Zacks Research Brokers Raise Earnings Estimates for Ovintiv

Ovintiv Inc. (TSE:OVV) – Equities researchers at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for Ovintiv in a note issued to investors on Wednesday, April 1st. Zacks Research analyst Team now forecasts that the company will post earnings of $1.46 per share for the quarter, up from their previous estimate of $1.42. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q1 2028 earnings at $2.33 EPS.

A number of other analysts have also issued reports on OVV. Truist Financial raised shares of Ovintiv to a “strong-buy” rating in a research note on Monday, March 23rd. Scotiabank raised Ovintiv from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. Stephens upgraded Ovintiv to a “hold” rating in a research note on Tuesday, February 3rd. Citigroup downgraded shares of Ovintiv from a “strong-buy” rating to a “hold” rating in a report on Sunday. Finally, TD Cowen upgraded shares of Ovintiv to a “strong-buy” rating in a research note on Monday, February 9th. Five equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Ovintiv presently has an average rating of “Buy”.

Ovintiv Stock Performance

Ovintiv stock opened at C$79.72 on Thursday. The company has a market cap of C$22.59 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 0.05 and a beta of 1.06. The company’s 50-day moving average price is C$69.45 and its 200-day moving average price is C$59.78. Ovintiv has a twelve month low of C$42.35 and a twelve month high of C$86.86. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 67.25.

Ovintiv (TSE:OVV) last posted its quarterly earnings data on Monday, February 23rd. The company reported C$5.10 earnings per share for the quarter. The firm had revenue of C$2.81 billion for the quarter. Ovintiv had a return on equity of 11.86% and a net margin of 14.13%.

Ovintiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. Ovintiv’s dividend payout ratio is 25.10%.

About Ovintiv

Ovintiv Inc is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the province of Alberta. Ovintiv’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin.