Vermilion Energy Inc. (TSE:VET) Receives C$14.94 Consensus Target Price from Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned an average rating of “Hold” from the seven research firms that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$15.83.

Several research analysts have weighed in on the company. Desjardins upped their price target on Vermilion Energy from C$13.50 to C$16.00 and gave the stock a “hold” rating in a research note on Monday, March 9th. BMO Capital Markets lifted their price objective on shares of Vermilion Energy from C$12.00 to C$13.00 and gave the company a “market perform” rating in a research report on Thursday, December 11th. Scotiabank boosted their target price on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 20th. TD Securities lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating and upped their target price for the stock from C$14.00 to C$16.00 in a research report on Thursday, March 5th. Finally, National Bank Financial raised their target price on shares of Vermilion Energy from C$14.50 to C$18.50 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd.

Vermilion Energy Stock Performance

TSE VET opened at C$19.31 on Thursday. The company has a quick ratio of 0.40, a current ratio of 0.84 and a debt-to-equity ratio of 58.60. Vermilion Energy has a twelve month low of C$7.29 and a twelve month high of C$20.31. The business has a 50-day moving average price of C$14.94 and a 200-day moving average price of C$12.65. The firm has a market cap of C$2.95 billion, a price-to-earnings ratio of -4.54, a price-to-earnings-growth ratio of -0.02 and a beta of 1.12.

Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.135 per share. The ex-dividend date is Friday, March 13th. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.13. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.8%. Vermilion Energy’s dividend payout ratio (DPR) is -12.24%.

Insider Activity

In other news, insider Gerard Schut sold 10,000 shares of Vermilion Energy stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of C$19.00, for a total value of C$190,000.00. Following the sale, the insider directly owned 94,268 shares of the company’s stock, valued at approximately C$1,791,092. The trade was a 9.59% decrease in their ownership of the stock. Company insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.