv by 49.3% in the 1st quarter. Focus Partners Wealth now owns 19,282 shares of the company’s stock valued at $825,000 after purchasing an additional 6,364 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of Ovintiv by 47.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,830 shares of the company’s stock valued at $78,000 after purchasing an additional 589 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Ovintiv by 103.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,298 shares of the company’s stock worth $126,000 after purchasing an additional 1,675 shares in the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.

About Ovintiv

Ovintiv Inc is an independent North American energy company engaged primarily in the exploration, development, production and acquisition of oil, condensate, natural gas liquids and natural gas. Its portfolio is focused on unconventional, or shale, resource plays, with operations designed to produce a mix of higher-value liquids and natural gas.

The company’s principal assets are located in the United States and Canada. Its U.S. operations include positions in the Permian Basin of west Texas and New Mexico, the Uinta Basin of Utah and the Anadarko Basin of Oklahoma, while its Canadian operations include properties in Alberta’s Montney and Duvernay formations.