Capital One Financial Forecasts Ovintiv FY2025 Earnings

Ovintiv Inc. (TSE:OVV) – Capital One Financial raised their FY2025 earnings estimates for shares of Ovintiv in a report issued on Wednesday, March 5th. Capital One Financial analyst P. Johnston now forecasts that the company will earn $10.00 per share for the year, up from their prior estimate of $9.15. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Capital One Financial also issued estimates for Ovintiv’s FY2026 earnings at $11.64 EPS.

Ovintiv Trading Up 2.6 %

TSE OVV opened at C$56.11 on Monday. The company has a debt-to-equity ratio of 63.59, a current ratio of 0.52 and a quick ratio of 0.51. The firm’s fifty day moving average price is C$61.69 and its 200 day moving average price is C$58.89. The company has a market capitalization of C$10.21 billion, a price-to-earnings ratio of 5.14, a price-to-earnings-growth ratio of 0.05 and a beta of 2.63. Ovintiv has a 12 month low of C$49.74 and a 12 month high of C$76.63.

Ovintiv Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Friday, March 14th. Ovintiv’s dividend payout ratio is currently 14.85%.

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.