What is Zacks Research’s Forecast for Ovintiv Q4 Earnings?

Ovintiv Inc. (TSE:OVV) – Investment analysts at Zacks Research lowered their Q4 2026 earnings per share (EPS) estimates for shares of Ovintiv in a research report issued on Thursday, August 13th. Zacks Research analyst Team now anticipates that the company will earn $2.04 per share for the quarter, down from their previous forecast of $2.21. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q1 2027 earnings at $1.79 EPS and Q2 2028 earnings at $2.75 EPS.

Ovintiv (TSE:OVV) last released its earnings results on Monday, May 11th. The company reported C($3.27) earnings per share (EPS) for the quarter. Ovintiv had a net margin of 9.51% and a return on equity of 8.29%. The firm had revenue of C$3.52 billion during the quarter.

A number of other research firms also recently issued reports on OVV. Citigroup upgraded shares of Ovintiv from a “hold” rating to a “strong-buy” rating and set a C$70.00 target price for the company in a research report on Wednesday, May 20th. Texas Capital upgraded Ovintiv to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Wells Fargo & Company raised Ovintiv from a “hold” rating to a “strong-buy” rating and set a C$80.00 target price on the stock in a report on Monday, June 22nd. Seven analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Strong Buy” and an average target price of C$75.00.

Ovintiv Trading Down 1.6%

Shares of TSE:OVV opened at C$86.83 on Friday. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 43.73. Ovintiv has a 52-week low of C$50.13 and a 52-week high of C$90.93. The stock has a market cap of C$24.02 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 0.05 and a beta of 0.36. The business has a 50-day moving average price of C$80.52 and a 200-day moving average price of C$76.65.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. Ovintiv’s dividend payout ratio is presently 33.52%.

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.