Research Analysts Offer Predictions for Ovintiv Q2 Earnings

Ovintiv Inc. (NYSE:OVV) – Research analysts at Zacks Research lifted their Q2 2026 EPS estimates for shares of Ovintiv in a report released on Tuesday, March 18th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.20 per share for the quarter, up from their previous forecast of $0.99. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2026 earnings at $1.32 EPS.

OVV has been the subject of a number of other research reports. Williams Trading set a $58.00 price objective on Ovintiv in a research report on Wednesday, March 5th. UBS Group decreased their price target on Ovintiv from $59.00 to $56.00 and set a “buy” rating for the company in a research report on Monday, December 9th. Wells Fargo & Company boosted their price objective on Ovintiv from $44.00 to $45.00 and gave the stock an “equal weight” rating in a report on Thursday. Mizuho dropped their target price on shares of Ovintiv from $63.00 to $60.00 and set an “outperform” rating on the stock in a research report on Monday, December 16th. Finally, Bank of America raised shares of Ovintiv from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $55.00 to $54.00 in a research note on Monday, January 13th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Ovintiv has a consensus rating of “Moderate Buy” and a consensus target price of $56.78.

Ovintiv Trading Down 0.4 %

Shares of NYSE:OVV opened at $42.18 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.52 and a current ratio of 0.52. The stock has a market capitalization of $10.98 billion, a price-to-earnings ratio of 5.59 and a beta of 2.55. Ovintiv has a 1-year low of $36.62 and a 1-year high of $55.95. The company has a 50 day moving average price of $42.84 and a 200 day moving average price of $41.80.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.85%. The ex-dividend date is Friday, March 14th. Ovintiv’s dividend payout ratio is 28.57%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of OVV. Pacer Advisors Inc. increased its position in Ovintiv by 11,282.4% during the third quarter. Pacer Advisors Inc. now owns 6,543,648 shares of the company’s stock worth $250,687,000 after buying an additional 6,486,159 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Ovintiv by 1,732.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,387,923 shares of the company’s stock worth $137,134,000 after acquiring an additional 3,203,087 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Ovintiv by 1,577.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,458,881 shares of the company’s stock worth $99,587,000 after acquiring an additional 2,312,292 shares in the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of Ovintiv by 243.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 2,564,698 shares of the company’s stock valued at $103,870,000 after acquiring an additional 1,818,337 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Ovintiv by 69.7% in the 4th quarter. AQR Capital Management LLC now owns 3,283,743 shares of the company’s stock valued at $132,992,000 after acquiring an additional 1,348,221 shares in the last quarter. Institutional investors own 83.81% of the company’s stock.

Ovintiv Company Profile

Ovintiv Inc, together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.