Ovintiv Stock Earnings Estimates Raised by Zacks Research

Ovintiv Inc. (TSE:OVV) – Stock analysts at Zacks Research lifted their FY2026 earnings estimates for Ovintiv in a research report issued on Wednesday, September 30th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $9.53 for the year, up from their previous forecast of $9.24. The consensus estimate for Ovintiv’s current full-year earnings is $5.66 per share. Zacks Research also issued estimates for Ovintiv’s Q2 2027 earnings at $1.80 EPS, Q1 2028 earnings at $2.10 EPS, Q2 2028 earnings at $2.85 EPS and Q3 2028 earnings at $2.19 EPS.

Other equities research analysts have also issued reports about the company. Texas Capital upgraded Ovintiv to a “strong-buy” rating in a research report on Thursday, June 25th. Wells Fargo & Company upgraded shares of Ovintiv to a “strong-buy” rating in a report on Wednesday, September 2nd. Finally, Seaport Research Partners raised shares of Ovintiv to a “hold” rating in a research report on Wednesday, September 2nd. Seven investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Ovintiv currently has an average rating of “Strong Buy” and an average price target of C$75.00.

Ovintiv Stock Up 3.7%

Shares of TSE:OVV opened at C$85.29 on Friday. Ovintiv has a 52-week low of C$50.13 and a 52-week high of C$93.78. The firm has a market capitalization of C$23.59 billion, a P/E ratio of 23.82, a P/E/G ratio of 0.05 and a beta of 0.37. The stock has a 50 day moving average price of C$87.74 and a 200-day moving average price of C$82.15. The company has a debt-to-equity ratio of 43.73, a quick ratio of 0.51 and a current ratio of 1.01.

Ovintiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 29th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 15th. Ovintiv’s payout ratio is 33.52%.

Key Ovintiv News

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: Zacks increased its Q3 2026 EPS forecast to $2.09 from $2.03 and its Q4 2026 estimate to $2.12 from $2.06. The firm also raised its FY2026 forecast to $9.53 per share from $9.24. Zacks Research Has Bullish Estimate for Ovintiv Q3 Earnings
• Positive Sentiment: Longer-term estimates were also lifted: FY2027 EPS rose to $7.44 from $7.04, FY2028 EPS increased to $9.47 from $9.07, and forecasts for Q1 2027, Q2 2027, Q3 2027 and Q4 2027 were raised. This broad-based improvement indicates stronger expected profitability rather than a one-quarter adjustment.
• Positive Sentiment: For 2028, Zacks raised its EPS forecasts to $2.10 for Q1, $2.85 for Q2 and $2.19 for Q3. The repeated upward revisions may reinforce the bullish view among investors. Ovintiv Inc. Stock Now Rated Strong Buy by Wall Street Analysts
• Neutral Sentiment: OVV’s shares remain relatively close to their 52-week high and above the 200-day moving average, although they are below the 50-day moving average. This mixed technical positioning could limit or moderate the immediate reaction to the favorable analyst revisions.

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.