Vermilion Energy Inc. (TSE:VET) Receives C$21.71 Consensus Price Target from Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have received an average rating of “Moderate Buy” from the twelve research firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$21.71.

VET has been the topic of several analyst reports. Royal Bank of Canada lifted their target price on Vermilion Energy from C$20.00 to C$21.00 in a research report on Tuesday, April 9th. JPMorgan Chase & Co. reduced their target price on Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating for the company in a research report on Friday, March 8th. BMO Capital Markets set a C$21.00 price objective on Vermilion Energy and gave the stock an “outperform” rating in a report on Tuesday, May 14th. Canaccord Genuity Group upped their price objective on Vermilion Energy from C$20.00 to C$20.50 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Finally, Desjardins increased their target price on Vermilion Energy from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Tuesday, April 23rd.

Insider Activity

In related news, Senior Officer Terrance Gerald Hergott sold 30,000 shares of Vermilion Energy stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of C$16.37, for a total value of C$491,100.00. In other Vermilion Energy news, Senior Officer Terrance Gerald Hergott sold 30,000 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of C$16.37, for a total value of C$491,100.00. Also, Director Robert B. Michaleski bought 10,000 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were purchased at an average price of C$14.94 per share, with a total value of C$149,400.00. In the last 90 days, insiders have bought 18,000 shares of company stock valued at $279,945. 0.15% of the stock is currently owned by company insiders.

Vermilion Energy Trading Down 0.7 %

Shares of VET stock opened at C$16.31 on Monday. The company has a market cap of C$2.61 billion, a P/E ratio of -4.31, a PEG ratio of -0.02 and a beta of 2.73. The stock has a 50 day simple moving average of C$16.51 and a two-hundred day simple moving average of C$15.99. The company has a debt-to-equity ratio of 32.27, a quick ratio of 0.40 and a current ratio of 1.15. Vermilion Energy has a fifty-two week low of C$13.30 and a fifty-two week high of C$21.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings data on Wednesday, May 1st. The company reported C$0.01 EPS for the quarter, missing analysts’ consensus estimates of C$1.08 by C($1.07). Vermilion Energy had a negative net margin of 34.11% and a negative return on equity of 18.21%. The firm had revenue of C$508.04 million during the quarter. Research analysts forecast that Vermilion Energy will post 1.6153082 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Friday, June 28th. Vermilion Energy’s dividend payout ratio (DPR) is -12.70%.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.