Vermilion Energy Inc. (TSE:VET) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$21.54.

A number of research analysts have weighed in on VET shares. Stifel Nicolaus lifted their price target on shares of Vermilion Energy from C$20.25 to C$22.00 and gave the company a “buy” rating in a research note on Tuesday, April 23rd. Canaccord Genuity Group increased their target price 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. Royal Bank of Canada boosted their price target on Vermilion Energy from C$20.00 to C$21.00 in a report on Tuesday, April 9th. Raymond James decreased their price objective on Vermilion Energy from C$26.00 to C$24.00 and set an “outperform” rating for the company in a report on Friday, January 19th. Finally, National Bankshares boosted their target price on Vermilion Energy from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research note on Friday, April 19th.

Insider Activity

In other Vermilion Energy news, Director Robert B. Michaleski purchased 10,000 shares of Vermilion Energy stock in a transaction that occurred on Monday, March 11th. The stock was acquired at an average price of C$14.94 per share, for a total transaction of C$149,400.00. In related news, Director Myron Maurice Stadnyk bought 3,000 shares of the business’s stock in a transaction dated Tuesday, March 26th. The stock was bought at an average price of C$16.10 per share, for a total transaction of C$48,300.00. Also, Director Robert B. Michaleski purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The stock was bought at an average price of C$14.94 per share, for a total transaction of C$149,400.00. 0.15% of the stock is owned by insiders.

Vermilion Energy Price Performance

VET opened at C$16.60 on Thursday. The company has a fifty day simple moving average of C$16.03 and a 200 day simple moving average of C$16.44. The company has a quick ratio of 0.40, a current ratio of 1.18 and a debt-to-equity ratio of 31.93. The stock has a market cap of C$2.69 billion, a P/E ratio of -11.45, a P/E/G ratio of -0.02 and a beta of 2.71. Vermilion Energy has a 12 month low of C$13.30 and a 12 month high of C$21.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings results on Wednesday, March 6th. The company reported C$1.30 EPS for the quarter, topping analysts’ consensus estimates of C$0.71 by C$0.59. Vermilion Energy had a negative return on equity of 7.39% and a negative net margin of 12.98%. The company had revenue of C$522.97 million for the quarter, compared to analyst estimates of C$593.34 million. On average, research analysts expect that Vermilion Energy will post 1.8666667 EPS for the current year.

Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date was Wednesday, March 27th. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.10. Vermilion Energy’s dividend payout ratio (DPR) is -33.10%.

About Vermilion Energy

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.