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

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been given an average recommendation of “Moderate Buy” by the twelve analysts that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$21.71.

VET has been the topic of several research reports. Stifel Nicolaus raised their price objective on shares of Vermilion Energy from C$20.25 to C$22.00 and gave the company a “buy” rating in a research report on Tuesday, April 23rd. TD Securities raised Vermilion Energy from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$18.00 to C$20.00 in a research note on Wednesday, March 27th. JPMorgan Chase & Co. reduced their price objective on Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating on the stock in a research report on Friday, March 8th. National Bankshares boosted their target price on Vermilion Energy from C$21.00 to C$22.00 and gave the stock an “outperform” rating in a research report on Friday, April 19th. Finally, BMO Capital Markets set a C$21.00 price target on shares of Vermilion Energy and gave the company an “outperform” rating in a research report on Tuesday, May 14th.

Vermilion Energy Price Performance

Shares of TSE VET opened at C$16.31 on Monday. The stock’s 50-day simple moving average is C$16.51 and its two-hundred day simple moving average is C$15.97. Vermilion Energy has a twelve month low of C$13.30 and a twelve month high of C$21.60. The firm has a market capitalization of C$2.61 billion, a P/E ratio of -4.31, a P/E/G ratio of -0.02 and a beta of 2.73. The company has a quick ratio of 0.40, a current ratio of 1.15 and a debt-to-equity ratio of 32.96.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, May 1st. The company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$1.08 by C($1.07). The business had revenue of C$508.04 million for the quarter. Vermilion Energy had a negative return on equity of 18.21% and a negative net margin of 34.11%. As a group, equities analysts anticipate that Vermilion Energy will post 1.6180556 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

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

Insider Activity at Vermilion Energy

In other Vermilion Energy news, Senior Officer Terrance Gerald Hergott sold 30,000 shares of the firm’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. In other Vermilion Energy news, Senior Officer Terrance Gerald Hergott sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of C$16.37, for a total transaction of C$491,100.00. Also, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total value of C$825,000.00. Insiders bought 18,000 shares of company stock worth $279,945 in the last three months. 0.15% of the stock is owned by insiders.

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.