Vermilion Energy Inc. (TSE:VET) Receives C$21.25 Consensus PT from Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned a consensus rating of “Moderate Buy” from the twelve ratings firms that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$21.25.

VET has been the topic of several research reports. JPMorgan Chase & Co. lowered their price objective on shares of Vermilion Energy from C$21.00 to C$18.00 and set an “overweight” rating on the stock in a report on Wednesday, August 7th. Desjardins lowered their target price on shares of Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating on the stock in a report on Tuesday, August 6th. Canaccord Genuity Group cut their price target on Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating for the company in a research note on Thursday, August 1st. Finally, BMO Capital Markets cut their target price on Vermilion Energy from C$21.00 to C$20.00 in a research report on Wednesday, July 3rd.

Vermilion Energy Stock Performance

Shares of Vermilion Energy stock opened at C$13.09 on Wednesday. The business has a 50-day simple moving average of C$14.37 and a 200 day simple moving average of C$15.44. The firm has a market capitalization of C$2.06 billion, a price-to-earnings ratio of -2.59, a PEG ratio of -0.02 and a beta of 2.64. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. Vermilion Energy has a one year low of C$12.82 and a one year high of C$21.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its quarterly earnings data on Wednesday, July 31st. The company reported C($0.52) EPS for the quarter, missing the consensus estimate of C$0.43 by C($0.95). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The firm had revenue of C$478.93 million for the quarter, compared to the consensus estimate of C$514.63 million. On average, research analysts anticipate that Vermilion Energy will post 2.3623932 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date is Friday, September 27th. Vermilion Energy’s payout ratio is -9.50%.

Insider Activity at Vermilion Energy

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of the stock in a transaction on Wednesday, August 21st. The shares were acquired at an average price of C$13.54 per share, with a total value of C$67,700.00. 0.16% of the stock is owned by company 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.