Zacks Research Estimates Ovintiv’s Q4 Earnings (NYSE:OVV)

Ovintiv Inc. (NYSE:OVV) – Stock analysts at Zacks Research reduced their Q4 2026 earnings estimates for Ovintiv in a research note issued to investors on Thursday, August 13th. Zacks Research analyst Team now expects that the company will earn $1.47 per share for the quarter, down from their prior estimate of $1.57. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Ovintiv’s current full-year earnings is $6.87 per share. Zacks Research also issued estimates for Ovintiv’s Q1 2027 earnings at $1.29 EPS and Q2 2028 earnings at $1.97 EPS.

OVV has been the subject of several other reports. Scotiabank raised shares of Ovintiv from an “outperform” rating to a “buy” rating in a report on Wednesday, May 20th. Stephens reaffirmed a “positive” rating and issued a $69.00 price target on shares of Ovintiv in a report on Friday, July 24th. Weiss Ratings upgraded Ovintiv from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. Morgan Stanley dropped their price objective on Ovintiv from $68.00 to $65.00 and set an “equal weight” rating for the company in a research note on Monday, June 29th. Finally, UBS Group upped their target price on Ovintiv from $71.00 to $74.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. One equities research 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $66.79.

Ovintiv Stock Performance

Ovintiv stock opened at $62.37 on Friday. Ovintiv has a 1-year low of $35.47 and a 1-year high of $64.61. 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 firm has a market capitalization of $17.18 billion, a PE ratio of 17.62 and a beta of 0.53. The firm’s 50 day simple moving average is $57.19 and its 200 day simple moving average is $55.35.

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

Ovintiv Announces Dividend

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

Institutional Inflows and Outflows

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

About Ovintiv

Ovintiv Inc is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv’s upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company’s core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada.